Answer: Establishing an Allowance for Doubtful Accounts under the allowance method is necessary <u><em>because estimates must be made when recording bad debt expense and it is not possible to know which specific accounts will not be collected.</em></u>
Allowance for doubtful accounts is a diminution of accounts receivable and is recorded as a write-off straightaway beneath accounts receivable that is appearing on a organization balance sheet.
Answer:
EPS is $2.8 per share
Diluted EPS is $2.4 per share
Explanation:
Basic Earning per share is calculated dividing Earning for the year excluding preferred dividend by weighted average number of shares.
Basic EPS = (Net Income - Preferred dividends) / Weighted Average numbers of share
Basic EPS = ($592,000 - ( 19,100 x $0.9 ) / 205,000 = $2.8 per share
Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.
Diluted EPS = (Net Income - Preferred dividends) / Diluted numbers of share
Diluted EPS = ($592,000 - $17,190) / ( 205,000 + 39,000 )
Diluted EPS = $2.4 per share
All the option given are inconsistent with data given.
Sorry I really don’t now I just need the points
Explanation:
A brand that offers factual information to the consumer is Google, when analyzing the advertising service sold by the company, called Google Adsense, we see that this is a type of service used by companies that want to be highlighted in their advertisements when served by search sites like Google, this is a type of service that attracts many consumers because it is measurable, that is, it is possible for the customer to have factual knowledge of the profit that their advertising served to Google generates, by quantifying the clicks and ad views .
A brand that advertises in a way that does not provide apparent informative content, is Coca-Cola, which provides information about its main product (soft drink) using non-factual, but emotional elements, such as a brand advertisement for the company. television showing a happy and reunited family drinking coke. So this is a brand that does not use information that could lead the consumer to rethink about the real facts of the product, such as a sugar-rich soft drink that cannot do health so well when consumed in the long run.
But the two forms of advertising are valuable to consumers, the important thing is that the brand develops a marketing that is specifically aimed at the product and the effects that it can cause on the consumer, the important thing is that the strategy is directed to the target audience and the nature of the product or service to be successful and achieve the intended effect.
Answer: a) $18,605
Explanation:
The amount he can borrow today will be an amount that when grown at a rate of 7.5% per year will equal $20,000 in a year.
20,000 = Amount + ( Amount * rate * time)
20,000 = Amount + (7.5% * Amount)
2,000,000 = 1.075 * Amount
Amount = $18,605
