Sales Returned and Allowances $50
Allowance for Sales Return and Allowances $50
Lavender expects 5 jars at $10 each ($50 total) to be returned.
Explanation:
Lavender Corporation sells 100 jars of essential oil to Bed, Bath, and Relax on December 1, 20X5, for $10 each. Lavender offers a right to return the product for any reason. Based on past sales, Lavender expects Bed, Bath, and Relax to return 5 jars
Using the above stated information we get the given data :-
Sales Returned and Allowances $50
Allowance for Sales Return and Allowances $50
Lavender expects 5 jars at $10 each ($50 total) to be returned.
The adjusting journal entry on December 31 reflects
Answer:
A. Planned budgeted value of work scheduled.
Explanation:
Earned Value system is a technique used in project management in estimating how well a project is doing in terms of the project budget and allocated schedule. It is used in estimating project efficiency in terms of the estimated deliverables. It helps in checking of the project is going according to "plan". Project efficiencies are measured against the baseline of a project which is the planned budgeted value of work with the aid of earned value system in order to quickly track any deviations in the project.
b. credit rating of the issuer
c. interest rate paid
d. current yield
Answer:B
Explanation:
Answer:
excess demand or shortage
Explanation:
this is called excess demand or a shortage. Remember, when excess demand exists, buyers compete more intensely for the amount available
The term that completes the sentence is 'shortage'. In a competitive market, a shortage occurs when the demand for a good or service surpasses its supply. This scenario can materialize due to various causes such as increased demand, production issues or limitations in the market.
When a shortage exists in a competitive market, buyers want to purchase more of a good or service than is supplied. A shortage occurs when the demand for a product exceeds the supply. This condition can be due to various factors such as production problems, increased demand, or market restrictions. An example of this may be the shortage of a popular toy during the holiday season. Manufacturers may not be able to keep up with the increased demand, leading to a scarcity of the toy in the market. As a result, buyers are willing to purchase more than what is available, creating a shortage.
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Answer:
$2,460
Explanation:
Data provided in the question:
Rental income = $19,000
The vacancy and collection losses for the year = $2,680
Operating expenses = $6,160
Tyler’s mortgage expenses for the property = $7,700
Now,
The before tax cash flow for Tyler’s property will be
= Rental income - losses for the year - Total expenses
= $19,000 - $2,680 - ( $6,160 + $7,700 )
= $16,320 - $13,860
= $2,460