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Marat540 [252]

The media richness most directly denotes to the number of helpful cues and abrupt feedback a medium provides or the data carrying capacity of a communication medium. In addition, the early computer-mediated communication theory named the media richness theory absorbed on categorizing each medium conferring to the difficulty of the messages it handles proficiently.

4 0

3 years ago

Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) $139,000 Allowance for doubtful acco

dezoksy [38]

Answer:

Prepare journal entries of sales, collections, write offs of accounts receivable, and reverse entries:

Date Account details and explanations Debit Credit

Accounts receivable 944,000

sales revenue 944,000

Allowance for doubtful accounts 5300

Accounts receivable 5300

Accounts receivable 1800

Allowance for doubtful accounts 1800

cash 1800

Accounts receivable 1800

Calculating the ending balance of accounts receivable and unadjusted ending balance of allowance for doubtful accounts:

particulars Amount ($)

beginning balance of accounts receivable 139,000

Add: Net credit sales 944,000

less : Collections 908,000

Write-offs 5,300

Add: Reinstated amount 1800

less: Collections 1800

Ending balance of accounts receivable 169700

particulars Amount ($)

beginning balance of doubtful accounts 11,370

less : Write-offs 5300

Add: Reinstated amount 1800

Ending balance of unadjusted balance 7870

allowance of doubtful accounts

Preparing journal entry to record bad debt

Date Account details and explanations Debit Credit

Bad debt expense ( 169700*8%) - 7870 12789

allowance of doubtful accounts 12789

7 0

3 years ago

SSG Cycles manufactures and distributes motorcycle parts and supplies. Employees are offered a variety of share-based compensati

Dmitry_Shevchenko [17]

1. The total compensation cost pertaining to the incentive stock option plan is $36 million.

2. & 3. The appropriate journal entries to record compensation expense on December 31, 2021, 2022, and 2023 are:

1. Total compensation expense

Total compensation expense=Total option× Fair value per option

Total compensation expense=$3×12 million

Total compensation expense= $36 million

2. SSG Cycles Journal entry

December 31, 2021

Debit Compensation expense $12 million

Credit Additional-paid in capital -Stock options $12 million

($36 million/3 years = $12 million per year)

(To record compensation expense)

December 31, 2022

Debit Compensation expense $12 million

Credit Additional-paid in capital -Stock options $12 million

($36 million/3 years = $12 million per year)

(To record compensation expense)

December 31, 2023

Debit Compensation expense $12 million

Credit Additional-paid in capital -Stock options $12 million

($36 million/3 years = $12 million per year)

(To record compensation expense)

3. May 11, 2025

Debit Cash $132 million

($11×12 million)

Debit Additional-paid in capital -Stock options $36 million

Credit Common stock $12 million

($1×12 million)

Credit Additional-paid in capital -excess par $156 million

($132 million+$36 million-$12 million)

(To record the exercise of stock option)

Learn more here:brainly.com/question/15053230

4 0

3 years ago

To differentiate its candy from that produced by other candy manufacturers, the manufacturer of Green & Black brand confecti

mestny [16]

Answer:

B. Unique selling proposition

Explanation:

The scenario which is been presented in the question is the example of "Unique selling proposition"

Because in "Unique selling proposition", the companies use a unique method to attract and convince the customers to buy and use the product of the particular company.

So, we can see that manufacturer of Green & Black brand confections uses unique method to attract and convince the customers to buy and use its product, the method is known as "Unique selling proposition".

8 0

3 years ago

Your client has been given a trust fund valued at $1.07 million. He cannot access the money until he turns 65 years old, which i

slega [8]

Answer:

285 Months

Explanation:

n = 30 years × 12 = 360

percent rate = 5.0 % divided by 12 = 0.417.

Now recalling the statement of time value for money,

We have future value = present value × ( 1 + rate) ∧ n

future value = 1, 070,000 × ( 1 + 0.417 ) ∧ 360

future value = 3.33065667 E 60

At age 65, the value 3.33065667 E 60 will be the present monthly withdrawal at $28,500.

present value of ordinary annuity, = annuity ( 1 - (1 + r) ∧ -n ÷ r

= 3.33065667 E 60 = 28500 (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

= 3.33065667 E 60 ÷ 28500 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

1.168651462 E 56 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

we now introduce logs to determine the value of n

Solving further, we discovered that n= 285.

Therefore, the number of months it will last one he start to withdraw the money is 285 month

6 0

3 years ago