Answer:
D) ($9000)
Explanation:
We calculate the potential advantage and disadvantage by comparing the profits from the two approaches
Approach 1, no processing
Profits = (13*9000) - 9600 = $107,400
Approach 2, with processing
Profits = (18*9000) - (9600 + 54000)
Profits = $98,400
Total disadvantage of additional processing is,
Disadvantage = 107400-98400
Disadvantage = $9000 or ($9000)
Hope that helps.
Some of the efforts of the United States are creating peace talks and pioneering treaties between the US and other countries. Also, their effort in the promotion of worldwide economic recovery is offering investments to other countries, without harming their own economy. Since the US Economy greatly affects the economic state of the world. These efforts were great but weren't enough to boost the peace and economy of the whole world.
Answer:
See below
Explanation:
Given the information above, first we need to compute ending balance of account receivables.
Ending balance of account receivables = Beginning balance + Credit sales - Customer's account collected - Write off amount
= $125,000 + $1,400,000 - $1,350,000 - $0
= $175,000
The year end balance in the allowance for uncollectible account would be
= $175,000 × 10%
= $17,500
Now, the bad debt expense
= Year end balance of allowance for uncollectible account - Beginning balance of allowance for doubtful accounts + Written off
= $17,500 - $15,000 + $0
= $2,500
Answer:
A. $146,200
Explanation:
Collection from October sales (60% of October sales) [14300 x 60%]$ 85,800.00
Collection from November sales (40% of November sales) [151000 x 40%] $
60,400.00
Total collection in November $ 146,200.00
Therefore The total amount of cash expected to be received from customers in November is: $ 146,200.00
Answer:
Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.
