1 . It is socially efficient for Company M to adopt technology B. ; 2. Technology B will be chosen eventually. ; 3. Technology A will be chosen eventually ; 4. Technology A will be chosen eventually. ; 5. . Technology B will be chosen eventually.
The results obtained are given;
Q1. It is socially efficient for Company M to adopt technology B. From the given data, technology B causes less sewage damage to the villagers and hence it is socially efficient for the Company M to adopt technology B.Q2. Technology B will be chosen eventually. When Factory X is not liable for the sewage damage and negotiation costs are negligible, Company M will select the technology that has higher gains, which is technology B.Q3. Technology A will be chosen eventually. If Company M is fully liable for the sewage damage, it will select the technology that causes the least damage to the villagers, which is technology A.Q4. Technology A will be chosen eventually. Company M is not liable for the sewage damage and it costs $24 to the villagers to hire a lawyer and negotiate with Company M, villagers will hire a lawyer and negotiate with Company M for technology A as it causes more damage to them compared to technology B.Q5. Technology B will be chosen eventually. If Company M is fully liable for the sewage damage and it costs $24 to Company M to hire a lawyer and negotiate with the villagers, Company M will select technology B as it has lesser damage to villagers compared to technology A.Know more about the socially efficient
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education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
Oceanview Marine Company Ratio Analyses December 31, 2018 LIQUIDITY RATIOS: Unadjusted 12/31/2018 12/31/2017 CHANGE PERCENT INDUSTRY CHANGE AVERAGE 2. 31 2. 49 -0. 18 -7. 23% 1. 53 Current ratio current assets/ current liabilities Quick ratio (current assets - inventory) / current liabilities Sales / Receivables net sales net ending receivables Number of days sales in A/R net ending receivables / (net sales/365) Inventory turnover cost of sales / average inventory 0. 42 0. 40 0. 02 05. 00% 0. 43 20. 29 22. 1. 4 16. 05 17. 78 -1. 73 -9. 73% 165) 22. 1 4 20. 83 2. 21 10. 76 1. 41 1. 34. 75. 22 2 9. 53 17. 99 PROFITABILITY/PERFORMANCE RATIOS:
While the liquidity ratios raised some minor concerns, the profitability ratios remained stable, and the solvency ratios showed some deterioration. Further analysis and investigation are required to assess the financial health and performance of Oceanview Marine Company accurately.
Preliminary Analytical Procedures - Summary of Ratio Analyses
Oceanview Marine Company
December 31, 2018
Liquidity:
The liquidity ratios for Oceanview Marine Company indicate that there are no serious problem areas, but some warning signs should be considered:
Current Ratio:
Unadjusted 12/31/2018: 2.31
12/31/2017: 2.49
Change: -0.18
Percent Change: -7.23%
Industry Average: 1.53
The current ratio declined by over 7% during the year. However, it still remains above the 2:1 level, which is generally considered a sign of good financial condition. Additionally, it is higher than the industry average.
Quick Ratio:
Unadjusted 12/31/2018: 0.42
12/31/2017: 0.40
Change: 0.02
Percent Change: 5.00%
Industry Average: 0.43
The quick ratio improved slightly, indicating a better ability to cover current liabilities. However, it is slightly below the industry average.
Number of Days Sales in Accounts Receivable:
Unadjusted 12/31/2018: 20.29
12/31/2017: 22.14
Change: -1.85
Percent Change: -8.35%
Industry Average: 17.99
The number of days sales in accounts receivable decreased, which suggests an improvement in collection efficiency. However, it is still higher than the industry average.
Inventory Turnover:
Unadjusted 12/31/2018: 2.21
12/31/2017: 1.34
Change: 0.87
Percent Change: 64.93%
Industry Average: 9.53
The inventory turnover ratio improved significantly, indicating better management of inventory. It outperformed the industry average.
Profitability:
The profitability ratios for Oceanview Marine Company indicate the following:
Gross Profit Margin:
Unadjusted 12/31/2018: 27.58%
12/31/2017: 27.69%
The gross profit margin remained relatively stable.
Solvency:
The solvency ratios for Oceanview Marine Company show some deterioration:
Long-term Assets to Owners' Equity:
Unadjusted 12/31/2018: 0.06
12/31/2017: 0.04
The ratio dropped by nearly 15%, which suggests a decrease in the ability to cover long-term assets with owners' equity.
Overall, while the liquidity ratios raised some minor concerns, the profitability ratios remained stable, and the solvency ratios showed some deterioration. Further analysis and investigation are required to assess the financial health and performance of Oceanview Marine Company accurately.
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Full Question :
Oceanview Marine Company Ratio Analyses December 31, 2018 LIQUIDITY RATIOS: Unadjusted 12/31/2018 12/31/2017 CHANGE PERCENT CHANGE INDUSTRY AVERAGE 2.31 2.49 -0.18 -7.23% 1.53 Current ratio current assets/ current liabilities Quick ratio (current assets -- inventory)/ current liabilities Sales / Receivables net sales / net ending receivables Number of days sales in A/R net ending receivables / (net sales/365) Inventory turnover cost of sales / average inventory 0.42 0.40 0.02 5.00% 0.43 16.05 17.78 -1.73 -9.73% 20.29 17.99 22.14 20.532,21 10.76 1.34 ..07 5.22 1.41 PROFITABILITY/PERFORMANCE RATIOS: 23.83% 107.03 42.56 0.06 Gross profit margin (%) gross profit net sales Income before taxes / Owners' equity 27.58 27.69 -11.40 net income before taxes / total owners' equity -] 0 Income before taxes / Total assets net income before taxes / total assets 0.06 0.04 0.02 Sales / Long-term assets net sales / net long-term assets 44.29 37.33 6.96 18.64% Sales/ Total assets net sales / total assets 1.54 1.49 0.05 3.36% Sales / Working capital 2.82 2.59 net sales/ (current assets - current liabilities) 8.88% 0.04 19.07 1.32 0.23 2.18 SOLVENCY RATIOS: -0.03 0.59 -5.08% 0.31 0.56 -0.01 0.47 -14.29% Owners' Equity / Total assets total stockholders' equity / total assets Long-term assets / Owners' equity net long-term assets/total stockholders' equity Current liabilities / Owners' equity 0.07 0.06 1.13 2.03 current liabilities / total stockholders' equity 75.66 .04 13,64 od 12.86 Total Liabilities/Owners' equity total liabilities/total stockholders' equity 79 70 Current workepapers--audit planning + Page 6 Preliminary Analytical Procedures - Summary of Ratio Analyses Oceanview Marine Company 2-2 December 31, 2018 Liquidity: Although the liquidity ratios do not indicate there are any serious problem areas, they do reveal some possible warning signs: The current ratio declined by over 7% during the year. However, it is still above the 2: 1 level, which is a sign of good financial condition, and it is above the industry average. . Profitability: Solvency: The solvency ratios have deteriorated somewhat: Long-term Assets to Owners' Equity dropped nearly 15% Current workpapers--audit planning + Page 7
In which countries do people prefer discussing business during meals?
Answer:
china
Explanation:
if your traveling to china on business do not discuss business during meals .
Answer:
Always send a thank-you note following a hosted meal.in Philippines
The annual inflation rate is expected to be 5 percent over the next 3 years. Juan plans to take out a 3-year loan to purchase a car. If Juan decides not to take out a loan if the real interest rate exceeds 3 percent, the highest nominal interest rate he is willing to pay is:
The highest nominal interest rate he is willing to pay is 8.15%.
The highest nominal interest rate that Juan is willing to pay can be determined using the Fisher equation. The Fisher equation postulates that the nominal interest rate is a function of the real interest rate and the inflation rate.
Fisher effect equation : ( 1 + nominal interest rate) = (1 + real interest rate) x (1 + inflation rate)
(1.03) x (1.05) = ( 1 + nominal interest rate)
( 1 + nominal interest rate) = 1.0815
Nominal interest rate = 1.0815 - 1
Nominal interest rate = 8.15%
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Differentiate among the following.
a. full warranty:
b. limited warranty:
c. implied warranty:
What expertise and characteristics should directors have or possess in companies like Spar and Shoprite? Explain THREE each
Expertise and characteristics that directors in companies like Spar and Shoprite should possess include knowledge of retail industry trends, financial acumen, and strong leadership skills.
What expertise and characteristics should directors have or possess?Directors in companies like Spar and Shoprite play a crucial role in guiding the strategic direction of the organization, ensuring that it remains competitive and profitable in a constantly evolving retail landscape.
To do this effectively, they must possess a deep understanding of the industry, including emerging trends in consumer behavior, technology, and logistics. They must also have strong financial acumen, as they are responsible for overseeing the company's financial performance and making decisions that will drive growth and profitability.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
Click this link to view the OOH educational information for Roofers. According to the OOH, what are some educational, training, certification, or licensing options required or helpful for Roofers? Check all that apply. bachelor’s degrees on-the-job training apprenticeships high-school biology, chemistry, and physics classes high-school math, shop, mechanical drawing, and blueprint-reading classes an associate degree specializing in writing
Answer:
2,3,5
Explanation:
I had the same thing and got it right (one wrong)
Answer:
2 3 5
Explanation:
This image of the coronation of Elizabeth II represents what I learned about monarchies because….
The image of the coronation of Queen Elizabeth II represents what I have learned about monarchies because it showcases the traditional and ceremonial aspects of a monarchical system of government.
Monarchies are forms of governance where a single individual, typically a king or queen, holds supreme power and inherits the position through hereditary means. The coronation ceremony is a significant event that symbolizes the formal ascension of a monarch to the throne.
Firstly, the image highlights the concept of legitimacy and continuity in monarchies. The coronation ceremony signifies the seamless transfer of power from one monarch to the next, based on the principle of hereditary succession. It reflects the belief that the monarch's authority derives from a divine or ancestral right, which has been upheld throughout history.
Secondly, the image demonstrates the ceremonial role of monarchs in society. Monarchs often serve as the symbolic figureheads of their nations, representing unity, tradition, and national identity. The coronation ceremony is a grand spectacle that showcases the monarch's role as the embodiment of the state and its history.
Furthermore, the image reveals the close connection between monarchies and tradition. Monarchies are often deeply rooted in centuries-old customs and rituals, which are preserved and celebrated during significant events like a coronation. These traditions contribute to the sense of continuity and stability associated with monarchies.
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If a harmful substance is used in a workplace, the company must provide what informational document to employees?
A.
Material safety data sheet
B.
Ergonomics checklist
C.
Guarantee
D.
Warranty
20 POINTS HURRY PLZZZ
Answer:
i would say B
Explanation:
Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inventories.
Cost of fiberglass (raw material) $ 85,000
Factory rent $ 59,000
Advertising $ 134,000
Utilities for factory $ 12,000
Wages of assembly workers $ 91,000
Production supervisor salary $ 44,000
Sales manager salary $ 42,000
Factory property taxes $ 15,000
Depreciation on production equipment $ 30,000
Cost of bindings (raw material) $ 34,000
Screws $ 1,200
Wages of snowboard painters $ 78,000
Wages for maintenance workers $ 37,000
a. Compute the direct material costs.
b. Compute the direct labor cost.
c. Compute the manufacturing overhead.
d. Compute the total manufacturing cost.
e. Compute the prime cost.
f. Compute the conversion cost.
g. Compute the total period cost.
a. Compute the direct material costs
Explanation:
a. Compute the direct material costs
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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Which of the following actions constitutes the unauthorized practice of law if performed by a real estate licensee who isn't a licensed attorney
Drafting a legal contract using legal language is what constitutes unauthorized practice of law by a person that is not a licensed attorney.
Who is a licensed attorney?This is the description that is given to a person that is licensed to act or practice the act of law in the United States. In order to do this, one must have gone through law school.
Hence the drafting of a legal practice by a person that is not a licensed attorney can be seen to be an unauthorized practice in the United States.
Without a proper law license, it is a crime to act as a legal representative in the nation. The penalty for this may lead to issues that may cause jail term for the person. Such a person is going to face both criminal and civil law.
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The customers who buy goods and services for resale or to use as inputs to the production of other goods are known as:____.
The customers who buy goods and services for resale or to use as inputs to the production of other goods are known as Intermediate Goods.
Intermediate goods are known as items that can be used by companies for producing items or offerings. these goods also are referred to as manufacturer items.
Intermediate goods consist of all objects which might be synthetic and traded to be converted right into a unique final product for the patron. some examples of intermediate items encompass Salt: Salt is taken into consideration as an intermediate properly due to the fact it is included inside the final made from many food and non-food objects.
Intermediate items are not long-lasting in nature as they may be used as uncooked materials for the manufacturing of very last items and therefore lose their identity all through the production procedure.
yes, durable accuracy may be an Intermediate item. in addition processing like sugar used for making goodies, or resale within the same year, if vehicle bought via a vehicle provider for resale.
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In general, reducing the interest rate (i) of a credit card but keeping the present value (PV) and number of periods (n) the same will_______.
a.) decrease the monthly payment (P) needed to pay off the debt.
b.) increase the monthly payment (P) needed to pay off the debt.
c.) eliminate the monthly payment (P) needed to pay off the debt.
d.) have no effect on the monthly payment (P) needed to pay off the debt.
Answer:
A. decrease the monthly payment (P) needed to pay off the debt.i took the test⬇️
Answer:
a
Explanation:
Which of the following are problems associated with dirty data? (Check all that apply)
duplicate data
nonformatted data
violates business rules data
nonintegrated data
The following are problems associated with dirty data, the correct answer is: duplicate data, violates business rules data.
The problems associated with dirty data include:
1. Duplicate data: This occurs when the same data entry is present multiple times in a dataset, causing inaccuracies and inconsistencies.
2. Nonformatted data: This refers to data that is not in a consistent format, which can lead to difficulties when processing or analyzing it.
3. Violates business rules data: This is data that does not adhere to the predefined rules or constraints set by a business, which may result in incorrect decisions or analyses.
In summary, the problems associated with dirty data in your given options are duplicate data, nonformatted data, and violates business rules data.
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Which are examples of copyrighted online materials? Check all that apply.
an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913
Answer:
a and d
Explanation:
Answer:
A & E
Explanation:
edge test
Suppose a stock had an initial price of $56 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $64. Compute the percentage total return.
Multiple Choice
a) 16.88%
b) 14.77%
c) 20.00%
d) 17.72%
The initial price of a stock per share = $56 Dividend paid per share during the year = $1.45 Ending share price of the stock = $64. Therefore, the percentage total return is approximately 16.88%.The correct option is a) 16.88%.
The percentage total return can be computed as follows:-
Dividend yield (DY) = (Dividend per share / Initial price per share) × 100% = (1.45 / 56) × 100% ≈ 2.589%Capital gains yield (CGY) = [(Ending share price – Initial price per share) / Initial price per share] × 100% = [(64 – 56) / 56] × 100% ≈ 14.29%Percentage total return (PTR) = Dividend yield + Capital gains yield = 2.589% + 14.29% ≈ 16.88%
As a result, the overall return percentage is roughly 16.88%.The right answer is (a) 16.88%.
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Modern managers may change the definition of from a task you do for a specific time and in a specific place to something you may do anywhere and anytime. True or false?.
what kind of warehouse facility performs very differently from a conventional warehouse by receiving inventory and shipping it out in the same day?
A cross-dock warehouse facility differs from a traditional warehouse in that it receives merchandise and ships it out on the same day.
In a warehouse, what is a cross-dock?Cross-docking is a logistics method that involves offloading items straight from a manufacturer or mode of transportation to a customer or another mode of transportation, with little or no storage in between. This can be done to modify the mode of transportation, sort material destined for different destinations, or mix stuff from various origins into transport vehicles (or containers) bound for the same or comparable destinations. Cross docking occurs in a distribution docking terminal, which typically has trucks and dock doors on two (inbound and outgoing) sides with limited storage space.
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What is something you learned about investing?
Answer:
investing ensures present and future long-term financial security
Explanation:
sana makatulong
50 pts! I really need help on this. Ignore the distribution part. Dont waste my points ;-; Will give Brainliest
Market Analysis: Research three countries you would like to distribute your game to and summarize the games, their prices, and how they are distributed in those markets (your competition). If you find that you might have chosen a market that is already too competitive, this is the time to identify another country and change your plan.
Countries I chose:
Japan
United States
Great Britain (UK)
Answer:
Japan 183-192billon dollars per year
USA 18.4 billion dollars
UK 5.05billion dollars
. austin, a single individual with a salary of $100,000, incurred and paid the following expenses during 2021:
Austin, as a single individual with a salary of $100,000, incurred and paid several expenses during the year 2021. Some of the expenses that he might have incurred could be related to his housing, transportation, health, and education. Austin may have paid for his rent, utility bills, property taxes, and home insurance, which are all considered housing-related expenses.
In terms of transportation, he might have paid for his car insurance, gas, and maintenance. Additionally, Austin may have incurred health-related expenses such as insurance premiums, co-pays, and out-of-pocket expenses for medical services. Lastly, he may have paid for education-related expenses such as tuition, textbooks, and educational materials.
However, it is important to note that not all expenses are tax-deductible. Only certain expenses, such as those related to business or investment activities, are tax-deductible. Austin may be able to deduct some of his expenses, such as mortgage interest, property taxes, and charitable contributions, if he itemizes his deductions. It is advisable for Austin to consult with a tax professional or use a tax preparation software to ensure that he is claiming all eligible deductions and credits.
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What would happen in the market for loanable funds if the government were to decrease the tax on interest income for savers? Group of answer choices Interest rate would be unaffected The effect on the interest rate is uncertain Interest rates would fall Interest rates would rise
Answer:
The interest rate would be unaffected.
Explanation:
Option A, “Interest rate would be unaffected” is correct because, in a market for loanable funds, the government has decreased the tax rate on the amount of interest. At the same time, this will increase the interest-earning of consumers however the interest rate on the money will be unaffected. The intervention made by the government resulted in an increase in interest-earning. Moreover, a reduction in the tax rate will induce people to save more in order to earn more interest.
Fill the Blank ,the account allowance for uncollectible accounts normally has a _______
The account allowance for uncollectible accounts normally has a "Credit Balance". Accounts receivable that may not be collected are estimated and recorded using the account allowance for uncollectible accounts.
Sometimes referred to as the allowance for questionable accounts, which is a contra-asset account. The balance sheet shows the allowance account as a decrease from accounts receivable, which represents the anticipated net amount of client payments. Because it lowers the amount of accounts receivable that are recorded on the balance sheet, the allowance account typically has a credit balance. The allowance account balance is deducted and the accompanying accounts receivable balance is credited when a certain account is determined to be uncollectible.
Accounts receivable that may not be collected are estimated and recorded using the account allowance for uncollectible accounts, sometimes referred to as the allowance for questionable accounts, which is a contra-asset account.
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In 18th century, what was the main reason of slow down of Indian Foreign Trade
Answer:
Introduction to India’s Foreign Trade:
Even being a typical poor underdeveloped country, India’s foreign trade was in a prosperous state during the period under review. In terms of volume of trade and the range of commodities entering into trading list, India was better placed compared to other contemporary underdeveloped countries. But that must not be viewed as an indicator of prosperity. Above all, her pattern of trade was definitely different from those of other underdeveloped countries.
India’s composition of trade (i.e., pattern of imports and exports) before 1813 included manufactured goods as well as primary articles in export list and metals and luxury products in the import list. But such pattern of trade was supplanted by the import of manufactured goods and exports of agricultural raw materials and food grains during much of the nineteenth and twentieth century. This must not be the sign of prosperity or cause for jubilation.
Explanation:
Rather, this situation generated much heat and controversy because, instead of being an engine of growth, foreign trade, as engineered by the British Government, exacerbated economic exploitation. It hampered the process of industrialization. It brought untold misery to the masses. Most importantly, of course partly the backwardness of Indian industry and agriculture is ‘the effect of its external trade which moulded into shape the productive mechanism of the country.’
To understand the nature of the controversy it will be fruitful to tell something about the history of India’s foreign trade during 1757 and 1947. The growth of foreign trade during the two centuries can be divided into following unequal periods: 1757 to 1813, 1814 to 1857, 1858 to 1914, and from 1915 to 1947.
The first period—the early years of the British East India Company (EIC)—is known as the ‘age of mercantilism’. During the period under consideration trade statistics is not available. However, some sort of institutional changes in trade took place during this period.
In the mid-18th century, Indian foreign trade was mainly conducted by the English, Dutch, French, and Portuguese traders and merchants. But the revolution of 1757 strengthened the supremacy of the British EIC. In the process, the EIC monopolized trade and ousted the other merchants and traders.
6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
Walget's determines on March 12th that it cannot collect $3,000 owned to it by its customer DataConthey didn't pay you backdebit bad debts expense 3000 credit accounts receivable 3000 because Walget's can't get back that 3000 dollars owed to them, the accounts receivable must be crossed out and in order to do so it had to be debited
When Walget's determines that it cannot collect $3,000 owed to it by its customer DataCon, it needs to record the loss in its books. This loss is recorded as bad debt expense.
The bad debt expense account is a type of expense account that is used to record losses due to customers not paying their debts. The $3,000 loss is debited to the bad debt expense account.
In order to balance the entry, the accounts receivable account needs to be credited with $3,000. This means that the accounts receivable account is reduced by the amount of the debt that cannot be collected.
When accounts receivable is crossed out, it means that the amount of the debt is no longer an asset of the company. Instead, it becomes a loss. This is because Walget's is no longer able to collect the debt and therefore it is no longer an asset of the company.
In summary, Walget's needs to debit the bad debt expense account with $3,000 to record the loss, and credit the accounts receivable account with $3,000 to reduce the debt owed by the customer.
This is necessary to ensure that the books of the company accurately reflect the financial position of the company, including any losses due to bad debts.
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from 1880 to 1950, approximately _______ african americans were murdered by white mobs.
Around 5000 African Americans were killed by white mobs between 1880 and 1950.
Who criticized Victorian era gender norms?Victorian gender expectations for women are questioned by Bronte, who also shows that people can choose to follow some gender conventions while rejecting others. Moreover, using a "women's weapon" is related to the act of limiting oneself. According to the modern left, a woman shouldn't be anything like the Victorian woman.
A certain type of civic movement that idolized the Old South and the Confederacy. Northerners' conviction that Southerners would never consent to racial equality. Victorian women experienced inequality in their marriages and society, suffering from both financial and sexual disadvantages.
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