Answer: $3,575
Explanation:
Opening balance for Allowance for Noncollectable Accounts for 2022 is closing balance for 2021 = $1,300.
Cool wear wrote off $775 during the year which would come out of the allowance;
= 1,300 - 775
= $525
An allowance of $4,100 was determined for the year which means that the Bad debt expense is the difference between the determined allowance and the current balance because this is the amount that the account had to be increased by to cater for the bad debt expense.
= 4,100 - 525
= $3,575
Answer:
decrease in the demand for televisions today.
Explanation:
Consumers are usually interested in paying the lowest possible price for a good or service.
If they expect prices to fall in the future, they would be willing to shift demand into the future and reduce demand now.
I hope my answer helps you.
Answer:
C
Explanation:
Upward communication is communication from lower hierarchy in the organisation to higher hierarchy in the organisation
Downward communication is communication from higher hierarchy in the organisation to lower hierarchy in the organisation
Horizontal communication is communication within the same organisation hierarchy
Diagonal communication is cross functional communication between employees at different levels of the organisation
Answer:
Devilopmental process.
Explanation:
Developmental process involves actions a business implements in creating a product to launching it.
So forming a team to reduce the turn-around time in issuing bills and collecting payments is a developmental process aimed at better service delivery.
Development can be carried out within the organisation or by parties from outside the organisation (business development agency).
Answer:
Higher inflation expectations increase the nominal interest rate demanded by investors
Explanation:
In the case when the rate of interest measures when everything remains the same so if there is high inflation so it would be expected that it also rise the nominal rate of interest that demanded by investors as the inflation would be the value that ascend over a time frame
Hence, the same is to be considered
Therefore the first option is correct