Answer:
Option A is correct
Firms have different costs.
Explanation:
Option A is correct
Long run supply curve is upward sloping or constant horizontal line depends on the industry whether it is variable cost industry (increasing production cost) or a constant cost industry respectively. Option A is correct because if firms have different production cost and it is increasing as the output is increasing then it is upward Sloping long-run supply curve.
Answer:
$4760
Explanation:
700 units at 6.80 value/unit
700 x 6.80
= 4760
Ngl I definitely think this is true :) if not then FRICKKKK I’m sooo sorry for getting it wrong
Answer:
Bad debt expense for 2016 should be: c. $8,520
Explanation:
As of December 31, 2016, Amy Jo's Appliances had accounts receivable of $313,000 and the allowance for uncollectible accounts should be 3% of accounts receivable
Bad debts are estimated: 3% x $313,000 = $9,390
Amy Jo's Appliances had $870 in the allowance for uncollectible accounts
Bad debts expense = $9,390 - $870 = $8,520
The entry will be made:
Debit Bad debts expense $8,520
Credit Allowance for uncollectible accounts $8,520
Review Unit for Children's Advertising was established by the Better Business Bureau to evaluate ads directed at children based on guidelines that encourage sensitivity to their level of sophistication and knowledge, as well as an emphasis on positive social traits such as friendship and kindness.
<u>Explanation:
</u>
In 1974, the US self regulatory organization was created by the National Advertising Review Board. The Children's Advertising Review Unit is an organization of the Council of Better Business Bureaus, basically has two missions:
- to protect kids from misleading or unwanted coverage across all channels and;
- CARU partners with companies in order they conform to all relevant legislation and the autonomous CARU standards which take account of the exceptionally impressive and disadvantaged children's audience, both marketing and data collection practices.
When advertising or data gathering practices are discovered to be ambiguous, improper or inconsistent with the CARU guidelines, CARU aims to change through voluntary participation between companies.
