Answer:
Strategic thinking.
Explanation:
Strategic cost management refers to the process of improving the strategic position of a company by lowering its costs (both production and distribution costs). For example, Amazon's strategic cost management has helped them grow into a huge retailer by offering low prices, but low prices could only be achieved through low distribution costs per unit sold.
Answer:
See explanation
Explanation:
See the image below to get the appropriate answer:
Answer:
Disposable income= $74,000
Explanation:
Disposable income is the protein of a person's income that is available for saving and spending after income tax has been paid.
Disposable income is used to guage the state of the economy.
Formula for disposable income is
Disposable income = Income - Tax
Disposable income= 98,000- 24,000
Disposable income= $74,000
Answer:
Dr. Allowance for Doubtful Accounts $7,400
Cr. Accounts Receivable $7,400
Explanation:
A write off eliminates the account receivable balance. It is recorded as the debit to Allowance for Doubtful Accounts because of its credit nature. It reduces the balance of the allowance use it for actual write off. On the other hand it credit the account receivable balance to reduce it as it is debit in nature.
Compound interest formula:
A = P (1+r/n)^(nt)
Where:
A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested or borrowed for
Compounding Interest simply means that the interest earned for a certain interest period also earns an interest.
Let us assume the following:
Principal = 1,000
rate = 0.12 per annum
term/time = 5 years
if n = annual compounding it is equal to 1 ; <span>A = 1,762.34</span>
if n = semi annual compounding it is equal to 2 ; A = 1,790.85
if n = quarterly compounding, it is equal to 4 ; A = 1,806.11
if n = monthly compounding, it is equal to 12 ; A = 1,816.70
Based on the sample computation, Anthony will earn more interest from monthly compounding.