Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. On December 31, the accounts receivable balance includes $21,000 from November sales and $51,000 from December sales. Assume that total sales for January are budgeted to be $59,000. What are the expected cash receipts for January from the current and past sales?
Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
Calculation of January Cash Receipts
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
What are the Fabrication Department's equivalent units of production related to conversion costs for July?
Answer:
94
Explanation:
The computation of the Fabrication Department's equivalent units of production related to conversion costs for July is shown below
Equivalent unit = Unit completed and transferred out + (ending work in process × percent completion)
= 74 + (20 × 100%)
= 94
Environmental scanning is conducted only when a new business is opened. True or False?
Factors that have led to dominance of subsistence production despite development in technology in Kenya
Answer:
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Journal Information
This distinguished journal was founded and edited for more than 20 years by the late Harold Marcus, whose energy and dedication to the scholarly study of Ethiopia and its neighbors in the Horn of Africa inspired several generations of students and scholars throughout the world. While Northeast African Studies will bring some changes in focus and format, the editors remain committed to the high standards of research, writing, and production that the original journal championed.
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Subsistence farming means the type of farming practiced in some region where majority of the crops and livestock being raised are used to maintain the farmer and his/her family.
Only the excess produce of Subsistence farming allows for sale or trade in the market.However, the dominance of subsistence production in some region such as Kenya and other part of Africa are caused by the following:
Low income in the family.Unemployment into labor force etc.Learn more about Subsistence production here
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Theo would like to apply formatting to record data based on values in comparison with values in other fields.
Which option should he use?
Conditional Formatting
Access Rules
Expression Builder
Field Validation Rules
Answer:
A
Explanation:
easy career question for you
Answer b
hope this helps
Which examples demonstrate common education and qualifications for Management and Entrepreneurship careers? Check all that apply.
Horatio is good at following instructions.
Marissa has strong visual design skills for arranging displays.
Letisha has a bachelor’s degree in marketing.
Quentin has many years of experience in public relations.
Devon is able to stand for long periods of time.
Lloyd is skilled at planning and managing budgets.
Answer:
3- Letisha has a bachelor’s degree in marketing.
4-Quentin has many years of experience in public relations.
6-Lloyd is skilled at planning and managing budgets.
Explanation:
The example that shows qualification are
Letisha bachelor’s degree in marketing.Quentin years of experience in PR.Lloyd skills at planning and managing budgets.What are management and enterpreneurship?Management and the entrepreneurship both terms refer to the part of administration of an organization that can be the business, the nonprofit, or even the government body.
Entrepreneurship is a process of discovering the new ways to combine resources. These resources have a greater value than the market.
Find out more information about the qualifications.
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A fast food restaurant that normally uses plastic utensils is considering switching to reusable metal utensils. In order to conduct a life-cycle analysis of waste the restaurant would a compare the daily waste generated from plastic utensils to the daily waste generated in by the metal utensils. . b compare the waste generated from plastic utensils to the waste generated from the production, use, and disposal of the metal utensils. c determine the cost of disposing of metal utensils versus the cost of disposing of plastic utensils. d compare the cost of plastic utensils to the cost of reusable utensils.
Answer:
the answer is Plastic reduces the transfer of thermal energy to hands holding the utensils.
Explanation:
Finance managers tend to be more customer centric than marketers.
True
False
Answer:
True
Explanation:
Answer: I really do believe it’s true.
Explanation:
Just a gut feeling, based off past studies i’ve done that somewhat relate to this.
1.4. Explain the role of financial markets in the economy.
Explanation:
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services. The combination of well-developed financial markets and institutions, as well as a diverse array of financial products and instruments, suits the needs of borrowers and lenders and therefore the overall economy.
If a loss from sale or exchange of property between related parties is disallowed and the property is subsequently sold to an unrelated party: a.The unrelated party may claim the loss previously disallowed. b.The disallowed loss is lost forever. c.The disallowed loss may be used to offset gain on the subsequent sale. d.An amended return may be filed to claim the loss previously disallowed. e.The disallowed loss may be used if there is a further loss on the subsequent sale.
Answer:
The disallowed loss may be used to offset gain on the subsequent sale
Explanation:
A recognized gain or loss is simply refered to as the gains or losses that increase or decrease the gross income of taxpayers.
The Internal Revenue Code (IRC) §267 had laid out rules guiding or relations to the deductions of either losses or expenses between 2 or more related parties.
The related-party loss disallowance rules states that tax laws significantly treat parties involved as though they are the same taxpayer and does not allow recognition of losses on sales to related parties and it may be able to forthrightly deduct the disallowed loss by selling the property to an unrelated third party at a gain and also oonly if the related buyer sells the property at a gain(the related-party buyer sells it for more than she purchased it for).
On the condition that the related-party buyer sells the property for less than her purchase price from the related seller, then disallowed loss expires unused.
functions of the economic commission for Africa.
Answer:
The main functions of the ECA include the study of problems of the economic and social development of the African countries, the promotion of the economic development of the African states, and the strengthening of their economic relations both with one another and with other countries.
The ECA's key responsibilities include researching problems of African countries' economic and social growth, fostering African states' economic development, and improving their economic relations with one another and with other countries.
For more information about this topic, you can always check out: https://encyclopedia2.thefreedictionary.com/Economic+Commission+for+Africa#:~:text=The%20main%20functions%20of%20the,another%20and%20with%20other%20countries.
Hope this helps; have a great day!
Do you think employees should be given a reason for being fired? Explain your answer.
Answer:
MOST DEFINETLY!!
Explanation:
If they never find out what they did wrong they can never learn from their mistake(s)! if your given a warning, that means to stop!
An employee who works from home is participating in what activity?
Answer:
TELECOMMUTING
Explanation:
Myra took a 20-year loan for $80,000 at an APR of 11.5% compounded monthly approximately what would be the total cost of her loan if you paid it off 13 years early
just dropped a file plus can you Brainliest me ?
Answer: 140,581.40
For me at least^
Explanation: Good Luck! :)
A nation that has a comparative advantage in producing a good or service compared to
another nation can produce that good or service with a lower
O Efficiency
O Profit
O Resource cost
O Opportunity cost
Answer:
Opportunity cost
Explanation:
A country is said to have a comparative advantage in producing a good, if it has a lower opportunity cost of producing that good in comparison to the other country. For instance if the opportunity cost of producing Wheat in U.S is 2. While that in China is 1. It shows that China has a comparative advantage in producing wheat as compared to the U.S.
So a nation that has a comparative advantage in producing a good or service compared to the other nation can produce that good or service with a lower opportunity cost.
Efficiency, Profit and Resource cost are not directly related to comparative advantage. Although efficiency can contribute towards lower opportunity cost but it is not a scale used for international trade.
Thus, lower opportunity cost is the best alternative.
Other than the requirement that has been
describe Two other criteria that are in
bachelor degree studies
021
Answer:
point system
Explanation:
need credentials and lots of point being that there's a point system
The two requirements for getting admitted to study for a Bachelor's Degree are:
Some schools usually administer admission tests or exams. This is true for Universities where admission is very competitive. When a student passes these exams, it increases their chances of getting admitted.
Extracurricular Activities and AdmissionMany colleges in the US see sports (especially basketball) as one of the strategies that help them remain relevant. Such schools, during admission, will favor students who are exceptionally talented in such sports or their preferred extracurricular activity.
See the link below for more about Bachelor Degree:
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