Answer:
The correct option is B,$198,000
Explanation:
The balance in allowance for uncollectible accounts was standing at $18,000 and it was decided to write-off $16,000 off the this existing balance,which implies that the balance left in the allowance for uncollectible account to set off against accounts receivable is $2,000($18,000-$16,000).
Invariably,the net realizable value of accounts receivable is $198,000($200,000- $2,000).
The correct option hence is B, $198,000
Answer:
Here both the sugar free cookies and chocolates manufactured by Crunch line comes under their product line.
Explanation:
A Product line for a company can be defined as a group of similar type of products , which are all marketed and sold by a company under the same brand name. Sugar free cookies and chocolates comes under the product line of crunch lite , which produces various flavors of these products and company here is trying to distinguish these products from each other for the ease of use ability for customers.
Answer: being goal oriented
Explanation: A goal oriented individual may be referred to an individual with a strong aim and focus who will give his or her very best in other to achieve or attain his intended purpose or aim. A goal oriented individual will defy obstructions capable of hindering or standing in between her and her goal. Attaining one's desire or purpose requires very strong motivation which keeps one going in the face of tribulation or temptation and a strong organizational skill useful for attaining task specific needs at a specific time.
It should be stated right away that Venmo is not a medium of exchange in and of itself. It is nothing more than a digital payment platform. Money is still the medium of exchange.
Many retail stores don't accept Venmo as a medium of exchange because Outside of Venmo, your bank or card issuer has declined the transaction. The payment has triggered one of Venmo's automated security flags. Technical issues can range from a slow internet connection to bugs in the Venmo app. Networking issues are a common reason why a Venmo payment fails.
If your company has unusually high transaction volumes, your Venmo account may raise a red flag. Sudden bursts of activity may indicate fraudulent transactions, implying that hackers have taken over your account. Venmo may refuse payment processing until you speak with customer service and confirm the activity is legitimate. Besides Venmo there are many other digital payment platforms.
Learn more about digital payment platforms here:
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Answer:
Times of maximum fear is the best time to buy stocks, while times of maximum greed are the best time to sell.
Explanation:
<u>Behind the truism is the tendency of the markets to overshoot on both the downside and the upside. Part of the reason is a pure herd instinct that drives stock prices. The investor who takes an unbiased look at the market might be able to see the herd instinct at work and take advantage of the extreme ups and downs that it causes. That investor can buy low and sell high.</u>
<u>Unfortunately, it's easy to determine after the fact whether a price was too low or too high and even why. During the moment, it is monumentally difficult. Prices both affect and reflect the psychology and emotions of market participants.</u>
<u>For this reason, "buy low, sell high" can be challenging to implement consistently. Traders trying for a more objective view consider other factors to make a more informed decision. These factors include moving averages, the business cycle, and consumer sentiment.</u>