Answer:
$27,000
Explanation:
Allowance for doubtful accounts before adjustment $15,000
Allowance provided for the month;
$800,000*1.5% $12,000
Closing balance for Doubtful Accounts $27,000
The allowance for doubtful accounts is provided on net sales basis therefore sales are multiplied with % of bad debt allowance given in question.
The behavior of Albert is consistent with the law of demand.
The basic law of demand says that the higher the price of a commodity, the lower the quantity demanded; and the lower the price of a commodity, the higher the quantity demanded.
Albert went to his local store, hoping to buy a pair of Levi's for $30, however, when he got there, the price was lower at $18, he then decided to buy more than one because the price was lower. This is the law of demand taking place.
Answer: 44%
Explanation:
In probability, Independent event is simply an event that doesn't have anything to do with the occurrence or non-occurrence of another event.
From the question, we are informed that likelihood of Company A's stock price rising is 20%, and the likelihood of Company B's stock price rising is 30% and they are both independent.
Therefore, the probability that the stock price of at least one of the companies will rise goes thus:
P(at least one will rise) will be:
= 1 - P(both fall)
= 1 - [(1-0.20) × (1-0.30)]
= 1- (0.8 × 0.7)
= 1 - 0.56
= 0.44
= 44%
Answer:
Answer for the question:
Within the food service industry (restaurants that serve meals to customers, but not just fast food), find examples of firms that have sustained competitive advantage by competing on the basis of (1) cost leadership, (2) response, and (3) differentiation. Cite one example in each category; provide a sentence or two in support of each choice. (Hint: A "99cents menu" is very easily copied and is not a good source of sustained advantage.)
is given in the attachment.
Explanation:
There was several key factors that helped in c<span>reating a strong wartime economy. The first and the foremost important factor was the creation of new technologies. The second factor was increasing the workforce for creating war machines and ammunition's. I hope that the answer has helped you.</span>
