<span>The best thing to do with data such as sales over the last year of the top 1000 customers would be to answer questions like:
1) what products sell the most: This would help the marketing department,for example on targeting what items to push.
2) what groups of people buy what product: Again this would be targeting who buys what. We may discover that males prefer product A and females prefer product B. Or young customers prefer different products that older. This would help marketing also on targeting sales.</span>
Answer:
d. there will be both a debit and a credit to accounts receivable.
Explanation:
Bad debt is defined as the portion of accounts receivable that is considered to be lost and is written off as a loss to the business within a given period.
When a bad debt is written off it impacts directly on the profit of the business.
If an account has been collected after previously being written off, there will be a credit to accounts receivable to show an increase in a recievable by the business.
Also there is a debit to accounts receivable to show that the recovered funds has been moved to profit or revenue account of the business.
Excel provides <u>Expenses</u> in categories such as financial management and budgets.
Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.
Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.
Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.
Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.
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Answer:
Equipment and notes payable
Explanation:
Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered
The journal entry would be
Equipment A/c Dr $10,000
To Notes payable $10,000
(Being the equipment is purchased by signing a note payable)
The correct option is (b) Protective tariffs
Protective tariffs aim to make imported goods more expensive while protecting domestic producers from overseas rivalry.
<h3 /><h3>What is protective tarrifs?</h3>
- An illustration of a protective tariff would be the US raising the customs charge on clothing imported from Britain so that it is significantly more expensive than clothing made domestically.
- The importing countries profit the most from tariffs since they design the policy and receive the cash.
- The main advantage of tariffs is that they generate income from imported products and services. Tariffs may also serve as a springboard for negotiations between two countries.
- Protective tariffs are designed to shield vital American industries from international competition, stop foreign manufacturers from dumping inexpensive goods in the US, or both.
Learn more about the Tarrifs with the help of the given link:
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I understand that the question you are looking for is "Which of these actions was an economic cause of increased tensions between the North and South?
(a) Dred Scott decision
(b) Protective tariffs
(c) Bleeding Kansas
(d) Lincoln’s election"
