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2 years ago

Which of the following is not an example of a barrier to entry?

1 answer:

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Answer: A college student starts a part-time tutoring business is not an example of a barrier to entry.

This is not an example of barrier to entry since in this particular case others students can easily utilize the same opportunity and enter into this particular business. In this case there is no legal barriers so that others cannot enter or exit into this industry or business.

Therefore the correct option is (d).

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Mazie Supply Co. uses the percent of accounts receivable method. On December 31, it has outstanding accounts receivable of $127,

Zepler [3.9K]

Answer:

Journal entries

(a)

Dr. Bad Debt Expense $4,207

Cr. Allowance for Doubtful Accounts $4,207

(b)

Dr. Bad Debt Expense $5,737

Cr. Allowance for Doubtful Accounts $5,737

Explanation:

Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.

Closing Value of the Allowance for Doubtful Accounts will be as follow

Closing Balance = $127,500 x 5% = $6,375

(a)

As Allowance for Doubtful Accounts already have balance of $2,168, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $6,375 at the year end.

Adjustment Value = $6,375 - $2,168 = $4,207

(b)

As Allowance for Doubtful Accounts already have balance of $638, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $6,375 at the year end.

Adjustment Value = $6,375 - $638 = $5,737

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2 years ago

Maria, age 28, wants to pay no more than $300 a year in life insurance. What is the face value of the largest 20-year term polic

VMariaS [17]

Answer:

Explanation:

Net Cost of Life Insurance Premium : Life insurance policy entails Premium to be paid by the insured at a monthly / quarterly interval. insured often gets dividend from the insurance company and in that case, the net cost of premium will be low

The 20 years premium can be calculated with Annual Premium which is not given in the question, therefore i will solve for all the option but please pick the answer that the Annual premium is with you

a) 20 years premium = Annual Premium x Number of years

= 11700 x 20

= 234,000

b) 20 years premium = Annual Premium x Number of years

= 7900 x 20

= 158,000

c) 20 years premium = Annual Premium x Number of years

= 550 x 20

= 11,000

d) 20 years premium = Annual Premium x Number of years

= 28350 x 20

= 567,000

7 0

1 year ago

On January 1, 2019, Shay Company issues $400,000 of 10%, 12-year bonds. The bonds sell for $391,000. Six years later, on January

noname [10]

Answer:

$9,000

Explanation:

The computation of the amount of the discount on the bonds at issuance is shown below:

= Par value of the bond - issued price of the bond

= $400,000 - $391,000

= $9,000

By deducting the issued price of the bond from the par value of the bond we can get the discount amount on issuance of the bond and the same is applied above

4 0

2 years ago

The variety of Riverside Ranger logo T-shirts includes 12 different designs. Setup between designs takes one hour (and $18,000),

cluponka [151]

Answer:

The production exhibit both scope economics and scale economics. They are not mutually exclusive.

Explanation:

Looking at the scenario critically, we will clearly see the tendency of a scope economics. Scope economics basically hinges on getting a competitive advantage, essentially because of producing in large quantities and numbers. Riverside Ranger logo T-shirts exhibits this as it produce its products in large numbers, producing 1000 pieces of a particular design in 1 hour.

In same breath, we also have the scale economics exhibited by the organization. Taking a deeper look at the cost representation, we will see that the average cost tend to reduce as the production increases. Thus, an economic of scale is achieved here by leveraging on the mass and swift production style of Riverside Rangers logo T-shirts.

7 0

2 years ago

List and describe the three communities of interest that engage in an organization’s efforts to solve InfoSec problems. Give two

USPshnik [31]

Answer:

List Of Communities Interest that engage in an organization's effort.

1) Information Security Community

2) Information Technology Community

3) General Business Community

Explanation:

1) Information Security Community: This community protects the organization information assets from many threats they face. Example: This community comprises of the IT Professionals, Chief information security officer, and managers who bear the responsibility to secure the information.

2) Information Technology Community: This community supports the business objectives of the organization by supplying and supporting IT that is appropriate to the organization needs. Examples: IT Professionals, Chief information officer, and managers who acts as providers of information technologies.

3) General Business Community: This community articulates and communicates organizational policy and objectives and allocates resources to the other group. This community includes: Non-IT Professionals, Users and Managers.

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2 years ago