Answer:
$4,140
Explanation:
Given the above information, we will compute the bad debt expense as;
Bad debt expense
= (Cash sales × 4% of accounts receivables) - Credit balance in allowance for doubtful accounts
= ($161,000 × 4%) - Credit balance in allowance for doubtful accounts
= $6,440 - $2,300
= $4,140
Therefore, the bad debt expense is $4,140
Answer:
- $140,000
Explanation:
The Cash flow to creditors = Interest paid - Net new borrowing
= Interest paid - (Ending Long term debt - Beginning Long term debt)
= $100,000 - ($1,700,000 - $1,460,000)
= $100,000 - $240,000
= - $140,000
Therefore, the cash flow to creditors is - $140,000.
Answer: a) an increase in the Equilibrium price of "regular" cars.
Explanation:
It is stated that the automobile companies use their inputs to make either the <em>hybrid cars</em> or the <em>regular cars</em>.
If the price of the <em>Hybrid cars</em> rises sharply, Automobile companies will make more <em>Hybrid cars</em> so as to take advantage of the situation and make more profit.
This would reduce the amount of inputs that they have available for <em>regular cars</em> and so they will make less <em>regular cars. </em>
As this supply of <em>regular cars</em> decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.
Answer:
E.cooperative
Explanation:
Based on the information provided within the question it seems that Stephanie Johns is most likely shopping in a cooperative store. This is a type of store that is owned and managed by the customers themselves, using their own capital for the business and at the same time share in the dividends provided. Which in this case are savings from lower food prices.
The Volvo of North America delivered automobile to the Siberian police force when Siberia had no cash to pay for them. It accepted by the payment in oil, which it then sold for cash to pay for media advertising in the U.S. example of <u>counter-trade</u>.
Answer: Option B
<u>Explanation:</u>
The word counter trade means it is an exchange goods or services which are paid for wholly or partly with other goods or services either than with money. However, counter trade used for accounting purposes. In this case counter trade deals between sovereign states.
