Easy career class question..:)

Each day, you are faced with choices. You have to decide how to use your resources. For example, should you use some of your all

Dmitry_Shevchenko [17]

Hello Gabbypittman20!

Answer:
This answer is very tricky...but at least you have a teacher to help you.
The answer to this question would buy new clothes before buying a computer.
Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.

FLVS teacher,
~Sarah Bunkly

7 0

2 years ago

Juliana purchased land three years ago for $50,000. She gave the land to Tom, her brother, in the current year, when the fair ma

Nadya [2.5K]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0

3 years ago

__________ is an example of a capability that is based in the functional area of distribution. Group of answer choices Effective

ICE Princess25 [194]

Effective use of logistics management techniques is an example of a capability that is based in the functional area of distribution.

Option: C

Explanation:

An aspect of supply chain management that is utilized to fulfill consumer expectations by planning, monitoring and enforcing the efficient transportation and storage of relevant information, goods and services from source to destination, thus understood as a logistic management.

This is accompanied by a logistics approach that is a collection of guiding principles, attitudes and driving forces that will help you manage plans, priorities and initiatives through any supply chain among different partners. It allows companies to increase performance in the supply chain while enhancing supply chain management overall.

6 0

3 years ago

Assume Shamrock estimates bad debts based on 5% of the Accounts Receivables ending balance (as of Dec. 31, 20x2). Determine Bad

a_sh-v [17]

Answer:

Bad Debt Expense for 20x2 is $50,245

Explanation:

Note: The full question is attached as picture below

Ending balance = Beginning balance + Sales on account or credit sales - Cash collected - Uncollected accounts

Beginning balance of Accounts receivable (given) = $850000

Credit sales in 20X2 = 80% * $3125000 = $2500000

Cash collections (given) = $2400000

Uncollectible accounts (given) = $52100

Ending balance = $850000 + $2500000 - $2400000 - $52100 = $897900

Allowance required to be made for 20X2 = 5% of Accounts receivables ending balance on 20X2 = 5% * $897900 = $44895

First we will write off uncollectible accounts of $52100 from the beginning balance of allowance for uncollectible accounts. (Beginning balance of allowance for doubtful accounts = $46750 ).

Difference = Beginning balance of allowance account - Uncollectible accounts = $46750 - $52100 = - $5350

It means that there is a shortfall of $5350 in the allowance for doubtful accounts. And, also a total of $44895 should be there in the credit of Allowance for doubtful accounts at the end of 20X2. Allowance needed in 20X2 = $44895 + $5350 = $50,245 . So, the Bad debt expense for 20X2 is $50,245.

7 0

3 years ago

Assume that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good. The income elasti

notka56 [123]

Answer:

1.5

Elastic

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.

Income elasticity of demand = percentage change in quantity demanded / percentage change in income.

6 / 4 = 1.5

The income elasticity of demand is elastic

I hope my answer helps you

3 0

2 years ago