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Triss [41]
3 years ago
14

If a company's revenue is 50 billion usd a year, how much money does it make per hour

Business
1 answer:
victus00 [196]3 years ago
7 0
Company's revenue is 50 billion usd per year
money it makes per hour = ?
1 year = 365 days  and 1 day = 24 hours
so 1 year = 365 x 24 = 8760 hours
now divide 50 billion with 8760 hours
50,000,000,000 / 8760 = 5707762.557 usd per hour
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What is the normal journal entry when writing-off an account as uncollectible under the allowance method?.
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The journal entry when writing off an account as uncollectible under the allowance method is:

Allowance for Doubtful Debts     ( Dr.)              xxxxx

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The allowance technique involves putting aside a reserve for terrible debts that are expected in the future. The reserve is based on a percent of the income generated in a reporting length, possibly adjusted for the danger associated with positive clients.

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The allowance approach requires a small commercial enterprise to estimate at the cease of the 12 months how an awful lot awful debt they have got, while the direct write-off method we could owners write off horrific debt whenever they determine a patron might not pay an invoice.

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5 0
2 years ago
What is the primary responsibility of oversight bodies (such as an irb or iacuc)?
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Responsibility can also be used to describe Group responsibility. societal accountability for businesses. Duty. obligation to pay.

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1 year ago
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rusak2 [61]

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5 0
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Answer:

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