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3 years ago

Businesses that are owned and operated by people who live close to your community are know

Business

2 answers:

Jlenok [28]3 years ago

5 0

C. Local Businesses

Anarel [89]3 years ago

3 0

Answer:

Local business that is what they are called

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How would your life be different if the us economu was not based on the economic principles expressed in the bill of rights, the

olga_2 [115]

The economy of the United States is in many ways influenced by the principles that are found in the Bill of Rights, the Declaration of Independence and the Constitution. If this was not the case, many aspects of daily life would be different.

For example, the economy of the country rests on the idea that all people are equal. Because of this, all people are allowed to participate in the economy, establishing businesses and buying and selling things. This is an idea that is found in the Declaration of Independence. Another idea found in this document is that people have the right to the pursuit of happiness. Because of this, people are allowed to chase their dreams and to try to obtain money to fund these. Finally, the Constitution establishes that government has limits, and because of this, it cannot interfere in the economy or in markets in any way it wants. All of these characteristics ensure that the economy functions in a way that allows you and others to benefit from it and use it to build your future.

4 0

3 years ago

Chiller Company has credit sales of $5.60 million for year 2013. Chiller estimates that 1.32% of the credit sales will not be co

dsp73

Answer:

$59,045.80

Explanation:

The following information was missing:

Accounts Receivable total $1,565,170

Assuming the company uses the percent of accounts receivable method, what is the amount that Chiller will enter as the Bad Debt Expense in the December 31 adjusting journal entry?

total uncollectible debt = $1,565,170 x 4% = $62,606.80

since the account balance of the allowance for doubtful accounts is $3,561 (credit), the adjusting entry should be:

December 31, 2013, bad debt expense

Dr Bad debt expense (= $62,606.80 - $3,561) 59,045.80

Cr Allowance for doubtful accounts 59,045.80

7 0

3 years ago

At what point does an informal agreement become a binding

pashok25 [27]

Answer: When consideration is provided by one of the parties to the contract

Explanation:

Consideration must be given to make a contract legally binding.

7 0

1 year ago

A new accountant at Larkspur, Inc. is trying to identify which of the amounts shown below should be reported as the current asse

muminat

Answer:

Cash and cash equivalents = $20,217

Explanation:

Larkspur Company

Cash and Cash Equivalent

Transaction No. Particulars $

1. Petty Cash Fund 52

2. Treasury Bill 10,200

3. Deposit-In-Transit 255

Cash-in-Bank:

5. Checking account 3,360

6. Savings account 6,350

Total Cash & Cash Equivalent 20,217

Transaction #4. Since it did not post during April, therefore, it could not be a cash item.

Transaction #7. It is an expense.

Transaction #8. IOU is a receivable.

5 0

3 years ago

There are many type of negotiating approaches unions use. An example of one is when a union negotiates with a manufacturing comp

Ivenika [448]

Answer:

C. The trade off between wages and employment faced by the union.

Explanation:

The Union basically negotiates the pay a union worker will receive from the firm or organization. Unions use several techniques to increase the demand for labor and wages as well.

They push for minimum wage increase.
Increase the marginal productivity of workers.
Lobbying for stricter immigration rules. This limits growth in the labor supply, especially of low-skilled workers from outside the country.
They support restrictions on imported goods. This increases the demand for domestic production and domestic labor.

8 0

3 years ago