P controllers are mainly utilized in first-order processes with a single energy storage unit to stabilize the unstable process.
The primary function of a P controller is to decrease the steady-state error of the system. However, it is worth noting that even if the proportional gain factor k is increased, the P control cannot fully eliminate the steady-state error of the system. It can only reduce it.
The steady-state error of the system is inversely proportional to the proportional gain factor k. This means that if the proportional gain factor k is increased, the steady-state error of the system decreases. Increasing the proportional gain k decreases the amplitude and phase margin, making the controller more susceptible to noise and providing faster dynamics that satisfy a larger frequency range. The P controller should only be utilized when the system can withstand a constant steady-state error.
Applying a P controller can lower the rise time, and after a certain reduction in the steady-state error, increasing k will only result in an overshoot of the system response. If the P controller is too aggressive in the presence of lags and/or dead time, it can cause oscillation.
The more lags (lower order), the more challenging it becomes. Additionally, P control directly amplifies the process noise.
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True or false: Personality tests tend to be the best and most useful way to assess someone's personality due to its objectivity and lower potential for bias/human error.
This Andrew is True because personality tests tend to be the best and most useful way.
Answer:
True!
Explanation:
By learning and observing different peoples personalities you can often learn how they're going to act in certain situations.
Ouestion 2
EloMax Company Ltd has carried out some research that shows that the business could
provide a standard service that it has recently developed. Provision of the service would
require investment in a machine that would cost GHé100,000, payable immediately. Sales of
the service would take place throughout the next five years. At the end of that time, it is
estimated that the machine could be sold for GH€20,000.
Inflows and outflows from sales of the service would be expected to be as follows:
Time
Immediately
1 years' time
2 years' time
3 years* time
4 years' time
5 years' time
5 years' time
Cost of machine
Operating profit before depreciation
Operating profit before depreciation
Operating profit before depreciation
Operating profit before depreciation
Operating profit before depreciation
Disposal proceeds from the machine
GHé000
(100)
20
40
60
60
20
20
EloMax Ltd has acceptable payback period of 3 years and expected returns on investment of
45%. It also uses straight-line method to depreciate fixed assets.
Advise the company whether or not to undertake the investment using the following appraisal
techniques:
a) Accounting Rate of Return (ARR)
[3marks]
b) Payback Period (PBP)
[3marks]
c) Net Present Value (NPV). Assume a discount rate of 10% per annum. I4marks]
Total marks 101
Since the ARR (4.8%) is below the expected return on investment (45%), the company should not undertake the investment.
How to solvea) Accounting Rate of Return (ARR)
ARR = (Average Annual Profit / Initial Investment) x 100
Average Annual Profit = (Operating Profit Before Depreciation - Annual Depreciation) * Years + Disposal Proceeds / Years
Annual Depreciation = (Initial Investment - Residual Value) / Years = (100,000 - 20,000) / 5 = 16,000
Average Annual Profit = (20+40+60+60+20 - 5*16,000) / 5 = 24,000 / 5 = 4,800
ARR = (4,800 / 100,000) x 100 = 4.8%
Since the ARR (4.8%) is below the expected return on investment (45%), the company should not undertake the investment.
The Payback Period (PBP), calculated as the amount of time taken to recuperate the primary investment, is two years in addition to sixty-seven hundredths of a year due to cumulative cash flows.
During the initial year, funds amounting to $20,000 were gained, increasing to $40,00 and then further expanding to $60,000 during consecutive periods.
Cumulative cash flows revealed that $80,000 was offset within the first year, followed by figures between negative-$40,000 and positive-$20,000 as future financial occurrences descended to greater proportions than past earnings.
Despite this discovery, an estimated PBP remained quantified at 2.67 years, thereby closely adhering to a prescribed period of three years for acceptable rates of return on such investments made by the company.
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how to find comparative advantage
Comparative advantage is usually measured in opportunity costs, or the value of the goods that could be produced with the same resources. This is then compared with the opportunity costs of another economic actor to produce the same goods.
Economics makes a speciality of the behaviour and interactions of financial retailers and how economies work. Microeconomics analyzes what is regarded as primary factors within the financial system, consisting of character retailers and markets, their interactions, and the effects of interactions. individual sellers can also consist of, for instance, households, corporations, buyers, and dealers. Macroeconomics analyzes the economic system as a machine wherein production, intake, saving, and funding interact, and elements affecting it: employment of the assets of labour, capital, and land, currency inflation, economic growth, and public rules which have effect on these elements.
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A customer is attempting to return some merchandise that you believe was purchased elsewhere at a competitors what would you do
In these situations, the individual who wants to replace it is required to present a purchase receipt. You can phone the manager, who will be able to resolve the issue if the person still insists on not having a receipt.
What constitutes a valid return of the product?The process of returning a product to a shop for a refund involves the buyer returning previously acquired goods.
Acknowledge their request, be understanding, give a succinct justification for refusing the refund (e.g., due to expired warranties, missing the refund deadline, the state of the returned item, etc.), and if practical, offer another course of action.Thus, go through the guidelines of the return policy and do as per the statements.
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Can some one paste the lyrics for never gonna give you up here
Answer: it says the words are innapropriate
The standards for product V28 call for 8.3 pounds of a raw material that costs $19.00 per pound. Last month, 2,200 pounds of the raw material were purchased for $41,360. The actual output of the month was 240 units of product V28. A total of 2,100 pounds of the raw material were used to produce this output.
The direct materials purchases variance is computed when the materials are purchased.
Required:
a. What is the materials price variance for the month?
b. What is the materials quantity variance for the month?
Answer:
Results are below.
Explanation:
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (19 - 18.8)*2,200
Direct material price variance= $440 favorable
Actual price= 41,360 / 2,200= $18.8
Now, we can determine the direct material quantity variance:
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (8.3*240 - 2,100)*19
Direct material quantity variance= $2,052 unfavorable
I need help and advice!! What if your dad is using an app called Telegram which you didn't know no one else in the family uses it. What will you do set up a trap etc. Plss i need your help.
Answer:
sup bro thatdffa on ur head
Explanation:
The following information applies to the products of a Company.
Product A
Selling price per unit $ 14
Variable cost per unit: 11
Product B
Selling price per unit: $12
Variable cost per unit: 8
The maximum number of machine hours available is 41,000. Product A uses 3 machine hours, and Product B uses 5 machine hours. The company can sell all the products it produces. Find the total contribution margin per machine hour.
If the company can sell all the products it produces. the total contribution margin per machine hour is : 1. 2.
How to find the contribution margin?Selling price per unit minus variable cost per unit is contribution margin per unit for Product A.
For Product A, the contribution margin per unit is $14 minus $11.
For Product A, the contribution margin per unit is $3.
Selling price per unit minus variable cost per unit is contribution margin per unit for Product B.
Product B's contribution margin per unit is $12 minus $8.
For Product B, the contribution margin per unit is $4.
The contribution margin per machine hour for each product can then be calculated as follows:
For Product A, the contribution margin per machine hour is calculated as follows: Contribution margin per unit / Unit machine hours
Contribution margin for Product A every machine hour is equal to $3 / 3.
For Product A, the contribution margin per machine hour is $1.
For Product B, the contribution margin per machine hour is calculated as follows: Contribution margin per unit / Unit machine hours
Contribution margin for Product B per machine hour is $4 / 5.
For Product B, the contribution margin per machine hour is $0.8.
The overall contribution margin per machine hour can then be determined as follows:
overall contribution margin per machine hour = ($1 x 1) + ($0.8 x 0.2)
overall contribution margin per machine hour = $1.2
Therefore the contribution margin is $1.2.
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For each of the following situations listed below, match the following information quality characteristic that either most accurately applies to the situation, or would be the best characteristic to improve the information. More than one characteristic could apply to each situation but choose the most appropriate one.
Characteristics: Accessibility, Completeness, Comparability, Confirmatory value, Faithful representation, Predictive value, Relevance, Timeliness, Understandability, Verifiability.
1. At the beginning of the COVID-19 pandemic, the United States was behind many other countries in testing people for the coronavirus. News reports said that people with symptoms struggled for access to tests, often in vain. The lack of testing availability resulted in reports of COVID cases that bore no resemblance to the reality of how much the virus had really spread. Consequently, there was fear and uncertainty. 2. This characteristic strongly factors into the reason for reporting land and buildings at historical cost in a company's Balance Sheet, even though this value may bear no resemblance to the fair market value of the asset. 3. In the income statement of a company, sales transactions included in the revenue amount are only those that reflect revenue earned during the reporting period-no more and no less. 4. In the management decision to replace a long-haul transportation truck used for the past 10 years, inclusion of information about the original cost of the truck in a report has no (fill in the characteristic). 5. Disney World provides guests with Magic Bands, which are wrist bands that collect data on who the guests are, where they are, what rides they go on, and what they buy. Disney characters greet children wearing the bands by name. Magic Bands provide Disney with an incredible amount of data about guest profiles and preferences. Information like this can help Disney improve decision making for optimal management of its resorts. 6. Alicia's Accessories is developing a proprietary big data system called Just-in-Time. The intention of the systemis to continuously monitor and improve operations, products, marketing, sales, and employee training and to improve competitive advantage. The data comes from the company's point-of-sale systems, inventory systems, promotions, customer feedback and surveys, and loyalty programs. Justin-Time provides information every 30 minutes at headquarters for immediate decision making. Operational glitches get immediate attention. 7. According to the magazine Fost Company, not making the content of business websites available to people with disabilities means potentially losing around
$500 million in spending power. This amount does not include losses from lawsuits. Fast Company provides examples of businesses that have been sued for failing to offer ADA-compliant websites, including Domino's and Beyoncés Parkwood Entertainment. 8. Oil and gas companies consistently apply the same industry-specific accounting standards to their financial statements, and so there should be a high level of (fill in the characteristic) within that industry. 9. A company with information about a probable and material lawsuit must report it in the notes to its financial statements. An attempt to withhold this information indicates bias and not (fill in characteristic). 10. Financial statements include information on cash flows so that financial analysts and investors can evaluate the accuracy of their past predictions. 11. Financial analysts and investors use past financial statements as a basis to chart performance trends and make predictions about future performance, including profitability and cash flow, for business valuation purposes.
Matching the given statements includes statement A with option 5: Quality of information that permits users to identify similarities in and differences between two is comparability.
The given statements can be matched as per following:
Comparability - (a) Quality of information that permits users to identify similarities in and differences between two sets of economic phenomena.
Timeliness - (b) Having information available to users before it loses its capacity to influence decisions.
Predictive value - (c) Information about an economic phenomenon that has value as an input to the processes used by capital providers to form their own expectations about the future.
Relevance - (d) Information that is capable of making a difference in the decisions of users in their capacity as capital providers.
Neutrality - (e) Absence of bias intended to attain a predetermined result or to induce a particular behavior.
The usability of financial information is addressed by the accounting information quality of comparability. Relevance includes both confirmatory and predictive value. In addition to being natural, free from substantial error, complete, and judicious, reliability also includes faithful representation. Comparability includes transparency and uniformity.
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Correct question is:
Match the qualitative characteristics below with the following statements.
1. Relevance
2. Faithful representation
3. Predictive value
4. Confirmatory value
5. Comparability
6. Completeness
7. Neutrality
8. Timeliness
(a) Quality of information that permits users to identify similarities in and differences between two
sets of economic phenomena.
(b) Having information available to users before it loses its capacity to influence decisions.
(c) Information about an economic phenomenon that has value as an input to the processes used
by capital providers to form their own expectations about the future.
(d) Information that is capable of making a difference in the decisions of users in their capacity as
capital providers.
(e) Absence of bias intended to attain a predetermined result or to induce a particular behavior.
DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?
Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.
What are the Functions of Preliminary Data Gathering?Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.
This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.
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Management at the Flagstaff Company currently sells its products for $250 per unit and is contemplating a 40% increase in the selling price for the next year. Variable costs are currently 30% of sales revenue and are not expected to change in dollar amount on a per unit basis next year (the company will still pay the same variable cost per unit). Fixed expenses are $120,000 per year. If fixed costs were to decrease 10% during the current year and the new selling price goes into effect, how many units will need to be sold to breakeven
Answer:
393 units will need to be sold to breakeven
Explanation:
Break even point is the point where a Company makes neither makes a profit nor a loss.
Step 1 : Calculate new variables
New Sales = $250 x 1.40 = $350
Variable Costs = $250 x 30 % = $75
New Fixed Costs = $120,000 x 90 % = $108,000
Step 2 : Break even (units)
Break even (units) = Fixed Costs ÷ Contribution per unit
= $108,000 ÷ ($350 - $75)
= 393 units
Thus, 393 units will need to be sold to breakeven
In a recent survey of your major customers, you were disappointed to find that a majority of customers rated your company poorly on training and technical support for your products. You and your team have a made a firm commitment to improve this situation immediately using digital media.
Which of the following digital media tactics should you implement to most effectively address this issue for your customers?
a. You should establish one email address that customers can use to send emails about their problems with your products.
b. You should set up a video-sharing site where customers can upload videos of themselves explaining their problems with your products.
c. Start a blog for marketers to explain how much time and money the firm spends on training and technical support.
d. You should create a series of product demonstration podcasts for your customers to access online at their convenience.
e. You should create a virtual site for your customers to interact in a three-dimensional world.
Answer:
A. You should establish one email address that customers can use to send emails about their problems with your products.
Does the restaurant industry seem like a stable option for aspiring entrepreneurs to pursue
Yes, restaurants Industry seems like a great option for aspiring entrepreneurs to pursue. This however depends on the location in questions.
What is this so?The Chain Restaurants industry's market size is predicted to grow 13.5% by 2022.
What is the estimated market size of the Chain Restaurants industry in the United States in 2022?In 2022, the Chain Restaurants business will generate $50.9 billion in sales.
From the above, it is clear that there is room for growth, innovation, competition by differentiation, an as such opportunities.
Hence it is right to conclude that restaurants Industry is a great option for aspiring entrepreneurs to pursue.
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Which of the following is most unlikely to present a barrier to entry into a market?
Select one:
a.
market forces
b.
patent laws
c.
technological advantages
d.
deregulation
The factor which is most unlikely to present a barrier to entry into a market is deregulation.
Deregulation is the removal or reduction of regulations in order to help stabilise an economy or to give traders a free market
As a result of this, we can see that deregulation does not present a barrier to entry in a market because of the removal of government barriers which otherwise would have made things difficult for a person to get into a market.
Therefore, the correct answer is option D
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For which reasons could you face a penalty annual percentage rate (APR)?
Select all the correct answers.
balance transfer
exceeding credit limit
late payment
low credit score
paying entire balance in full
returned payment
The reasons one could face a penalty annual percentage rate (APR) include;
balance transferexceeding credit limitlate paymentAnnual Percentage Rate (APR)Annual percentage rate (APR) refers to the yearly interest generated by a sum that's charged to borrowers or paid to investors. APR as the name implies is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan or income earned on an investment.
On this note, it follows that Annual percentage rate can be charged on the occurrence of any of the aforementioned situations.
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demarco and tanya have received information about the separate mortgage offers. In two or three paragraphs describe your recommendation for the best financial choice in their situation.
There are a few fundamental elements to be kept in mind when assessing potential mortgage offers, which include:
How to make the recommendationInterest rate: This is one of the key components to ponder upon when evaluating different mortgages. A lower interest rate entails smaller monthly payments as well as a decrease in sum spent on interest overall during the duration of the loan.
Loan term: The length of the loan is another aspect that should not go unnoticed. When opting for a briefer loan, more money will be spent towards monthly payments but correspondingly less towards interest. However, if you desire a longer period, then the opposite is true with fewer monthly payments but expenditure on interest increases.
Closing costs: It is essential to take closing fees into consideration since they can end up reaching staggering heights. Closing costs refer to every single amount related to taking out a mortgage and ought to be given due thought before deciding on an offer.
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you expect a share of stock to pay dividends of $1.00, $1.25, and $1.50 in each of the next 3 years. you believe the stock will sell for $20 at the end of the third year. what is the stock price if the discount rate for the stock is 10%? note: do not round intermediate calculations. round your answer to 2 decimal places.
The price of the stock when the discount rate of the stock is 10% is equal to $18.09.
Stocks are a form of investment that can have huge benefits and act as profits for individuals as well as organizations. In order to calculate the current stock price we use the below given formula and also for the the dividends paid after the first year, only one period was considered, and for the dividends paid after the second year, only two periods were considered. Now the formula is
P = (Dividend 1)/(1 + discount rate) + (Dividend 2)/(1 + discount rate)² + (Dividend 3 + SP of stock)/(1 + discount rate)³
where P is current stock price, Dividend 1, Dividend 2 and Dividend # are dividends for corresponding year and SP is selling price of stock
P = ($1)/(1 + 0.10) + ($1.25)/(1 + 0.10)² + ($1.50 + $20)/(1 + 0.10)³
P = $18.09
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A hyperlink:
A. can tell you if the battery on your laptop is running low.
B. can run the grammar check function.
C. can take the user to an external Internet site.
D. can spell check your slide presentation.
Answer: C
Explanation:
An example of “Dispersing Funds Directly”, as it relates to money being lent to a borrower by a lending institution would be:
a. Sending a Bank Draft to the car dealership to pay for a car that the customer is using the borrowed funds to purchase.
b Consolidating all of the customer’s debt into one loan.
c Informing the Credit Bureau that the customer will be using the new loan to repay other debt.
d. Depositing the proceeds of the loan directly into the customer’s bank account.
When money is lent to a borrower by a lending institution, "Dispersing Funds Directly" refers to depositing the loan proceeds directly into the customer's bank account.
What is Dispersing Funds Directly?
A lender, such a bank or lending organization, can disperse funds immediately by transferring them from a loan to the borrower's account.
This process enables the borrower to have instant access to the money, which may be utilized for a number of things including putting a down payment on a home, consolidating debt, or purchasing a car.
The lender guarantees that the borrower will get the whole amount of the loan and may utilize it for the specified purpose by distributing the cash directly to the borrower.
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Brainstorm the ways in which GARP can impact on the management and success of a sports organisation by explaining it first and then identifying the roles and functions which it should play within the sports organisation
Answer:
GARP, which stands for Governance, Accountability, Risk Management, and Performance, encompasses key principles and practices that can greatly impact the management and success of a sports organization. Here are the ways in which GARP can influence and the roles and functions it should play within a sports organization:
1. Governance:
- GARP emphasizes the importance of having effective governance structures and processes in place within the sports organization.
- It involves establishing clear lines of authority, decision-making frameworks, and transparent communication channels.
- GARP ensures that the organization has a well-defined governance structure, including a board of directors or management committee responsible for setting strategic direction, overseeing operations, and ensuring compliance with regulations.
- The role of GARP in governance is to provide guidance on ethical conduct, promote transparency, and ensure accountability at all levels of the organization.
2. Accountability:
- GARP emphasizes the need for accountability within a sports organization, holding individuals and teams responsible for their actions and decisions.
- It involves implementing systems and processes to track performance, measure results, and report on progress.
- GARP ensures that the organization sets clear goals and objectives, establishes key performance indicators (KPIs), and holds individuals accountable for achieving them.
- The role of GARP in accountability is to provide frameworks for performance measurement, establish reporting mechanisms, and foster a culture of responsibility and ownership within the organization.
3. Risk Management:
- GARP highlights the importance of identifying and managing risks that can impact the sports organization's operations, reputation, and financial stability.
- It involves assessing potential risks, developing mitigation strategies, and implementing controls to minimize the likelihood and impact of adverse events.
- GARP ensures that the organization has a robust risk management framework in place, including policies, procedures, and monitoring mechanisms.
- The role of GARP in risk management is to provide guidance on risk identification, analysis, and mitigation, as well as ensuring compliance with legal and regulatory requirements.
4. Performance:
- GARP emphasizes the need for measuring and improving performance within a sports organization to achieve strategic objectives.
- It involves setting performance targets, regularly evaluating progress, and implementing strategies to enhance performance.
- GARP ensures that the organization establishes performance metrics aligned with its mission and strategic goals.
- The role of GARP in performance management is to provide frameworks for performance evaluation, facilitate continuous improvement, and align individual and team efforts with organizational objectives.
Overall, GARP plays a crucial role in shaping the management and success of a sports organization by establishing effective governance structures, promoting accountability, managing risks, and driving performance. It provides guidance and frameworks to ensure that the organization operates ethically, transparently, and efficiently, ultimately contributing to its long-term sustainability and achievements.
Imagine that you own a small hardware store and need to price several new items. What legal considerations would you need to take when pricing these items
Answer:
The legal considerations that would be taken into account when pricing items in a small hardware store are:
1. Predatory pricing: This strategy prices items very low for the purpose of eliminating competition. It is illegal. Since predatory pricing violates antitrust laws, it causes the rising of monopolistic markets and the creation of monopolies. The allegations of predatory pricing are usually hard to prove because of the counter-argument that it could be part of normal competition.
2. Price discrimination: The Robinson-Patman act prohibits price discrimination or the attempt of companies to sell the same goods at different prices to different consumers.
3. Both predatory pricing and price discrimination because of their negative economic consequences are regarded as deliberate moves by business entities to undermine the marketplace and the forces of demand and supply. They are frowned at ethically and severely punished in the court of law.
Explanation:
When setting prices, it is a standard practice to consider all factors that could result in business problems and legal battles. It is not only economic profit consideration that should be taken care of, but there are competitive, socio-legal, and growth factors to be considered. Ethics is also another important consideration. Unethical violations could lead to fraudulent and illegal prosecutions.
Healthy competition among businesses is good for consumers.
True or False
I say true because it seems like most likely answer.
Safety training in the workplace should be focused on _______.
Answer:
prevention of accidents
Evaluate whether Min-Chul is right to focus more on non-financial motivators than financial
motivators to attempt to motivate employees.
The most prevalent financial motivations occur at work and entail monetary rewards. These are your extrinsic motives, often known as carrots and sticks, which are used to encourage and reward employees for specific achievement behaviors.
Financial incentives drive workers and make them aware of what they stand to gain or lose depending on their performance when they are effectively conveyed. The employee can more easily provide for their families and materially better their lives outside of work thanks to this kind of inducement. Financial incentives can also raise short-term morale and productivity.
Naturally, not everyone is driven by money, and Gallup has discovered that there is no connection between engagement and pay scale. In addition, because of their monetary character, financial motivators frequently have declining returns. Less frequent non-financial motivators are frequently intangible and do not explicitly involve money. These can take various forms, such as acknowledgment, increased accountability and faith in a position, involvement in decisions, adaptable schedules, mentoring, feedback, and others.
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Assume Zap industries reported the following adjusted account balances at year-end. 2019 2018 Accounts Receivable $ 1,690,200 $ 1,340,920 Allowance for Doubtful Accounts (92,000 ) (76,300 ) Accounts Receivable, Net $ 1,598,200 $ 1,264,620 Assume the company recorded no write-offs or recoveries during 2019. What was the amount of Bad Debt Expense reported in 2019
Answer:
amount of Bad Debt Expense for 2019 = $92,000
Explanation:
A bad debt expense is a uncollectible receivable amount incurred on a credit sale to a customer, who is no longer able to pay the debt, due to bankruptcy or other financial problems. Companies make provision for these kind of credit losses in the allowance for doubtful accounts, and hence records the amount used from the allowance for doubtful accounts as the bad debt expense.
In our example, the allowance for doubtful account for 2019 is $92,000, hence since it was used to settle part of the credit losses, this becomes the bad debt expense.
Does the store sell consumer products or industrial products why would you describe the store’s products this way?
Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. Industrial goods are bought and used for industrial and business use.
What is the difference between selling of consumer and industrial products?One method of categorizing items is by who the target consumer or customer is. There is a significant contrast between goods and services meant for use by individuals and homes (consumer products) and goods and services designed for use by other enterprises ( industrial products). Products are categorized into four groups depending on customer behaviors, pricing, and product characteristics: convenience goods, shopping goods, specialist products, and unsought goods.
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A Market share is usually stated as a
Answer:
stock
Explanation:
a stock is a a share of a company
What are types of GDP
The types of GDP are:
Real GDP. Real GDP is a calculation of GDP that is adjusted for inflation. Nominal GDP. Nominal GDP is calculated with inflation. ...Actual GDP. Actual GDP is the measurement of a country's economy at the current moment in time.Potential GDP.What is Gross domestic product (GDP) ?The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). Consequently, it also accounts for the revenue generated by that manufacturing, or the total amount spent on finished goods and services (less imports).
Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
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purchased goods of rs 40000 journal entries
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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Answer:
Oh dear... Do you need help with something or is this just something random- lol
Explanation: