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Alona [7]
1 year ago
8

As a manager or owner, what insight can accounting information about accounts receivable and bad debts provide you to help make

business decisions?
Business
1 answer:
pychu [463]1 year ago
6 0

The information that a manager or an owner can get by having an insight into the accounting information about accounts receivable and bad debts is how much amount of goods are sold to the consumers on credit and how much is the amount that the consumers are not able to pay for the goods that they had bought.

It will also help to decide how much of a provision is required to be kept in advance for bad debts. If a company has a high amount of accounts receivable but a small number of bad debts then it shows that the company is efficient in doing the credit sales and gives goods on credit only to those consumers who can give the debt back.

The manager or the owner can decide that they can do more credit sales as there is less chance of it becoming worse. If a company has a high amount of accounts receivable and a high amount of bad debts then it shows that the company is inefficient in doing the credit sales and gives goods on credit to consumers without a surety of getting the debt back.

The manager or the owner can decide that they cannot do more credit sales as there is more chance of it becoming worse.

Learn more about accounting information here brainly.com/question/26261281

#SPJ4

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Without using calculus or any other advanced math, the MS Solver plug-in can be used to find the input value for x that results
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Answer:

The weekly revenue is maximum at x=1.67.

Explanation:

The given function is

f(x)=1000x -300x^2         .... (1)

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We need to find the price x at which the weekly revenue is maximum.

The leading coefficient of the given function is -300, which is a negative number. So, it is a downward parabola and vertex of a downward parabola is the the point of maxima.

If a parabola is defined as

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then the vertex of the function is

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From (1) and (2) it is clear that

a=-300,b=1000, c=0

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Answer:

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In the long run, all inputs are variable. E.g. in 5 years Gilberto might build his own pizza place and he will be able to make the kitchen as large as he wants.

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