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fredd [130]
3 years ago
9

During 2021, Oriole Company, which uses the allowance method of accounting for doubtful accounts, recorded bad debt expense of $

52000 and in addition it wrote off, as uncollectible, accounts receivable of $9300. As a result of these transactions, net cash flows from operating activities would be calculated (indirect method) by adjusting net income with a:________
Business
1 answer:
schepotkina [342]3 years ago
3 0

Answer:

$52,000 Increase

Explanation:

In the cash flow from operating activities only those transactions are listed which involves actual exchange of cash. When a company writes off some of account receivable it has not recorded as bad debt expense. When the company is confirmed about the uncollectible amounts then the company will write off the uncollectible amounts. These will be then adjusted in the net income to calculate net cash flow from operating activities.

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Based on the circular flow of business, what are two ways that households impact the economy? A) They provide wages and products
bonufazy [111]

Answer:

D. They provide the four factors of production and spend money on the product market.

Explanation:

In circular flow of business, all the players namely; household, government agencies, firms and others in an economy have an important role to play.

The level of a nation's employment status, price level and income are determined as a result of various interactions among firms/businesses, household and government agencies.

When a unit spends money, it becomes the income of another unit. Household goes to market with their monies to buy goods and services, while firms goes to the factor market to buy the resources, which are owned by the household, to produce the goods and services.

As for the government agencies, they collect taxes on the goods and services produced and on income(both household and firms) . Government also buys goods and services inorder to produce specialize goods.

Through these interactions, money and business changes hands from the household to the firm and then to government. It goes back to the household and the list goes on and on.

7 0
4 years ago
The marketing manager's controllable factors that can be used to solve a marketing problem is known as the ______.
Ymorist [56]

Answer:marketing mix

Explanation:

6 0
2 years ago
Which is not one of the pressing issues facing the future of delinquency prevention?
jeka57 [31]
<span>The long delays before childhood intervention programs showing a reduction of delinquency is not one of the issues. Ethical concerns over early intervention, the stigmatization that occurs when labeling children and families "delinquent," and the ease at which these programs have expanded are all issues that have taken place in the recent past.</span>
3 0
3 years ago
Sperberg Corporation's operating leverage is 5.2. If the company's sales increase by 10%, its net operating income should increa
Dominik [7]

Answer:

net operating income that is increase by 52%

Explanation:

given data

operating leverage = 5.2

sales increase = 10%

solution

we get here net operating income that is increase by as

percentage of increase net operating income = operating leverage × sales increase     .............................1

put here value we get

percentage of increase net operating income = 5.2 × 10%    

percentage of increase net operating income = 52%

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3 years ago
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Pani-rosa [81]

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Since Desktop Computer Company would like to calculate their cash conversion cycle, the factors included in computing this metric are:

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  • days' sales in inventory.

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1 year ago
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