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hodyreva [135]
4 years ago
15

What are the six basic step of the problem solving process?

Business
2 answers:
enyata [817]4 years ago
8 0

Answer:

Step 1: Identify and define the problem.

Step 2: Generate possible solutions.

Step 3: Evaluate alternatives.

Step 4: Decide on a solution.

Step 5: Implement the solution.

Step 6: Evaluate the outcome.

balandron [24]4 years ago
3 0

Answer:

1. Identify The Problem

2. Analyze The Problem

3. Develop The Solutions

4. Implement A Solution

5. Evaluate The Results

6. Standardize The Solution

Explanation:

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Yates Co. uses the allowance method to account for bad debts. At the end of the period, Yate's unadjusted trial balance shows an
Sedbober [7]

Answer:

The bad debts would be debited with $5,000.

Explanation:

The bad debts under the allowance method is calculated by either as a percentage of accounts receivables or as a percentage of sales.

Percentage of Sales method:

In the percentage of sales method the allowance is calculated as below:

Allowance for doubtful debts = Sales * Percentage for doubtful debts

Allowance for doubtful debts = $500,000 * 1% = $5,000

Now always remember that this amount will be used only and their is no need to include the allowance for doubtful accounts balance.

Whereas on the other hand, in the percentage of accounts receivable method the allowances are included in the amount calculated.

The entry would be:

Dr Bad Debt Expense $5000

Cr Allowance for Doubtful Debts $5000

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3 years ago
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Answer:

E. Culture

Explanation:

From the question we are informed about an Insight Guides, which is a line of travel books, that provides travelers with background information about people's beliefs,values,and customs in various parts of the world.

In this case , the Insight's books educate travelers about a country's Culture.

Culture can be regarded as a way of life, it is associated to the belief, customs of a particular group in various places.

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3 years ago
Assuming technology and production techniques are fixed and cannot change, if beyond some point of production, a firm experience
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Answer:

law of diminishing marginal returns

Explanation:

Based on the information provided regarding this situation it seems that the firm is experiencing the law of diminishing marginal returns. This is basically stating that producing more units per output will sooner or later cost a lot more than the initial value, because inputs are being used less as well as less effectively.  This will continue to be so as production increases.

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4 years ago
When the Federal Reserve aska for more money to be printed, which of the
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Answer:

A. The federal Reserve

C. The U.S. Treasury

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When it(soybeans) are planted
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