<span>This may be an example of </span>"reverse discrimination".
The expression "reverse discrimination" at times is utilized to portray a kind of segregation wherein individuals from a majority or truly advantaged gathering, (for example, males) are victimized in view of their race, sex, age, or other secured characteristic. These sorts of cases commonly emerge in the zones of work or instruction.
Answer:
The journal entry for recovery is shown below:
Explanation:
When the company, determine that it could not collect the amount, then the entry which should be recorded is:
Accounts receivable A/c..........Dr $66,000
Bad debts expenseA/c........Cr $66,000
But on October 30, the company received the full amount from the customer, then entry for recovery of the bad debt is as:
Cash A/c.................................Dr $66,000
Accounts Receivable A/c.......Cr $66,000
Answer:
small business
Explanation:
According to my research on the different types of companies, I can say that based on the information provided within the question Vernon's company can be categorized as a small business. A small business refers to any company that is independently owned and has only a small number of employees and resources in comparison with the industry that it is currently in. Since Vernon business is run from his house and he only has 55 employees, he would be classified as a small business.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
19.7%
Explanation:
The modified internal rate of return is a capital budgeting method used to determine the profitability of an investment. The MIRR assumes that cash inflows are reinvested at the firm's cost of capital and outflows are financed at the firm's financing cost.
MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n) - 1
Future value = payment x[ (1 + interest rate)^n - 1 ] / interest rate
$193,000 x (1.17^5) - 1 / 0.17 = 1353779.24
1353779.24 / $551,000) ^0.2 - 1 = 19.7%
