3 years ago

Categories such as education and household size represent which of the following?

Business

1 answer:

tigry1 [53]3 years ago

4 0

B, it represents a demographic :p

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An agreement between two adults to pay $300 cash for a bicycle is an example of a contract that is

SIZIF [17.4K]

The answer is a valid contract. A valid contract occurs when both parties has expressed or had shown agreement when engaging to certain services or products as means of showing that they both have negotiate and came to an understanding of agreement with what they are pertaining to in which is shown above as the adults involved has an agreement of paying the bicycle that shows a valid contract.

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3 years ago

Teachers and guidance counselors may encourage male students to pursue careers in the sciences, but they steer equally talented

Ymorist [56]

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Financial statement data for two years for Townson Company are as follows: Year 2 Year 1 Sales $3,645,000 $4,250,000 Fixed asset

Serga [27]

Answer:

C) Townson's fixed asset turnover ratio has decreased between Year 1 and Year 2.

Explanation:

Year 2 Year 1

Sales $3,645,000 $4,250,000

Fixed assets:

Beginning of year 880,000 820,000

End of year 520,000 880,000

fixed asset turnover (FAT) ratio = net sales / average fixed assets

FAT ratio year 1 = $4,250,000 / [($820,000 + $880,000) / 2] = 5

FAT ratio year 2 = $3,645,000 / [($880,000 + $520,000) / 2] = 5.2

Townson's fixed asset turnover ratio increased between year 1 and year 2.

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3 years ago

According to GAAP, the amount of bad debt expense can be estimated by: A. Only the percent of sales method. B. Only the percent

yarga [219]

Answer:

E. Bad debt expense can be estimated by the percent of sales method, the percent of accounts receivable method, or by the aging of accounts receivable method.

Explanation:

The bad debt is an expense that is to be shown on the debit side of the income statement. It refers to the amount which is not collectible by the company due to partie bankruptcy

It can be estimated by the following methods using the Generally accepeted accounting principles (GAAP)

1. percent of accounts receivable method,

2. percent of sales method

3. the aging of accounts receivable method

Hence, the correct option is E.

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3 years ago

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andrew11 [14]

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