1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Contact [7]
2 years ago
12

Different customer statement types are available to suit different client situations. Heather wants to help her client send out

a statement that reflects all unpaid invoices, unapplied payments, and Credit Memos. Which statement type should she choose?
a. Balance Forward
b. Open Item
c. Transaction Statemont
d. Client Open Balance
Business
1 answer:
motikmotik2 years ago
8 0

Answer: b. Open Item

Explanation:

The statement that Heather wants to help a client send out is to include unpaid invoices, unapplied payments, and Credit Memos which are essentially signs that the creditor has not been paid.

An open item statement would therefore work best because it is to include open accounts that are yet to be paid so will include all those entries described above.

You might be interested in
The forces in _________ collisions with another vehicle, tree or pillar are enormous as the momentum and built up energy are rel
Volgvan
A.) head-on. 
rear-ending cars are going the same direction as you, so they don't hit as hard.
trees aren't part of multi-vehicle crashes (hopefully)
3 0
3 years ago
Riggs Company purchases sails and produces sailboats. It currently produces 1,300 sailboats per year, operating at normal capaci
mr_godi [17]

Answer:

The president of Riggs has missed something.

She should make the Sail instead of buying because its cheaper to manufacture than purchasing it outside.

Explanation:

<u>Cost of Manufacturing the Sails:</u>

Direct materials        $93

Direct Labor              $83

Total                         $173

The president of Riggs has included the $90 overhead  based on $78,000 of annual fixed overhead that is allocated using normal capacity in the cost of manufacturing the sail which is incorrect.

Riggs Company is operating at 80 % of full capacity, hence utelizing the 20% excess capacity would not expand its fixed costs.

Thus said the current fixed cost are irrelevent for this decison and would be incurred whether or not Riggs Company utilizes the excess capacity

<u>Conclusion:</u>

The cost of making the sail is $173 which is lower than the cost of buying them at $ 258.

I would advise The president of Riggs to make the sail by utilizing the excess capacity since its cheaper than purchasing it outside.

5 0
3 years ago
Read 2 more answers
A dwelling with a replacement cost of $150,000 was insured under a Homeowners 3 policy for $105,000 at the time the roof was des
Mazyrski [523]

Answer: $13125

Explanation:

The amount that the insurer will pay to settle this loss will be calculated thus:

= Insured claim × Insurance value / 80% of replacement value

= 15000 × 105,000 /80% × 150000.

= 15000 × 105,000 / 120000

= 13125

Therefore, the insurer will pay $13125

3 0
3 years ago
True or false?
Sidana [21]

Answer:

The statement is: True.

Explanation:

If we have been given an assignment, it is important to set a schedule of activities to ensure that the final form of our work is delivered on or before the <em>due date</em>, if possible. In the way, there could be problems of various types -for example, technology when delivering a report- that could interrupt our work. Therefore, it is important to consider those risks while scheduling so that we have a contingency plan that will not impact our research and the date we will deliver it.

8 0
3 years ago
A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010
QveST [7]

Answer:

19%

Explanation:

Given that,

Nominal GDP in 2010 = $200 billion

Nominal GDP in 2009 = $180 billion

GDP deflator in 2010 = 125

GDP deflator in 2009 = 105

Percentage change in prices:

= Percentage change in GDP deflator

= (Change in GDP deflator ÷ GDP deflator in 2009) × 100

= [(125 - 105) ÷ 105] × 100

= (20 ÷ 105) × 100

= 0.19 × 100

= 19%

Therefore, the prices increases by 19%.

6 0
3 years ago
Other questions:
  • When peter metcalf describes black diamond's manufacturing facility in china as a "greenfield project, he means that . of all ma
    13·1 answer
  • Consider the following information regarding a person's decision to go to college college tuition is $20,000 per year, room and
    10·1 answer
  • Assume that the entry closing total revenues of $3,190,000 and total expenses of $2,350,000 has been made for the year. At the e
    5·1 answer
  • You are considering an investment in Justus Corporation's stock, which is expected to pay a dividend of $1.50 a share at the end
    10·1 answer
  • Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations: B(
    13·1 answer
  • Under the indirect method of preparing the statement of cash flows, how is an increase in accounts receivable handled?
    12·1 answer
  • The difference between representative money and fiat money is that?
    11·1 answer
  • The journal entry to transfer completed products from production to finished goods inventory includes which two of the following
    12·1 answer
  • Why drill should be performed in single beat?​
    10·1 answer
  • Is it good or bad to have lots of layers in a business<br> and why? What can be done?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!