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3 years ago

When the excess capacity of business expands unintentionally, aggregate: demand will increase supply will decrease?

1 answer:

6 0

Fall in business taxes shifts supply curve to the right since business supply move with less taxes. Also Fall in business taxes increases after tax profit on investment. So aggregate demand shifts right. Hence, it increases aggregate demand and increases aggregate supply also.

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An alternative name for Bad Debt Expense is A. Collection Expense.B. Credit Loss Expense.C. Uncollectible Accounts Expense.D. De

PIT_PIT [208]

Answer:

An alternative is also known as Uncollectible accounts expense

Explanation:

A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.

Bad debt expenses are generally classified as a sales and general administrative expense and are found on the income statement. Recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.

Bad debt expense is also known as Uncollectible accounts expense

6 0

3 years ago

A __________ is a written document that details the business idea, the target market and the business's competitive advantage, f

Alina [70]

Answer:

business plan

Explanation:

A business plan is a written document that details the business idea, the target market and the business's competitive advantage, financial resources available for the business, and the qualification of the management.

7 0

3 years ago

Jewel Service anticipates the following sales revenue over a five-month period: The company's sales are 40% cash and 60% credit.

givi [52]

Answer:

I looked up the missing information, hopefully it's the same as your question. If not you can adjust the answer.

Its collection history indicates that credit sales are collected as follows:

25% in the month of the sale
50% in the month after the sale
15% two months after the sale
10% are never collected

sales revenue:

November $16,100
December $10,400
January $15,600
February $12,400
March $14,400

Jewel Services

Cash Collections budget

For the months of January, February, and March

cash collected from sales January February March Quarter

from November sales $2,415 $2,415

from December sales $5,200 $1,560 $6,760

from January sales $3,900 $7,800 $2,340 $14,040

from February sales $3,100 $6,200 $9,300

from March sales $3,600 $3,600

Total $11,515 $12,460 $12,140 $36,115

6 0

3 years ago

Presented below is information related to Splish Company. Cost Retail Beginning inventory $362,797 $286,000 Purchases 1,370,000

KiRa [710]

Answer:

$200,455

Explanation:

For calculating the inventory by the conventional retail inventory method. we required to do the following computations which are shown below:

Using cost method

Goods available for sale:

= Beginning inventory + Purchases

= $362,797 + $1,370,000

= $1,732,797

Using retail method

Goods available for sale:

= Beginning inventory + Purchases + Net markups - Net markdowns

= $286,000 + $2,145,000 + $80,300 - $27,800

= $2,483,500

Now

Cost to retail ratio = $1,732,797 ÷ ($286,000 + $2,145,000 + $80,300)

= $1,732,797 ÷ $2,511,300

= 0.69

Now

Estimated ending inventory at retail

= Goods available for sale under Retail method - Sales revenue

= $2,483,500 - $2,193,000

= $290,500

So,

Estimated ending inventory at cost:

= Estimated ending inventory at retail × Cost to retail ratio

= $290,500 × 0.69

= $200,455

5 0

3 years ago

The belief that capital punishment is now unconstitutional because society has changed is an example of what doctrine? A. Evolvi

Tasya [4]

A. Evolving standard??

7 0

3 years ago