Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a lot of discussion. Mark suggested that the company should manage these marketing functions for its products at the retail outlets.Mark appears to be suggesting that Lite Bite use a(n): A. corporate distribution system.
B. franchise arrangement.
C. manufacturer-sponsored marketing chain.
D.administered distribution system.

Answer: Please see the analysis below

Explanation: The following are the financial statement effects

                                  Assets Liabilities Stockholders Equity Income Expense

Write-off of $10,000     -           -                   Nil                           Nil         Nil

Bad debt of $8,000     -           +                   -                                -             +

• Write-off of customer balances of $10,000 would lead to reduction in assets and also reduction in liabilities (since the provision for doubtful accounts reports to liabilities but mapped to the accounts receivable to show the net amount). Here, we have assumed that there is an existing allowance for doubtful accounts that has $10,000 buffer or more. If the write-off was not initially provided for, it would hit expense by debiting bad debt expense and crediting the accounts receivable. Its effects are therefore decrease in asset, decrease in liabilities.

• Bad debt expense of $8,000 affects the expense and the liabilities/assets. Journal entries to record the bad debt expense is Debit Bad debt expense $8,000; Credit Allowance for doubtful accounts $8,000. So, it affects the expense, liabilities and ultimately the assets (allowance for doubtful accounts is a contra to the accounts receivable). Its effects are increase in expense, increase in liabilities, decrease in stockholders equity, decrease in income and decrease in assets

Answer:

Assets =Liabilities +  Stockholders Equity

-8000=                                           - 8000

Explanation:

Allowance for Doubtful  Debts $10,000

Bad debt expense $8,000

Assets =Liabilities +  Stockholders Equity

-8000=                                           - 8000

The write off does not affect the realizable value of accounts receivable. Neither total assets nor net income is affected by the write off a specific account.Instead both assets and net income are affected in the period when bad debts expense is predicted and recorded with an adjusting entry.

Answer:

Radar's additional income for accepting the order is calculated as follows:

Sales - 320 x $460 = $147,200

less Cost of Sales = 320 x $180 + $48,000 = $105,600

Additional Income = $41,600

Explanation:

The additional income of $41,600 is $147,200 - $105,600, which is the result of deducting cost of sales from Sales.

The cost of sales includes the variable cost per bike, including the incremental fixed costs ($48,000) to make this order.

To make a decision whether to accept an order or not, the company needs to consider all variable costs, including the incremental fixed costs.  The resulting additional income is what is available to offset the fixed costs.

Answer:

b. No

Explanation:

This is not an effective strategy for self-improvement. In this sentence, the author tells us that he believes he will be able to score 25 goals in a soccer game. This is extremely unlikely even for the best soccer players in the world. Therefore, the goal is unrealistic. By creating unrealistic or unachievable goals, we only make it more difficult for us to succeed, and the failiure that will inevitably follow can be damaging to our confidence. Therefore, when establishing goals, it is important that we are realistic.

Final answer:

In the context of scoring 25 goals in a soccer game, self-improvement strategies should be focused on enhancing existing skills and addressing areas of need, keeping the goal realistic. Practice, feedback, and self-reflection can aid in achieving this. The process requires patience and commitment.

Explanation:

The approach of self-improvement based on individual strengths and needs involves setting realistic goals and continually assessing progress on these goals. In the context of your goal to score 25 goals in a soccer game, it is critical to evaluate this target against your current abilities and the opportunities you will have in the game. The target should be challenging but realistic.

Improvement strategies might focus on enhancing your current strengths, like speed or accuracy, and addressing areas of need, such as endurance or team coordination. These strategies can include deliberate practice, receiving feedback, and self-reflection. Whatever the strategy, remember that self-improvement is a gradual and ongoing process that requires patience and commitment.

Learn more about Self-improvement here:

brainly.com/question/33698170

#SPJ2

Answer:

Please see below the journal entries of Ayayai Corporation for the year ending 2016 and 2017 respectively.

Explanation:

Ayayai Corporation

Journal Entries

For the Year ending 2016

Debit: Research & Development Expense $144,000

Credit: Cash $144,000

To record research and development expense.

Debit: Patent $17,400

Credit: Cash $17,400

To record legal cost relating to Patent.

Debit: Amortization Expense $435

Credit: Patent $435

To record amortization expense for the pro rated year.

Ayayai Corporation

Journal Entries

For the Year ending 2017

Debit: Amortization Expense $1,740

Credit: Patent $1,740

To record amortization expense for year.

AMORTIZATION EXPENSE CALCULATION:

Legal Cost = $17,400

Useful Life = 10 Years

Amortization Expense = Legal Cost / Useful Life

Amortization Expense = $17,400 / 10

Amortization Expense = $1,740 per year

But since in 2016 the patent was obtained on October 1, so Ayayai Corporation will have to pro rate the Amortization Expense in 2016 as below:

Amortization Expense = Annual Amortization Expense x No. of months / Total no. of months

Since patent was obtained in October so the No. of months is '3'

Amortization Expense = $1,740 x 3 / 12

Amortization Expense = $435

Answer:

                                 AYAYAI CORPORATION

                                       JOURNAL ENTRIES

Date                       Description                             DR                    CR

2016  

                    Research and developemnt         $144,000

                   Cash                                                                     $144,000

                 Being the amount spend on research and development

OCt 1             Patent                                            $17,400

                      Cash                                                                  17,400

Dec 31         Amortization Expense                       $435

                  Accumulated amortization                                    $435

2017          Amortization Expense                       $1,740

                  Accumulated amortization                                    $1,740

Explanation:

Answer:

unitary absorption production cost= $128

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

First, we need to calculate the unitary fixed manufacturing overhead:

Unitary fixed overhead= 441,000 / 7,000= $63

Now, the unitary absorption production cost:

unitary absorption production cost= 51 + 12 + 2 + 63

unitary absorption production cost= $128

Answer:

Real rate of return=  0.0418 = 4.18%

Explanation:

Giving the following information:

Nominal rate of return= 6.92%

Inflation rate= 2.74%

The inflation rate decreases the purchasing power of nominal money.

To calculate the real rate of return, we need to use the following formula:

Real rate of return= nominal rare of return - inflation rate

Real rate of return= 0.0692 - 0.0274

Real rate of return=  0.0418 = 4.18%