select all that apply bad debts are: multiple select question. an expense of selling on credit. accounts of customers who do not pay. also called collectible accounts. amounts the company owes to creditors. also called uncollectible accounts.

Answers

Answer 1

Bad debts are: An expense of selling on credit, Accounts of customers who do not pay, Also called uncollectible accounts.


a. An expense of selling on credit: Bad debts occur when a company extends credit to customers who ultimately fail to pay. This represents a cost for the company, as they will not receive payment for goods or services provided.

b. Accounts of customers who do not pay: When customers fail to pay for goods or services, their accounts become bad debts. These accounts will need to be written off as a loss for the company.

e. Also called uncollectible accounts: Bad debts are often referred to as uncollectible accounts because the company cannot collect payment from the customers.

To recap, bad debts are an expense of selling on credit, accounts of customers who do not pay, and are also called uncollectible accounts. The other options, c. also called collectible accounts and d. amounts the company owes to creditors, are not correct descriptions of bad debts.

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Complete question:

select all that apply bad debts are:

a. an expense of selling on credit.

b. accounts of customers who do not pay.

c. also called collectible accounts.

d. amounts the company owes to creditors.

e. also called uncollectible accounts.


Related Questions

Calculate how many hours his non-salary employees will take to create a large order of 1,000 shoes. What kind of budget would Jose create?

Answers

This question is incomplete but will answer this based on what I guess you're asking.

Answer and Explanation:

Assume there are 10 employees for the small factory that makes shoes.

Let's assume each non-salary employee spends 30 minutes on each pair of shoes before it finishes, and charges $10 per hour.

1000 pairs of shoes would take 1000×0.5×10= 5000 hours(208 days and a few hours)

Total budget for non-salary employees= 5000 hrs×$10= $50000

Therefore Jose would need a $50000 budget given the variables above.

what does the theory of comparative advantage mean?

Answers

The theory of comparative advantage is an economic concept that explains why countries should specialize in producing goods and services in which they have a lower opportunity cost and trade with other countries to obtain goods and services that they cannot produce efficiently.

According to the theory of comparative advantage, countries can benefit from trade by specializing in the production of goods and services in which they have a comparative advantage, which means that they can produce these goods and services at a lower opportunity cost than other countries. By specializing in the production of these goods and services, countries can become more efficient and increase their overall output.

For example, consider two countries, A and B, that both produce both wheat and corn. Country A has a comparative advantage in producing wheat because it can produce wheat at a lower opportunity cost than country B, while country B has a comparative advantage in producing corn because it can produce corn at a lower opportunity cost than country A. If both countries specialize in producing the good in which they have a comparative advantage and trade with each other, they can both benefit and increase their overall output.

The theory of comparative advantage suggests that countries can benefit from trade by specializing in the production of goods and services in which they have a comparative advantage, and trading with other countries to obtain goods and services that they cannot produce efficiently. This leads to increased efficiency, increased output, and greater overall welfare for all countries involved in the trade.

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Eduardo is currently involved in FBLA (Future Business Leaders of America). He has dreams to work on Wall Street. Assuming he will continue down the same career path, which professional organization would Eduardo most likely be a part of in the future?

SAG
AFP
AASA
DECA

Answers

Eduardo will most likely be involved with the DECA.

The Distributive Education Clubs of America (DECA) or more commonly referred to simply as DECA, is a student empowerment organization that aims to help emerging leaders such as Eduardo in the areas of:

Finance Business Marketing Hospitality and others

They are available in both colleges and high schools and have helped hundreds of thousands of students.

In conclusion, if Eduardo keeps going down the finance path, he might end up with DECA.

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Answer: the answer is DECA!

explanation: im taking the test in edunuity right now.

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Congress passes a bill calling for a 5% tax decrease. The president then signs it
a.) the government's monetary policy
b.) government's open. market regulations
c.) the government's tight money policy
d.) the government's fiscal policy

Answers

Answer:

d.) the government's fiscal policy

Explanation:

Fiscal policy is the actions of a government to alter spending and taxation to influence economic direction. This implies that fiscal policy tools are the level of government spending and taxation.

Reducing taxes and government spending increases the money supply in the market.  The government will consider these actions during recessions to stimulate economic growth. Increasing taxes and decreasing spending reduces money circulation in the economy, thereby regulating economic growth.

If, for a given percentage increase in price, quantity demanded falls by a proportionately smaller percentage, then demand is:.

Answers

A demand is relatively inelastic if for an increase in price, the quantity demanded falls by a proportionately smaller percentage.

What is a relatively inelastic demand?

A relatively inelastic demand refers to a when the percentage change produced in demand is less than the percentage change in the price of a product.

In conclusion, the inelastic demand are often seen in most essential goods.

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What are the three types of money you should use when paying for college, and what type of money are scholarships and grants?.

Answers

Loans, grants, and work-study are the three categories of federal financial aid.

Grants are typically offered based on financial need, whereas scholarships are merit-based and given to students based on their academic performance, extracurricular involvement, field of study, and other factors.

Financial aid is cash that you are given or lent in order to help you pay for college. Financial aid that you don't have to pay back includes grants and scholarships. They are known as gift aid because of this.

Some college finance methods are:

Try to get a scholarship. Obtain a college grant by applying. Like scholarships, grants for college are based on financial need and are not repaid.Federal student loans and private student loans.Work study programmes at colleges.

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A small voip provider borrowed $2 million for new equipment and repaid the principal of the loan plus $275,000 interest after 1 year. what was the interest rate on the loan?

Answers

Based on the amount that the small volp provider borrowed and the amount that it repaid in interest, the interest rate of the loan can be found to be 13.75%.

What was the interest on the loan?

The interest on the loan refers to the amount that was paid extra on top of the amount that the small volp provider borrowed.

This amount is the $275,000 that was paid back in addition to the principal of $2 million.

To find the interest rate, use the formula:

= Interest paid back / Loan principal x 100%

Solving gives:

= 275,000 / 2,000,000 x 100%

= 0.1375 x 100%

= 13.75%

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On October 1, Company B records 1 year of prepaid rent in an income statement account then adjusts for the unexpired prepaid rent at the end of the period. What would be true for Company B's financial statements at December 31 year-end?

Answers

Answer:

The first journal entry was not the most appropriate, but since the mistake was correctly adjusted at the end of the year, both assets and expenses will be the same whether they did it correctly the first time or they had to adjust a mistake at the end of the year.

E.g. something like this happened

October 1, rent expense for 1 year

Dr Rent expense 12,000

    Cr Cash 12,000

December 31, adjustment to rent expense

Dr Prepaid rent 10,000

    Cr Rent expense 10,000

they should have recorded it as:

October 1, prepaid rent for 1 year

Dr Prepaid rent 12,000

    Cr Cash 12,000

December 31, adjustment to rent expense

Dr Rent expense 2,000

    Cr Prepaid rent 2,000

Whichever way you recorded the transactions, the balances a the end of the year would be:

prepaid rent (asset) $10,000

rent expense (expense) $2,000

Select the correct answer.

Why do some critics feel that the IMF should not act to influence exchange rates under some conditions?

A.
They believe that wild swings in currency exchange rates are healthy.
B.
They believe that currencies must find their own market levels.
C.
They fear that the IMF may take over the country’s economy.
D.
They fear that politicians may be using the IMF to cover up their actions.

Answers

Answer:

Explanation:

They believe that currencies must find their own market levels.

which approach to performance evaluation rank-orders employees from best to worst?

Answers

A forced distribution approach to performance evaluation rank-orders employees from best to worst.

Forced distribution is a method of employee performance evaluation that requires managers to classify subordinates into several predetermined categories, which often include the top performers, the middle performers, and the poor performers.The forced distribution approach to performance evaluation rank-orders employees from best to worst. This ranking approach categorizes workers into a bell-shaped curve.

The majority of staff are categorized as average performers, with a small number of employees who are either high performers or poor performers. This ranking approach is known for its objectivity and thoroughness since it measures the effectiveness of a job performance.

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A written request to an insurance company to locate the status of an insurance claim is referred to as a/an

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A written request to an insurance company to locate the status of an insurance claim is referred to as a claim status.

What is an insurance company?

An insurance company is a business organization that is established to receive premium from all of its customers (insured) for any losses which may or may not occur, so it can easily use this funds to compensate or indemnify for losses that are incurred by those having higher risk.

In financial accounting, a claim status is a terminology which is used to describe a written request by an insured or other service provider to an insurance company to locate the status of an insurance claim.

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standard cost systems blank . multiple select question. are based on what managers think costs should be are rarely used in practice in well-established businesses help maintain consistency and quality help managers budget and control costs

Answers

Standard cost systems use pricing based on what they should be rather than what managers believe expenses should be. The managers arrive at these rates by projecting the costs that the company will experience during the production process and then generating the costs based on their projections.

How can costs be managed successfully inside an organization?

Rework, rejection, reverse logistics, labor costs, and material costs have all been decreased as a result of doing things correctly the first time, controlling operations based on facts, and implementing statistical process controls.

What is the key to efficient cost management?

Keeping track of costs, risks, and other budget-affecting factors is the key to efficient cost control. You must achieve this by using technologies to manage data, track spending and resources, generate reports, and make real-time budget modifications.

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A personal assessment can point a person in the direction of a particular career cluster. What best describes a career cluster?


a group of careers that start with the same letter

careers located in the same building

careers available at a specific company

a group of related careers

Answers

Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category. Hence option D is correct .

What is cluster career ?

Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category. Start with one of the clusters, such as construction or health care, to understand what it entails, current trends, and the various  vgit provides.

Here are a few examples of career clusters: Arts, Audio/Video Technology, and Communication; Law, Public Safety, Corrections, and Security; Agriculture, Food, and Natural Resources; and Health Science. All of these names should be fairly self-explanatory.

Agriculture commodities and resources, such as food, fibre, wood products, natural resources, horticulture, and other plant and animal goods/resources, are produced, processed, marketed, distributed, funded, and developed.

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which of the following scenarios best describes the accommodating style of conflict? a.) alma's favorite rock band is playing in concert on friday night, but she agrees to go to a modern art show with her friend instead. alma doesn't like modern art, but her friend begged her to skip the concert and attend the art show. b.) alma's favorite rock band is playing in concert on friday night, but she agrees to go to a modern art show with her friend instead. alma doesn't even mention the existence of the concert to her friend. c.) alma's favorite rock band is playing in concert on friday night, but she agrees to go to a modern art show with her friend. her friend, in exchange, promises to go to the concert with alma the next time the band is in town. d.) alma's favorite rock band is playing in concert on friday night, but her friend wants to go to a modern art show. they agree to go to the art show in the early evening, and then go to the concert after the opening act.

Answers

Alma's favorite rock band is playing in concert on Friday night, but she agrees to go to modern art show with her friend instead. Alma doesn't even mention existence of concert to her friend this scenario best describes accommodating style of the conflict.

What is modern art?

Modern art refers to the styles and philosophies of the art created during the roughly 1860s to 1970s time period, and it includes works of art created during that time. The term is typically used to describe art in which the conventions of the past have been abandoned in favor of experimentation. Modern artists experimented with novel perception techniques as well as novel notions about the nature of materials and the purposes of art. Much modern art has a tendency toward abstraction and away from the narrative, which was characteristic of traditional arts. Earlier works of art are frequently referred to as contemporary or postmodern art.

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Which demographic groups does Women in Motion serve?(keep it clear and short)

Answers

The demographic group Women in Motion serve is Women who are all talented and Young giving in their best contribution to Cinema.

What is demographic?

Demographic is referred to defining a set of populations based on the characteristics like age, gender, social status, education, qualification, and so on.

"Women in Motion" has referred to a kind of award which was given to effective young female personalities who are raising the position of women in society and providing a contribution to their growth.

The event has emerged as a go-to platform for starting discussions and influencing perceptions around the representation of women in the arts and entertainment industries.

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• Is provided by the government through its

Answers

Answer:

Powers not granted to the Federal government are reserved for States and the people, which are divided between State and local governments.

QUESTION 6 of 10: You had five designers work 45, 40, 36, 42 and 37 hours respectively. What is the average number of hours they worked?
a) 39
b) 40
c) 41
d) 42

Answers

Answer:

B) 40

Explanation:

use the mean formula,

sum of data / number of data

Judging is:

Select the best answer choice.
A.
One's openness and flexibility to new information
B.
Perceiving people
C.
Responding to what the world throws at an individual
D.
Imposing order on the outside world

Answers

B. perceiving people

who is johnny sins?
A - a doctor
B -dentist
C -firefighter

Answers

Answer:

A-doctor

Explanation:

Daniel Clark owns Prime Print Shop in Poughkeepsie, New York. The company provides full service copies, plotting, scanning, and custom printing services to professional, municipal, and educational communities. Prime Print Shop claims on its website to be easy to work with. Part of the effort to be easy for customers to work with is being fair in pricing. But what does "fair" mean? To Clark, it means concentrating on outlays for materials and input from customers. Clark relies on customer feedback to determine fair rates. Much of the shop's work is customized, but many of the materials can be priced in a standard way, such as black and white copies. Clark also buys some materials in large quantities to get discounts, then promotes special deals when he can drop prices. He has learned that customers perceive prices to be fair when the products and services they purchase meet quality standards. Additionally, he takes pride in knowing his customers' names and providing personal service.Does a company offering products and services like Prime Print Shop, described in Situation 1, face elastic or inelastic demand? Why did you choose your answer?

Answers

Daniel Clark owns Prime Print Shop in Poughkeepsie, New York. The company provides full service copies, businesses plotting In Situation 1, a company like Prime Print Shop is likely to have elastic demand.

Its goods and services. For the reasons listed below, I selected this response

1. The copying, printing, and scanning services offered by Prime Print Shop are not exclusive and may be found from a number of different rivals in the market. This makes the demand for these services more elastic to price changes (sensitive to price changes), as customers can quickly switch to a new provider if they find better pricing or quality elsewhere.

2. Clark's focus on fair pricing and consumer input suggests that the business is actively modifying its rates to match customer expectations. Businesses must be more consumer-responsive in a market with elastic demand.

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4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)

Answers

Answer and Explanation:

Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.

Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.

The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.

This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.

Answer:

1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9

2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.

· Must have valid Pharmacy Technician License

3. Working with patients to explain and educate on medical questions

· Tracking and logging vaccination details into EMR (electronic medical records system)

· Assisting Pharmacist as needed

4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.

Explanation:

Which two security regulations does the pci enforce with regard to electronic banking?
Choices
A. Banks must maintain a secure network
B. Banks must allow customers to chose the level of security they want
C. Banks must compensate customers for money lost due to stolen cards
D. Banks must have information security policy

Answers

Answer:

A. Banks must maintain a secure network D. Banks must have information security policy

Explanation:

The Payment Card Industry Data Security Standards (PCI DSS) are there to make sure that companies dealing with payment cards for customers protect these customers by having a secure payment environment to prevent customer money being at risk.

First and foremost the companies should have a secure network for processing card payments and data which means no expense should be spared in maintaining this. Companies must also have an information security policy that employees must follow when dealing with customer information.

Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.

Answers

Answer:

demand is equal to 1000 and factors is equal to 5000

Question 4 of 10
A fixed interest rates is generally a better option than a variable rate in which
situation?
A. A business owner is seeking a short-term loan to cover
emergency expenses and expects to pay it off quickly.
B. A married couple is seeking a 30-year mortgage for a house that
they plan to live in for a long time.
C. A contractor is seeking a mortgage on a home that he plans to
"flip," or renovate to sell, within 18 months.
D. A student is seeking a credit card to use for daily expenses and
plans to pay off the balance each month.

Answers

Answer:

B. A married couple is seeking a 30-year mortgage for a house that

they plan to live in for a long time.

Explanation:

I originally got the wrong answer, and this one showed up as being correct.

A married couple is seeking a 30-year mortgage for a house that they plan to live in for a long time. Thus, option B is the correct option.

What are fixed interest rates?

A debt, such as a loan or mortgage, may have a fixed interest rate that never changes. It may be applicable for all or a portion of the loan's term, but it is constant for the duration of the designated time. There are other interest-rate choices available for mortgages, including one that combines a fixed rate for part of the term with an adjustable rate for the remaining amount.

We refer to these as "hybrids." Borrowers who don't want their interest rates to fluctuate throughout the course of their loans, thus raising their interest costs and, by consequence, their mortgage payments, are drawn to fixed interest rates. The risk associated with a floating or variable interest rate is avoided with this sort of rate.

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a memory system has a 32 kb byte-addressable main memory and a 1 kb cache where each block contains 16 bytes

Answers

The memory system has 2048 blocks in the main memory and 64 blocks in the cache memory, with a total size of 32 KB for the main memory and 1 KB for the cache memory.

The total number of blocks in the main memory is 2048, and the total number of blocks in the cache memory is 64. A memory system has a 32 kb byte-addressable main memory and a 1 kb cache where each block contains 16 bytes.

Therefore, to solve for the number of blocks in the main memory and cache memory, we use the formula given below: Number of blocks = (Total size of memory) / (Block size) Given the above formula, Total size of memory = 32 KB = 32 * 1024 bytes Block size = 16 bytes

Therefore, Number of blocks in main memory = (32 * 1024) / 16 = 2048 Number of blocks in cache memory = (1 * 1024) / 16 = 64 Thus, the total number of blocks in the main memory is 2048, and the total number of blocks in the cache memory is 64.

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why is rationing sometimes good

Answers

Answer:

I got you gurl, becuase you could potentially change how it fits some places or put the good face facing forward, or if it was your pillow, to have the best sleep on the cold side, you never know everthing has its advantages, btw im supposed to do my hwk rn and i got bored so i dediced to be a good person and snoop around for some good questions to answer!!

freshman- doing biology hwk!

good luck ~ hope this helps!!

Explanation:

yall, life is goood!

Answer:

Rationing is the practice of controlling the distribution of a good or service in order to cope with scarcity.

Explanation:

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1. Some bacteria are helpful to the body and:
a. cause cavities
b. die quickly outside other living cells
c. help the digestive system function properly
d. give you energy

2. Germs produce toxins in the body that can make you:
a. sneeze a lot
b. cough
c. have diarrhea
d. all of the above

3.List three ways to keep germs from spreading.


4. Describe the proper way to wash hands.

5. Describe what the immune system does for the body.

6. An antigen:
a. is an unknown substance that infects the body
b. is a protein that attaches itself to germs to get rid of them
c. destroys germs in the body
d. is a type of immunity you are born with

7. True or false: Vaccinations help to provide us with adaptive immunity, which is immunity that develops as we are exposed to diseases. T F


8. White blood cells help to:
a. infect the body
b. provide passive immunity
c. destroy infections
d. weaken your immune system

9. A specialized protein that recognizes invaders to the body and attaches to them is called:
a. an antigen
b. an antibody
c. a complement
d. a T cell

10. True or false: It’s OK not to wash my hands after using the bathroom at home because it's cleaner than a public restroom. T F

Answers

Answer:

I messaged you the asnwer.

Explanation:

If a company has a proportionately large amount of debt: a) It has likely borrowed money in order to achieve a faster rate of growth O b) The stock will likely have large fluctuations in price c) It's potential gains are higher yet it is considered to be greater risk d) The company will likely not be able to achieve an AAA bond rating Oe) All of the above

Answers

A company with a proportionately large amount of debt is likely to have borrowed money for faster growth, experience larger stock price fluctuations, have higher potential gains, and be considered a greater risk. Therefore, option e is correct.

Debt refers to the money that a company borrows from external sources, such as banks or bondholders, to finance its operations or investments. It represents the company's obligations to repay the borrowed funds over a specified period, usually with interest.

Debt can be in the form of loans, bonds, or other forms of credit. While debt can provide financial leverage and potential growth opportunities for a company, it also carries risks, such as interest payments and the potential inability to meet debt obligations, which can impact the company's financial stability and creditworthiness.

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Discuss the feasible existence of the three forms of stock market efficiency in your country's stock exchange (25 marks). Sketch 1. Discuss the potential benefits and dangers of investing in emerging stock markets (

Answers

Efficient Market Hypothesis (EMH) is a theory that asserts that stock prices reflect all relevant information, making it difficult to outperform the market on a regular basis. There are three types of efficient market hypothesis: strong form efficiency, semi-strong form efficiency, and weak form efficiency.

1. Weak Form Efficiency:

Weak form efficiency, the weakest type of efficient market hypothesis, occurs when the current market price reflects all past market data, such as past prices and trading volume. Technical analysis, the study of past prices and volume in the hopes of predicting future market movements, is rendered useless in this environment. The weak form efficiency hypothesis is accepted in all countries with organized exchanges.

2. Semi-Strong Form Efficiency:

In semi-strong form efficiency, all publicly available information is reflected in stock prices, not only past market data, as in weak-form efficiency. This implies that analysts cannot outperform the market by merely collecting and analysing public information, such as earnings reports or news reports. The semi-strong form efficiency hypothesis is accepted in all countries with organized exchanges.

3. Strong Form Efficiency:

In strong form efficiency, stock prices reflect all public and private information, making it impossible to outperform the market consistently. Private information refers to information that is not available to the general public. The strong form efficiency hypothesis is not accepted by any country or market since there is always some insider information that can be used to gain an advantage over other investors.

Benefits and Dangers of investing in Emerging Stock Markets:

Benefits of investing in emerging stock markets:

-High Growth Prospects: Emerging markets have a lot of potential for growth.

-Higher Returns: Emerging markets have a lot of room for growth, which means there is a greater chance for high returns.

-Portfolio Diversification: Emerging markets can help diversify your portfolio and spread your risk across a variety of markets.

-Low Correlation: The correlation between emerging markets and developed markets is generally low.

Dangers of investing in emerging stock markets:

-Higher Risk: Emerging markets are more volatile than developed markets, which means there is a greater risk of losing money.

-Less Regulation: Emerging markets may not have the same level of regulation as developed markets.

-Currency Risk: Emerging markets have a higher level of currency risk. The value of the currency may be volatile, which could result in a loss of money.

-Political Risk: Political instability in emerging markets may lead to investment losses.

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Calculate the 2017 total tax for Gordon​ Geist, a single taxpayer without dependents and no itemized deductions. He has active income of ​$44 comma 000​, a​ short-term capital gain income of ​$2 comma 800 from the sale of​ stock, and ​$7600 from book royalties. What is​ Gordon's average tax​ rate?

Answers

Answer:

15.32%

Explanation:

Note: Attached as picture below is the missing table

Total gross income = Active income + Capital gains + Book royalty = $44,000 + $2,800 + $7,600 = $54,400

Standard deduction = $6,350

Exemption = $4,050

Taxable income = Total gross income - Standard deduction - Exemption = $54,400 - $6,350 - $4,050 = $44,000

Income tax due:

Over 37,950 but not over 91,900 - 5,226.25 plus 25% of the excess over 37,950

Income tax due = 5,226.25 + 25%*(44,000 - 37,950)

Income tax due = 5,226.25 + 25%*6050

Income tax due = 5,226.25 + 1512.5

Income tax due = $6,738.75

Average tax rate = Income tax due/Taxable income

Average tax rate = $6,738.75/$44,000

Average tax rate = 0.15315341

Average tax rate = 15.32%

Calculate the 2017 total tax for Gordon Geist, a single taxpayer without dependents and no itemized deductions.
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