Answer:
$600
Explanation:
The written down amount is $725, which is bad debt and provision is not required for it.
The increase in allowance for bad debt is always Written Off by using the provision and at the year end the amount that must have been written off is $600 which is the increase in the provision. This means that the Allowance for Bad Debts is $600.
Answer:
distribution channel
Explanation:
A marketing channel consists of the people, organizations, and activities necessary to transfer the ownership of goods from the point of production to the point of consumption. It is the way products get to the end-user, the consumer; and is also known as a distribution channel.
Answer:
7%+18=10,000
Explanation:
I think that's how it goes u just need to solve it
Answer:
The financial service requires a total payment of $94,800, distributed in 6 annual payments of $15,800. Once said amount has been paid, the company invests said money and after the course of 6 years, pays 4 annual payments of $35,000, that is, a total payment of $140,000. In this way, after 10 years of the first payment by the client, this operation ends with a monetary gain on the part of the client of $45,200 (140,000 - 94,800).
Now, to know how much interest is being offered by this investment, we must perform the following cross multiplication:
94,800 = 100
45,200 = X
(45,200 x 100) / 94,800 = X
4,520,000 / 94,800 = X
47.67 = X
As we can see, this operation offers a return of 47.67% in interests.
Answer:
paycheck to paycheck
Explanation:
Living from paycheck to paycheck means that a big proportion of an individual or household income is spent on expenses. It is a situation where individuals do not save for emergencies and have no tangible investments. Almost all their incomes are spent on consumables.
In the US, over 70 % of households have not saved for rainy days. Should these families lose their source of income, they will have challenges in meeting their financial obligations almost immediately.
