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Tanzania [10]
2 years ago
14

Which of the following is the lowest priority of claims in bankruptcy?

Business
2 answers:
Lubov Fominskaja [6]2 years ago
4 0

Answer:

( B ) <u>Mortgage</u><u> </u><u>on</u><u> </u><u>principal</u><u> </u><u>residence</u>

schepotkina [342]2 years ago
3 0

Answer: A

Explanation:

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management must be applied according to the needs of the organization. This implies that management is .....​
uysha [10]

Answer:

Explanation:

Management is the coordination and management of tasks to achieve a goal. Such management activities include setting the organization's strategy and coordinating employees' efforts to achieve these goals using available resources. Management can also refer to the seniority structure of employees in the organization.

4 0
3 years ago
Edmonco Company produced and sold 45,000 units of a single product last year, with the following results: Sales Revenue $ 1,350,
tiny-mole [99]

Answer:

75%

Explanation:

The computation of the percentage increase in income before income taxes is shown below:

Particulars             Current $             Increase at 15%         Revised $

Sales revenue      1350000                    202500                     1552500

Less: Variable cost    

Variable manufacturing 585000                 87750                  672750

Variable selling              40500                   6075                    46575

variable Admin              184500                   27675                  212175

Total variable cost         810000                  121500                931500

Contribution                   540000                  81000                  621000

Less: Fixed cost    

Manufacturing                  270000                       0                  270000

Selling                               54000                         0                  54000

Admin                              108000                         0                 108000

Net income                      108000                     81000               189000

Now percentage increase in income is

= (81000 ÷ 108000)

= 75%

5 0
3 years ago
At year-end (December 31), Chan Company estimates its bad debts as 0.80% of its annual credit sales of $654,000. Chan records it
allsm [11]

Answer and Explanation:

The journal entries are shown below:

On December 31

Bad debt expense Dr  $5,232      ($654,000 × 0.80%)

      To Allowance for doubtful debts  $5,232

(To record the bad debt expense)  

On Feb 01

Allowance for doubtful debts Dr $327

     To Account receivable $327

(To record the uncollectible amount)

On June 5

Account receivable $327

         To Allowance for doubtful debts Dr $327

 (To record the uncollectible amount)

On June 5

Cash Dr $327

  To Account receivable $327

(To record the cash received)

7 0
2 years ago
carlos' firm manufactures custom-made furniture that is sold through various furniture retailers. carlos sources the wood he nee
Papessa [141]

Carlos sources the wood he needs from various lumber manufacturers and uses a distributor to get his products to the retail stores for sale. the suppliers of the wood, the distributor, and the retail stores are all part of a <u>Supply channel</u>

  • Supply chain management, in the context of commerce, is the control of the movement of products and services between establishments. This can involve the transportation and storage of raw materials, inventories for commodities still being produced, finished goods, and the complete fulfillment of orders from the point of production to the point of consumption.
<h3><u>What are the supply lines?</u></h3>
  • When seeking for the finest means to sell their products, a corporation can pick from four primary distribution channels. Direct sales, wholesale, brokerage, and dual distribution are available options. Choose your supply chain distribution partners wisely for best practices.

to learn more about supply chain, Click the links.

brainly.com/question/14301893

brainly.com/question/14089766

#SPJ4

8 0
1 year ago
Funeral services, encyclopedias, fire extinguishers and reference books fall into this product classification: A. Homogeneous Pr
alina1380 [7]

Answer: Unsought products.

Explanation:

Unsought products are products that consumers rarely purchase, either due to lack of awareness about the product or lack of regular usage of those products. The unsought products includes; encyclopedias, cemetery space, reference books etc.

6 0
3 years ago
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