subject
Business, 19.10.2021 14:00 JuanTorres7

M8-1 (Algo) Evaluating the Decision to Extend Credit [LO 8-1] Nutty Productions Incorporated generated service revenue of $66,000 and income from operations of $28,000. The company estimates that, had it extended credit, it would have instead generated $114,000 of service revenue, but it would have incurred $43,000 of additional expenses for wages and bad debts. Required: 1-a. Using these estimates, calculate the amount by which Income from Operations would increase (decrease). 1-b. Should the company extend credit

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 18:10
Panera bread is a chain of cafes serving sandwiches, soups, and freshly baked breads. the company began in 1981 with stores primarily located along the east coast of the united states. since then, the firm has expanded to over 1,300 locations throughout the united states and canada. the firm has strong earnings and has been designated by business week as a "significant growth company." panera bread executives are considering the idea of expanding globally by opening cafes in asia through a franchising strategy. which of the following, if true, supports the argument that panera bread should expand into asia through franchising? a: the panera bread menu changes rapidly, and each cafe's artisan bread bakers receive regular training on new recipes. b: panera bread executives want fast access to the asian market without a significant investment of capital. c: panera bread executives want to test the asian market with a short-term commitment that allows them to make quick profits. d: the panera bread mission is to make excellent bread available to customers around the world.
Answers: 2
question
Business, 21.06.2019 19:30
Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price
Answers: 3
question
Business, 21.06.2019 21:40
Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer
Answers: 1
question
Business, 22.06.2019 00:50
Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?
Answers: 1
You know the right answer?
M8-1 (Algo) Evaluating the Decision to Extend Credit [LO 8-1] Nutty Productions Incorporated generat...
Questions
question
Arts, 20.04.2021 06:10
question
History, 20.04.2021 06:20
question
Mathematics, 20.04.2021 06:20
question
Mathematics, 20.04.2021 06:20
question
Mathematics, 20.04.2021 06:20
question
Mathematics, 20.04.2021 06:20
Questions on the website: 13722367