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3 years ago

100 POINTS

Business

2 answers:

Alex17521 [72]3 years ago

8 0

ITS C HAVE A NICE DAY Answer:

Explanation:

Natasha_Volkova [10]3 years ago

7 0

Answer:

i believe its C

HOPE ITS RIGHT!

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The balance in Accounts Receivable at the beginning of the year amounted to $2,720. During the year, $9,120 of credit sales were

Novosadov [1.4K]

Answer:

$9340

Explanation:

The amount of cash received from customers to be shown under operating activities is computed using the below formula:

Cash from customers=credit sales+decrease in accounts receivable-uncollectible accounts expense

credit sales=$9,120

decrease in accounts receivable=$2,720-$1,760=$960

uncollectible accounts expense=$740

cash received from customers=$9,120+$960-$740

cash received from customers=$9340

7 0

3 years ago

_____________A measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. It co

Fantom [35]

Answer:

consumption utility

Explanation:

Consumption utility is a measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. Consumption means using up of utilities. For example – when we take a glass of water to quench our thirst, we are said to consume water. Whenever we make use of any commodity or service for the satisfaction of our wants, the act is called consumption. Therefore, by consumption we mean the satisfaction of our wants by the use of commodities and services. Economic analysis of household behavior is based on the assumption that people seek the highest level of utility or satisfaction. Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility. The utility-maximizing choice on a consumption budget constraint can be found in several ways .

8 0

4 years ago

In a process costing system, the application of factory overhead usually would be recorded as an increase in: (CPA adapted) A. F

otez555 [7]

Answer: Factory overhead control

Explanation: Factory overhead is the account where the amount of cost incurred while manufacturing a product is recorded and no direct labour or material is recorded. When the manufactured goods are finished and produced they are recorded as expenses when the goods are sold as manufactured finished products.

All the expenses related to the factory are included in this account such as rent, utility, electricity, supplies, tools. Factory overhead is known as manufacturing burden or expenses.

7 0

4 years ago

Which of the following is involved in a situation in which a person refuses to perform according to a contract unless the other

nika2105 [10]

Answer:

D. Economic duress

Explanation:

Economic duress -

It refers to the condition in the contract, where the first party threatens to cancel the deal, as the other party does not agrees to the demand of the first party, is referred to as economic duress.

The condition arises in case of any major feud between the two parties, where one of the party is left with no choice, but to follow the other party.

It is a type of forceful situation.

Hence, from the given scenario of the question,

Economic duress is showcased in the question, as one party threatens to cancel the contract, unless and until the second party agrees to all the conditions.

7 0

3 years ago

"Oriole Company increased its investments in marketable securities by $329,370 and paid $1,211,231 for new fixed assets during 2

aksik [14]

Answer:

the net cash used in long term investing activities is $1,192,599.

the net cash provided by the company’s financing activities is $81,354.

Explanation:

Prepare the following sections of the Cash Flow Statement

<u>Cash flow from Investing Activities</u>

Increase in investments in marketable securities ($329,370)

Purchase of new Fixed Assets ($1,211,231)

Proceeds from sale of fixed assets $348,002

Net Cash from Investing Activities ($1,192,599)

<u>Cash flow from Financing Activities</u>

Repayment of long-term debt ($773,200)

New debt capital raised $913,555

Repurchase of stock ($59,001)

Net Cash from Financing Activities $81,354

8 0

4 years ago