Answer:
Bad debt expense = ($23,000 * 30% + $23,000 * 70% * 3%)
Bad debt expense = $6,900 + $483
Bad debt expense = $7,383
Journal entry
Date General Journal Debit Credit
Jan 31 Bad debt expense $7,383
Allowance for uncollectible- $7,383
accounts.
The team should give serious thought about bidding when the company has excess production capacity that is not being meant to produce more. In that sense it can be in great danger and that would be the ideal point to bid. This action needs to be taken and then more actions, most of them "agressive", would come about, like trying as much as they can to win contracts to supply what they need.
Answer: The correct answer is <u>Efficiency frontier.</u>
Explanation: The <u>Efficiency frontier</u> shows all of the different positions that a firm can adopt with regard to value creation and low cost assuming that its internal operations are configured adequately to support a particular position.
Answer: c. it failed to take advantage of opportunities presented by Moore's Law.
Explanation:
Moore's law is states that the number of transistors in a dense integrated circuit doubles roughly every two years.
The observation got its name after Gordon Moore, the co-founder of Fairchild Semiconductor and CEO of Intel, whose paper in 1965 showed a pattern of doubling every year in the number of transistors per integrated circuit, and he predicted that this rate of growth would continue for at least another decade.
In 1975, he reviewed the forecast to doubling every two years, at a compound annual growth rate of 41.4percent.
Apple were able to take over the portable music market because they made they products such as the ipods, the iPhone, the iPad, and the MacBook smaller and very effective to use. This qualities endeared the Apple products to the consumer market, making apple products to swiftly replace the Sony portable players.
Explanation:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Example Coca-Cola, Amazon etc.