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Aleonysh [2.5K]

2 years ago

10

Lisa wants to take Saturday off to attend her niece's birthday party. To attend the party, she must miss a 4 hour shift at work

where she makes $15 per hour. What is Lisa's opportunity cost of attending the party

1 answer:

IgorC [24]2 years ago

7 0

Answer:

$60

Explanation:

To go to her niece's birthday party, she is giving up that $60 she could have made by working.

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At the end of the year, Dahir Incorporated’s balance of Allowance for Uncollectible Accounts is $2,400 (credit) before adjustmen

mafiozo [28]

Answer:

The adjustment Dahir would record for Allowance for Uncollectible Accounts:

Debit Bad debts expense $9,600

Credit Allowance for Doubtful Accounts $9,600

Explanation:

At the end of the year, before adjustment, Dahir Incorporated’s balance of Allowance for Uncollectible Accounts is $2,400 (credit).

The company estimates uncollectible accounts to be $12,000

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The adjustment to record Allowance for Uncollectible Accounts:

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3 years ago

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Eddi Din [679]

<u>Answer:</u> Option B

<u>Explanation:</u>

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3 years ago

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I would recommend a savings account

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3 years ago

Suppose Congress is considering raising the top federal marginal tax rate from 35% to 40%. Senator Jones believes the elasticity

KIM [24]

Answer:

Explanation:

Solution-

According to Senator Jones, the elasticity of taxable income is larger, which means that due to a certain percentage rise in taxes, the taxable income rises by a greater percentage. Also, according to Senator Smith, the elasticity of taxable income is small, which means that due to a certain percentage rise in taxes, the taxable income rises by a smaller percentage.

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3 years ago

A useful way of standardizing financial statements is to choose a _______ year and then express each item relative to that amoun

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A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.

Below, this is further discussed.

<h3>Financial statements: What are they?</h3>

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