Answer:
28%
Explanation:
She is an RHIA, which requires 30 hours of continuing education every two-year cycle.
Hence, 8.5/30 = 28.3 =28%( to the nearest whole number).
Answer:
B. No effect on net income; no effect on total assets
Explanation:
When you write off bad debt, the journal entry is:
Dr Allowance for doubtful accounts XYZ
Cr Accounts receivable XYZ
This actually had no effect on the income statement, since the allowance account is already a contra asset account.
When the write off is reversed because the customer paid the debt, the journal entry is:
Dr Accounts receivable XYZ
Cr Allowance for doubtful accounts XYZ
Dr Cash XYZ
Cr Accounts receivable XYZ
Again, since the company is using the allowance method, there is no real effect on the income statement nor total assets in the balance sheet.
Answer:
93 units
Explanation:
Annual demand for an item = 11,000 units
cost per unit = $250
holding rate = 10%
Order cost = $14.00 per order
No. of days in a year = 260
Lead-time = 2 days
= 42.3 units
For a service level of 97%, the value of z is 1.881
Therefore,
Reorder point:
= Average daily demand × Lead time + Standard deviation of the daily demand × no. of standard deviation corresponding to service level probability × 
= (42.3 × 2) + (3 × 1.88 × 
)
= 92.57
= 93 units
Increasing opportunity costs of producing goods imply that the production possibilities curve will be bowed outward. In a recent Page One Economics: Money and Missed Opportunities, senior economic education specialist Andrea Caceres-Santamaria explains that opportunity cost is the value of the next-best alternative .
when a decision is made; it is what is forfeited. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs. A company owner wants to increase the number of production available. The potential worth of that money being spent somewhere else or saved for the future is known as the opportunity cost.
To learn more about opportunity cost, click here.
brainly.com/question/13036997
#SPJ4
Answer:
B. $489,600
Explanation:
The computation of thee gross profit is shown below:
= Net sales - Net cost of goods sold
where,
Net sales = Total sales - sales return
= $850,000 - $34,000
= $816,000
Net cost of goods sold = Cost of goods sold - merchandise return
= $340,000 - $13,600
= $326,400
Now put these values to the above formula
So, the value would be equal to
= $816,000 - $326,400
= $489,600
