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blondinia [14]
1 year ago
7

question content area the operating expense recorded from uncollectible receivables can be called all of the following except a.

uncollectible accounts expense b.bad debt expense c.bad receivables expense d.doubtful accounts expense
Business
1 answer:
Lyrx [107]1 year ago
6 0

he operating expense recorded from uncollectible receivables can be called all of the following except c. bad receivables expense.

Customers' outstanding debts for goods or services they have received but haven't yet paid for are referred to as accounts receivable. For instance, the amount owing when clients buy things on credit is added to the accounts receivable. It is a debt incurred as a result of a commercial transaction.

The term "accounts receivable" describes the unpaid bills or cash that customers owe a business. The term describes accounts that a company is entitled to get since it has provided a good or service.

Receivables, also known as accounts receivable, are a company's line of credit that typically include terms that call for payments to be made within a somewhat short time frame. Usually, it varies from a few days to a fiscal or calendar year.

To know more about accounts receivable:

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A three-year bank CD paying 7.23 percent compounded quarterly. Calculate effective annual interest rate (EAR)? (Round answer to
Serggg [28]

Answer:

Follows are the solution to the question:

Explanation:

m = 4,

EAR = (1 + \frac{0.08}{4}) \times 4-1

       =  1 + 0.02 \times 4-1\\\\=  1 + 0.08 -1\\\\= 0.08\\\\

The successful quarter cumulative rate of interest = 8.24 \%

In Method 2 use Tool in Texas:

By Using the (ICONV) worksheet:

1)

To pick the worksheet, click ICONV 2.

2)

Its previous meaning will represent the NOM.

3)

To clear the worksheet, click [CLR WORK] 2nd

Continue as below.

Displayed keystrokes:

NOM = previous value 2nd ICONV:

NOM = 0.00 2nd CLRWORK:

8 DAYS: Name = 8.00.

EFF: DownArrow = 0.00

DownArrow: C / Y = meaning previous

4)

DOS: C / Y = 5.00 p.m.

EFF: DownArrow = 0.00

CPT: FRP = 8.24

3 0
2 years ago
A total of $44,000 is invested in two municipal bonds that pay 5.75% and 7.25% simple interest. The investor wants an annual int
Nataliya [291]

Answer:

Amount invested at 5.75% = $30,000

Amount invested at 7.25% = $14,000

Explanation:

Let the amount invested

at 5.75% = X

at 7.25% = Y

According to given condition

X + Y = $44,000 ( Eq 1)

and

0.0575X + 0.0725Y = $2,740 ( Eq 2)

By multiplying ( Eq 1) with 0.0575

0.0575X + 0.0575Y = $2,530 ( Eq 3)

By subtracting ( Eq 3) from ( Eq 2)

0.0725Y - 0.0575Y = $2,740 - $2,530

0.015Y = 210

Y = 210 / 0.015

Y = $14,000

X + $14,000 = $44,000

X = $44,000 - $14,000

X = $30,000

Check:

$30,000 x 5.75% + $14,000 x 7.25% = $2,740

$2,740 = $2,740

5 0
3 years ago
Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on
earnstyle [38]

.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach

This is further explained below.

<h3>What is a proactive type of approach?</h3>

Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.

In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach

Read more about the proactive type of approach

brainly.com/question/18762497

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6 0
1 year ago
Jane is not married and has no children she is 35 and owns here own home under which status is she most likely to file
uysha [10]

She would be most likely to file under SINGLE :)

Hope this helps

6 0
3 years ago
Suppose the own price elasticity of demand for good X is −0.5, and the price of good X increases by 10 percent. What would you e
nexus9112 [7]

Answer:

a 10% increase in price will reduce the demand and total expenditures on good X by 5%.

Explanation:

<em>Price elasticity of demand(PED) is the degree of responsiveness of demand to a change in price.</em>

<em>Where a percentage change in price produces a more than a proportional change in quantity, we say the product is</em><em> price elastic.</em><em> On the other hand, where a change in price produces a less than a proportional change in quantity demand, then demand is </em><em>price inelastic</em>

PED is computed as follows:

PED = % change in quantity /% change in Price

So we can apply this formula to this question

0.5 = m/10

m = 0.5 × 10

m = 5.

m= 5%

From the computation above , it is deduced that a 10% increase in price will reduce the demand and total expenditures on good X by 5%.

5 0
3 years ago
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