It's C. I just took it and it definitely is C
Answer:
d. an increase in the quantity of bicycles demanded.
Explanation:
For this question, the law of demand applies.
According to the law of demand, when the price of the good increases the quantity demanded of that good would be decreased keeping other things constant and when the price of the good decreases the quantity demanded of that good would be increased keeping other things constant.
It reflects the inverse relationship between the price and the quantity demanded of the good.
B. To raise money to a grow a company.
Stock is equity in a company that is used to help fund the expenses of a company, particularly when they are looking to grow beyond their current revenue sources. It is most useful when a company anticipates growing its revenues or decreasing its expenses through using this new capital in order to deliver a positive return for its equity investors who hold the stock certificates.
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Answer:
c. $33,000
Explanation:
The computation of the bad debt expense is shown below:
= Estimated uncollectible amount + debit balance of allowance for doubtful accounts
= $25,000 + $8,000
= $33,000
To find out the bad debt expense, we have to add the estimated uncollectible amount and the debit balance of allowance for doubtful accounts so that an accurate amount can come.
