The static-budget variance of contribution margin is $32,000 unfavorable. The correct option is D, $32.000 unfavourable.
This is calculated as follows:
Static-budget variance of contribution margin = (Actual contribution margin - Budgeted contribution margin)
= ((Actual units sold x Actual selling price per unit - Actual variable costs) - (Budgeted units sold x Budgeted selling price per unit - Budgeted variable costs))
= ((177,000 units x $24 per unit - $1,090,000) - (184,000 units x $24 per unit - $1,290,000))
= ($4,248,000 - $1,090,000) - ($4,416,000 - $1,290,000)
= $3,158,000 - $3,126,000
= $32,000 unfavorable
Therefore, the static-budget variance of contribution margin is $32,000 unfavorable.
Therefore, the correct option is D, $32.000 unfavourable.
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In the context of the Project Evaluation and Review Technique (PERT), which of the following is true of the beta probability distribution approach?
a. It is rigid in characterizing the distribution of times.
b. It describes the inherent similarity in the optimistic, most probable, and pessimistic time estimates.
c. It forces activity times to a symmetric normal probability distribution.
d. It allows managers to identify the best case, worst case, and most likely case for activity times.
In the context of the Project Evaluation and Review Technique (PERT), the beta probability distribution approach allows managers to identify the best case, worst case, and most likely case for activity times. Option D is the correct answer.
Unlike the normal distribution, the beta distribution approach is flexible in characterizing the distribution of times and can describe the inherent similarity in the optimistic, most probable, and pessimistic time estimates. Therefore, it is widely used for modeling the uncertain activity times in PERT analysis and helps managers to better estimate the time needed to complete a project.
Thus, option D is the correct answer.
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While you were visiting London, you purchased a Jaguar for £35,000, payable in three months. You have enough cash at your bank in New York City, which pays 0.35% interest per month, compounding monthly, to pay for the car. Currently, the spot exchange rate is $1.45/£ and the threemonth forward exchange rate is $1.40/£. In London, the money market interest rate is 2.0% for a three-month investment. There are two alternative ways of paying for your Jaguar.
a. Keep the funds at your bank in the U.S. and buy £35,000 forward.
b. Buy a certain pound amount spot today and invest the amount in the U.K. for three months so that the maturity value becomes equal to £35,000
Evaluate each payment method. Which method would you prefer? Why? (10 marks)
The best way to evaluate the payment methods would be to find the cost of each method of payment. As per the given terms, the two alternative ways of paying for your Jaguar are:
a. Keep the funds at your bank in the U.S. and buy £35,000 forward.
b. Buy a certain pound amount spot today and invest the amount in the U.K. for three months so that the maturity value becomes equal to £35,000
Method 1: Keep the funds at your bank in the U.S. and buy £35,000 forward.
The forward exchange rate is $1.40/£. Therefore, it would cost $1.40 * £35,000 = $49,000 to buy £35,000 forward in 3 months. In addition, the opportunity cost of holding the money in the US is: 0.35% * $35,000 * 3 = $367.5. Therefore, the total cost of buying £35,000 forward would be $49,000 + $367.5 = $49,367.5.
Method 2: Buy a certain pound amount spot today and invest the amount in the U.K. for three months so that the maturity value becomes equal to £35,000.
The spot exchange rate is $1.45/£. Therefore, it would cost $1.45 * £35,000 = $50,750 to buy £35,000 spot today. In London, the money market interest rate is 2.0% for a three-month investment. Therefore, the future value of $50,750 invested for 3 months in London would be: $50,750 * (1 + 2.0% * 3/12) = £51,559.31.
Therefore, the total cost of buying a certain pound amount spot today and investing the amount in the U.K. for three months so that the maturity value becomes equal to £35,000 would be £51,559.31 * $1.40/£ = $72,183.03.
Hence, Method 1 is cheaper than Method 2. Therefore, I would prefer Method 1.
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If an agency's qualifying new business premium is ____ than the set minimum in a given month or quarter in the prior year, that agent's baseline will be increased to the minimum baseline that month or quarter.
Answer:
lower
Explanation:
If the premium set is below the minimum threshold then agent baseline will be increased. This is because the commission of an agent is based on the percentage of the premium. If the premium amount is lower then the commission will also be lower resulting in the agent baseline to decrease.
page(s) 398-399 12.2 what is the solow growth model? seth is trying to decide how many workers is the optimal amount at his factory, which produces artisan-crafted grooming products. he observes the following: when there is one worker, 10 hairbrushes are produced daily. when there are two workers, 16 hairbrushes are produced daily. when there are three workers, 20 hairbrushes are produced daily. what is the marginal product of the third worker?
An exogenous model of economic growth, the Solow Growth Model examines how population growth, savings growth, and technological advancement rates affect changes in an economy's output level over time.
What is the graph of the Solow growth model?
The Solow line graph exemplifies the model's concept. The graph has an x-axis, a y-axis, and three lines. One line represents depreciation, another represents savings or investments, and yet another represents output per laborer or individual within the labor force. The lines converge at the country's steady state.
Calculation:
The marginal product of each additional labor unit can be calculated by dividing the total change in output by the change in labor.
Change in output after adding a third labor unit = 20-16 = 4.
Change in output / Change in labor = Marginal product
4 / 1 = 4 units are the marginal product.
As a result, the marginal product of the third labor unit equals four hairbrushes.
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What is the marginal cost of a good ?
The marginal cost of a good is the cost associated with producing one additional unit of that good. It represents the incremental cost of producing an additional unit of a product or service, and is calculated by taking the total cost of production and dividing it by the number of units produced. For example, if it costs a company $100 to produce 10 units of a product, the marginal cost of each additional unit would be $10.
Suppose Wacken, Limited, just issued a dividend of $1.85 per share on its common stock. The company paid dividends of $1.50, $1.59, $1.66, and $1.77 per share in the last four years.
a. If the stock currently sells for $45, what is your best estimate of the company's cost of equity capital using the arithmetic average growth rate in dividends? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. What if you use the geometric average growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
a. Cost of equity____%
b. Cost of equity____%
The Cost of equity using the arithmetic average growth rate in dividends is 9.16% and using the geometric average growth rate in dividends is 8.84%
.a. Cost of equity using the arithmetic average growth rate in dividends:Given dividend payout:$1.50, $1.59, $1.66, $1.77, $1.85Given Selling price of stock, P=$45We need to estimate the cost of equity. It can be found using the Gordon Growth Model formula:g = (D1 / P) + g, whereg = the company's annual dividend growth rate,D1 = the expected dividend in one year from now,P = the current stock priceWe can estimate the growth rate using the arithmetic average growth rate formula:
Arithmetic average growth rate = [($1.85/$1.50)^(1/4)] - 1Arithmetic average growth rate ≈ 5.58%Expected dividend in one year = $1.85 (Given in question)Cost of equity capital = [($1.85 / $45) + 5.58%] x 100%Cost of equity ≈ 9.16%b. Cost of equity using the geometric average growth rate in dividends:Geometric average growth rate = [(1.50 x 1.59 x 1.66 x 1.77 x 1.85)^(1/5)] - 1Geometric average growth rate ≈ 5.44%Cost of equity capital = [($1.85 / $45) + 5.44%] x 100%Cost of equity ≈ 8.84%
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What does franchisor mean?
A.
a person who allows another person to use a brand name for a fee
B.
a person who rents one of the units of a hotel chain
C.
a person who owns a hotel chain and rents out a unit for a fee
D.
a person who obtains permission to use a brand name for a fee
Answer:
The correct answer is C) A person who owns a hotel chain and rents out a unit for a fee.
Answer:
The answer should be A
Explanation:
explain socialism, capitalism and mixed economy with their features advantages and disadvantages
What common tasks are performed by Manufacturing workers? Check all that apply.
preparing meals for factory workers
selling manufactured products
creating advertisements for products
designing products and processes
operating machinery
interpreting instructions
lifting and moving materials
Answer:
4 5 6 7
Explanation:
got it right on edge
Answer:
4. designing products and processes
5. operating machinery
6. interpreting instructions
7. lifting and moving materials
Explanation:
edge 2021 :)
stay safe and good luck <3
8300 dollars is placed in an account with an annual interest rate of 6. 5%. How much will be in the account after 14 years, to the nearest cent?.
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
The interest is the amount that is paid by the party at the annual rate of interest for a given period on the principal amount.
Computation for Amount after 14 yearsThe interest (I) added to the amount is given as:
\(I=\dfrac{P\;\times\;R\;\times\;T}{100}\)
The given principal amount, \(P=8300\;\\)
The rate of interest is, \(R=6.5\;\%\)
The time for the interest is, \(T=14\;\rm years\)
Substituting the values for the interest,
\(I=\dfrac{8300\;\times\;6.5\;\times\;14}{100}\\ I=7553\; \\)
The amount of interest added to the base amount after 14 years is, $7553.
The total amount in the account after 14 years is:
\(\rm Total\;amount=Principal\;amount\;+\;Interest\\\\Total\;amount=8300\;+\;7553\;\$ \\\\Total amount=15,853\;\\)
The amount in the bank after the period of 14 years at 6.5 % interest is $15,853.
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If an inexpensive alternative to oil were found, the price of oil adjusted for inflation:
a. would decline as the alternative would reduce the demand for oil
b. would decline as the alternative would reduce the supply of oil
c. would increase as the alternative would increase the demand for oil
d. would increase as the alternative would increase the supply of oil
The correct answer is A. If an inexpensive alternative to oil were found, the price of oil adjusted for inflation would decline as the alternative would reduce the demand for oil.
The discovery of an inexpensive alternative to oil would lead to a decrease in the demand for oil as consumers and industries would switch to the alternative. The reduction in demand for oil would lead to a decrease in its price adjusted for inflation, as there would be a surplus of oil in the market. The decrease in price would make it harder for oil companies to compete with the alternative, leading to further decreases in demand for oil.
However, it is important to note that the extent of the price decline would depend on the availability and affordability of the alternative to oil. If the alternative is not widely available or affordable, the price of oil may not decline as much. Additionally, other factors such as geopolitical events and changes in supply and demand for oil in different regions can also affect the price of oil.
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the expansion path shows how a. the cost-minimizing input choices change as the firm's output level changes. b. the profit-maximizing input choices change as the firm's output level changes. c. the cost-minimizing input prices change as the firm's output level changes. d. input prices change as the firm's output level changes. e. the marginal products change as the firm's output level changes.
The expansion path shows how input prices change as the firm's output level changes.
A graph called the expansion route demonstrates how an organization's cost-minimizing input mix changes as it increases production. It maps out the isocost lines' and isoquants' tangent points. An expansion path offers a long-term perspective on a company's production choice and can be used to develop its long-term cost curves.
An expansion path offers a long-term perspective on a company's production choice and may be used to develop its long-term cost curves. The expansion path depends on how the firm alters its input mix because we define the long run as the period of time during which a firm can change all of its inputs, including the capital.
Hence the correct option is D
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Benny surveyed a group of individuals from diverse backgrounds regarding his company's latest advertisement. He found that the part that most of the individuals remembered about the advertisement was the joke. Which feature of advertisements have the individuals in bennys survey group depicted ?
Answer:
B). Ad recall
Explanation:
The 'ad recall' feature of the advertisement is being displayed in Benny's survey group as it aims to evaluate the number of people who remembered the latest advertisement of his company within the two days of the display. The survey primarily aims to check how memorable was their advertisement to the people to check if the advertisement was effective enough and able to create desired impact or not. Thus, option B is the correct answer.
Answer:
B. ad recall
Explanation:
For all Plato users
How do any of these life decision problems
Answer:
baseially you are putting in a person is affecting your life. you come up with a solution. write a postive way to solve it then right a negavitve way to solve it. then write when you are going to solve your problem. then the steps that are needed.
explain the working mechanism of syringe with clear diagram
Pressure is used to operate a syringe. It is usually fitted with a hypodermic needle, nozzle, or tubing to help direct the flow into and out of the barrel. Plastic and disposable syringes are often used to administer medications.
Pressure is used to operate a syringe. It is usually fitted with a hypodermic needle, nozzle, or tubing to help direct the flow into and out of the barrel.
What is a syringe?A syringe is a simple reciprocating pump that consists of a plunger that fits snugly inside a cylindrical tube known as a barrel. The plunger can be pulled and pushed along the inside of the tube, allowing the syringe to take in and expel liquid or gas through a discharge orifice at the tube's front end.
A syringe is a type of pump that consists of a sliding plunger that fits tightly inside a tube. Pulling and pushing the plunger inside the precise cylindrical tube, or barrel, allows the syringe to draw in or expel a liquid or gas through an orifice at the open end of the tube. Medication is frequently administered using plastic and disposable syringes.
Therefore, the working mechanism of syringe is explained with clear diagram.
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A person performs a cost-benefit analysis in order to:
O A. calculate the expenses of multiple businesses competing in the
same market.
B. analyze economic data to resheh general conclusions about a
country's economy.
C. evaluate the possible positive and negative effects of different
economic decisions.
D. determine the tax rates a business will pay depending on its
profits in a year.
Which one of the following statements is true regarding the duration of a zero- coupon bond? it will be greater than the duration of a coupon bond with the same maturity. it is impossible to determine. C) it will be less than the duration a coupon bond with the same maturity. D. It will be equal to the duration of a coupon bond with the same maturity. Which one of the following is a disadvantage of convertible bonds? Their exposure to upside movements in the stock price. Convertible yields are less than straight bond yields of similar risk and maturity. C) A lack of downside protection for the investor. D) Convertibles are not callable and must be held to maturity
Regarding the duration of a zero-coupon bond compared to a coupon bond with the same maturity, the correct statement is: C) it will be less than the duration of a coupon bond with the same maturity. One of the disadvantages of convertible bonds is C) a lack of downside protection for the investor.
The duration of a bond measures its sensitivity to changes in interest rates. Zero-coupon bonds, also known as discount bonds, do not pay periodic interest payments like coupon bonds. Since zero-coupon bonds do not have coupon payments, their cash flows are concentrated at maturity, resulting in a shorter duration compared to a coupon bond with the same maturity. The absence of coupon payments reduces the duration of zero-coupon bonds.
Convertible bonds are hybrid securities that give bondholders the option to convert their bonds into a predetermined number of shares of the issuer's common stock. While this conversion feature offers potential upside if the stock price rises, it also exposes investors to the downside risk of the stock. If the stock price declines, the value of the convertible bond may decrease, resulting in losses for the investor. Unlike traditional bonds, convertible bonds do not provide explicit downside protection, making them riskier in terms of potential losses.
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In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover
Answer:
In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value. Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.
Do you think every working American needs a 401(k) account or an IRA? Why or why not?
No links
Need ASAP
Answer:
Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.
There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.
However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.
Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.
At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, she earned $82. On Thursday, she earned $78. How much must Polly earn on Friday, to have average earnings of $75 a day?
Answer:
Your answer is that she needs to earn $148 on Friday
Explanation:
Calculate Average:
(67 + 82 + 78) / 4 = 56.75 (Remember 67 is worth Monday and Tuesday)
We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.
5 x 75 = 375
67 + 82 + 78 = 227
375 - 227 = 148
(67+82+78+148) / 5 = 75
Your answer is that she needs to earn $148 on Friday
douglas pays selena $43,300 for her 30% interest in a partnership with net assets of $127,900. following this transaction, douglas's capital account should have a credit balance of a.$43,300 b.$127,900 c.$12,990 d.$38,370
Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.
Douglas's Capital account balance
= Net assets x30%
= $127,900 x 30%
= $31,875
Therefore, Douglas's capital account should have a credit balance of $38,370
A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.
The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.
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Can you give me 20 examples of nonverbal communication?? Pleasee
Answer:
Smiles, frowns, waves, middle finger, thumbs up, thumbs down, peace sign, grunt, sigh, raised eyebrows, wrinkled brow, wink, sticking out your tongue, flexing, closing your eyes, nodding your head, shaking your head, tilting your head, licking your lips.
Explanation:
All non verbal, yet speak volumes.
Explain the concept of an opportunity cost with an appropriate example
Answer:
Explanation:
Opportunity cost is an economics tool that is useful in the process of making a choice of goods and services in order to ensure that scarce resources are used efficiently.
The opportunity cost of a product or service is the name given to an income that could be earned when such product or service is put to an alternative use.
It can also be described as the cost of the alternative forgone to achieve a particular product or service
For an example , if a student decides to give up on watching a movie to study for his exam , the opportunity cost of the exam is the cost and pleasure related to the movie
The exchange rate for a stable country:
-remains the same unless there is political change.
-changes based on supply & demand
-is based on the U.S. Dollar.
-is based on gold.
Answer:
The exchange rate for a stable country:
Explanation:
The exchange rate of a stable economy changes based on the market forces of demand and supply. The demand and supply for a country's currency will be influenced largely by prevailing economic conditions in that country. Political and other social reasons will not affect the exchange rate of the country.
An increase or decrease of a country's products in the international market is one of the reasons for an increase or decrease in the demand for its currency.
with respect to float managment, which one of the following statements ia true?
a. Float management is the practice of speeding up the disbursement of cash. b. An objective of float management is the elimination of disbursement float. c. An objective of float management is to reduce float by reducing sales. d. Firms prefer net disbursement float over net collection float. e. Float management is no longer needed
The true statement is "An objective of float management is the elimination of disbursement float."The correct answer is option B.
Float management refers to the process of effectively managing the time gap between the outflow and inflow of funds in a company. Disbursement float specifically refers to the delay between the time a company initiates a payment and the time the funds are actually deducted from its bank account.
Efficient float management aims to minimize the duration of disbursement float. By doing so, companies can optimize their cash flow and reduce the opportunity cost associated with holding funds that could be used for other purposes.
Eliminating or reducing disbursement float allows businesses to have better control over their cash position and potentially utilize the funds for investment, debt reduction, or other financial activities.
However, it's important to note that while minimizing disbursement float is desirable, it does not imply reducing sales or neglecting the importance of collection float.
Collection float refers to the time it takes for funds to be collected after a sale. Effective float management involves striking a balance between minimizing both disbursement and collection float to maintain a healthy cash flow.
In conclusion, float management remains a crucial aspect of financial management for companies, with the objective of minimizing disbursement float, among other considerations.
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Explain why the scenario below does or does not meet the definition of successful leadership. Situation: Barbara is the owner of a coffee shop. Two of her employees disagree on the best way to order the right amount of coffee. Barbara: "I've developed ordering software that uses our sales history to establish an average amount of coffee that we will order each week. This way we won't order too little and run out or order too much and have waste." Employee #1: "That makes sense." Employee #2: "I think that's a good idea."
Answer:
Some of the characteristics of successful leaders are that they must be able to direct, guide and commit their employees. In this example, Barbara is just doing that, she is telling her employees what will be done in a way that they both agree upon and believe it is a good option.
She was able to stop an argument that could eventually lead to more serious problems within the organization and provided a solution that satisfied both parties.
Create a perfume overview. The brand name is Kelly.
Emma is a biomedical engineer who designs robots that perform intricate surgeries. Into which two career clusters that we have considered so far could Emma’s job fall? Give a reason for your choices.
Answer:
1. Information Technology
2. Health services
Explanation:
1. Information Technology
The Information Technology cluster is for web designers, network administrators, developers, and other computer specialists. As the title suggests, careers in this cluster revolve around computer technology. Professionals in the cluster include computer science teachers, software engineers, and computer forensic experts.
Emma designs robots. Robots are machines and not computers. The kind of robots that Emma designs requires computer programming to perform intricate surgeries. Emma has information technology skills that enable her to program the robots.
2. Health services
The cluster is composed of nurses, doctors, pharmacists, paramedics, and healthcare operators. Workers in the cluster are centered around hospitals, chemists, pharmacies, and clinics. Designing a robot that performs surgeries will require surgical skills. Emma has the know-how of intricate surgeries; that's how she can design a robot that can do so.
1.Health services companies
2.Information Technology companies
1.Health services companies
It is a service that provides all the medical treatment , setups and care to the people of a country or a particular group . the health service company have a well facilated Laboratories and surgical corners where people can get the medical checkups and surgeries properly . Emma is a biomedical engineers so she may work into this company so as to serve his Robo in the surgical practices if it not harms the human .
2.Information technology companies
it is the branch of company which which is generally known for their computers devices and all the robotics and mechanical machines . Emma can also work in this company because he is a mechanical engineer .
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Which of the following transactions does not affect gross profit?
There are a few transactions that do not affect gross profit. Let's take a look at each of these transactions below:Transaction #1: Payment of Salaries and WagesThis transaction does not affect gross profit. Salaries and wages are part of operating expenses, which are subtracted from the gross profit to arrive at the net profit.
Sale of Fixed Assets The sale of fixed assets does not affect gross profit. The sale of fixed assets may result in either a gain or loss depending on the sales price and the carrying value of the fixed asset.Transaction #3: Purchase of Raw MaterialsThe purchase of raw materials is part of the cost of goods sold (COGS), which is deducted from the revenue to arrive at the gross profit.
Therefore, this transaction affects gross profit.Transaction #4: Collection of Accounts ReceivableThe collection of accounts receivable does not affect gross profit. The collection of accounts receivable reduces the accounts receivable balance, which is an asset account. There is no impact on the gross profit from this transaction.
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Which of the following is NOT Considered personal information?
O a) Social Security number
Ob) Date of Bith
Oc) Place of employment
O d) Credit card number
Answer: NOne of the above. Or C Place of employement
Explanation:
The personal information that does not consider is the place of employment.
The following things should be considered for personal information:
The number of social security.The date of birth.The credit card number.Personal information refers to the information that does not share with anyone as it is safe and secure data that should be kept with the person only.
Therefore we can conclude that the personal information that does not consider is the place of employment.
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