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statuscvo [17]
2 years ago
13

How can a company limit bad debts?

Business
2 answers:
xxTIMURxx [149]2 years ago
8 0

\huge\pink{Q}\pink{u}\pink{e}\pink{s}\pink{t}\pink{i}\pink{o}\pink{n}\pink{:}

<u>How can a company limit bad debts?</u>

<h2>• Answer •</h2>

  • <u>Filter your customers. Not all customers are good for your business.</u>
  • <u>Require up-front payments.</u>
  • <u>Set reasonable credit limits.</u>
  • <u>Provide clear payment terms and penalties.</u>
  • <u>l</u><u>mprove your accounting.Implement strict collection procedures.</u>
  • <u>Use cloud-based software for debt collection.</u>
elena-s [515]2 years ago
3 0

Answer:

<u>The best way of controlling bad debts is </u><u>not to provide credits to everyone</u><u>. As more amount of credit will be given to the people, the risk of bad debts will increase. The funds left should be used for the development of the company.</u>

Explanation:

hope it helps :)

pls mark brainleist :P

`

`

`

<em>Tori </em>

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Answer:

A group bonus system

Explanation:

In relationship-oriented cultures, group bonuses are very common, and they are not like the regular yearly bonuses given out at Christmas, specially in Japan. In Japan, there are two bonuses per year, one paid during mid-year and the other one at the end of the year. These bonuses can amount to 3-6 months worth of salary, but they are also paid to the whole group of workers. That means that either everyone in the team gets a bonus or no one does.

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3 years ago
"An investor buys $10,000 of a "regulated" mutual fund investing solely in municipal securities. Which statement is TRUE regardi
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Explanation:

Municipal Securities are exempt of Federal taxes and this is what makes them most attractive. An investor in a mutual fund which invests solely in municipal securities will therefore not have any tax liability because their returns would be based on securities that are federally tax exempt. The same goes for any income the Mutual fund intends to retain.

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3 years ago
Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.90, but management expects to reduce the p
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Answer:

The price of the stock is $66.5

Explanation:

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6 0
3 years ago
University Car Wash built a deluxe car wash across the street from campus. The new machines cost $213,000 including installation
nadezda [96]

Answer:

Please refer explanation and tables attached

Explanation:

1. Double-declining balance Method:

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*as it is useful for six years

Hence double-depreciation value = 16.67% x 2 = 33.34%

It is calculated as depreciation rate x book value of asset at the beginning of the period.

Please refer attached table one for all years depreciation.

2. Activity based depreciation is whereby an asset is depreciated based on the asset’s activity such as the number of hours worked or the number of units produced, during a particular period of time. Activity based depreciation per year is calculated as:

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4 0
3 years ago
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Answer:

b

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1. changes in technology.  

2. changes in available resources.  

3. changes in the labour force.  

a linear PPC means that there is a constant opportunity cost. Linear PPC are rear

8 0
3 years ago
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