Answer:
On the basis of given information, I'll increase my production of nails.
Explanation:
The reason for increase in production of nails are as follow:
- The fact that overall market supply of nails will decrease by 2 % due to exit by the foreign competitors that means my competition will decrease and it will increase the market share for me.
- The fact that the overall demand of nails will increase by 2 % means that now I can increase my production in order to meet the supply and demand gap.
These two facts show that it is good opportunity to increase the production as the demand has increased and competition has decreased.
<span>It should be laid out like this example:(November 10, 2015)</span>
Answer:
c) credit to Accounts Receivable - ZRT.
f) debit to Allowance for Doubtful Accounts.
Explanation:
As for the information provided,
We know in allowance method, provision is created as and when there are doubtful debts, for which entry is
Bad Debts Expense Account Dr.
To Allowance for doubtful debts.
And when the bad debts are actually written off then,
The entry will reduce the balance of accounts receivables and that of allowance as well.
Entry will be:
Allowance for Doubtful debts A/c Dr.
To Accounts Receivables.
Thus, correct options shall be:
Option c) and f)
Answer:
inaccessibility exception
Explanation:
https://quizlet.com/205638479/b-law-ch-32-flash-cards/
Answer:
D. $28
Explanation:
Given the following data;
Cost price = $20
Markup = 40%
To find the selling price;
Markup price = 40/100 * 20
Markup price = 800/100
Markup price = $8
Next, we would add the markup to the cost price;
Selling price = markup price + cost price
Selling price = 8 + 20
Selling price = $28
Therefore, the price of each pair of jeans is $28.
