The collector correctly informed what she should have, though she crossed the line when she started directly assaulting April's dad and asked for his personal information.
Answer:
$28,000
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Given that Past experience indicates that the allowance should be 10% of the balance in receivables
Allowance = 10% * $150,000
= $15,000
Since during 2018, $29,000 of uncollectible accounts receivable were written off
Balance in allowance account before adjustment
= $29,000 - $16,000
= $13,000 (Debit)
Required adjustment for Doubtful Accounts at December 31, 2018
= $13,000 + $15,000
= $28,000
Answer:
Inventory TO 9
Gross profit percentage: 55%
Explanation:
Inventory Turnover
where:
COGS 17,100
beginning: 1,800
ending: 2,000
Average Inventory: 1900
Inventory TO 9
Gross profit percentage:
Gross profit percentage: 0.55 = 55%
Answer:
The question is incomplete, it misses the options. The options are the following:
a) exploration.
b) Product development.
c) Test marketing.
d) Screening.
e) Business analysis
And the correct answer is the option A: Exploration.
Explanation:
To begin with, the stage of <em>"exploration"</em> in the process of developing new products by the companies is the one in where the expertises primarily focus on the devolpment of new ideas that may match with what the company is looking for and therefore that in this part it is quite common to do storm ideas or techniques like that in where the whole group focus on coming together in few options that will pleased the superiors that will later accept or not the idea and will pass the stage to the next one or will have to start thinking about new ideas.
Answer: True
Explanation:
Microsoft opening a special store inside the shopping buildings of Best buy various branches spread across various locations, enables Microsoft to have stores in various locations without having to build shops. This saves Microsoft from the risk and cost associated with running a full business shopping complex.
