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GaryK [48]
3 years ago
5

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of t

he adjustment when applying which method? A. direct write-off methodB. percentage of sales methodC. Analysis of receivables methodD. both (b) and (c)
Business
1 answer:
lara [203]3 years ago
3 0

Answer:

B. percentage of sales method

Explanation:

Under the Allowance  method there are two ways of analysing the credit sales, one is defining a percentage of the total credit sales, basis in the economy situation and the past events about credit sales, the percentage is determined to estimates allowance for doubtful accounts.

The other way, that isn’t named in the option is through the aging method which classifies the account receivables into diferents age group and estimates the  allowance for doubtful accounts considering the age of each group and asigning a percentage for each one.

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XYZ Inc. brings together specialists from production, marketing, and finance from around the world, and gives each such team the
koban [17]

Answer:

Cross- functional team

Explanation:

Cross- functional team, is the team which is defined as the group of people who came together with the different functional expertise of working against the common goal.

This team may involve the people from human resources, finance, operations and marketing department.

It occurs when the specialist from different areas are put on the same team. So, in this case, XYZ bring together the specialist, which implies that the firm is creating the team of cross- function.

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3 years ago
A two-year college is often the best choice for students who need additional training or time to explore career options.
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True I think okay don't judge me:(
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3 years ago
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She price
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Shortage

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8 0
2 years ago
Solartech Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 143.5 million yen, whe
Ulleksa [173]

Answer:

$929,404.15 (approx)

Explanation:

The dollar amount actually earned by Solartech after exchanging yen for U.S. dollars :-

= Price ÷ One dollar bought

= 143,500,000  ÷ $154.40 yen

= 143,500,000 ÷ $154.40  yen

= $929,404.15 (approx)

Therefore for computing the dollar amount actually earned by Solartech after exchanging yen for U.S. dollars, we simply divide price by one dollar bought.

3 0
3 years ago
Assume that locating a cement factory in the middle of Boston would save the producer $5 million at a public expense, in polluti
never [62]

Answer:

$5 million

Explanation:

If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.

7 0
3 years ago
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