during 2022, sedgewick inc. had sales on account of $528,000, cash sales of $216,000, and collections on account of $336,000. in addition, they collected $5,800 which had been written off as uncollectible in 2021. as a result of these transactions, the change in the accounts receivable balance from the beginning of the year to the end of the year indicates a
Answers
The change in the accounts receivable balance, given the sales in the year, and the collections on account, was $ 192, 000.
How to find the change in accounts receivable ?The balance of money owed to a business for goods or services delivered or utilized but not yet paid for by clients is known as accounts receivable (AR). On the balance sheet, accounts receivable are shown as a current asset. Any sum of money that clients owe for purchases they made using credit is known as AR.
Due to the customer's legal duty to pay the debt, businesses include accounts receivable as an asset on their balance sheets. They are regarded as liquid assets since they can be pledged as security against a loan to cover immediate expenses. The working capital of a business includes receivables.
The change in accounts receivables from the beginning of the year to the end, is:
= Sales on account for the year - Collections on account
= 528, 000 - 336, 000
= $ 192, 000
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Related Questions
What are the basic forms of competition? Discuss
Answers
Answer:
Explanation:
La educación por competencias ha resurgido en todo el mundo con gran fuerza desde finales del siglo pasado. Las reformas del sistema educativo mexicano emprendidas en la última década y que comprenden todos los niveles tienen un elemento en común: un currículo con un enfoque basado en competencias. Al igual que en otros países, en México estamos viviendo una efervescencia por las competencias; no obstante, la confusión y la incertidumbre parecen ser el signo distintivo de estas reformas. Es cierto que el concepto de competencias es polisémico y complejo, que no existe una teoría unificada que sustente este enfoque y que carecemos de experiencia en la puesta en práctica de un currículo basado en competencias. Si a esto le sumamos la dificultad propia que entraña la evaluación del aprendizaje, diremos que las condiciones están puestas para que la ambigüedad y el desconcierto reinen en los centros educativos, tal como está sucediendo. Este artículo tiene como objetivo contribuir al debate teórico actual en torno a la evaluación de competencias, así como aportar algunos rudimentos de tipo metodológico que permitan a los profesores mejorar sus concepciones y prácticas de evaluación.
Palabras clave: educación por competencias, evaluación de competencias, currículo basado en competencias, aprendizaje por competencias.
An engineer at a manufacturing plant is investigating part failures identified during product installations at distributed sites. The engineer has narrowed it down to two (2) production lines A and B. She wants to perform a hypothesis test to determine whether the mean failure rate of product identified differs from production line A when compared to B.
if u1 = mean failure rate from production line 1 and u2 = mean failure rate from production line 2
Determine the null and alternative hypothesis for the proposed test?
1: u1 = u2 and Ha: u1 > u2
2: u1 = u2 and Ha: u1 = u2
3: u1 = u2 and Ha: u1 < u2
Answers
An engineer at a manufacturing plant is investigating part failures identified during product installations at distributed sites. The engineer has narrowed it down to two (2) production lines A and B. She wants to perform a hypothesis test to determine whether the mean failure rate of product identified differs from production line A when compared to B.
If u1 = mean failure rate from production line 1 and u2 = mean failure rate from production line 2, the null and alternative hypothesis for the proposed test are as follows:
Null hypothesis: The mean failure rate of the product identified does not differ when compared between production line A and B
u1 = u2
Alternative hypothesis: The mean failure rate of the product identified differs when compared between production line A and B.Ha: u1 ≠ u2
Note: In this case, the null hypothesis, is the mean failure rate of the product identified does not differ when compared between production line A and B. The alternative hypothesis is defined as the mean failure rate of the product identified differs when compared between production line A and B.
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Which investors have the right to vote for or against business initiatives presented at the annual general meeting?
_________ shareholders have the right to vote for or against a business decision made by the company in which they invested.
Answers
Answer: Equity
Explanation: Plato(Edmentum)
Equity shareholders have the right to vote for or against a business decision made by the company in which they invested.
What is the shareholder?A shareholder of a corporate body is an individual or legal entity who is certified by the corporate body as the registered proprietor of shares of a private or publicly traded corporation's share capital. Anyone who owns'shares in a company limited by shares is referred to as a shareholder.
Members of a corporation may be referred to as shareholders. The shareholder is the company's owner who provides financial security, controls how the directors manage the company, and receives a percentage of any profits produced by the company.
Therefore, Equity shareholders can vote for or against a business decision made by the firm in which they have invested.
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What type of relationship exists between interest rates and aggregate spending?
There is a(n) ______ relationship between interest rates and aggregate spending. When interest rates ______, aggregate spending decreases.
Answers
Answer:
mark brainlest
Explanation:
Higher real interest rates reduces aggregate expenditure by increasing the cost of loans while increasing the earnings from savings. Both factors reduce expenditures by reducing consumption and investments, and therefore, aggregate expenditure.
Why is it so hard to find essentials during times of crisis?
Answers
Answer:
because they are in high demand because so many other people want them
Question 26 Listen A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 7.9% commission and incur $645,000 in fixed costs, while an internal sales force has fixed costs projected at $2,080,000 and would receive 3.0% commission. At what sales volume would the manufacturer be indifferent between the two alternatives? Report your answer in dollars. Your Answer: Answer Question 27 4) Listen ► A manufacturer is considering a switch from manufacturers' representatives to an internal sales force. The following cost estimates are available. Manufacturers' reps are paid 8.8% commission and incur $600,000 in fixed costs, while an internal sales force has fixed costs projected at $1,750,000 and would receive 3.3 % commission. Assume that sales revenue is double the breakeven volume or the point at which the manufacturer would be indifference between reps and an internal sales force. At this volume, how much would the manufacturer save, assuming the company had switched to an internal sales force? Report your answer in dollars. Your Answer:
Answers
The manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29. The savings achieved by switching to an internal sales force at double the breakeven volume can be calculated using the provided cost estimates.
To determine the sales volume at which the manufacturer would be indifferent between manufacturers' representatives and an internal sales force, we need to equate the costs of both options.
For the manufacturers' representatives:
Total cost = Commission + Fixed costs
Total cost = 7.9% of sales + $645,000
For the internal sales force:
Total cost = Commission + Fixed costs
Total cost = 3.0% of sales + $2,080,000
To find the sales volume, we set the total costs of both options equal to each other:
7.9% of sales + $645,000 = 3.0% of sales + $2,080,000
Subtracting 3.0% of sales from both sides gives:
4.9% of sales + $645,000 = $2,080,000
Subtracting $645,000 from both sides gives:
4.9% of sales = $2,080,000 - $645,000
4.9% of sales = $1,435,000
Dividing both sides by 4.9% gives:
sales = $1,435,000 / 4.9%
sales ≈ $29,285,714.29
Therefore, the manufacturer would be indifferent between manufacturers' representatives and an internal sales force at a sales volume of approximately $29,285,714.29.
For the second question, we need to find the savings achieved by switching to an internal sales force at double the breakeven volume.
Assuming the breakeven volume is the sales volume at which the manufacturer would be indifferent, which is $29,285,714.29, we can calculate the savings.
Savings = Total cost with manufacturers' reps - Total cost with internal sales force
Savings = (8.8% of sales + $600,000) - (3.3% of sales + $1,750,000)
At the breakeven volume, the sales would be $29,285,714.29:
Savings = (8.8% of $29,285,714.29 + $600,000) - (3.3% of $29,285,714.29 + $1,750,000)
Calculating this equation will give the amount saved by switching to an internal sales force.
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Substitution and income effects of a change in price of a good may be used to explain the
direct relationship between price and quantity purchased.
O inverse relationship between price and quantity demanded.
direct relationship between price and quantity supplied.
direct relationship between income and demand.
Answers
Substitution and income effects of a change in price of a good may be used to explain the inverse relationship between price and quantity demanded.
What is the income and substitution effect?The substitution effect looks at the change in price of a good relative to other goods. If the price of a good falls, it becomes cheaper relative to other goods. As a result, consumers buy more of the good relative to other goods.
The income effect looks at how a change in price affects real disposable income. When the price of a good decreases, real disposable income increases. As a result, consumers can afford to buy more of the good as the consumers purchasing power has increased, holding money income constant.
So, when price falls, there is an increase in the quantity demanded. This is an inverse relationship.
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Problem 13. 3 the president of hill enterprises, terri hill, projects the firm's aggregate demand requirements over the next 8 months as follows: her operations manager is considering a new plan, which begins in january with 200 units on hand. Stockouts cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle-time costs. The plan is called plan
a
Answers
Plan A involves starting with 200 units on hand in January, and then ordering additional units as needed to meet the projected demand requirements. Each unit ordered incurs an inventory holding cost of $20 per month, and a stockout cost of $100 if demand exceeds supply.
On the other hand, not implementing the plan means that Hill Enterprises will rely solely on existing inventory levels to meet demand. If there are stockouts, the cost of lost sales will be $100 per unit.
To determine which plan is more cost-effective, we need to calculate the total costs for each scenario over the 8-month period. This involves considering the inventory holding costs, the stockout costs, and any additional costs associated with ordering and managing inventory.
Once we have calculated the total costs for each scenario, we can compare them to determine which option is more cost-effective for Hill Enterprises.
In general, it is important for enterprises to carefully analyze their inventory management strategies and consider the trade-offs between holding inventory and incurring stockout costs. By carefully weighing these factors, companies can optimize their operations and maximize profitability.
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suppose you have $5,000 to invest in a treasury bill for 20 years. the average annual rate of return is 1.5%. what is the real future value of your investment after 20 years?
Answers
If $5,000 to invest in a treasury bill for 20 years. the average annual rate of return is 1.5%. what is the real future value of your investment after 20 years is $6734.28.
What is Future Value?The worth of a current investment at some point in the future based on an estimated rate of growth is known as future value (FV).
For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
Further Investors can make wise investment choices based on their projected demands by knowing the future worth. However, external economic forces that depreciate an asset's value, such inflation, might have a negative impact on the asset's future worth.
Thus the Future value after 20 years on above investment at 1.5% is $6734.28.
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3. Which of the following is NOT an example of a violation of professional ethics?
Answers
Coming to a school activity after participating in happy hour with colleagues is not an example of a violation of professional ethics.
What is professional ethics?Professional ethics encompass the personal and corporate standards of behaviour expected of professionals. The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions, they are divinity, law, and medicine. The term professionalism was also used for the military profession around this same time.
Professionals and those working in acknowledged professions exercise specialist knowledge and skill. The use of this knowledge should be governed when providing a service to the public can be considered a moral issue and is termed professional ethics. It is capable of making judgments, applying its skills, and reaching informed decisions in situations that the general public cannot because they have not attained the necessary knowledge and skills.
One of the earliest examples of professional ethics is the Hippocratic oath to which medical doctors still adhere to this day.
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Write a muical expreion with at leat three operation that ha the ame value a (12-9) x 43 jutify your anwer
Answers
The required numerical expression with at least three operations that yield the same value as (12-9) x 43 is (23 - 20) x (40 + 3).
First, determine the solution for the given expression:
= (12-9) x 43
= 3 x 43
= 129
The given expression gives result 129.
Now write a numerical expression that provides the same value as the expression (12-9) x 43 produces.
For instance,
= (23 - 20) x (40 + 3)
Now solve it to check to see if it gives 129.
= (23 - 20) x (40 + 3)
= 3 x 43
= 129
Therefore, (23 -20) x (40 + 3) is the required numerical expression.
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mason is part of the union negotiating team. he is gathering information about accident records, employee performance reports, absenteeism and transfers. what step of collective bargaining is he performing?
Answers
The process by which management and union representatives negotiate the employment conditions for a bargaining unit for a designated period of time. The parties have a mutual obligation to bargain in good faith in an effort to reach an agreement with respect to wages, hours, and working conditions.
management consists of the activities of setting the strategy of an organization and coordinating the efforts of its personnel (or of volunteers) to accomplish its objectives via the application of to-be-had sources, inclusive of financial, herbal, technological, and human sources. "Run the enterprise"[1] and "exchange the enterprise" are two principles that might be utilized in management to distinguish between the continued shipping of products or services and adapting of goods or services to meet the converting needs of customers - see fashion. The term "control" can also talk over the individuals who manipulate a corporation—managers.
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What should appear in this section of a check register?
CHECK
NO
DATE
DESCRIPTION
TRANSACTION
AMOUNT
DEPOSIT
AMOUNT
BALANCE
$3667
$216.30
$15067
161
6/4
Sound Out
$216.30
new tape deck
withdrawal
ATM
6/18
$35.00
$35.00
$11567
$5500
$6067
spending money
check card
Food & groceries
Chkcd|6/18
$55.00
2010 Gynton, in
amount withdrawn
balance
check number
amount deposited
Answers
Answer:
how much you took out i think this is weird
Explanation:
Answer:
the answer is amount deposited
Explanation:
5 steps in developing a research instrument
Answers
Answer:
Explanation:
Step 1 – Locating and Defining Issues or Problems. ...
Step 2 – Designing the Research Project. ...
Step 3 – Collecting Data. ...
Step 4 – Interpreting Research Data. ...
Step 5 – Report Research Findings.
Answer:Step 1: locatingOr defining issues problems problems
Step 2: designing the research project
Step 3: collecting data
Step 4: interpreting research data
Step 5: Report research findings
Explanation: it is there as soon a u look it up ! Hope that helps
If the inflation rate turns out to be higher than expected, then for an existing loan with a fixed nominal rate:a. both the borrower and the lender benefit. b. the borrower benefits at the expense of the lender. c. the lender receives a higher real interest rate than they expected to. d. the borrower pays a higher real interest rate than they expected to.
Answers
Option ( A) both the borrower and the lender benefit
(As inflation rises, the nominal interest rate rises by the same amount, so the real interest rate remains the same.)
What is inflation?
Inflation is rate of increase in prices over a period of time. Inflation is usually a broad measure, such as a general rise in prices or an increase in the cost of living in a country.
Are inflation good or bad?
High inflation can harmful, but low inflation can also weaken an economy. If the economy struggles and inflation is too low, the Fed will take the opposite approach, cutting interest rates or buying assets to increase cash in circulation.
What occurs if inflation is high?
Rising inflation reduces the purchasing power of savings over time, discouraging savings. This outlook can spur consumer spending and business investment. As a result, when inflation rises, unemployment is often the first to fall.
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Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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What is the first step of the business impact assessment process?
A) Identification of priorities
B) Likelihood assessment
C) Risk identification
D) Resource prioritization
Answers
Answer:
The Answer is D
Explanation:
It is D because you will have to organize your tasks before you do anything else.
promotions offered by manufacturers that serve as enticements to push the product through the channel are:A)consumer promotions.
B)rebate programs.
C)direct marketing programs.
D)trade promotions.
Answers
D) Trade promotions. Trade promotions typically involve offering special discounts, allowances, or incentives to encourage retailers to carry and promote specific products. Examples of trade promotions include:
Trade promotions refer to various marketing activities and incentives offered by manufacturers or suppliers to encourage retailers, wholesalers, or other channel partners to promote and sell their products. These promotions are designed to increase product visibility, generate higher sales volumes, and enhance brand awareness within the distribution channel. Trade promotions typically involve offering special discounts, allowances, or incentives to encourage retailers to carry and promote specific products. Examples of trade promotions include Trade Discounts: Manufacturers may offer discounts to retailers or wholesalers based on the number of products purchased or the volume of sales generated. These discounts aim to encourage larger orders or increased sales.
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write a letter to your father asking for money to buy textbooks and pay for your school fees
Answers
Answer:
pay
Explanation:
true or falsein the long run, monopolistic competitive firms will end up producing at a price equal to that of competitive markets.
Answers
In the long run, monopolistic competitive firms may not necessarily end up producing at a price equal to that of competitive markets. This is because monopolistic competition is characterized by firms that have some degree of market power due to product differentiation, branding, and advertising.
However, if monopolistic competitive firms charge too high of a price, they risk losing customers to substitute products or new competitors entering the market. This pressure from competition can lead to firms reducing their prices over time in order to stay competitive. Overall, while monopolistic competition does not result in the same level of price competition as perfect competition, firms in this market structure still face competitive pressures that can influence their pricing decisions. As a result, it is not necessarily true that monopolistic competitive firms will end up producing at a price equal to that of competitive markets in the long run.
In a monopolistic competitive market, firms have some degree of market power, which allows them to set prices above their marginal cost. In contrast, competitive markets feature firms producing at a price equal to their marginal cost due to the presence of many firms and perfect competition. In the long run, monopolistic competitive firms will have excess capacity, producing at a level where their average total cost is not minimized. This results in higher prices compared to competitive markets, where firms produce at the lowest average total cost possible.
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With respect to bad debts, what is the allowance method
Answers
Answer:
The allowance method refers to one of the two ways for reporting bad debts expenses that results from a company selling goods or services on credit. A business will set aside a certain amount of funds to cover bad debts—or money that probably won’t be repaid to them—and is typically calculated as a percentage based on company sales (in a previous sales period) and specific customer risk assessment.
Businesses and _____________________ are accepting greater environmental
Answers
avoid using materials unnecessarily
reduce your paper needs by asking staff to print double-sided
reuse by encouraging staff to use scrap paper for message-taking instead of purchasing message pads
recycle by shredding excess paper - you could recycle this commercially or invite staff to take it home for their compost or mulch heaps.
What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Answers
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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What does data mining allow you to do? (Select three answers.)
Make predictions about what people are likely to buy
Gather information about a target market
Decide what marketing message to use
Decide how to reach the target market
Shop online
Create a Web site for selling products
Get more visitors to your company's Web site
Collect primary data
Collect secondary data
Answers
Data mining allows you to do -
Gather information about a target marketDecide what marketing message to useDecide how to reach the target marketWhat is Data mining?Data mining is the process of extracting and discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems.
What is a target market?A particular group of consumers at which a product or service is aimed.
What is marketing?The action or business of promoting and selling products or services, including market research and advertising.
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Answer:
What does data mining allow you to do? (Select three answers.
Make predictions about what people are likely to buy
decide what marketing message to use
Decide how to reach the target market
Explanation:
Which of the following is an appropriate front and point size selection for a business letter
Answers
Answer:
Times New Roman also remains the default font for many word processing programs. When using Times New Roman in a business letter, set the size as 12-point in order for the document to be read most easily.
Also
If you can't decide between sizes, a 12-point font is usually the reliable choice because it's incredibly common in the business world.
Explanation:
If you can choose to produce
televisions and phones, and you
produce 100% televisions, how many
phones can you produce?
A. 0%
B. 25%
C. 50%
D. 100%
Answers
answer: A
because you are producing 100% tv so you will produce 0% phones.
Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answers
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
Do I have any college students on here willing to help me with a project? It's for my personal finance class. I'm in college but I'm a high schooler. I have to make a report on what the average college student spends. I will not be asking for bank card/account info or anything of that sort. No social security numbers or phone numbers. If you'd be willing to help me out thanks!!
Answers
Explanation: I'm a VERY smart 7th grader. : )
Answer:
i'm not in college but i can help you if you need help
Explanation:
organizations carry out human resource planning to
Answers
Human resource planning is done by businesses to ensure that workers are matched with their ideal positions in a way that prevents shortages or surpluses of labour.
What is the goal of planning for human resources?By creating plans that will lead to the best possible contribution of human resources, human resource planning aims to maintain and enhance the organization's capacity to fulfil its goals. Planning for human resources helps prevent shortages or surpluses of labour while ensuring the optimal match between employees and positions. The HRP process consists of four essential components. These involve reviewing the current labour market, predicting future need for labour, balancing supply and demand, and advancing organisational objectives. Forecasting labour need, analysing the current labour supply, and balancing predicted labour demand and supply are the three main components of the HR planning process.
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HELP ASAP Line graphs show price trends over different time periods. What data points are used to create a line graph on the stock quote shown?
The line graph is created using the (close price, open price, volume) of the stock each (day, month).
Answers
Answer:
close price; day
Explanation:
Line graphs show price trends over different time periods. The line graph is created using the close price of the stock each day. Thus, option 1. (a) and 2. (a) is correct.
What is graphs?The graphical depiction of connections between points and lines is known as a “graph.” The graph is mostly used to methodically portray data, such as bar graphs, pie charts, and tables. The graph is the help of the comparison between the different graphs. There are the different types of the graph are the bar graph and pie graph.
A line graph, also called as a line chart or a line plot, is widely used to depict changing information. A line graph was used to depict the day's closure on the price. A line graph was given at the conclusion of the point 1705,74. Using the time period, a line graph was created.
As a result, the line graph is created using the close price of the stock each day. Therefore, option (a) is correct.
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