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2 years ago

6

The parenting style that can be described as firm and flexible is called __________. A. permissive B. authoritative C. authorita

rian D. brick wall Please select the best answer from the choices provided A B C D brainly

2 answers:

balu736 [363]2 years ago

7 0

Answer:

a

Explanation:

marishachu [46]2 years ago

4 0

The correct answer is B.) authoritative

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Assume the following data for Lusk Inc. before its year-end adjustments: Debit CreditSales $3,600,000 Cost of Merchandise Sold $

lys-0071 [83]

Answer:

a. Estimated customer allowances

December 31, 202x. estimated customer allowance

Dr Sales 27,900

Cr Customer refunds payable 27,900

total estimated refunds payable = $3,600,000 x 0.8% = $28,800 - $900 (account balance) = $27,900

b. Estimated customer returns

December 31, 202x. estimated customer returns

Dr Estimated returns inventory 13,200

Cr Cost of merchandise sold 13,200

total estimated returns $15,000 - $1,800 = $13,200

Explanation:

Sales $3,600,000

Cost of Merchandise Sold $2,100,000

Estimated Returns Inventory $1800

Customer Refunds Payable $900

Estimated cost of merchandise that Will be returned in the next year $15,000

Estimated percent of refunds for current year sales 0.8%

3 0

2 years ago

Built-Tight is preparing its master budget for the quarter ended September 30. Budgeted sales and cash payments for product cost

Inessa05 [86]

Answer and Explanation:

The Preparation of cash budget for each of the months of July, August, and September is shown below:-

Cash budget

For the month of July, August and September

July August September

Beginning cash balance $15,000 $15,000 $25,505

Cash receipts from

customer (Working note) $57,800 $67,200 $73,600

Total cash available $72,800 $82,200 $99,105

Less:

Cash disbursements

Direct Materials $16,160 $13,440 $13,760

Sales commission $6,400 $8,000 $4,800

(10% of sales)

Office salaries $4,000 $4,000 $4,000

Rent $6,500 $6,500 $6,500

Direct Labor $4,040 $3,360 $3,440

Overhead Cost $20,200 $16,800 $17,200

Interest on bank loan

For July (5,000 × 1%) $50

For August $46

($5,000 - $4,550) × 1%))

For September $0

Preliminary Cash

balance $15,450 $30,055 $49,405

Repayment of loan to

Bank $450 $4,550

($5,000 - $450)

Ending cash balance $15,000 $25,505 $49,405

Working Note

The ending balance of the particular month should be treated as a opening balance of next month

August ending balance will be forwarded in Sept as a opening balance.

Working Note

July August September

Sales $64,000 $80,000 $48,000

Less:

Ending accounts

receivable

(80% of sales) $51,200 $64,000 $38,400

Cash sales $12,800 $16,000 $9,600

Last month cash

collection $45,000 $51,200 $64,000

Cash receipts from

customer $57,800 $67,200 $73,600

Therefore we added the cash receipts as it increase the cash balance and deduct all cash payment as it decrease the cash balance

7 0

2 years ago

A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $125,374.6

tatyana61 [14]

Answer:

NPV is positive,the project should be accepted

Explanation:

In determining whether or not the project should be accepted ,we need to ascertain the Net Present value of the project which is present value of cash inflows of $13,000 for 35 years minus the initial investment of $125,374.60 committed today.

The annuity factor for 8% for 35 year horizon is 11.6546 using annuity table.

Present of cash inflow=cash inflow*annuity factor=$13,000*11.6546=$151,509.80

Net present value=$ 151,509.80-$125,374.60=$ 26,135.20

The investment has a positive NPV,hence should be accepted

4 0

2 years ago

It takes a lawyer 120 minutes to serve one customer. Demand is 2 customers per eight-hour day. The lawyer has a wage rate of $20

Elanso [62]

Answer:

$800 per customer

Explanation:

As demand is two customers per eight-hour day, one customer comes in 4 hours interval.

However, the lawyer takes 120 minutes or 2 hours to serve a customer. Although he takes 2 hours to serve one customer, he will receive eight-hours wages because of his efforts.

The cost of direct labor for the lawyer in one hour = $200 per customer

The cost of direct labor for the lawyer in four-hour = ($200 × 4 hours) per customer

= $800 per customer.

He will receive 4 hours of wages as the customers come in after 4 hours.

3 0

2 years ago

Jon consulted with an accountant to prepare his tax return. He recommended the accountant to his friend saying that this year, t

miss Akunina [59]

Answer:

Jon's conclusion is not valid.

Explanation:

To a particular extent the tax to be paid by a person can be minimum 0. It can never happen that the tax is negative and tax department pays back to the client, with no tax liability.

Jon contends that from the previous year the tax paid by him is less by 150%, which cannot be true as the tax amount can be reduced by 100% making tax = 0.

Assuming tax paid last year = $100

Tax paid in current year = $100 - $100 $\times$ 150%

= $100 - $150 = -$50

It means tax paid is negative $50, that concludes tax department paid $50 to Jon, which cannot be true.

Thus, Jon's conclusion is not valid.

8 0

2 years ago