1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>

You might be interested in
Juan is a very smart individual in a company. While he works hard, he sometimes is perceived by his co-workers as condescending.
andrew-mc [135]

Answer:

It contains the "Blind Self"

Explanation:

The Johari Window is a cognitive psychology tool created by psychologists Joseph Luft and Harry Ingham to illustrate the processes of human interaction. This model of analysis illustrates the process of communication and analyzes the dynamics of personal relationships. It attempts to explain the flow of information from two points of view, exposure and feedback, which illustrates the existence of two sources: the "others" and the "I".

The Blind Self when we talk about the Johari window model we talk about a main key or concept; BLIND (area/self/spot) which refers to those areas about which the person himself/herself is unaware while others are aware of. it is one of the key concepts

8 0
3 years ago
As a graphic artist, Randy has just finished a new calendar. The calendar cost him $1.00 for the glossy paper, $3.00 for the six
Yanka [14]

Answer:

Break-even units = 66.67 units

Explanation:

<em>Break-even point is the level of activity that achieves no profit or loss. At this level profit is zero because the the total revenue is equal to total cost.</em>

<em>The break-even point is calculated as </em>

<em>Units to achieve target profit = (Total general fixed cost for the period + target profit)/ contribution per unit</em>

Contribution per unit = Selling Price - Variable cost

Contribution per unit = 15- (1+3+0.50) = 10.5

Fixed cost = 500 +( 50× 4) = 700

So the units requited to achieve break-even point:

Break-even point =  700/10.5

                            = 66.67 units

4 0
3 years ago
Ben recently lost his job at a major U.S. auto plant in one of the rust belt states. After looking unsuccessfully for work in a
Alexandra [31]

Answer: <em>Option (d) is the correct answer.</em>

Ben view the investment by government as a way to jump start a weak economy, i.e. investment by government will allow industries to hire new employees or workforce in order to meet production demand. Thereby increasing government spending through investing in construction of road and bridge, Ben assumes that the state will intervene in market to help revive a weak economy.

8 0
3 years ago
Hey yall, how yall doin?.....
Alex73 [517]
Heyy I’m doing ok lol. How are you doing? Anyone who sees this hope you have a great day!! :)
5 0
3 years ago
Read 2 more answers
Your boss asks you to email a spreadsheet that shows what the company owns and what it has borrowed (owes) at a fixed point in t
mariarad [96]

Answer:

The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.

Explanation:

Balanced sheet

A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.

The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.

3 0
3 years ago
Read 2 more answers
Other questions:
  • The consumer price index is used to a. monitor changes in the stock market. b. monitor changes in the level of real GDP over tim
    8·1 answer
  • Why does Maureen Riehl state that internet retailers have an "unfair price advantage" when they don't collect sales tax from out
    5·1 answer
  • A department had 65 units which were 20% complete in beginning Goods in Process Inventory. During the current period, 77 units w
    6·1 answer
  • How is it possible to have a large amount of assets but only modest net worth?
    14·1 answer
  • The specific ways in which human resource professionals support an organization's strategy vary according to: their level of inv
    14·1 answer
  • What can I do to make money with no money and no credit?
    9·2 answers
  • What is not a duty the agent owes the principal?
    9·1 answer
  • Aspen Ore purchased a vein of coal ore for $5,300,000. It is estimated that 32,000,000 tons of ore are available to be extracted
    6·1 answer
  • If you use money as a unit of account, you would be___________.a. returning a sweater to the department store. b. searching the
    9·1 answer
  • Consumer surplus is the difference between the ___ price a consumer is willing to pay for a product and the price paid.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!