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3 years ago

A pharmacist is part of the biotechnology research area. A. True B. False

Business

2 answers:

Vitek1552 [10]3 years ago

7 0

Answer:

True

Explanation:

The pharmacist works in the biotech field. Therefore this is true!

ivanzaharov [21]3 years ago

6 0

The correct answer is True. I hope this helps.

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When the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves

Evgen [1.6K]

Answer:

debit to the Allowance account.

Explanation:

GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.

According to the Generally Accepted Accounting Principles (GAAP), when the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a debit to the allowance account.

3 0

3 years ago

Theresa Teutul was an executive with Digital Industries, a leading manufacturer of color televisions. She recognized that the co

vladimir1956 [14]

Answer:

The options for this question are the following:

a. Star

b. Cash Cow

c. Question Mark

d. Dog

e. None of these

The correct answer is b. Cash Cow .

Explanation:

The cash cow is a metaphor for a cash cow that produces milk throughout its life and requires little maintenance. A cash cow is an example of a cash cow, since after the initial capital outlay has been paid, the cow continues to produce milk for many years. These cash generators can also use their money to repurchase shares in the market or pay dividends to shareholders.

A cash cow is a company or business unit in a mature, slow-growing industry. Milk cows have a large market share and require little investment. For example, Apple (NASDAQ: AAPL) is considered a cash cow because it has established a well-defined niche in wireless gadgets. The different Apple product lines generate cash for other business lines at the beginning of their life cycle. On the contrary, a star is a company or business unit that operates in a high-growth industry. Question marks are the problematic son of the BCG shared growth matrix. They operate in high-growth markets and require capital to grow, but the probability of success is unknown. Dogs do not require much cash, but due to age, they tend to absorb large portions of capital.

6 0

4 years ago

Wilton, Inc. had net sales in 2017 of $1,400,000. At December 31, 2017, before adjusting entries, the balances in selected accou

Sergeeva-Olga [200]

Answer:

See explanation section.

Explanation:

December 31, 2017

Bad debt expense Debit = $17,600

Allowance for Doubtful Account Credit = $17,600

To record the bad debt expense

Calculation: Bad debt expense = $250,000 × 8% = $20,000. However, we cannot take this amount because Allowance for Doubtful Account is a positive contra entry, which has a $2,400 credit balance. Therefore, we have to deduct $2,400 from $20,000 to get the actual bad debt expense.

5 0

3 years ago

Which of the following is not an example of a SMART long-term education or

valkas [14]

Answer:

The last one

Explanation:

A SMART goal always start with 'I will', this one starts with 'I want'

5 0

3 years ago

An indium-gallium-arsenide-nitrogen alloy developed at Sandia National Laboratory is said to have potential uses in electricity-

IceJOKER [234]

Answer:

Rate of return 9.1864%

Explanation:

Scenario description:

using the new alloy, will extend the life of a telecommunication satellite thus, more years for the porject life.

We need to calcualte the rate at which the extra revenues in years 11 through 15 equalize the extra cost of 870,000 at F0

each extra revenue will be considered a lump sum, we will add them and check the present value.

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 450,000 500,000 550,000 600,000 650,000

time 11.00 12.00 13.00 14.00 15.00

rate : ??

As this is a complex equation the human way to solve this is with trial an error.

Also, we could solve this with a financial calcualtor or excel.

We are going to use the latter.

you will do as follow:

from A1 to A5 write the maturity values

from B1 to B5 write the time

on c1 write 0.1 this will be the first rate we will build the formulas and then, excel will solve for the answer:

on D1 you will write:

=A1/power(1+$C$1,B1)

Thisformula calculates the presnet value of the additional revenues

then drag this up to D5

on D6 =sum(D1:D5) this add them

Then select d6 goo to goal seek and define it as 870,000 changing the cell C1

This will give you: 0.091863796 = 9.1864% this is the rate ofr eturn for impelenting the alloy

8 0

3 years ago