Answer:
Explanation:
Account receivable 320,000 debit
Allowance 600 credit
Sales 900,000
1% incollectible:
900,000 x 1% = 9,000
The adjusting entry will be for 9,000
As the allowance is calculated for sales of the period, we expected 9,000 during the next period will become uncollectible. We need to recognize the full amount now, or later on, on a different period, we will be generating dab debt expense for this prior period.
Doing the full amount matches the period of the sales, with the uncollectible that could arise from these sales
Answer:
Your entertainment price index (EPI), might fall or rise, contingent on both the quantity of the goods that you bought and the prices of these goods.
Explanation:
Price index is used extensively to estimate changes in prices overtime and are also used to measure differences in costs among different areas of countries.
Answer:
The per-share value of Marston’s preferred stock should be $92
Explanation:
The computation of the per-share value of Marston’s preferred stock is shown below:
= (Annual Dividend rate) ÷ (yields generation) × 100
= (5.75%) ÷ (6.25%) × 100
= $92
We simply divide the Annual Dividend rate by the yields generation or we can say it is a required rate of return.
All other information which is given in the question is not relevant. Hence, ignored it
The answer top the question stated above is letter D. It would improve the economy's situation.
For F<span>riedrich Von </span>Hayek, less government intervention<span> meant more </span>economic freedom. He believed that if people are free to choose, then the economy runs more efficiently.
Thus, it would improve the economy's situation.
