The balance sheet of Ayayai Company at December 31, 2019, includes the following. Notes receivable $45,600 Accounts receivable 183,100 Less: Allowance for doubtful accounts 21,200 $207,500 Transactions in 2020 include the following. 1. Accounts receivable of $142,400 were collected including accounts of $66,000 on which 3% sales discounts were allowed. 2. $6,210 was received in payment of an account which was written off the books as worthless in 2019. 3. Customer accounts of $21,400 were written off during the year. 4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of $22,900. This estimate is based on an analysis of aged accounts receivable.
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Business, 22.06.2019 18:50
)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs
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Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
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Business, 22.06.2019 20:20
Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.
Answers: 3
Business, 22.06.2019 20:50
Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?
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The balance sheet of Ayayai Company at December 31, 2019, includes the following. Notes receivable $...
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