Answer:
C. $24,000
Explanation:
We assume that the company follows the percentage-of-sales method. In this method, the company ignored the previous balance of allowance for Doubtful Accounts
So, the amount of the adjusting entry to record the estimate of the uncollectible accounts would be
= Net credit sales × estimated percentage given
= $600,000 × 4%
= $24,000
All other information which is given is not relevant. Hence, ignored it
Answer:True,
Explanation:The question is As the u.S. Price level rises relative to price levels in other countries. What will happen in the U.S.?
The answer is that consumption and net exports would decline.
If a real estate agent tells a seller during a listing presentation that the firm's real estate commission is in line with those of other real estate firms in the area. the broker may be guilty of price-fixing.
<h3>What is price-fixing?</h3>
Price-fixing can be defined as the way in which business owners or competitors decide among themselves or agreed to increase or decrease the price of a product.
Anti-trust law stated that individual should be the one to fixed a price for their product which inturm means that brokers have to independently determine their own commission rates or fees for their own firms.
Therefore If a real estate agent tells a seller during a listing presentation that the firm's real estate commission is in line with those of other real estate firms in the area. the broker may be guilty of price-fixing
Learn more about Price-fixing here:brainly.com/question/24238269
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Answer:
E. factor income
Explanation:
Factor income is the return from the sale of factors of production, such as land, labor, and capital used in manufacturing and delivering the goods and services that businesses offer to consumers. Therefore, E is the correct answer.
The trade deficit is the difference between imports and export. So, "C" cannot be the choice.
The balance of international payments is the economic activity and transactions between the resident country and the rest of the world. So, it cannot be the answer.
Answer:
The answer is: B) It is a type of globalization that lies between total isolation and total globalization.
Explanation:
Semi-globalization is a term that tries to explain how the world is becoming one single market (globalization) but at the same time barriers still exist and are very significant in different markets.
A few years ago this term was used to describe situations that arouse in emerging markets, where governments were trying to protect internal markets while trying to export their goods to developed countries.
Now it has become more common for developed countries to try to set entry barriers for foreign products but at the same time expect other nations to receive their products freely. E.g. Trump's trade war with China or the Brexit.