Answer:
c.The result is based on either a percentage of sales or an analysis of receivables
Explanation:
Generally, companies will choose between two approaches under the allowance method.
Percentage of Sales: Using historical data, a company examines the relationship between sales and uncollectible accounts receivable. If there is a fairly stable relationship between the two, a company will use the historical Uncollectible Accounts / Credit Sales ratio to estimate the bad debts expense in the current period.
This method is sometimes referred to as the income statement approach.
Percentage of Accounts Receivable: Using historical data, a company examines the relationship between accounts receivable and uncollectible accounts. Companies will oftentimes increase the accuracy of these estimates by looking at their aging schedule for patterns, rather than using a composite (or total) of their receivables
This method is sometimes referred to as the balance sheet approach
Incomplete/unclear question. The correct question read;
<u>88% </u>of all Rutgers/Newark students will get drunk this weekend. P2: Booze-Head is a Rutgers/Newark student. Can it be inductively concluded that Booze-Head will not get drunk this weekend?
Answer:
<u>No</u>
Explanation:
<em>Remember,</em> inductive reasoning is often based on<u> broad generalizations from specific observations.</u>
So since from this scenario, a broad generalization was made that <u>88% </u>of Rutgers/Newark students will get drunk this weekend, it seems <u>unlikely </u>and illogical that Booze will not be among those getting drunk on the weekend.
Answer:
merchants and crusaders had brought many goods to Europe from Africa
Explanation:
Motives for Exploration For early explorers, one of the main motives for exploration was the desire to find new trade routes to Asia. By the 1400s, merchants and crusaders had brought many goods to Europe from Africa, the Middle East, and Asia. Demand for these goods increased the desire for trade.
I think government systems have their weakness and strengths. Having a just society needs good governance that promotes the welfare of people that also has a strong implementation of the rule of law. Enforcement of the law to create a peaceful community is important.