The journal entries on March 4, 2025, are:
- Debit: Cash $4,210
- Credit: Accounts Receivable - Madonna Inc. $4,210
To record the transaction on March 4, 2025, we need to update the accounts receivable and the allowance for doubtful accounts. Here are the journal entries:
1. We first need to reverse the previous write-off entry on January 24, 2025:
- Debit: Accounts Receivable - Madonna Inc. $4,210
- Credit: Allowance for Doubtful Accounts $4,210
2. Then, we record the receipt of payment from Madonna Inc.:
- Debit: Cash $4,210
- Credit: Accounts Receivable - Madonna Inc. $4,210
By reversing the previous write-off entry, we are effectively reinstating the accounts receivable and reducing the allowance for doubtful accounts. This reflects that the payment has been received in full, and the previously deemed uncollectible receivable is no longer a concern.
In summary, the journal entries on March 4, 2025, are:
- Debit: Cash $4,210
- Credit: Accounts Receivable - Madonna Inc. $4,210
Please note that these entries assume there are no other relevant transactions impacting the accounts receivable or the allowance for doubtful accounts. Always consult the company's specific policies and guidelines for recording such transactions.
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Read each statement about trademarks, trade secrets, copyrights, and patents, select the TWO True statements.
Question 14 options:
Trade Secrets are confidential information which may be sold or licensed.
A Trademark protects a brand name.
A Patent is used to protect an original work, like music.
A Copyright is used to protect a company logo.
The two true statements regarding trademarks, trade secrets, copyrights, and patents are as follows.
What are the reasons?Firstly, a trademark is a form of intellectual property that protects a brand name, symbol, or slogan used by a company to identify and distinguish its products or services from those of others.
This ensures that consumers can identify and trust the quality of a company's products or services. Secondly, a copyright is a type of intellectual property protection that is used to safeguard original works of authorship, such as literary, artistic, or musical works.
While a company logo may be eligible for copyright protection, it is not the primary purpose of copyright law.
Instead, copyrights are designed to protect creative works that are fixed in a tangible form and provide exclusive rights to the creator or owner of the work.
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Rina is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Rina has only 20 hours this week that she can devote to training. Each hour she spends swimming is an hour that she can't spend biking or running. Which basic principle of individual choice do these statements best illustrate?
A.Juanita can use time most efficiently by spending the same amounts of time on swimming, biking, and running.
B. People face trade-offs
C. People usually exploit opportunities to make themselves better off.
D. Juanita has an incentive to spend more time on swimming than on biking or running.
The basic principle of individual choice which these statements best illustrate is:
B. People face trade-offsWhat is Choice?This refers to the ability of a person to make selections based on what he wants and what he can purchase.
With this in mind, we can see that Rina is training for a triathlon and because of this, she undergoes rigorous training and she makes use of her time effectively and this is an example of People face trade-offs
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IM TIMED!!!Understanding and documenting the criteria before beginning work toward a goal is necessary to ensure the
goal is.
measurable
attainable
specific
relevant
To Understanding and documenting the criteria before beginning work toward a goal is necessary to ensure the relevant. Any communicable material used to describe, clarify, or provide instructions regarding certain characteristics of a thing.
A system, or a procedure, such as its components, assembly, installation, maintenance, and use, is considered documenting. documentation criteria protecting sensitive data and making available to interested parties thorough records of workplace activities. The routine of keeping correct records offers a reachable, manageable foundation for dealing with problems. By encouraging knowledge sharing, documentation helps your team learn how procedures work and what typical project outcomes look like.
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The international monetary fund and the world bank often make loans to developing countries contingent on those countries eliminating subsidies for their exports.
True The international fund and the world bank often make loans to developing countries contingent on those countries eliminating subsidies for their exports.
What is international monetary?The International fund (IMF) is a global organization that promotes global economic growth and financial stability, also as international trade and poverty reduction.An international monetary system is a set of internationally agreed-upon rules, conventions, and supporting institutions that facilitate international trade, cross-border investment, and capital reallocation between states with different currencies.
The Secretary of the Treasury is the United States' Governor to the IMF, and therefore the United States' Executive Director of the IMF is one of 24 directors with voting rights over the institution's strategic direction. The us is the Fund's largest shareholder
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how much money does a therapyst make an hour/ and how much would they make in a year
Answer:
Explanation:they make 1,000 dollars per hour. I don’t know how much in a year.
What did you learn from writing the assignments in this course
and why do you think I made
them so different from the lecture material (No, it is not to mess
with you)? (20 Marks)
In writing the assignments in this course, I have learned the importance of critical thinking, independent research, and effective communication skills. I believe the assignments were made different from the lecture material to encourage students to engage with the material in a more active and independent way.
Through analyzing and synthesizing information from various sources, I have been able to deepen my understanding of the course material and apply it to real-world situations. Additionally, the assignments have allowed me to hone my writing skills and improve my ability to clearly and concisely convey my ideas.
By requiring us to do our own research and draw our own conclusions, we are forced to think critically and develop our own ideas rather than simply regurgitating information from the lectures.
This approach not only deepens our understanding of the material, but also prepares us for real-world situations where we will need to think independently and solve problems on our own. Furthermore, the assignments also help us to develop important skills such as time management, organization, and effective communication.
By giving us a variety of different types of assignments, we are able to practice these skills in different contexts and become more well-rounded and effective learners. Overall, I believe that the assignments in this course are an essential component of our learning experience and have helped me to develop a range of important skills and competencies.
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Calculate ending inventory and cost of goods sold at October 31, using the specific identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase.
Answer:
oh yeahh
Explanation:
managers who rely on as a form of negative reinforcement will ignore an undesired behavior in the hope that it will go away.
An undesirable behavior will be ignored by managers who use extinction as a sort of negative reinforcement in the hopes that it will disappear. Instead, management styles that emphasize punishment are typically authoritarian because managers must first ensure compliance before removing punishment, which necessitates strict control and oversight.
What behavior is produced when both positive and negative reinforcement are used?The outcome of the conduct is that the kid gets good scores. The objective is to increase the behavior through both positive and negative reinforcement. The distinction is that when behavior is reinforced negatively, something unpleasant is taken away as a result of the activity.
How does Dan employ demotivation to boost sales?Dan views their behavior in the meetings as a chance to utilize demotivating reinforcement to boost sales. Dan informs the staff that they may forego the regular meeting if sales income rises by at least 5% the following month.
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n the _____ stage of team development, team members are involved in developing strategies and activities that promote goal achievement.
In the forming stage of team development, team members are involved in developing strategies and activities that promote goal achievement.
What is forming stage?The forming stage is the stage in which team members start to understand the purpose and goal of the group.
The team determines to organize themselves and their responsibility. The goals are discussed here and plans on how to execute and achieve their aim.Therefore, In the forming stage of team development, team members are involved in developing strategies and activities that promote goal achievement.
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Which of these scenarios would lead to an industry requiring more productive workers?
A. Supply of goods increases, and demand for goods decreases
B. Supply of good decreases, and demand for goods increases
C. Supply of goods increases, and demand for goods remains the same
D. Supply of goods decreases,and demand for goods remains the same
Answer:
B- Supply of goods decreases, and demand for goods increases.
Explanation:
I took the quiz
Answer:
Supply of goods decreases, and demand for goods increases.
specialty insurers such as those offering surety bonds, aviation insurance, and livestock mortality insurance usually
Specialty insurers that provide livestock mortality insurance, surety bonds, and aviation insurance typically centralize the underwriting process.
What tasks are carried out by underwriters?The degree of business risk for insurers is evaluated by underwriters. By appropriately valuing investment risk, underwriting contributes to the establishment of suitable premiums, the creation of a market for securities, and the setting of reasonable borrowing rates for loans. Insurance underwriters assess the risks associated with insuring individuals and assets and determine a risk's price.
Who is a part of the underwriting process?Your lender must first confirm the details of your income, assets, debt, and property in order to grant you the loan. Underwriting is the name given to this process. The level of risk that a lender will tolerate if they decide to provide you a loan is determined by an underwriter, a financial expert who evaluates your financial condition.
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Using the same quiz format, steps required to answer questions, and submission deadlines for both pars and kcs are examples of which of the eight golden rules for hci design?.
Examples of the eight golden standards for hci design's Strive for consistency include using the same quiz structure, procedures needed to answer questions, and submission dates for both pars and kcs.
In interface design, every component, theme, animation, and action should stay consistent throughout the experience. The user will probably be perplexed, for instance, if the interface alters the button's color and Strive for consistency font while the user is using it. The concept of consistency extends beyond a single application. For instance, websites frequently share basic elements like the corporate logo in the upper left corner and the top menu. These patterns have emerged through time, been described by usability professionals, and incorporated by designers into common practice.
Between pages of one application or between still-related applications, Strive for consistency is required. The key is that authorized users, including the majority of inexperienced users, can still view sites that are seen as still being in dialogue or as still having a connection to the program in use. Users won't be afraid to switch applications as a result of feeling at ease with the application.
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The question was incomplete. Check below the full question.
Using the same quiz format, steps required to answer questions, and submission deadlines are examples of which of the Eight Golden Rules for HCI Design?
a. Supporting internal locus of control
b. Offering informative feedback
c. Strive for consistency
d. Reducing short-term memory load
To understand why actual net operating income differs from what it should have been at the actual level of activity, the ______ variances should be analyzed.
To understand why actual net operating income differs from what it should have been at the actual level of activity, the revenues and spending variances should be analyzed.
A formula known as net operating income (NOI) is used to assess the profitability of real estate assets that produce revenue. The profitability of a property is commonly assessed using the statistic known as net operating income (NOI). The calculation entails subtracting all property-related operating expenses from whatever earnings the asset has generated. The revenue and spending increase in direct proportion to how profitable a property is.
While net profit is revenue less all expenses, both operating and non-operating, such as taxes, net operating income is revenue less all spending. Real estate experts utilize net operating income as a technique of valuation to establish the exact worth of their properties that generate money.
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What could you do while promoting this product/service to customers to entice them close the sale?
Of course don't false advertise, but make sure you have a catchy design or ad (whichever way you promote), and make it simple. The fewer the words, the more likely it would catch someone's eye.
What is the danger of having a lot of debt?
(brainlyest)
Answer:
probably not paying it off in time or something
Explanation:
When a profit-maximizing firm in a monopolistically competitive market is producing the long-run equilibrium quantity, Group of answer choices its average revenue will equal its marginal cost. its marginal revenue will exceed its marginal cost. it will be earning positive economic profits. its demand curve will be tangent to its average total cost curve.
Answer:
The correct answer is the last option: Its demand curve will be tangent to its average total cost curve.
Explanation:
To begin with, in the microeconomics theory the "monopolistically competitive" market is refered to that one whose main characteristics reside in the same as the perfect competition but with the major difference of exisiting the differentiation of the product or service in the market, so for that reason the competition is basically stimulated by the publicity and other factors that will differentiate their product against the other ones. Moreover, due to the short run equilibrium and therefore to the obtanining of big economic profits from part of every company in the market then more other companies will enter and once that happens then the profits of everybody will decrease. And that in the graphic has it major difference with the average total cost curve being tangent to the demand curve, which do not happen in the short run.
which incident inspired Aaitaman?
Answer:
you can search either in Google or brainly and then you will have the answer
What is the maximum output that the economy can sustain over a period of time called? O A. productive capacity O B. economic output O C. controlled incentive O D. maximum spending
Answer:
A. Productive capacity
Explanation:
derek will deposit $3,214.00 per year for 20.00 years into an account that earns 10.00%, the first deposit is made next year. how much will be in the account 36.00 years from today?
The final value is $778491.11
how much will be in the account 36.00 years from today?Step1:
Giving the following information:
Derek will deposit $3,214.00 per year for 20.00years into an account that earns10.00%, The first deposit is made next year.
First, we need to calculate the final value of the first 20 years using the following formula:
FV= {A*[(1+i)^n-1]}/I
A= annual deposit
FV= {3,214*[(1.09^20)-1]}/0.09= 778491.11
Now, we can calculate the final value of the following 10 years at an interest rate of 10%.
FV= PV*(1+i)^n
FV=778491.11 *(0.1^10)= $778491.11
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Carter company reported the following financial numbers for one of its divisions for the year; average assets of $4,150,000; sales of $4,575,000; cost of goods sold of $2,600,000; and operating expenses of $1,422,000. assume a target income of 10% of average assets. compute residual income for the division:
$138,000 is the residual income for the division. It assists the institutions in figuring out whether a person makes enough money to cover his expenses and obtain a second loan.
Why do you calculate residual income?Being one of the numbers that banks and lenders consider before approving loans makes residual income an important metric.
Given
Assets =$4150000
COGS =$2600000
Operating expenses =$1422000
Target Income = 10%
Sales =$4575000
Required to Calculate Residual value =?
Residual Value = Operating Income - ( Target income x average assets)
Operating income = Sales - COGS - Operating expense
= 4575000 - 2600000 - 1422000 = 553000
Residual income = 553000 - (10% x 4150000) = $138000
Thus, the residual income is $138,000 for the division.
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the successful implementation for change only happens when people accept the need for change and believe that it will improve factors such as productivity and/or customer satisfaction. a) true b) false
The statement is true. Successful implementation of change in an organization relies on the acceptance of change by people within the organization.
For change to be effective, individuals need to recognize the need for change and believe that it will lead to improvements, such as increased productivity or enhanced customer satisfaction. When people embrace the need for change and perceive its potential benefits, they are more likely to support and actively participate in the change process. This acceptance creates a positive mindset and a willingness to adapt to new ways of doing things, which is crucial for the successful implementation of change initiatives. On the other hand, if individuals resist or do not see the value in the proposed changes, it can hinder the implementation process and impede the desired outcomes. Therefore, gaining acceptance and belief in the need for change is a fundamental factor in achieving successful organizational change.
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What are two major advantages and two major disadvantages of having unions in the United
States? Explain each advantage or disadvantage.
Answer:
two major advantages of unions:
1. we get more items from different countries
2. Unions promote higher wages and better benefits
two major disadvantages:
1. Labor unions discourage individuality
2. Unions can drive up costs as well as making it harder to promote and terminate workers.
Samuel needs to import information from Excel to an Access table, but he wants to ensure that if the source table is
changed, the information in Access will be updated automatically. What should he do?
O Create a new copy of the Excel spreadsheet and import it
O Create a linked copy of the Excel spreadsheet.
O Create a linked database and merge it with the Excel spreadsheet.
O Create a new database and import the Excel spreadsheet.
Answer:
B
Explanation:
Marissa is traveling in Great Britain and is surprised when the server brings her cookies when she ordered biscuits for breakfast. What communication concept best explains the mix-up?A. Communication is symbolic.
B. Communication is relational.
C. Communication is a process.
D. More communication is always better.
Answer:
B. Communication is relational.
Explanation:
Communication being relational is the best concept that explains the mixup between the server and Marissa who is travelling through Great Britain. For Marissa to request for biscuits, the sever was able to relate her request to cookies which is commonly served as a breakfast meal in Britain. Hence the reason why she brought it to her.
Technician a says that in a worm gear steering system, most excessive steering free play is usually found in the gearbox. technician b says that in a rack-and-pinion steering system, excessive free play can be found in the bushings. who is correct? choose one answer. a. technician a b. technician b c. both technician a and technician b d. neither technician a nor technician b
Answer:
b. technician b
Explanation:
Worm gear is the arrangement of gear like a worm in the vehicle. It has rack and pinion steering system. This setup provides smooth drive experience to the drivers. The excessive freeplay in such a setup is found in bushings.
*You have a company's balance sheet, its income statement, and its statement of cash flows. Which would you refer to if you wanted to know if a company made or lost money last year? If you wanted to find out how much debt the firm had used to finance its assets? If you wanted to know why its cash balance had changed over the past year?
How often do mortgage rates change?.
Mortgage rates change daily.
Mortgage rates change daily.
What is the rate on a mortgage?The interest rate on a mortgage is called a mortgage rate.The lender decides mortgage rates, which can be fixed or variable, depending on a benchmark interest rate, for the duration of the mortgage.Borrowers' mortgage rates vary based on their credit history.The average mortgage rate fluctuates with interest rate cycles and can have a significant impact on the market for homebuyers.What is the function of a mortgage?A mortgage is a kind of loan that is used to buy or keep a house, land, or other piece of real estate.The borrower agrees to make payments to the lender over time, usually in a series of regular payments that split the cost of the loan between interest and principal.The property then acts as security for the loan.Mortgage rates change daily.
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Which of the following best describes the law of supply and demand?
A. When a desirable product or service is plentiful, its value increases.
B. Businesses can charge extra for products that people use every day.
C. When there is a high demand for a product, it is hard to supply.
D. When a desirable product or service is scarce, its value increases,
Answer:
d is you answer
Explanation:
Answer:
D. When a desirable product or service is scarce, its value increases.
Explanation:
Because more people want a product that there is less of, meaning they will raise the price.
You bought 100 shares of stock at $15 per share. You sold your 100 shares at $21.75 per share. Calculate your percentage of gain. a) 18% b) 21% c) 31% d) 45%
Answer:
45%
Explanation:
2175-1500=675
675/1500=.45 or 45%
In a perfectly competitive market, if the market price is $4, how many units will they sell if they charge $4?How many will they sell if they charge over $4? Will they make more profit if they lower their price? Why or why not?
Answer:
In a perfectly competitive market, if the market price for a single unit is $4, then the number of units sold would be 32.
Explanation:
A perfectly competitive market is defined as a market where there are no monopolies - something extremely rare in the real world. However, it is a good example to explain the rules and workings of supply and demand in the market. There are multiple sellers and purchasers in a perfectly competitive market. Sellers earn just enough profit to keep their place in the market. Any more and they would lose their foothold in the marketplace to another company.
If the sellers are capable of producing more, then they can sell more, thus increasing their output. In any case, the economic output would be zero because the price is tangent to the low point on the average total cost curve. The seller has no control over market price because the price is set at equilibrium.