Answer:
=$140
Explanation:
At the beginning of the year, the account had a credit(positive balance of $760)
Previously bad debt that has been reinstated, $120
The new balance will be $760 + $120 = $860
adjusting for the written-off accounts
=$860 - $740
=$140
Answer:
d. backorder
Explanation:
Based on the scenario being described within the question it can be said that the sales associate most likely offered to backorder the item for Linda. This is when a retailer places an order for a product that is no longer in stock for the time being, in order to comply with the customer, but will take a while for that order to come in and for the transaction to be completed.
Answer:
Customer satisfaction is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation.
Explanation:
~hope this helps
The answer is a copy of the current and prior year’s audit programs
I hope that helped
Answer:
15.26%
Explanation:
Given:
Expected return = 15.1% = 0.151
Expected loss in recession = - 8% = - 0.08 [negative sign depicts loss]
Expected earning in a boom = 18% = 0.18
Probabilities of a recession = 2% = 0.02
Probabilities of a normal economy = 87% = 0.87
Probabilities of a boom = 11% = 0.11
Now,
Expected return = ∑ (Probability × Return)
or
0.151 = 0.02 × ( - 0.08) + 0.11 × 0.18 + 0.87 × Return on normal economy
or
0.151 = - 0.0016 + 0.0198 + 0.87 × Return on normal economy
or
0.151 - 0.0182 = 0.87 × Return on normal economy
or
Return on normal economy = 0.1526
or
= 0.1526 × 100%
= 15.26%
