If Modern Company received $3,650 from Connor Young Company on March 12 for the total amount of an account which had been written off on March 1, the entry to reinstate the account under the direct write-off method would include

Answers

Answer 1

Answer:

Journal Entry

Dr. Bad Debt Expense    $3,650

Cr. Account receivables  $3,650

Explanation:

Under Direct Method we charge the bad debt expense directly without any involvement of allowance account. We deduct the written off value from account receivable by a credit entry in it because it is an current asset account which is debit in nature, the decrease will require a credit entry in it.

Answer 2

Answer:

3650

Explanation:

If Modern Company Received $3,650 From Connor Young Company On March 12 For The Total Amount Of An Account

Related Questions

ZumbaUp, a leading jeans brand, realized that a user named PoisonX had breached its security codes and gained unwarranted access to the company's highly classified information. The company was shocked to see all of its business tactics and prospective deals put up online, exposed to everyone. In this scenario, ZumbaUp is a victim of

Answers

Answer:

Hacking

Explanation:

Hacking can be defined as the breaching or the securities or taking advantage of the weaknesses of a computer system or network.

hacking is carried out by a hacker and there are different types or grades of hackers depending on how good they are, their reason for being an hacker, among other things.

In the case of ZumbaUp, the securities of the companies databases was breached and published for all to see by PoisonX.

Cheers.

Plz cash app me plz plz plz plz

Answers

Answer:

no

Explanation:

no no no no no no no no no

Answer:

sorry i would if i had money i am broke

Explanation:

The equilibrium price of a guidebook is $35 in the perfectly competitive guidebook industry. Our firm produces 10,000 guidebooks for an average total cost of $38, marginal cost of $30, and average variable cost of $30. Our firm should:a) raise the price of guidebooks, because the firm is losing money.b) keep output the same, because the firm is producing at minimum average variable cost.c) shut down, because the firm is losing money.d) produce more guidebooks, because the next guidebook produced increases profit by $5.

Answers

Answer:

d) produce more guidebooks, because the next guidebook produced increases profit by $5.

Explanation:

A perfectly competitive industry is characterised by many buyers and sellers of homogenous goods and services. There are no barriers to entry or exit of firms. In the long run, firms earn zero economic profit.

Profit is maximised where marginal revenue/ price is equal to marginal cost.

In this question, marginal revenue ($35) is greater than marginal cost ($30), so, the firm isn't maximising profit and they should increase production.

A firm should shutdown when average variable cost is greater than price.

I hope my answer helps you

What can cause the supply curve for an inferior good to shift to the right?

Answers

Answer:

A decrease in consumer income

Explanation:

Before we move on to answer the question directly, we need to understand what a supply curve is and what are inferior good is.

A supply curve is a graphical representation which is plot of a change in price to a change in quantity supplied, obeying the dictates of the law of supply. The law of supply simply states that the higher the price, the higher the quantity supplied. Thus, it is expected that at higher prices, the quantity supplied should also be higher in order for profit maximization.

So how does a supply curve looks like? A supply curves generally moves upward from left to right, this in confirmation to the law.

What do we mean by an inferior good? An inferior good is one which does not obey the laws of demand and supply. A consumer good demand decreases in the face of rising income. This is in contrast to a normal good which is supposed to have an increase in demand with a rise in income.

Now, what can make an inferior good supply curve shift to the right i.e have more positive income elasticity?

What can cause this is no other factor than a decrease in income. When there is a decrease in consumer income, consumers would be willing to spend less on more expensive substitutes and thus turn over to their inferior goods counterparts. This make their demand go up, driving up the price and making the supply increase.

This singular activity will shift the supply curve of inferior goods to the right.

In his​ report, Wade described the strengths and weaknesses of each of his subordinates. He made a note of their past performances and the potential they displayed. He even provided suggestions for their improvements. Wade is using the​ ________ method of conducting a performance appraisal.

Answers

Answer:

Written essay

Explanation:

Written essay method is an approach of performance appraisal, where appraiser prepare a written statement about the strength and weekness of employee to appraise their performance, these strength and weekness are evaluated on the basis of past performance at the employment. It also suggest solution for performance improvement. It is one of the effective method of performance appraisal, however, it is time consuming.

In the given case, Wade have described strength and weekness of  each subordinates and also suggested technique to improve performance, therefore, wade is using Written essay method of performance appraisal.

The united states has the number one gross domestic product (gdp). but countries like iceland, norway, and 10 other industrialized nations rank higher on the human development index (hdi). why is that? check all that apply.

Answers

Answer:

The reason is that aside the gdp the human development index is calculated based on three factors namely

1. life expectancy

2. Education

3. per capita income

And these countries are doing perfectly well as compared to the USA based on the above

Explanation:

What is the human development index (HDI)?

The Human Development Index (HDI) is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.

A country scores a higher HDI when the lifespan is higher, the education level is higher, and the gross national income GNI (PPP) per capita is higher.

Answer:

Iceland and Norway put more value on HDI factors.

Resources for any country are finite and there is a balance between GPD and HDI.

Iceland and Norway are not as focused on business as the United States.

The United States places more value on work and business than on HDI factors.

Explanation:

Becky graduated with a master degree in Personal Financial Planning. After working two years in a small financial planning firm, Becky earns $60,000 annually and saves $10,000 a year. What is her average propensity to consume?a. 16.7%b. 25.5%c. 75.7%d. 83.3%e. 95.5%

Answers

Answer:

Option D.

Explanation:

The average propensity to consume (APC) refers to the ratio of consumption expenditures (C) to disposable income (DI):

APC = C / DI.

From the question, we are given:

Total income = $60,000

Savings = $10,000

Therefore:

Consumption expenditures (C) = 60,000 - 10,000 = $50,000

APC = 50,000 / 60,000

APC = 0.833 or 83.3%

Suppose that the financial ratios of a potential borrowing firm take the following values: Working capital/Total assets ratio (X1) = 0.75 Retained earnings/Total assets ratio (X2) = 0.10 Earnings before interest and taxes/Total assets ratio (X3) = 0.05 Market value of equity/Book value of long-term debt = .60, X5 = Sales/Total assets ratio = 0.9. Calculate the Altman’s Z-score for this firm. Round your answer to 3 decimal places.

Answers

Answer:

Z-score  =  2.465

Explanation:

X1 = 0.75

X2 = 0.10

X3 = 0.05

X4 = 0.60

X5 = 0.9

Z-score is calculated using the formula;

Z-Score = 1.2X1+ 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5

Where:

X1 = Working Capital/Total Assets

X2 = Retained Earnings/Total Assets

X3 = Earnings Before Interest & Tax/Total Assets

X4= Market Value of Equity/Total Liabilities

X5 = Sales/Total Assets

Substituting into the formula, we have;

Z-Score = 1.2X1+ 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5

             = 1.2*0.75+ 1.4*0.10 + 3.3*0.05 + 0.6*0.6 + 1.0*0.9

              = 0.9 + 0.14 + 0.165 + 0.36 + 0.9

              =  2.465

Final answer:

The Altman's Z-score for the firm, using the provided financial ratios, is calculated to be 2.465.

Explanation:

To calculate the Altman's Z-score for a firm, we use the following formula:

Z = 1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5

Where:

X1 = Working capital/Total assets ratio

X2 = Retained earnings/Total assets ratio

X3 = Earnings before interest and taxes/Total assets ratio

X4 = Market value of equity/Book value of long-term debt ratio

X5 = Sales/Total assets ratio

Using the provided financial ratios:

X1 = 0.75

X2 = 0.10

X3 = 0.05

X4 = 0.60

X5 = 0.90

Plugging these into our formula:

Z = 1.2(0.75) + 1.4(0.10) + 3.3(0.05) + 0.6(0.60) + 1.0(0.90)

Z = 0.9 + 0.14 + 0.165 + 0.36 + 0.9

Z = 2.465

Therefore, the Altman's Z-score for the firm is 2.465, rounded to three decimal places.

Margaret and Jack are working on a high-priority project with a tight deadline. When Margaret is unable to meet the deadline, Jack attributes it to her clumsiness. However, when he is unable to meet the same deadline, he blames it on poor planning by his manager. This scenario exemplifies __________.
A. an informational social influence.B. the fundamental attribution error.C. conformity.D. groupthink.

Answers

Answer:

B, Fundamental attribution error.

Explanation:

Fundamental attribution error is a psychological situation in which individuals have the tendency to explain a person's behavior based on disposition/personality but not lay emphasis on the external behaviors that affect the person's behavior.

In the above question, because Jack and Margaret couldn't finish Margaret's jobs due to Margarette her clumsiness and went on to blame the supervisor as the cause of the tem not being able to finish the task .

Cheers.

67 people of 350 surveyed gave your company five stars. Of men, 40 out of 175 gave your company five stars. Was your company rated 5 stars more commonly among the general population or among men?

Answers

Answer:

The company was rated 5 stars more by Men

Explanation:

Given that

General population = 67/350

Men = 40/175

In checking the percentage ratio, we have

a. General population

= (67/350) × 100

= 19.14%

b. Men population

= (40/175) × 100

= 22.85%

Thus, seeing that 22.85% > 19.14%, therefore, company was rated 5 stars more among the men population.

Stacy, who is married and sole shareholder of ABC Corporation, sold all of her stock in the corporation for $100,000. Stacy had organized the corporation in 2009 by contributing $225,000 and receiving all of the capital stock of the corporation. ABC Corporation is a domestic corporation engaged in the manufacturing of ski boots. The stock in ABC Corporation qualified as Sec. 1244 stock. The sale results in a(n):

Answers

Answer:

The sale results in an ordinary loss of $100,000 and long-term capital loss of $25,000.

Explanation:

Stacy, who is married and sole shareholder of ABC Corporation, sold all of her stock in the corporation for $100,000. Stacy had organized the corporation in 2009 by contributing $225,000 and receiving all of the capital stock of the corporation. ABC Corporation is a domestic corporation engaged in the manufacturing of ski boots. The stock in ABC Corporation qualified as Sec. 1244 stock. The sale results in AN ORDINARY LOSS OF $100,000 AND LONG-TERM CAPITAL LOSS OF $25,000.

Answer:

ordinary loss of $100,000 and long-term capital loss of $25,000

Explanation:

Up to $100,000 on a joint return of loss realized on disposition of Section 1244 stock is treated as an ordinary loss. So the first $100,000 would be ordinary and the remaining $25,000 would be a LTCL.

Roadbuilders, Inc, uses dynamite in its operations. Sky-Hi Fireworx, Inc, stores explosives in its warehouses. Most likely liable under the doctrine of strict liability for any injury caused by an abnormally dangerous activ¬ity will be:_________.
a. None of the choices.
b. Roadbuilders and Sky-Hi.
c. Roadbuilders only.
d. Sky-Hi only.

Answers

Answer:

The answer here would be option b. or Roadbuilders and Sky-Hi.

Explanation:

In this case, Roadbuilders uses the dynamite in any operational activity/s it conducts and the Sky-Hi Firefox Inc, is responsible for storing and maintaining the explosives in the warehouse.Hence,based on the strict liability doctrine, all the concerned parties engaged in construction,hazardous manufacturing or any such harmful and life threatening commercial activities have to assume equal and undivided responsibility in preventing any potential physical injury,death or any kind of damages to any individual or party concerned.Therefore,in this case,assuming that both the parties or companies are involved in the dangerous activity mentioned, both of them will be legally liable to prevent any kind of physical injury or bodily damage or serious casualty to anyone due to their operational activity/s.

Answer:

b. Roadbuilders and Sky-Hi.

Explanation:

Strict liability is a legal doctrine that imposes the legal liability for damages or injuries caused even if the person liable did not act with fault or negligence or without finding any fault. It only required to prove that the tort occurred and the individual is responsible. This doctrine applies only on three types of situations:

Manufacturing defect.Animal bites.Abnormally dangerous activities.

In the given case,  Both Roadbuilders and Sky-Hi are responsible for injury caused by an abnormally dangerous activity as they both involved in storing and using the explosive.

In order to develop the best customer base it can, Harrison's Gourmet Foods sends out different types of promotional items to see which one garners the best response in terms of customers who will buy once and come back to order again. The information Harrison's receives provides the basis for _____ modeling.

Answers

Answer:

The correct word for the blank space is: predictive.

Explanation:

Predictive modeling, also called predictive analytics, uses data gathered in research and graphics in an attempt to predict events of different types from sports to company earnings. Predictive modeling uses Information Technology (IT) to collect large amounts of data to have the most accurate information in the study that would allow individuals to find out what could happen in the future. Predictive modeling is based on repetitive inputs that could give us an idea that patterns are formed now and then predictably.

Final answer:

The data collected from the different promotional items would be used in predictive modeling. This data mining technique uses past data to predict future customer behavior and can help Harrison's Gourmet Foods develop the best customer base by informing their marketing strategies.

Explanation:

In the context of the question, the information Harrison's Gourmet Foods collects from the response of the promotional items forms the basis for predictive modeling. Predictive modeling is a process used in data mining to forecast future outcomes based on historical data.

It looks at patterns and trends in the data to predict future events. In Harrison’s case, they can use predictive modeling to identify which promotional items are more likely to influence customers to buy again, and then adjust marketing strategies accordingly. The goal ultimately being to develop the best customer base.

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Lewis Company traded machinery with a book value of $950,000 and a fair value of $900,000. It received in exchange from Timmons Company a machine with a fair value of $1,000,000. Lewis also paid cash of $100,000 in the exchange. Timmons s machine has a book value of $950,000. What amount of gain or loss should Lewis recognize on the exchange (assuming lack of commercial substance)

Answers

Answer:

Lewis should recognize a gain on the exchane of $13,636

Explanation:

In order to calculate the amount of gain or loss should Lewis recognize on the exchange, first we have to determine the amount of gain with the followig formula:

Gain=Total value of the machine received-Book value of machine exchanged

     =(cash received+fair value of machine received)- $950,000

     =($100,000+$1,000,000)-$950,000

     =$ 150,000

Next, In order to calculate the amount of gain or loss should Lewis recognize on the exchange we have to use the following formula:

recognize gain or loss=(      cash received       )× gain

                    cash received+fair value of equipment received

                                   =  (    $ 100,000     )× 150,000

                                  $100,000+$1,000,000

                                   =$13,636

Lewis should recognize a gain on the exchane of $13,636

When Galaxy Ventures, a real estate company, entered the low cost housing business, the market was already saturated with other players. Thus, the company was forced to exit the market due to lack of customer loyalty and substantial dividends. Which of the following is a term used to described the situation faced by the company?a. first-mover disadvantages
b. last-mover disadvantages
c. last-in first-out disadvantages
d. comparative disadvantages
e. absolute disadvantages

Answers

Answer:

b. last-mover disadvantages

Explanation:

Last-mover or late-mover disadvantages describes the situation faced by Galaxy Ventures, a real estate company, that entered the low cost housing business when the market was already saturated with other players.

Thus, forcing Galaxy Ventures to exit the market due to lack of customer loyalty and substantial dividends.

Framex Inc. has separate computer-accessible storage media for all of its departments. These storage media store files of related data organized according to a logical system. In this scenario, Framex has many different _____ for its various departments.
A. decision support systemsB. databasesC. cybermediariesD. business intelligence systems

Answers

Answer:

B. databases

Explanation:

Since, Framex Inc. has separate computer-accessible storage media for all of its departments that store files of related data organized according to a logical system.

In this scenario, Framex has many different databases for its various departments.

Database is a structured set of information or data usually stored in a computer, especially for rapid access, search and retrieval.

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms to reduce expenditures in anticipation of having to pay higher future taxes. B. ​Expenditure-based fiscal policy requires the collection of additional​ taxes, which reduce household incomes and expenditures. C. ​Expenditure-based fiscal policy leads to more government​ borrowing, absorbing funds that would have otherwise been borrowed and expended by the private sector. D. ​Expenditure-based fiscal policy raises inflation expectations and interest​ rates, causing private sector expenditures to fall.

Answers

Answer:

The answer in this case, would be option C. or Expenditure-based fiscal policy leads to more government​ borrowing, absorbing funds that would have otherwise been borrowed and expended by the private sector.

Explanation:

In Macroeconomics, expansionary is a phenomenon which refers to increased government or public spending or expenditure in the economy.Now,crowding out effect can occur in the economy when the government attempts to liquidate or finace the increased expenditure through financial borrowing to such an extent that it leads to crowding out or shortage of most of funds to be expended by the private sector in the economy.This can essentially lead to shortage of funds which could have been borrowed by private businesses, companies and investors to raise private business and capital expenditure.

In an exclusive agency listing:a.seller can avoid paying a commission b.if they find the buyer the seller can employ more than one agent c.a seller must pay a commission d.if they find the buyer no commission is allowed

Answers

Answer:

d. If they find the buyer, no comission is allowed

Explanation:

Exclusive agency listing is a contractual agreement wherby the seller grant the right to an estate agent or a firm to sell a property on its behalf through payment of commission and the seller can avoid paying commission if the buyer is found by the seller. It is one of the listing agreements. Others are open listing and exclusive right to sell listing.

Exclusive agency listing are not favourable to estate agent or brokerage firm in that the agreement gives a seller right to find or locate a buyer by itself in order to avoid paying commission.

You are considering purchasing a new truck that will cost you $34,000. The dealer offers you 1.9% APR within monthly compounding for 48 months (with payments made at the end of the month). Assuming you finance the entire $34,000 and finance through the dealer, your monthly payments will be closest to:

Answers

Final answer:

This is a financial mathematics question about calculating monthly payments for a car loan. With an interest rate of 1.9%, a loan amount of $34,000, and a term of 48 months, the monthly payments would be approximately $733.76.

Explanation:

The subject of this question relates to financial mathematics, specifically, calculating the monthly payments for a loan. To calculate the monthly payment on a loan, one might use the loan payment formula:

P = [r*PV] / [1 - (1 + r)^-n]

Where P is the monthly payment, r is the monthly interest rate (annual rate divided by 12), PV is the present value of the loan (or loan amount), and n is the number of payments. Monthly interest rate, in this case, is 1.9%/12 = 0.00158333, and the number of payments is equal to 48. Therefore, the monthly payment on a $34,000 loan is:

P = [0.00158333 * 34000] / [1 - (1 + 0.00158333)^-48] = $733.76 approx.

So, the monthly payments for the $34,000 truck with a rate of 1.9% monthly compounded over 48 months would be approximately $733.76.

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Chaz loves to play a Disney online pirate game in which he gets to create a pirate by choosing hair color, skin color, clothing, and physical features. Then he gets to choose from a variety of quests and can sail a ship, dig for treasure, fight skeleton pirates, or fight the British Navy. This game provides what element of value?a. Co-creationb. Earning of trustc. Offering products that performd. Avoiding unrealistic pricinge. Giving facts

Answers

A) Co-creation
Hope this helps

Sales in North Corporation increased from $80,000 per year to $84,000 per year while net operating income increased from $30,000 to $36,000. Given this data, the company's degree of operating leverage must have been:

Answers

Answer:

4 times

Explanation:

Given that,

Initial sales = $80,000

New sales = $84,000

Initial net operating income = $30,000

New net operating income = $36,000

The degree of operating leverage is determined by dividing the percentage change in net operating income by the percentage change in the sales.

Percentage change in net operating income:

= [(New net operating income - Initial net operating income) ÷ Initial net operating income] × 100

= [($36,000 - $30,000) ÷ $30,000] × 100

= ($6,000 ÷ $30,000) × 100

= 0.2 × 100

= 20%

Percentage change in sales:

= [(New sales - Initial sales) ÷ Initial sales] × 100

= [($84,000 - $80,000) ÷ $80,000] × 100

= ($4,000 ÷ $80,000) × 100

= 0.05 × 100

= 5%

Degree of operating leverage:

= Percentage change in net operating income ÷ Percentage change in sales

= 20 ÷ 5

= 4 times

Riley says that the present value of $700 one year from today if the interest rate is 6 percent isless than the present value of $700 two years from today if the interest rate is 3 percent. Anh saysthat $700 saved for one year at 6 percent interest has a smaller future value than $700 saved fortwo years at 3 percent interest.a. Both Riley and Anh are correct.b. Both Riley and Anh are incorrect.c. Only Riley is correct.d. Only Anh is correct.

Answers

Answer:

A) Both Riley and Anh are correct.

Explanation:

to see who is right we can calculate:

PV = FV / (1 + r)ⁿ

FV = PV x (1 + r)ⁿ

Riley's statement:

PV = $700 / (1 + 6%) = $660.38

PV = $700 / (1 + 3%)² = $659.82

Riley is right

Anh's statement:

FV = $700 x (1 + 6%) = $742

FV = $700 x (1 + 3%)² = $742.63

Anh is right

They are both right due to compound interest, since compound interest means that the interest earned will also earn more interest.

A corporation sold 1,000 shares of its $2.00 par value common stock for $10.00 per share and later repurchased 100 of those shares for $12.00 per share. Which of the following will be debited to record the repurchase of the 100 shares?A.Common Stock for $1,200B.Treasury Stock for $1,200C.Treasury Stock for $200D.Cash for $1,200

Answers

Answer:

Option B. Treasury Stock for $1,200

Explanation:

The reason is that when 1,000 shares which has $2 par value and were issued at $10 per share, the journal entry was:

Dr Cash Account $10,000

Cr       Common Stock $2,000

Cr       Paid In Capital   $8,000

But when 100 shares were repurchased at $12 per share, then the accounting treatment would be

Dr Treasury Stock $1,200

Cr         Cash Account $1,200

So the correct option is option B.

"In a distributed system, there is a high level of cooperation and sharing of actions and data maintained by the sites when determining which process should be loaded and where it should be run; this is accomplished by ____."

Answers

Answer: Exchanging the messages between site operating systems

Explanation:

 The distributed system is one of the type of computing system in which the various types of multiple elements are basically located on the machines that are specifically used for the communication purpose and this distributed system is basically appear to the user in the form of single system.

According to the given question, the given process is basically accomplished by exchanging the different types of messages between the site OS (Operating system).

 In the given distributed system, the data and the cooperation action is highly maintain by the sites while determining the loaded process. Therefore, The given answer is correct.  

Since lower-income people spend a larger proportion of their incomes on groceries than do higher-income people, if grocery stores were required by law to charge a 10-cent fee for disposable bags, this fee could be considered a Select one: a. progressive tax. b. proportional tax. c. income tax. d. regressive tax.

Answers

Answer:

d. regressive tax.

Explanation:

Because as we can see on the given statements that lower income people come to buy grocery than the higher income people, so the 10-cent fee for disposable bags will come under regressive tax, as we know that regressive tax is a tax in which is taken or collected largely from the lower income people than the higher income people.

So, the correct option will be OPTION (d).

Ridgewood Company has 25,000 shares of cumulative 2% preferred stock, $50 par and 150,000 shares of $25 par common stock. During the current year, $62,500 was distributed as dividends. Determine the numerator in the dividend yield calculation. a.$0.25

Answers

Answer:

$0.25

Explanation:

25,000 shares x 2% x $50 preferred stocks = $25,000

150,000 x $25 common stocks

$62,500 - $25,000 = $37,500

$37,500 / 150,000 shares = $0.25 per share

dividend yield = $0.25 / $25 = 1%

Dividend yield measures the amount of money paid to stockholders based on the cash dividends per share divided by share price.

Final answer:

The numerator for the preferred stock is the fixed amount of preferred dividends is $25,000 and the dividend yield is 1%

Explanation:

The Ridgewood Company scenario involves calculating the numerator in the dividend yield calculation. Since Ridgewood Company has cumulative preferred stock, these dividends must be paid before any dividends are paid to common stockholders. With 25,000 shares of 2% cumulative preferred stock at a $50 par value, the annual preferred dividend is $50 * 0.02 * 25,000 = $25,000.

Thus,

= 150,000 x $25 common stocks

= $62,500 - $25,000 = $37,500

= $37,500 / 150,000 shares = $0.25 per share

Dividend yield = $0.25 / $25

= 1%

Environmentalists have continually argued for the use of alternatives to fossil fuels to generate energy. Harnessing wind power by setting up wind farms had been one alternative proposed and implemented. As it is now known that these wind farms lead to the slicing and dicing of migratory birds and the decimation of the local bat population, we could say that environmentalists have committed the: _________

Answers

Answer:

Mistake of ignoring secondary effects

Explanation:

Whenever there arises an adverse impact of a policy and it's implementation, owing to ignorance of secondary consequences, it is termed as ignoring secondary effects.

In short, it refers to assessing and viewing only the positive aspects of a policy or a move, meanwhile not taking into consideration the other adverse consequences which are also associated with the same policy.

In the given case, the environmentalists have only considered the generation of alternative sources of energy via windmills which will lead to preservation of fossil fuels. The proposed policy has been implemented without taking into account it's flip side i.e the harm it causes to bat population and migratory birds.

Thus, it can be stated that the environmentalists herein only considered the favorable outcome of a policy implementation and ignored the adverse effect of the same. Hence, they are said to have committed the mistake of ignoring the secondary effects.

Suppose MR = MC = $3 at an output level of 2,000 units.
If a monopolist produces and sells 2,000 units, charging a price of $6 per unit and incurring average total cost of $4 per unit, the monopolist will earn profit equal to _______.

Answers

Answer:

Profit = $4000

Explanation:

Fo a monopoly, the total profit is maximized where the marginal revenue is equal to the marginal cost

The profit is equal to the amount by which the revenue is exceed the cost .

Profit = Total revenue - total cost

Profit = (2000× $6) - (2000× $4)

Profit = $4,000

Answer:

profit = TR-TC

Explanation:

Profit = 2000*6-2000*4 = 4000

Mindy is always asking for the source of comments or research to back up assumptions made at team meetings. Ultimately, the team creates better solutions because of this. What role is Mindy playing as a team member?

Answers

Answer:

The correct answer is: Resource Investigator.

Explanation:

There are different roles team members fulfill such as shaper, implementer, finisher, coordinator, team worker, resource investigator, monitor-evaluator, and specialist. The resource investigator role implies requesting support for the information that is portrayed to make sure the data the team has is reliable. Resource investigators are usually good at gathering information from others.

At the end of the current​ year, the accountant for Computer​ Graphics, Inc. forgot to make an adjusting entry to accrue Wages Payable for the​ company's employees for the last week in December. The wages will be paid to the employees in January. Which of the following is an effect of this​ error? a) Net income is overstated.b) Liabilities are overstated.c)Net income is understated.d) Expenses are overstated

Answers

Answer:

a) Net income is overstated

Explanation:

As we already know that

To record the accrued wages, the journal entry is  

Wages expense XXXXX

    To wages payable XXXXX

(Being the wages expense is recorded)

This entry indicates the increases in expenses and decrease in net income but if this entry is not made or forgot to make than the condition would be reverse i.e expenses understated and net income overstated. On the other side, the liabilities are overstated i.e liabilities understated in case the entry is not made

Other Questions
Family A and Family B both have 8 people in their family.The ages of each member is listed below.Family A: 35, 5, 42, 9, 16, 3, 8, 12Family B: 1, 5, 29, 3, 7, 35, 6, 9Which statement is correct about the variability of the twofamilies?a. The variability is the same for both Family A and Family Bbecause they have the same mean absolute deviationb. The variability for Family A is greater because the mean isgreater for Family Ac. The variability for Family B is greater because the meanabsolute deviation is greater for Familyd. There is not enough information to determine the variability, ten times a number increased by 150 PLEASE HELP ME2. After World War II, what was a major objective for Stalin in Eastern Europe? A. to help these nations to recover from the war and rebuild their economiesB. to set up a buffer zone of friendly nations to protect Russia against GermanyC. to hold free elections and have these nations become part of the NATO allianceD. to establish a strong European alliance to stimulate trade and prevent wars6. In which of these ways was the Warsaw Pact useful to the Soviet Union? A. Its member nations could influence the development of a reconstructed Germany.B. Its authority could be invoked to quell revolts in Soviet satellite nations.C. Its member nations could benefit from favorable trade relationships with the U.S.D. Its military strength could provide a balance of power against Chinese threats.7. Which policy or initiative contributed most to the nuclear arms race between the United States and the Soviet Union?A. Marshall PlanB. mutually assured destructionC. Truman DoctrineD. dtente8. Despite the balance of terror, why did people still fear nuclear war? A. The superpowers continued to develop new nuclear weapons.B. The superpowers had entered into dtente.C. Mutually Assured Destruction (MAD) was inevitable.D. head-to-head conflict between the superpowers never happened Income Statement Indicating Standard Cost Variances The following data were taken from the records of Griggs Company for December: Administrative expenses $100,800 Cost of goods sold (at standard) 550,000 Direct materials price varianceunfavorable 1,680 Direct materials quantity variancefavorable (560) Direct labor rate variancefavorable (1,120) Direct labor time varianceunfavorable 490 Variable factory overhead controllable variancefavorable (210) Fixed factory overhead volume varianceunfavorable 3,080 Interest expense 2,940 Sales 868,000 Selling expenses 125,000 Prepare an income statement for presentation to management. Enter all amounts as positive numbers except favorable variances. Use a minus sign to indicate favorable variances. Griggs Company Income Statement For the Month Ended December 31 $ $ Unfavorable Favorable Less variance adjustments to gross profitat standard: $ $ $ Operating expenses: $ $ Other expense: $ 10 customers entered a store over the course of 5 minutes. At what rate were thecustomers entering the store in customers per minute? WC= 15 and CO = 17, what is OW? In a laundromat, during the spin-dry cycle of a washer, the rotating tub goes from rest to its maximum angular speed of 4.7 rev/s in 8.3 s. You lift the lid of the washer and notice that the tub decelerates and comes to a stop in 17.5 s. Assuming that the tub rotates with constant angular acceleration while it is starting and stopping, determine the total number of revolutions undergone by the tub during this entire time interval. Why did technological innovations in farming and factory production lead to the creation ofmore jobs? Please help me... Everyone is getting this wrong... What is the product?(-3s +21)(45-6)A-1252-222B-1252 +222C-1252 +8st 22D-12s +11st-212 are 1.8 mm apart is illuminated by a monochromatic coherent light source. A fringe pattern is observed on a screen 4.8 m from the slits. If there are 5.0 bright fringes/cm on the screen, what is the wavelength of the monochromatic light you'd like to build a 3-d model of an airplane, but you're not quite sure what kind of airplane you want to make. What's the best way to start planning your project? Which best describes President Lincolns overall goal at the beginning of the Civil War? ato end slavery in the South bto preserve the Union cto split the South in two dto add coastline to the North which is true about rational numbers Each baseball team in a baseball league has 14 players. A total of 56 players signed up to play. If t represents the number of teams in the league which statement is true? 6. A cone is 10 inches tall and ha s a radius of 3 inches. What is the cones volume? A. 31.4 cubic inches B. 94.2 cubic inches C. 282.6 cubic inches D. 847.8 cubic inches How many times can you expect to roll a 4 if you rolls a fair number cube 120 times? (A fair number cube has 6 sides numbered 1 through 6. If a 4 appears 1 time out of 6 then how many times would it appear out of a 120?) eat cramps are caused by heavy sweating sun exposure discomfort flavored water Participants answering questions about geography might erroneously claim that San Diego, California, is farther west than Reno, Nevada, when in fact Reno is farther west. This example suggests that spatial information is sometimes stored in:_________.1. short-term memory using a perceptual code.2. short-term memory as propositions.3. long-term memory as propositions.4. long-term memory using a perceptual code. Wildhorse Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 8,000 $14,120 March 8,550 $14,979 February 7,490 13,495 April 8,195 14,490 Collapse question part (a1) Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per mile $