Answer:Bad debt expenses will be $2000 on the income statement and Allowance for uncollectible Accounts will be ($3000) on the balance sheet.
Explanation:
The bad debt accounts and allowance for uncollectible accounts are stated in the income and balance sheet statement respectively yearly to monitor activities on collectible debts.
A firm based on his experience determined an estimated percentage of debts outstanding for the year that are likely to go bad. If the new estimate is greater than the previous year, the difference is debited to income statement and if the new estimate is less than the previous year estimate the difference is credited to the income statement.
In the above scenario the new year estimate is greater than previous year by $ 2000 and that lead to $2000 to be debited to income statement.
The balance is made to reflect the total of the new estimate to be deducted from collectible debt and this is why ($3000) goes to the balance sheet.
C: The higher the risk on the investments the higher the pay out is.
Answer:
87%
Explanation:
The computation of the likelihood for high demand is as follows:
Given that
The high consumer demand probability = P(H) = 0.6
The low consumer demand probablity = P(L) = 0.2
The Probability of favorable survey response given high consumer demand = P(F ÷ H) = 0.9
And,
Probability of favorable survey response given low consumer demand = P(F ÷ L) = 0.2
Now, determine the probability of high demand that the market report is favorable = P(H ÷ F)
P(H ÷ F) = (P(F ÷ H) × P(H)) ÷ (P(F ÷ H) × P(H)) + (P(F ÷ L) × P(L))
= ((0.9) × (0.6)) ÷ ((0.9 × 0.6) + (0.2 × 0.4))
= 0.87096
= 0.87096 × 100
= 87%
Answer:
(C). Encourage team members to socialize online by sharing photos and videos. Reach out to people from cultures where proactively sharing ideas is not valued.
Explanation:
In putting together an international team of people from different cultures, <u>it is important to note that the various national cultures with which they have been interacting for some time will have shaped how they communicate</u> and view situations.
<em>Some cultures value group work, togetherness and sharing ideas over other cultures which prefer individualism.</em>
Therefore as the group leader or manager, it is important to recognize the cultural characteristics of each group member, and encourage them to socialize and share useful information with the group.
Answer:
<u>C. capitalization rate.</u>
Explanation:
- The cap rate is the rate that the developer of the real estate would measure the valuation of the different real estate investments. It is often calculated as the ratio between the net operating income that is produced by an asset and the original capital cost.
- Alternatively, it's the current market value. however, the investor must take the opportunity cost into account. The cap rate is based on Net Operating Income.
- The caps can be only recognized by the cash flow of real estate investment and not the change in the value of the property. For example, a property is delivered at an 8% capitalization or its increases by 2% delivering at 10% of the overall rate of return.
- The realized rates of return are depended upon the amount of the borrowed funds, and leverage, that is used to purchase an asset.
