Indicate whether each statement best describes the allowance method or the direct write-off method. Method List 1. Does not predict bad debts expense. 2. Accounts receivable on the balance sheet is reported at net realizable value. 3. The write-off of a specific account does not affect net income. 4. When an account is written off, the debit is to Bad Debts Expense. Usually does not best match sales and expenses because bad debts expense is not recorded until an account becomes uncollectible, which usually occurs in a period after the credit sale 6. Estimates bad debts expense related to the sales recorded in that period.

Answers

Answer 1

1. Direct - No estimation are made and bad debt expense are charged when an account is written-off.

The answers are mentioned below.

What is debt expense?

Debt expense is the amount of interest that a business pays on any outstanding debt liabilities on its balance sheet.  This can include any interest payments on short-term loans, long-term loans, bonds, and other debt instruments. Generally, debt expenses are recorded as an expense on the income statement, reducing the overall net income of the business.

2. Allowance - Account receivable is reported as Total - Allowance = Net

3. Allowance - The amount charged from receivable hits allowance account not income statement

4. Direct - The amount hits Income Statement

5. Direct - Sales is recorded in period of sales while Bad-debt is recorded when it is confirmed that it is bad

6. Allowance - It requires estimation of bad debt expenses

For more questions related to Sales

https://brainly.com/question/25743891

#SPJ1


Related Questions

suppose the growth rate of gdp in the united states is 2.9 percent. if 1.2 percent and 0.9 percent are due, respectively, to capital and labor growth, the amount resulting from technological progress is: answer unselected 2.1 percent unselected 1.0 percent unselected 0.8 percent

Answers

The growth rate of GDP in the United States is 2.9%. If 1.2% and 0.9% are due, respectively, to capital and labor growth, the amount resulting from technological progress is 0.8%.

GDP (Gross Domestic Product) is the market value of all goods and services produced within a nation's borders in a given year. It is the most commonly used economic indicator, used by policymakers and analysts to assess the state of the economy and its economic growth. It is calculated by summing the consumption expenditure, investment expenditure, government expenditure, and net exports (exports minus imports). Technological progress refers to the development of new technologies or the improvement of existing technologies that result in increased productivity or efficiency. Technological progress can be achieved through investments in research and development or through the adoption of new technologies in production processes. Suppose the growth rate of GDP in the United States is 2.9%. If 1.2% and 0.9% are due, respectively, to capital and labor growth, the amount resulting from technological progress is 0.8%. This is because: 2.9% = 1.2% + 0.9% + Technological progress

Technological progress = 2.9% - 1.2% - 0.9% Technological progress = 0.8% Hence, the amount resulting from technological progress is 0.8%.

Learn more about economic growth here https://brainly.com/question/11679822

#SPJ11

Which of the following is most likely to help managers in screening hundreds or even thousands of new product concepts in a year?A. Reinventing the wheel when a concept similar to one that has been rejected comes up again laterB. Bypassing the full screen to begin technical developmentC. Maintaining a record of rejected conceptsD. Cancelling concepts that are unacceptable, but possibly worthwhile

Answers

"Maintaining a record of rejected concepts" is most likely to help managers in screening hundreds or even thousands of new product concepts in a year. Option C is the correct answer.

Keeping a database of previous product concepts that were rejected along with the reasons for their rejection can help managers to avoid investing resources in concepts that have already been deemed unsuitable for development. By analyzing the records of past concepts, managers can identify patterns and develop a more efficient screening process. This approach allows managers to quickly screen new concepts against previous rejected concepts and focus on those with the most potential for success.

You can learn more about managers at

https://brainly.com/question/24708179

#SPJ11

Current Liabilities and Ratios Several accounts that appeared on Kruse's 2017 balance sheet are as follows: Accounts Payable $55,000 Equipment $950,000 Marketable Securities 40,000 Taxes Payable 15,000 Accounts Receivable 180,000 Retained Earnings 250,000 Notes Payable, 12%, due in 60 days 20,000 Inventory 85,000 Capital Stock 1,150,000 Allowance for Doubtful Accounts 20,000 Salaries Payable 10,000 Land 600,000 Cash 15,000 Required: 1. Prepare the Current Liabilities section of Kruse's 2017 balance sheet. Kruse Partial Balance Sheet As Of December 31, 2017 Current liabilities: Accounts payable $ 55,000 Notes payable, 12%, due in 60 days 20,000 Taxes payable 15,000 Salaries payable 10,000 Total current liabilities $ 100,000 Feedback Prepare the liabilities section of the balance sheet. 2. Compute Kruse's working capital. __ 3. Compute Kruse's current ratio. __: 1

Answers

In the following question, among the conditions given in the missing blanks about Current Liabilities, Kruse's working capital would be "$220,000". Kruse's current ratio would be "3.3:1."

The Current Liabilities section of Kruse's 2017 balance sheet would include the following accounts:
Accounts Payable: $55,000
Notes Payable, 12%, due in 60 days: $20,000
Taxes Payable: $15,000
Salaries Payable: $10,000
Total Current Liabilities: $100,000
Kruse's working capital is calculated by subtracting current liabilities from current assets. Current assets are Accounts Receivable ($180,000), Marketable Securities ($40,000), Inventory ($85,000), and Cash ($15,000). Therefore, Kruse's working capital would be $220,000.
Kruse's current ratio is calculated by dividing current assets by current liabilities. Current assets are $330,000 (Accounts Receivable $180,000 + Marketable Securities $40,000 + Inventory $85,000 + Cash $15,000), and current liabilities are $100,000. Therefore, Kruse's current ratio would be 3.3:1.

For more such questions on Current Liabilities

https://brainly.com/question/29341666

#SPJ11


a credit score is an indicator of how well someone pays off their debt, not how well they handle money. T/F

Answers

True, A person's credit score is a reflection of how effectively they handle their debt, not how well they manage their finances.

A credit score is a numerical rating that ranges from 300 to 850 and assesses a person's tendency to repay debt. A borrower with a better credit score is viewed as being more trustworthy and less dangerous. A credit score, which ranges from 300 to 850, represents a person's creditworthiness. The three principal credit reporting agencies are Equifax, Experian, and TransUnion. A credit score is a crucial element in a lender's decision to extend credit. The FICO rating system is used by many financial organizations. A person's credit score is based on their total amount owed, length of credit history, types of loans, and history of loan repayment.

To learn more about credit score refer here:

https://brainly.com/question/25668115

#SPJ4

True or False: A linear short run production function implies that the law of diminishing returns does not take place over the range of output being considered. A linear production function has constant marginal product.

Answers

1 - The given statement "A linear short run production function implies that the law of diminishing returns does not take place over the range of output being considered. " is false becasue it incorrectly defines law of diminishing returns.

2- The given statement "A linear production function has constant marginal product." is true because it correctly defines that linear production function has constant marginal product.

1- A linear short run production function does not imply that the law of diminishing returns does not take place over the range of output being considered. The law of diminishing returns states that as more units of a variable input are added to a fixed input, the marginal product of the variable input will eventually decrease. This can occur in a linear production function if the variable input is the limiting factor in production.

2- A linear production function has constant marginal product. In a linear production function, the slope of the function is constant, which means that the marginal product is constant. This implies that each additional unit of input will produce the same amount of output.

You can learn more about law of diminishing returns at

https://brainly.com/question/19070161

#SPJ11

Q5. For United Africa Company the following projected reports the following operating results for the month of June 30, 2023 availed for analysis. Round all percentage answers to one decimal place.

United Africa Company
CVP projected income statement
For the Month Ended June 30, 2023
Total Per unit
Sales (5000 units ) $600,000 $120
Variable cost 360,000 72
Contribution margin 240,000 48
Total Fixed cost 200,000
Net income 40,000

Instructions:
To increase net income, project management team is considering reducing the selling price by 10%, with no changes to unit variable costs or fixed costs. Project Management team is confident that this change will increase unit sales by 25%. Using the contribution margin technique, compute the break-even point in units and dollars and margin of safety in dollars.
A. Assuming no changes to sales price or costs,
B. Assuming changes to sales price and volume as described above.
C. Assuming change (B) approved, Calculate the number of units that the company must sell to earn operating income of $80,000.
D. Comment on your findings.

Answers

Answer:

A. Assuming no changes to sales price or costs:

Break-even point (in units) = Total Fixed Cost / Contribution Margin per unit

Break-even point (in units) = $200,000 / $48 = 4,167 units

Break-even point (in dollars) = Break-even point (in units) x Sales price per unit

Break-even point (in dollars) = 4,167 x $120 = $500,040

Margin of safety (in dollars) = Total Sales - Break-even point (in dollars)

Margin of safety (in dollars) = $600,000 - $500,040 = $99,960

B. Assuming changes to sales price and volume as described above:

New selling price per unit = $120 - (10% of $120) = $108

New sales volume = 5000 x 1.25 = 6250 units

New total sales = New sales volume x New selling price per unit = 6250 x $108 = $675,000

New contribution margin = New total sales - Variable costs = $675,000 - ($72 x 6250) = $270,000

New net income = New contribution margin - Total Fixed costs = $270,000 - $200,000 = $70,000

Break-even point (in units) = Total Fixed Cost / Contribution Margin per unit

Break-even point (in units) = $200,000 / $48 = 4,167 units

Margin of safety (in dollars) = Total Sales - Break-even point (in dollars)

Margin of safety (in dollars) = $675,000 - ($200,000 / 0.6) - $500,040 = $174,960

C. Assuming change (B) approved, Calculate the number of units that the company must sell to earn operating income of $80,000:

Required contribution margin = Total Fixed costs + Operating income

Required contribution margin = $200,000 + $80,000 = $280,000

Required sales revenue = Required contribution margin / Contribution margin ratio

Contribution margin ratio = Contribution margin per unit / Sales price per unit = $48 / $108 = 0.4444

Required sales revenue = $280,000 / 0.4444 = $630,063

Required sales volume = Required sales revenue / Selling price per unit = $630,063 / $108 = 5,834 units

D. Based on the analysis, reducing the selling price by 10% and increasing unit sales by 25% results in an increase in net income from $40,000 to $70,000. The break-even point in units remains the same at 4,167 units, but the break-even point in dollars increases from $500,040 to $525,042. The margin of safety increases from $99,960 to $174,960. To earn operating income of $80,000, the company needs to sell 5,834 units, which is less than the new projected sales volume of 6,250 units. Overall, the proposed changes seem to be beneficial for the company.

Lewis must communicate important policy changes to his sales reps on the road. He would also like their active participation and immediate feedback. The proper medium for this message would be which of the following?
a. A virtual meeting
b. Posting an announcement on the office bulletin board
c. Forwarding a letter or e-mail
d. One that targets the secondary audience

Answers

A
This would make sure everyone sees the new policy and they Can provide feedback quickly.

money market instruments are securities a. with maturities of one year or less. b. with maturities of more than one year. c. representing the ownership of real estate. d. representing equity ownership of publicly traded companies.

Answers

Money market instruments are securities with maturities of one year or less. Therefore, option a. is the correct answer.

What are money market instruments?

The instruments that are used for short-term lending and borrowing are referred to as money market instruments. The term "money market" refers to the marketplace where these instruments are traded.

Investors buy money market instruments because they are regarded as safe investments with low risk. Money market instruments are often used by institutions and corporations to borrow money, as well as by governments to finance budget shortfalls, and are frequently employed in the implementation of monetary policy.

In conclusion, option a. with maturities of one year or less is the correct answer.

See more about money market at https://brainly.com/question/1305875.

#SPJ11

When a marketing researcher uses a collection of reports, customer letters, financial statements, and surveys from different departments within her firm, she is using

Answers

When a marketing researcher uses a collection of reports, customer letters, financial statements, and surveys from different departments within her firm, she is using Internal secondary data.

A study technique called secondary research, commonly referred to as desk research, is gathering pre-existing data obtained from various sources. This refers to both external sources (such as outside research) and inside sources such as internal research as government statistics, organizational bodies, and the internet.

Secondary research may be found online, in libraries, and museums, and it can be obtained in a variety of ways, including published statistics, reports, and survey results. The data was acquired via surveys, phone interviews, observation, face-to-face interviews, and other methods, and is often free or available with a fee for restricted access. Researchers gather secondary research, verify it, analyze it, and then incorporate it to support the confirmation of their research objectives for the study period.

Learn more about Data here:

https://brainly.com/question/28132995

#SPJ4

A great alternative to a four-year college—and one that could save you a bunch of money—would be to go _____.

Answers

A community college would be a fantastic substitute for a four-year institution of higher learning and one that may help you save a ton of money.

Is a portion of the loan fee imposed to defray the expense of providing the loan?

You pay a fee for borrowing money that is calculated as a percentage of the loan amount. You are obligated to pay this recurring fee in addition to the principal. Always noted in the promissory note is the interest rate.

What are higher education's hidden costs?

When creating a college budget, students must take other expenses into consideration. Textbooks, transportation, and club dues are a few examples of hidden costs. Students' spending is also influenced by their involvement in Greek life and where they live off campus.

To know more about community visit:-

https://brainly.com/question/17407464

#SPJ1

miriam romero owns a home in edmond, oklahoma. she is worried her property might be damaged due to some unforeseen event. this worry about the uncertainty as to a loss is an example of a:

Answers

Miriam Romero's worry about the uncertainty of a potential loss to her property is an example of risk.

What is Risk?

Risk refers to the likelihood of a negative outcome occurring and the potential impact it may have. In this case, the potential negative outcome is property damage, and the impact could be financial, emotional, or both.

Risk management involves identifying potential risks, assessing their likelihood and impact, and taking steps to mitigate or minimize them. In Miriam's case, she may choose to purchase insurance or take measures to protect her property from potential hazards.

Read more about business owner here:

https://brainly.com/question/23282485

#SPJ1

Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are listed below. Alternative X Alternative Y Materials costs $ 41,000 $ 59,000 Processing costs $ 45,000 $ 45,000 Equipment rental $ 17,000 $ 17,000 Occupancy costs $ 16,000 $ 24,000 What is the financial advantage (disadvantage) of Alternative Y over Alternative X?
Multiple Choice
$132,000
$26,000
$145,000
$119,000

Answers

There is no one correct answer to the question asked, so it is necessary to provide all of the necessary information. Given the two choices, code-named X and Y, the costs are as follows:

                   Alternative X Alternative Y

Materials cost $ 41,000 $ 59,000

Processing costs $ 45,000 $ 45,000

Equipment rental $ 17,000 $ 17,000

Occupancy costs $ 16,000 and $ 24,000

The financial advantage (or disadvantage) of Alternative Y over Alternative X may be calculated by subtracting the costs of Alternative X from the costs of Alternative Y.

This provides total cost savings (or cost increase) associated with Alternative Y over Alternative X.

Y costs $145,000, whereas X costs $102,000 ($41,000 + $45,000 + $17,000 + $16,000).

As a result, subtracting X from Y yields: $145,000 - $102,000 = $43,000.

Therefore, the financial advantage of Alternative Y over Alternative X is $43,000. Answer: $43,000.

To learn more about “ financial advantage” refer to the https://brainly.com/question/28817767

#SPJ11

You have recently subscribed to an online data analytics magazine. You really enjoyed an article and want to share it in the discussion forum. Which of the following would be appropriate in a post? Select all that apply.
Giving credit to the original author
Including your own thoughts about the article
Checking your post for typos or grammatical errors

Answers

The appropriate things to do when sharing an online data analytics magazine article in a discussion forum are checking your post for typos or grammatical errors, giving credit to the original author, and including your own thoughts about the article. Therefore, the correct options are B, C, and D.

The following would be appropriate in a post when sharing an online data analytics magazine article in a discussion forum:

Checking your post for typos or grammatical errors: This ensures that your post is easy to read and understand, and it shows that you take the time to present your ideas clearly.Giving credit to the original author: This is important to acknowledge the source of the information and avoid plagiarism.Including your own thoughts about the article: This shows that you have read and understood the article, and it provides an opportunity to share your own insights and opinions.

It is important to be respectful and considerate of other forum members' opinions, even if you disagree with them. It is inappropriate to include an advertisement for how to subscribe to the data analytics magazine. This could be seen as spam and could detract from the quality of the discussion. Hence, the correct answers are option, B, C, and D.

Note: The question is incomplete. The complete question probably is: You have recently subscribed to an online data analytics magazine. You really enjoyed an article and want to share it in the discussion forum. Which of the following would be appropriate in a post? Select all that apply. A) Including an advertisement for how to subscribe to the data analytics magazine. B) Checking your post for typos or grammatical errors. C) Giving credit to the original author. D) Including your own thoughts about the article

Learn more about Discussion forum:

https://brainly.com/question/29785611

#SPJ11

A project team assigns probabilities of 0.1,0.3,and 0.6 respectively to the maturity,complexity,and dependency categories.The probability of failure can be calculated as:
A)0.02.
B)0.45.
C)0.33.
D)0.57.

Answers

The probability of failure can be calculated as 0.33 after summing up the given options of probabilities 0.1,0.3,and 0.6

The failure probability, abbreviated as pf, is the probability that a limit state will be exceeded during a particular reference time period. When this occurs, a desired building component ends up in an unwanted state. Probability of failure (PoF), a yardstick of probability, considers both the efficacy of the inspection programme and the level of confidence in the rates and pathways of damage period. A PoF is calculated using the mathematical and statistical likelihood of failure of several operating system mechanisms. The phrase "decreasing failure rate" (DFR) refers to a phenomenon in which the probability of an event occurring within a specific time window decreases over time. An instance of a lowering failure rate is a stage of "infant mortality" when earlier failures are erased.

To learn more about probability refer here:

https://brainly.com/question/30034780

#SPJ1

If the natural rate of unemployment exceeds the actual rate of unemployment, which of the following will occur in the long run in the absence of govemment intervention?
a There will be cyclical unemployment.
b Input prices will derease.
с Nominal wages will increase
d The aggregate demand curve will shift to the left.
e The short-run aggregate supply curve will shift to the right.

Answers

If the natural rate of unemployment exceeds the actual rate of unemployment, nominal wages will increase in the long run in the absence of government intervention.

Nominal wages are the amount of money paid to employees as remuneration for their labor, regardless of their actual purchasing power, and they often follow an upward trend.

The natural rate of unemployment is the percentage of people who are unemployed because of changes in the economy, such as recessions, business cycles, or economic growth.

The nominal wage rate, in particular, refers to the wage rate in current prices, and it is unlikely to be influenced by the state of the economy, such as inflation, growth, or recession.

The long-run trend of nominal wages is upward, which implies that as the economy grows, nominal wages will rise.

As a result, if the natural rate of unemployment exceeds the actual rate of unemployment, nominal wages will increase over time in the absence of government intervention.

Learn more about nominal wages here:

https://brainly.com/question/31090808

#SPJ11

assume that malnava company will pay a $2.00 dividend per share next year, an increase from the current dividend of $1.50 per share that was just paid. after that, the dividend is expected to increase at a constant rate of 5%. if you require a 12% return on the stock, the value of the stock is

Answers

The dividend is expected to increase at a constant rate of 5%. if you require a 12% return on the stock. The value of the stock is $28.57 per share.


We can use the Gordon Growth Model to calculate the value of the stock, which is based on the present value of all future dividends.

First, we need to calculate the dividend expected to be paid in the future after the next year. Using the constant growth rate of 5%

Expected dividend in year 2 = Dividend in year 1 * (1 + growth rate)

Expected dividend in year 2 = $2.00 * (1 + 0.05) = $2.10

Value of stock = D1 / (r - g)

D1 = Expected dividend in the next year = $2.00

r = Required rate of return = 12%

g = Growth rate of dividends = 5%

Plugging in the values

Value of stock = $2.00 / (0.12 - 0.05)

Value of stock = $2.00 / 0.07

Value of stock = $28.57

Therefore, the value of the stock is $28.57 per share.

Learn more about Value of stock here:

https://brainly.com/question/8084221

#SPJ11

By the mid-twentieth century, in the case of ______ the courts had given boards of directors and management more latitude in determining how to balance the interests of stakeholders.
Shirensky v. Wrigley

Answers

By the mid-twentieth century, in the case of Shirensky v. Wrigley the courts had given boards of directors and management more latitude in determining how to balance the interests of stakeholders.

What was Shirensky v. Wrigley about?

Shirensky v. Wrigley is a United States Court of Appeals decision that was made in 1947. The court held that directors of a corporation must be allowed to balance the interests of different groups of stakeholders, such as shareholders, employees, creditors, and customers, in order to make decisions that promote the company's long-term well-being.

This decision significantly expanded the discretion of boards of directors and management in determining how to balance the interests of stakeholders. The court's selection in Shirensky v. Wrigley was one of the most important legal precedents in corporate law history, and it had a significant impact on the development of corporate governance principles in the United States.

Learn more about stakeholders here:

brainly.com/question/15532995

#SPJ11



As part of the 'Value Discovery' process/customer interactions, what must be the approach with respect to TCS IPs and

assets?

Select the correct option(s) and click submit.

Discuss the potential of creating new IPs with the customer

Position existing TCS assets and IPs with the customers

IPs are an outcome of solutioning and, therefore, need to be discussed during the 'Value Proposition' cycle

IPs are an outcome of final delivery and, therefore, need to be discussed during the 'Value Delivery' cycle

Submit

Answers

option  B is correct -Position the customers with regard to the current TCS assets and IPs.

The customer must receive true value from it. That must be the best remedy for your customer's problems. Salespeople who use this method must go above and beyond their own interests and demonstrate genuine concern for the customer. Moreover, empathy is needed.

The strategy with regard to TCS IPs and assets should be to position them with the customers during the "Value Discovery" process and customer interactions. This entails demonstrating the pertinent knowledge and resources that TCS has created in the past and is able to contribute to the table for the demands of the client. The emphasis is on showcasing TCS's strengths and knowledge in providing value to the client.

Learn more about “   TCS IPs and assets ”  visit here;

https://brainly.com/question/26230428

#SPJ4

An investment offers $7,700 per year for 14 years, with the first payment occurring one year from now. Assume the required return is 8 percent.What is the value of the investment today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)Present value $

Answers

For an investment offering $7,700 per year for 14 years, and required return rate of 8%, the value of investment today is $64,454.93.

The value of the investment today is calculated by discounting the future cash flows at the required return. The present value is the sum of all discounted future cash flows. The present value of the investment can be calculated as follows:

Present Value =  7,700 / (1.08) + 7,700 / [tex](1.08)^{2}[/tex] + ... + 7,700 / [tex](1.08)^{14}[/tex]

Present Value = 7,700 / (1.08) + 7,700 /  [tex](1.08)^{2}[/tex] + ... + 7,700 /  [tex](1.08)^{2}[/tex]

Present Value = $64,454.93

Therefore, the value of investment today is $64,454.93 at return rate of 8%.

Learn more about "Investment"; https://brainly.com/question/29547577

#SPJ11

in what two ways have promotion efforts changed to improve transactions and increase customer intimacy?

Answers

Two ways in which promotion efforts have changed to improve transactions and increase customer intimacy include:

Emphasis on personalizationIntegration of technology

How have promotion efforts changed customer intimacy?

Modern promotion efforts are increasingly focused on personalization, tailoring marketing messages and promotions to individual customers based on their preferences, behavior, and purchase history.

The use of technology has also revolutionized promotion efforts, allowing companies to reach customers through a variety of channels, including social media, email marketing, and mobile apps.

By leveraging technology, companies can create more engaging and interactive marketing experiences, such as personalized video messages or augmented reality promotions.

Find out more on promotional efforts at https://brainly.com/question/29914997

#SPJ1

A Firm's success depends on a manager's ability to _____
a. assign tasks to avoid based on a worker's weakness b. assign tasks based on a worker's strengths c. assign tasks that workers prefer

Answers

A firm's success depends on a manager's ability to assign tasks based on a worker's strengths.

What is the meaning of "manager"? A manager is a person who is responsible for the management of an organization or department. It is critical that the manager understand his or her role in a company's success. A manager's skill set includes developing the company's strategy, planning, and coordinating resources to achieve organizational objectives.

A manager must possess the following characteristics:

The ability to lead and guide othersthe ability to make sound decisions and handle difficult situations. A good listenerThe ability to motivate employees to achieve their full potentialA keen sense of judgment

A manager should be able to assign tasks to their subordinates according to their strengths, which will aid in the completion of the work in the most efficient manner possible. A worker's productivity is determined by their ability to use their skills and knowledge to perform their job duties. If a worker is assigned a task that they are not comfortable with, they will struggle to complete it. This will lead to frustration, low motivation, and poor performance.

As a result, a firm's success is dependent on a manager's ability to assign tasks that are based on a worker's strengths rather than weaknesses.

To learn more about “manager” refer to the https://brainly.com/question/24553900

#SPJ11

In the current year, Roger pays a $3,000 premium for high-deductible medical insurance for him and his family. In addition, he contributed $2,600 to a Health Savings Account.
Place $0 where applicable.
A. How much may Roger deduct if he is self employed? Is the deduction for AGI or from AGI:
Premium for high deductable medical insurance:
Contribution to HSA:
Total:
Deduction for AGI:
Deduction from AGI:
B. How much may Roger deduct if he is an employee? Is the deduction for AGI or from AGI?
Premium for high deductible medical insurance:
Contribution to HSA:
Total:
Deduction for AGI:
Deduction from AGI:

Answers

If Roger is self employed a total deduction for AGI of $5,600. If Roger is an employee total deduction for AGI of $2,600.

insurance premium is defined as the payment determined as the risk transfer fee from the policyholder to the insurance provider. The premium amount is set by the insurance company and agreed to by the policyholder. The premium amount is determined by many factors. 

If Roger is self employed, he may deduct the premium for high deductible medical insurance of $3,000 and the contribution to HSA of $2,600, for a total deduction of $5,600. This deduction is for AGI.

If Roger is an employee, he may deduct the contribution to HSA of $2,600, for a total deduction of $2,600. This deduction is from AGI.

Learn more about insurance premium: brainly.com/question/27870491

#SPJ11

One of the problems with ROMI is that it often focuses on __________ rather than looking at the effects or changes in brand equity. A. Long-term decision perspective B. Short-term decision perspective C. Relationship marketing D. Incremental authorization E. None of these

Answers

B. Short-term decision perspective is the correct answer. Return on marketing investment (ROMI) is a metric that measures the financial return on investment from marketing activities, typically in the short term.

ROMI is often criticized for focusing too heavily on short-term financial returns, such as immediate sales, and not taking into account the long-term effects of marketing activities, such as changes in brand equity or customer loyalty. Therefore, while ROMI is a useful metric for evaluating short-term marketing effectiveness, it is important to supplement it with other measures that capture the longer-term impact of marketing investments on brand equity, customer engagement, and overall business performance.

To know more about customer engagement, visit :

https://brainly.com/question/30547901

#SPJ1

sundance systems has the following transactions during july. july 5purchases 42 lcd televisions on account from red river supplies for $2,600 each, terms 2/10, n/30. july 8returns to red river four televisions that had defective sound. july 13pays the full amount due to red river. july 28sells remaining 38 televisions from july 5 for $3,100 each on account.

Answers

As per the given transactions for Sundance Systems during July, the step-by-step explanations are mentioned below:On July 5th, Sundance Systems purchased 42 LCD televisions on account from Red River Supplies for $2,600 each, terms 2/10, n/30.

Sundance Systems Account is debited with $109,200 [$2,600 x 42] and Red River Supplies Account is credited with the same amount. Sundance Systems will also record the accounts payable for $109,200 until the payment is made.

On July 8th, Sundance Systems returned four televisions to Red River Supplies that had defective sound.Red River Supplies Account is debited with $10,400 [$2,600 x 4] and Sundance Systems Account is credited with the same amount.

On July 13th, Sundance Systems pays the full amount due to Red River Supplies.Sundance Systems will record a reduction in accounts payable of $98,800 [$109,200 - $10,400] and Cash Account will be debited with $98,800.

On July 28th, Sundance Systems sells the remaining 38 televisions from July 5th for $3,100 each on account.Sundance Systems Account is credited with $117,800 [$3,100 x 38] and Accounts Receivable Account is debited with the same amount until the payment is received.Note: Sundance Systems will record a purchase discount if the payment is made within the discount period, which is 2/10, n/30. In this scenario, no purchase discount is mentioned.

for more questions on transactions

https://brainly.com/question/9683318

#SPJ11

The advantages of bond exchanges (bond markets) include which of the following? (Check all that apply.)
Allows corporations to reduce the cost of long-term borrowing
Provides liquidity to creditors
Allows creditors to sell bonds prior to maturity

Answers

The advantages of bond exchanges (bond markets) include the following:

Allows corporations to reduce the cost of long-term borrowingProvides liquidity to creditorsAllows creditors to sell bonds prior to maturity


Bond exchanges (or bond markets) allow corporations to reduce the cost of long-term borrowing by increasing the number of potential investors in the bond. This makes it easier to find buyers and sellers at a more competitive price. Bond markets also provide liquidity to creditors by allowing them to easily sell their bonds prior to maturity. This allows them to have more flexibility when dealing with their investments.

To learn more about bond : https://brainly.com/question/29794367

#SPJ11

in which one of the following market circumstances is a broad differentiation strategy generally not well suited?

Answers

In markets where consumers prioritise low pricing over distinctive characteristics or attributes, a broad differentiation strategy is typically not well-suited.

Are broad differentiation techniques appropriate given the current state of the market?

When there are numerous ways to differentiate a product or service that are valuable to customers, broad differentiation techniques are ideally matched to the market environment.

What is a strategy for broad market differentiation?

Companies frequently employ the broad differentiation strategy to win a large market share. It entails the business creating a product line that consists of a variety of unrelated but connected products. As a result, the business is able to provide customers a variety of items with unique characteristics and advantages.

To know more about consumers visit:-

https://brainly.com/question/30132393

#SPJ1

if a nation has a population of 100 million, a labor force of 60 million, and gdp of $200 billion, then gdp per capita must be:
a. $333.33.
b. $3,333.33
c. $200.00
d. $2,000.00

Answers

If a nation has a population of 100 million, a labor force of 60 million, and a GDP of $200 billion, then GDP per capita must be $ 2,000. Thus, the correct option is "D".

A country's or nations' gross domestic product (GDP) is a monetary indicator of the total market value of all the finished products and services produced during a certain time period.

The government of a single nation most frequently uses GDP to gauge the strength of its economy.

Here,

GDP per capita = GDP/population.

GDP = 200 billion, population =100 million =0.1 billion

So,

GDP per capita = 200 billion/0.1 billion =$2000

Therefore, the correct option is D.

To know more about the GDP, visit:

https://brainly.com/question/31197617

#SPJ12

the long run elasticity of the demand for oil is estimated to be -0.5. which of the following statements is/are correct. choose all that apply. group of answer choices A. if oil prices rise by 4%, the quantity of oil demanded will fall by 8%. B. oil is an inferior good. C. if oil prices fall by 10%, quantity of oil demanded will rise by 5%. D. if oil prices rise, oil companies will enjoy higher revenues. E. if oil prices rise, oil companies will lose revenues. F. if oil prices fall, oil companies will enjoy higher revenues. G. if oil prices fall, oil companies will lose revenues. H. the demand for oil is inelastic.

Answers

The statement that is/are correct regarding the long run elasticity of the demand are: A. If oil prices rise by 4%, the quantity of oil demanded will fall by 8%, C. If oil prices fall by 10%, the quantity of oil demanded will rise by 5%,

Elasticity is the degree to which supply, or demand varies in response to price changes. Elasticity is used to determine how much buyers and sellers change their behavior in response to a price change in economics. When demand or supply is sensitive to price changes, we say it is elastic.

The quantity of goods or services that buyers are willing and able to acquire at a given price is referred to as demand. Demand is determined by a variety of factors, including consumer preferences, prices, and consumer income. When the price of a good or service changes, the amount demanded changes as well.

Therefore, the correct option is A and C.

Learn more about elasticity of demand here: https://brainly.com/question/1048608

#SPJ11

uppose that many stocks are traded in the market and that it is possible to borrow at the risk-free rate, rf. The characteristics of two of the stocks are as follows: Stock A B Correlation = -1 Expected Return 8% 13% Standard deviation 40% 60% a. Calculate the expected rate of return on this risk-free portfolio? (Hint: Can a particular stock portfolio be substituted for the risk-free asset?) Rate of return % b. Could the equilibrium rf be greater than 10%? Yes O No

Answers

a. The expected rate of return on this risk-free portfolio is 10%. This is because when the correlation between two stocks is -1, a portfolio can be constructed with 0 risks by taking equal amounts of both stocks and borrowing at the risk-free rate.
b. Yes, the equilibrium rf could be greater than 10%. This would occur if the expected return of the two stocks exceeds 10%, or if the risk-free rate is increased.

a. The correlation between Stock A and Stock B is -1; so they will move in the opposite direction.

The expected return and standard deviation of both stocks are also provided.

$$E(R_p)=w_AE(R_A)+w_BE(R_B)$$

wA and wB are the weights of Stock A and Stock B, respectively, and E(RA) and E(RB) are the expected returns of Stock A and Stock B, respectively.

The weights of Stock A and Stock B will add up to 1:$$w_A+w_B=1$$

$$E(R_p)=w_AE(R_A)+w_BE(R_B)=w_A(0.08)+w_B(0.13)=0.08+0.05w_B$$

Since Stock A and Stock B are negatively correlated, the portfolio standard deviation, σp:

$$\sigma_p = \sqrt{(w_A\sigma_A)^2+(w_B\sigma_B)^2+2w_Aw_B\sigma_A\sigma_B\rho_{AB}}$$$$\sigma_p = \sqrt{(w_A\sigma_A)^2+(w_B\sigma_B)^2-2w_Aw_B\sigma_A\sigma_B}$$$$\sigma_p = \sqrt{(w_A(0.4))^2+(w_B(0.6))^2-2w_Aw_B(0.4)(0.6)(-1)}$$

Thus, the expected rate of return on this risk-free portfolio is 0.08 + 0.05wB.Rate of return = 0.08 + 0.05wB.

b. Answer to whether the equilibrium rf can be greater than 10%:The equilibrium risk-free rate is the rate at which the expected return on the market portfolio is equal to the risk-free rate.

It is possible for the equilibrium risk-free rate to be greater than 10%.

Therefore, the answer is "Yes."

Learn more about the expected rate here:

https://brainly.com/question/17228183

#SPJ11

The current interest rate appropriate for discounting a cash flow of some given maturity, in other words the rate that prevails today for a zero-coupon bond of that maturity, is the ______________ rate.

Answers

The current interest rate appropriate for discounting a cash flow of some given maturity, in other words the rate that prevails today for a zero-coupon bond of that maturity, is the spot rate.

In finance, spot rate refers to the rate of return on an investment in a given security, usually a bond or other debt instrument, at a particular point in time. A spot rate, also known as a zero-rate, is a rate of return on an investment in which interest accrues only on the initial investment.

The zero-coupon bond's discount rate is the spot rate for a particular maturity. It is the appropriate interest rate used to calculate the present value of a bond's future cash flows. This is the rate that reflects the time value of money and other relevant factors like the credit risk of the issuer, liquidity, and inflation expectations.

Learn more about spot rate here:

brainly.com/question/4648209

#SPJ11

Other Questions
Using a minimum of three points, create two linear functions. Prove the line created works exclusively with the three points by justifying how the x-value and y-value fit into the equation for the line. what is the difference between adult and embryonic stem cells in differentiated organs/tissues? 60 mi / 1 hr = ? mi / 5 hr For what values of a are the following expressions true(|=absolute value):Pls help!!!a. |a-5|=5-ab.|a|=-a photosystem ii receives replacement electrons from molecules of Which concept accounts for the whole-number subscripts in chemical formulas?A. law of multiple proportionsB. Avogadro's lawC. conservation of energyD. conservation of matte Aa financial company that advertises on television will pay you $58,000 now for annual payments of $9,000 that you are expected to receive for a legal settlement over the next 10 years. use exhibit 1-d.a. What is the present value of the annual payments if you estimate the time value of money at 10 percent? (Round your PVA factor to 3 decimal places and final answer to the nearest whole dollar.)b. Should you accept this offer? steve is taking a10 question multiple choice test where each question has 4 choices. what is the probability that guesing randomally at least 8 correct Which of the following is NOT one of the elements of a libel suit?a. Identificationb. Clear and present dangerc. Defamationd. Faulte. Injury the slope of the total cost curve is the slope of the total cost curve is total variable cost. total fixed cost. marginal cost. average fixed cost. average variable cost. How does Michelangelos David historically fit within the context of the renaissance? the law of one price is best described as: the true fundamental value of an asset. earning a risk-free profit without committing any capital. two assets that will produce the same cash flows in the future must sell for equivalent prices. The functional role of sporopollenin is primarily to...a) provide nutrients to sporesb) make spores less dense and able to disperse more readilyc) reduce dehydrationd) repel toxic chemicals a set of physical conditions of the lower atmosphere, ... wind speed, cloud cover, and other factors, in a given area over a period of hours or days. Find the closed formula for each of the following sequences by relating them to a well known sequence. Assume the first term given is a1.(a) 2, 5, 10, 17, 26, . . .(b) 0, 2, 5, 9, 14, 20, . . .(c) 8, 12, 17, 23, 30, . . .(d) 1, 5, 23, 119, 719, . . . Which expressions are equivalent to 8(3/4y - 2) + 6(-1/2x + 4) + 1 Suppose Alice uses the RSA methods as follows. She starts with a mes- sage consisting of several letters, and assigns a = 1,b=2, -2=26. She then encrypts each letters separately. For example, if her message is cat, she calculates 3 = mod n 19 = 2 mod n and 209 = mod n. Then she sends the encrypted message {G}=1,2,3 to Bob. Explain how Eva can find the message without factoring n. In particular, suppose n=8881 and e=13. Eva intercepts the message q=4461; = 794; e = 2015,C4 = 2015,3 = 3603 Find the message without factoring 8881. which of the following age groups of women has a higher incidence of problems that can affect the health of both mother and baby? Make a food chain using the following organisms: Grasshopper, Snake, Grass, Frog, and Hawk. Put them in order in which it shows the flow of energy from one organism to the next Nichols Enterprises has an investment in 34,500 bonds of Elliott Electronics that Nichols accounts for as a security available for sale. Elliott bonds are publicly traded, and The Wall Street Journal quotes a price for those bonds of $14 per bond, but Nichols believes the market has not appreciated the full value of the Elliott bonds and that a more accurate price is $22 per bond. Nichols should carry the Elliott investment on its balance sheet at:Multiple ChoiceA.$759,000.B.Either $483,000 or $759,000, as either are defensible valuations. C.$483,000. D.$621,000, the midpoint of Nichols' range of reasonably likely valuations of Elliott.