If materials listed, perhaps the chemicals in them, safety precautions, etc.
Complete Question:
Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $500,000, and management estimates 2% will be uncollectible. The amount of expense to report on the income statement was $8,000. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $2,000. The balance of Allowance for Uncollectible Accounts, after adjustment, will be
Answer:
The balance of Allowance for Uncollectible Accounts, after adjustment, will be
$10,000
Explanation:
a) Data and Calculations:
Net credit sales = $500,000
Uncollectible estimate = 2% of net credit sales
Uncollectible Accounts expense = $8,000
Allowance for Uncollectible Accounts = $2,000 before adjustment
Allowance for Uncollectible after adjustment = $500,000 * 2% = $10,000
The answer to this question is letter B. expense ratio.
All the different management fees and fund's operating costs are often referred to as <span>expense ratio.</span>
>The expense ratio is the annual fee that all funds charge their shareholders. It expresses the percentage of assets deduced each fiscal year for fund expenses, including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.
Rolex uses a <u>"single-segment"</u> strategy.
The single segment strategy includes the utilization of just a single marketing mix for one market segment.
The single segment strategy in advertising guarantees that a producer chooses one section of the market and just supplies that segment.One or every one of the products created by an advertiser are sold to just who meet the attributes of that single segment.
This scenario would best be viewed as a QUID PRO QUO SEXUAL HARASSMENT.
Quid pro quo sexual harassment is the type of sexual harassment that occurs in the workplace, in which an higher authority figure offers or drop a hint that he or she will give rewards to an employee under him [or her] in exchange for sexual gratification.
