Answer:
The correct answer is letter "C": informal leader.
Explanation:
Informal leaders are individuals to whom people put their trust on because they provoke a strong influence within a group or because others see that individuals as examples to follow. However, informal leaders are not officially recognized. Most formalized leaders begin naturally being informal leaders until the collective will of subordinates place them in the position of power.
Answer:
The correct answer is letter "A": Uncollectible accounts are not anticipated or immaterial.
Explanation:
Direct write-off is a method used to record debts from credit sales. An allowance account is not used with this method but an account receivable directly written-off for the outstanding amount once it is determined to be uncollectible. This method is used for tax-reporting purposes.
List three services provided by a travel agent that benefit a business person who travels overseas frequently?
Familiarity with preferences for departure and return, seating is desirable and reliable
<u>Answer:
</u>
The given chart shows the link between interest in a product and the price a consumer pays.
<u>Explanation:
</u>
- The more the interest a person has in a product, the more willing he is to pay any demanded price for the product.
- On the other hand, if a person is not at all interested in a specific product, he would not buy it even if it is available at the cheapest price in the market.
Answer:
$357,500
Explanation:
Cash flow from operating activities on the statement of cash flows:
= Net income + Depreciation Expense - Increase in accounts receivable - Increase in inventory + Decrease in prepaid expense - Decrease in accounts payable
= $350,000 + $26,000 - $3,000 - $5,000 + $2,500 - $13,000
= $357,500
Therefore, the net cash flow from operating activities is $357,500.
