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Sever21 [200]
3 years ago
13

Globalization is the process of

Business
1 answer:
Gwar [14]3 years ago
7 0

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

You might be interested in
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $354,000 and credit sa
Dmitry_Shevchenko [17]

Answer:

Dr Bad Debt Expense $12,760

Cr Allowance for Doubtful Accounts $12,760

Explanation:

Based on the information given the adjusting journal entry that Tanning Company will make if the Allowance for Doubtful Accounts has a credit balance of the amount of $1,400 before adjustment will be :

Dr Bad Debt Expense $12,760

Cr Allowance for Doubtful Accounts $12,760

[(4%*$354,000)-$1,400]

4 0
2 years ago
During October, Pharoah Company experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fu
pochemuha

Answer:

The entries are made as follows;

Explanation:

 Oct 1.  Petty Cash    Dr.147

            Cash              Cr.147

          Petty Cash (197-147)   Dr.$50

          Cash                            Cr.$50

  Supplies Expense Dr.$24.69

   Petty Cash            Cr.$24.69

Miscellaneous Expense      Dr.$14.99

Petty Cash                           Cr.$14.99

Postage Expense     Dr.$14.99

Petty Cash                Cr.$14.99

Freight Expense Dr.$5.39

Petty Cash          Cr.$5.39                                                                                                              

6 0
3 years ago
The economic term for the want-satisfying ability, or value, that organizations add to goods or services is
Lana71 [14]

The economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.

<h3>What is utility?</h3>

Utility refers to the amount of satisfaction a consumer derive from the consumption of certain commodities.

It is the importance or value added to a product or service that helps gives the consumer useful information about all products and services.

Hence, the economic term for the want-satisfying ability, or value, that organizations add to goods or services is utility.

Learn more about utility here : brainly.com/question/24848038

4 0
2 years ago
Hodgkiss mfg., inc., is currently operating at only 94 percent of fixed asset capacity. current sales are $740,000. how fast can
tangare [24]

Sales grow before any new fixed assets are needed is $156,480.

Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.

currently operating = 94 percent

current sales = $740,000

Full capacity sales = current sales/ Current capacity utilisation

                               = 500000/0.94

                               = $531,914.89

Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales

                                                                                 = 400000/531914.89

                                                                                 = 0.752

Total Fixed assets Needed for New Sales = 74000*0.752

                                                                      = 556480

Additional Fixed Assets needed = 556480 - 400000

                                                      = $156,480   answer.

Learn more about fixed assets here:-brainly.com/question/25746199

#SPJ4

7 0
1 year ago
The Eccleston Company has the following budgeted sales: January $40,000, February $60,000, and March $50,000. 40% of the sales a
zvonat [6]

Answer:

Total cash collection= $53,000

Explanation:

Giving the following information:

Sales:

February $60,000

March $50,000.

Cash:

40% of the sales are in cash.

Credit sales:

50% in the month of sale

50% in the next month

<u>Cash receipts March:</u>

Sales in cash March= (50,000*0.4)= 20,000

Sales on account March= (50,000*0.6)*0.5= 15,000

Sales on Account February= (60,000*0.6)*0.5= 18,000

Total cash collection= $53,000

8 0
3 years ago
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