Car and Auto Sisters had retained earnings of $17700 on the balance sheet but disclosed in the footnotes that $2700 of retained earnings was restricted for plant expansion and $1100 was restricted for bond repayments. Cash of $2400 had been set aside for the plant expansion. How much of retained earnings is available for dividends
Answers: 1
Business, 21.06.2019 19:20, Lindseycline123
The following selected amounts are reported on the year-end unadjusted trial balance report for a company that uses the percent of sales method to determine its bad debts expense. accounts receivable $ 435,000 debit allowance for doubtful accounts 1,250 debit net sales 2,100,000 credit all sales are made on credit. based on past experience, the company estimates 1.0% of credit sales to be uncollectible. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answers: 2
Business, 22.06.2019 11:50, vdirectioner7634
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
Business, 22.06.2019 13:30, lorip7799ov3qr0
The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.
Answers: 1
Business, 22.06.2019 14:00, bosskid361
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
Car and Auto Sisters had retained earnings of $17700 on the balance sheet but disclosed in the footn...
Mathematics, 13.04.2020 07:17
Mathematics, 13.04.2020 07:17
Social Studies, 13.04.2020 07:18