Answer:
An alternative is also known as Uncollectible accounts expense
Explanation:
A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.
Bad debt expenses are generally classified as a sales and general administrative expense and are found on the income statement. Recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.
<u>Bad debt expense is also known as Uncollectible accounts expense</u>
Answer:
Intrinsic value of a firm is the actual value of the firm, and not the market price of the share based value.
Explanation:
Intrinsic value is generally computed using the asset based method, as per this method we compute the actual value of each asset in the firm separately, and then deduct the value of liabilities from it. In this manner, we estimate the current value of the firm.
Whereas the market value is computed using the stock price of in the market.
As the market value is based solely on the market value of the stock, it does not consider sometimes the actual circumstances, as for example, the land value of the firm might be 10 times more than the value recorded in the books. Because it is recorded at historical cost, although the current value is generally more of a well established firm.
The answer is elastic. Elastic demand is when the price of a product or other elements have a big outcome on the number consumers want to buy. It is most frequent when customers respond to price fluctuations. If the price goes down by a slight amount, they'll buy in bulk. But if the price rises just a jiff, they'll stop buying bulks and wait for the price of the product to return to normal. Price is included in the five determinants of demand. If a good or service has an elastic demand, it means consumers will do a lot of judgment shopping. That is because they are not frantic to have it, they do not need it everyday living or there a lot of similar options.
Answer:
<em>B. economic growth leading to a return on investment.</em>
Explanation:
Answer:
A. permanent cuts in business taxes
Explanation:
Cutting taxes is a government fiscal policy that aims at increasing aggregate demand, thereby stimulating growth. Real GDP is the total value of a country production adjusted for inflation. A cut in business taxes reduces the cost of production. Sellers can offer goods to customers at a lower price. A reduction in prices has similar effects to an increase in incomes. With an increase in purchasing power, individuals will have the ability to buy more, leading to an increase in demand.
Manufacturers react to an increase in demand by producing more goods. An increase in production is an increase in real GDP. Therefore, a permanent cut in taxes will lead to an increase in real GDP. Real GDP is calculated per financial year. A temporal tax cut may lead to a term short term rise in demand.