If the credit balance of the Allowance for Doubtful Accounts account exceeds the amount of a bad debt being written off, the entry to record the write-off against the allowance account results in: Group of answer choices
Answer:
d.No effect on the expenses of the current period.
Explanation:
In the case when the credit balance of the allowance for doubtful debt more than the bad debt amount i.e. written off
So the entry for writing off against the allowance would result in no effect on the expense for the present period
As the bad debt expense is debited and the allowance for doubtful debt would be credited therefore the option d is correct
Seedstock producers are cow/calf producers who produce _________ for purebred or commercial operations.
Answer:
Breeding stock.
Explanation:
Seedstock producers are cow/calf producers who produce breeding stock for purebred or commercial operations.
This ultimately implies that, seedstock producers are individuals who are saddled with the responsibility producing cow/calf by making the breeding stock available for other livestock farmers. Thus, the breeding stock are the primary calves that are used for producing cattles in large quantities.
If real GDP is $150 billion, full employment GDP is $600 billion, and the marginal propensity to consume is 0.8, then Congress should
Answer:
increase government spending by $90 billion
Explanation:
in order to reach full employment GDP level, the government should increase its spending by $90 billion. Total GDP increase = increase in government spending / government multiplier = $90 billion / (1 - 0.8) = $90 billion / 5 = $450 billion.
GDP will increase from $150 billion + $450 billion = $600 billion
Which of the following is a employer-sponsored retirement plan that allows
employees to set aside money for retirement, where the individual pays taxes
on money contributed but not on the money withdrawn?
Answer:
roth 401K
Explanation:
a.p.e.x.
Roth 401(k) - this exists an employer-sponsored retirement plan that permits employees to set aside money for retirement, where the person pays taxes.
What is retirement?Retirement exists as the withdrawal from one's position or profession or one's active working life. It exists a time when an individual that has been actively engaged in the workforce ceases to work for the rest of his/her life due to progressive age. Many organizations have a specified age at which employees retire. Retirement directs to the time of life when one chooses to always leave the workforce behind. The traditional retirement age stands at 65 in the United States and most other developed countries.
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What are three ways you can make your reference’s job easy?
Answer:
1: Just ask. Before you start your job search, think of three to six people with whom you worked closely and who saw you at your best.
2: Get it in writing. This can be more valuable than just a name, title, and contact information.
3: Look to LinkedIn
Explanation:
LinkedIn Is free and It's just a website to where you could look for things like jobs or something!
Which situation best illustrates the role of households in the circular flow of
goods?
A. A runner buys a new pair of athletic shoes.
B. A website sells cheap books and magazines.
C. A factory produces screws used to build furniture.
O D. A company designs websites for big businesses.
A runner buys a new pair of athletic shoes best illustrates the role of households in the circular flow of goods. Thus, option A is correct.
What is circular flow of goods?The circular flow is the continuous movement of revenue, expenditure, and the production of products and services in an economy.
It demonstrates the circular redistribution of revenue between the producing unit and households. They include entrepreneurship, labor, capital, and land. Rent is the fee received in exchange for the fixed natural resource( also known as land)contribution. Wage is the comprehension received for the contributions made by human worker. Interest is the compensation received for the capital contribution. Profit is the reward for the contribution produce by the enterprise.
Therefore, we can conclude that option A is correct.
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How can you avoid spending more than what is in your bank account?
1. Check your bank statement once a month.
2. Ask your financial institution to notify you when you are close to $0 in your account.
3. Keep your own records to compare with your financial institution's records.
4. None of the above
What is a credit limit and what is it's purpose?
Answer:
What is a credit limit?
A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit.
what is the purpose of a credit limit?
Credit limits determine how much you can spend using your credit cards and serve as a way for lenders to limit the risk of lending money. Having high credit limits can be a good thing, because it gives you the flexibility to spend money when you need to and it may help you maintain good credit scores.
Explanation:
What is likely to happen if the price of a product goes up?
A.
The supply is likely to increase.
B.
The supply is likely to decrease.
C.
The demand is likely to cause scarcity.
D.
The demand is likely to increase.
Answer:
A. The supply is likely to increase.
Explanation:
When a product's price goes up less people are going to buy that product. As a result the supply of that product increases because there are less people consuming it.
Brainliest would be greatly appreciated!
Compare and contrast the principal characteristics of a market economy with those of a command economy
Answer: Market economy utilizes private ownership as means of production, while in a command economy, governments own the factors of production such as capital, land and resources.
Explanation:
Market economy; is an economic system where decisions regarding investment, production and distribution are controlled by the price signals created by forces of supply and demand.
Demand economy; is an economic system where the consumers desire to buy goods and services and their willingness to pay a particular price for them. An increase in the process of a good or service will decrease the quantity demanded
Market economy utilizes private ownership as means of production, while in a command economy, governments own the factors of production such as capital, land and resources.
A flower shop uses software to execute transactions that is ten-years old. It is often slow and ineffective. What type of influence is affecting this business?
external
economic
governmental
internal
Answer:
Internal
Explanation:
The problem is the flower shop’s software. The flower shop needs to update or buy a different up-to-date software like ASAP.
Unrealized holding gains or losses which are recognized in income are from debt securities classified as
Answer:
Trading.
Explanation:
In Business management, when a gain or loss is realized, it simply means that the owner of stock or other securities has sold it. Thus, these unrealized gains or losses are generally referred to as paper profits or losses.
Basically, when the value of a stock being bought by an investor reduces (falls) while he or she is yet to sell it, it is known as an unrealized loss.
However, when the value of a stock being bought by an investor rises (increases) while he or she is yet to sell it, it is known as an unrealized gains.
Hence, unrealized holding gains or losses which are recognized in income are from debt securities classified as trading.
Simple Interest Formula: I = PxRxT-Solve for Principal (P) if I=$525;
R=20%; and T=180 days (180/360). *
$525
$52.50
$5250
O $18,900
の
Answer:
$52.50
Explanation:
The formula for simple interest is
I= p x r x t, where
I = interest,
p= principal ; $525
r = interest rate ; 20% or 0.2
t =time in years: 180 days, in years = 180/360 = 0.5 years
I = $525 x 0.2 x 0.5
I =$105 x 0.5
i =$ 52.5
Interest = $52.50
In a group of five individuals, two report annual incomes of $10,000, and the other three report incomes of $14,000, $15,000, and $31,000, respectively. The mode of this group's distribution of annual incomes is
Answer:
$10,000
Explanation:
The computation of the mode of the group distribution is as follows:
Given that
Tow report annual incomes is $10,000
And, the other three report incomes are $14,000, $15,000 and $31,000
Based on the above information, the mode is $10,000 as the mode is the measure of the central tendency where the value is appear many times or in frequent times
Hence, the $10,000 is the answer
Which statement describes the effect of taxes on a traditional 401(k) retirement account?
A.
A traditional 401(k) is tax exempt because the income earned isn't taxed until the money is withdrawn.
B.
A traditional 401(k) is a taxable account because the income earned is taxed when it is contributed.
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
D.
A traditional 401(k) is tax exempt because the income earned is never taxed.
Answer:
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
Explanation:
There are two types of 401 k plans: traditional 401k and Roth 401k plans. The difference is the way there are taxed.
The traditional 401k plan is an employer-sponsored retirement scheme. The employer withholds the employee contributions and remits the funds to the employee's 401k savings account. The amount deducted as the employee contribution is not subject to taxation at that point. Contributions to 401k plans reduce the employee's taxable income.
The amounts saved in a 401k plan are invested and generate income. Employees are not expected to pay taxes on the income generated every financial period. All taxes are deferred until the time of withdrawal.
Answer:
C. A traditional 401(k) is tax deferred because the income earned isn’t taxed until the money is withdrawn.
Explanation:
PLATO
Steve receives a $1.50 raise from $8.25 and also insurance benefits. If he works 43 hours in week one and 30 hours in week two, and his total
deductions arer $375.00, what is his GROSS PAY and NET PAY?
Answer:
GROSS PAY: $711.75
NET PAY:$336.75
Explanation:
Total hourly pay $9.75 x hours worked (73) = gross pay
Gross pay - deductions = netpay
A high value for which of the following signals that an operations manager is excelling? A. utilization B. net present value C. effective capacity D. efficiency
Answer:
D. efficiency
Explanation:
An operations manager is the professional responsible for managing, controlling and coordinating an organization's production.
So a sign of high value that attests that the operations manager is standing out is efficiency, which is the manager's ability to perform his competencies using resources correctly, at the lowest price and time, in the highest quality, avoiding waste, monitoring and controlling work and always seeking to manage organizational production in order to correct errors, encourage successes and promote continuous improvement in processes.
______art and inventions like paper still influence the world today
Answer:
Han Dynasty
Explanation:
Han Dynasty art is an art that originated from China.
Han Dynasty art refers to a type of artwork that comprises of lacquerware productions, paintings on paper, jade carving, calligraphy, and silk weaving using materials such as stones, glazed and unglazed ceramics, bronze, wood, jade, etc. to create beautiful art piece.
Han Dynasty art and inventions like paper still influence the world today because they are widely accepted and beautiful.
Michael Bronner made a killing in the direct marketing business as the cofounder and CEO of Bronner Slosberg Humphrey, a wildly successful direct-marketing firm. His newest venture, Upromise Inc., enlists some of America's largest corporations to help families pay for college and is extremely successful. The 40-year-old Bronner will more than likely start at least one more new company before he retires because Bonner is a(n):
Answer: Multipreneur
Explanation:
Multipreneur are entrepreneurs with more than one business or businesses they are handling within the same period of time. Micheal Bronner is more likely to start another company same as the others he has started and ran successfully based on he is a Multipreneur.
what is barry’s and melissas gross earnings ?
Answer:
Barry earns $315.00
Melisa earns $120.00
Explanation:
Barry earns $9 per hour.
He works for 35 hours this week.
Gross income will be
=number of hours worked x hourly pay
=35 x $9
=$315
Barry earns $315
Melisa earns a 5% on sales
Sales for last week were $2400
Her earnings will be
=5% of $2400
=5/100 x 2400
=0.05 x 2400
=$120.00
Melisa earns $120.00
HEEELLLLPPPP!!!!!!!!!!!!!!!!!!!!!
Answer:
W-2, 1099, 1040, I-9, W-4
Explanation:
Pls help me with this
Answer:
i agree with your answer
Explanation:
follow your heart
Assume that by continuing your education, you increased your yearly
earning potential from $21,484 to $39,746. If the additional education
costs $36,000, in about how many years will it pay for itself?
Answer:
2 years
Explanation:
The increase in yearly earnings is
= $39,746 - $21,484
=$18,262
Every year, extra earning is $18,262
the cost of education is $36,000
It will take =$36,000/$18,262 years to repay
=1.971 years
=2 years
Question: By continuing my education I increased my earning potential from $21,484 to $39,746 a year. That's a difference of $18262 a year.
Answer: 1 year
Who might request your credit report besides you? Why?
Answer: See explanation
Explanation:
Credit report and history are used to know ones creditworthiness. Apart from the individual who owns the account, it can also be requested by creditors or lenders such as mortgage lenders so that they can know if one is eligible and creditworthy for a loan. Creditors review ones credit report when loans are applied for.
What are benefits of using OneDrive to store presentations? Check all that apply. It has syncing capabilities. It is affordable for most users. It can be accessed anywhere. It is easy to use and navigate. It has great search capabilities.
Answer:
A, C, D, E
Explanation:
edge
From the list of character traits, select five traits that you believe are essential when searching for a job.
Alertness
Attentiveness
Availability
Cautiousness
Compassion
Contentment
Cooperation
Courage (Boldness)
Creativity
Decisiveness
Deference
Dependability
Determination
Diligence
Discernment
Discipline (Self-Control)
Discretion
Endurance
Enthusiasm
Faith
Flexibility
Forgiveness
Generosity
Gentleness
Gratefulness
Honesty (Truthfulness)
Hospitality
Humility
Initiative
Loyalty
Meekness
Obedience
Orderliness
Patience
Persuasiveness
Positivity (Joyfulness)
Punctuality
Resourcefulness
Respect (Honor)
Responsibility
Sensitivity
Sincerity
Thoroughness
Thriftiness
Tolerance
Trustworthiness
Virtue
Wisdom
Hey there!
Cooperation ~ you have to get along with a lot of people in a job, and learn to work together with them
Dependability ~ you will need to be dependent, you won't always want someone holding your hand, you will have to figure things out yourself eventually
Determination ~ You will want to be determined to achieve high potential in your job, and you will be more successful
Tolerance ~ you may have to tolerate certain issues in jobs, and certain conditions
Positivity ~ You will want to be positive and enjoy what you are doing in order to do better. A lot of people say that if you enjoy your job, you will never actually "work" a day in your lives, since you enjoy it.
Hope this helps! Good luck and have a great day!
A person who can afford a monthly payment of and signs a loan agreement with a monthly payment of is most likely a victim of predatory lending. O A. $800; $1100 O B. $900; $800 O C. $900; $900 O D. $1100; $900
Answer:
A. $800; $1100
Explanation:
Predatory lending is an unfair and sometimes illegal practice by lenders of imposing expensive loans to borrowers. In predatory lending, the lender withholds critical information or deceives the customer into signing a loan that they cannot afford to repay. Lender employs dirty and unjust tricks to get the customer sigh for the loans.
If a lender can afford to pay a maximum of $800 per month, advancing them a loan requiring payment of $1100 per month is putting a lot of financial strain on them. It is an example of predatory lending as it imposes an unfair burden on the borrower
A busy food pantry works hard each holiday season, but employees are completely exhausted afterwards. In addition, the stock is so low
that they have to close for the following week. What can the organization do to increase sustainability for the next holiday season?
A. increase the number of customers and decrease employees
B.
increase the number of customers and decrease inventory
C.
decrease the number of employees and decrease inventory
D. increase the number of employees and increase inventory
E. decrease the number of employees and increase inventory
Answer:
D. increase the number of employees and increase inventory
Explanation:
In order to increase sustainability for the next holiday season, it would be important to increase employees so that the workers would not be exhausted. Also, they have to increase inventory to have inputs needed to produce outputs needed for sustainability.
If customers are increased and employees are decreased, it would further increase the pressure on workers. Also, the inventory might be inadequate to cater for the needs of customers
A complete listing of your investments is called a Manifest.
True
False
Answer:
False
Explanation:
A portfolio is a term used to describe a listing of one's investments. A Portfolio will show the different classes and types of financial investments that an investor possesses. They may include stocks, bonds, real estate, and all other investments.
Manifest means to be revealed through sight or demonstration.
You are paid $11.75/hr. You work 40 hr/wk. Your deductions are FICA (7.65%), Federal tax withholding (10.75%), and state tax withholding (7.5%). What am I making?
Answer:i have no answer but you are making more income
Explanation:
cause
Answer:
These are the answers
Explanation: