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3 years ago

12

A method of estimating the amount of bad debt expense whereby management establishes a percentage relationship between the amoun

t of receivables and the expected losses from uncollectible accounts is called _________________.

1 answer:

Flauer [41]3 years ago

5 0

Answer: provisions

Explanation: According to ias 37

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Why is it important to empathize with your user?

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Empathy is important because it awakens our senses as designers.

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3 years ago

Suppose the price of hot wings is $10, the price of beer is $1, and the consumer’s income is $50. In addition, suppose the consu

IgorC [24]

Answer:

a. budget constraint intersects the vertical axis at 25 beers.

Explanation:

A budget constraint shows all the combinations that a consumer might purchase of two given products or services. The total consumption can be represented by a consumption possibilities frontier curve:

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3 years ago

The measurement that equals cash receipts minus cash payments over a given period of time, is referred to as:

zavuch27 [327]

The above is referred to Net cash flow. Net cash flow to the difference between an organization's trade inflows and surges out a given period. In the strictest sense, net income alludes to the adjustment in an organization's money adjust as point by point on its income explanation. Cash flow is the cash that comes in and leaves an organization. It is the era of salary and the installment of costs. Money inflows result from either the era of income through the offering of products and enterprises, cash acquired, or cash earned through ventures.

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3 years ago

Consider a project with an initial investment of $30,000, annual revenues of $7000 for the six-year useful life, a salvage value

alexandr402 [8]

Find below attachment

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3 years ago

Perfect Clean, Inc. provides housekeeping services. The following financial data have been provided. Service Revenue $ 70 comma

Dennis_Churaev [7]

Answer:

The contribution margin is $29,650

The contribution margin ratio is 42.35%

Explanation:

Contribution Margin : The contribution margin shows a difference between sales revenue and variable cost.

For computing the contribution margin, the following formula is used which is shown below:

= Service revenue - Cleaning supplies - wages expenses

= $70,000 - $22,000 - $18,350

=$29,650

Thus, the contribution margin is $29,650

Now, the contribution margin ratio is a ratio between contribution margin and sales.

In mathematically,

Contribution margin ratio = Contribution ÷ Service revenue

= $29,650 ÷ $70,000

= 42.35%

Hence, the contribution margin ratio is 42.35%

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3 years ago