1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
3 years ago
12

XYZ Company uses an allowance method to account for bad debts. It estimates that 5% of the accounts receivable will be uncollect

ible. At the end of the year, there is an accounts receivable balance of $750,000, and a debit balance in the Allowance for Uncollectible Accounts of $9,000. What is uncollectible accounts expense for the reporting period?
Business
1 answer:
Papessa [141]3 years ago
8 0
Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
You might be interested in
sysyster corp. has an ROE of 16 percent and a payout ratio of 24 percent. what is its sustainable growth rate?
pochemuha

Answer:

The answer is 13.84 percent

Explanation:

The formula for sustainable growth rate is:

(Return on equity(ROE) x retention rate)/1 - Return on equity(ROE) x retention rate

Retention rate = 1 - payout ratio.

So, retention rate = 1 - 0.24

= 0. 76

Return on equity(ROE)= 0.16

(0.16 x 0.76) / 1 - ( 0.16 x 0.76)

= 0.1216 / 1 - 0.1216

0.1216/0.8784

=0.1384

Expressed as a percentage:

13.84percent

4 0
3 years ago
The employees at Run Shoes Inc. work in groups that work together by collaborating their skills and cooperating with each other.
tensa zangetsu [6.8K]

Answer:

The correct answer to the following question is work teams.

Explanation:

A work team can be defined as a team where a number of employees would work together ( maybe semi autonomously ) on a task. This type of team would be most useful when there is a constant change in job content and employees are unable to cope with it , so they work in a team . Members of the team would meet regularly to exchange information with each other regarding topic, they would propose new ideas, evaluate  changes , give feedback etc.

4 0
4 years ago
Although people with high incomes appear to be happier than those with low incomes, people in the United States in general have
IrinaK [193]

Answer:

Real GDP is not the direct indication of happiness, because happiness is dependent on a number of other factors, which when combined can result in a happy life.

Explanation:

Real GDP is defined as the measure of the value of the output of the economy, in the macroeconomics, which reflects the money value of all goods and services produced in a given year. Here the output of the economy is also adjusted for the changes in prices occurring in the year.

According the referred application 3 of the book, it is true that the people of United States have become less happy despite the real GDP rise over the last 30 years. This is because the growth of real GDP is not able to cope up simultaneously with the increased workplace stress, jeopardized married life, traffic congestion, health problems and deterioration of environment.

In conclusion, it can be stated that Money does play an important role in increasing the happiness. However the factor alone is not able to cope up with all the problems and this is true only when all the other factors such as a conducive working environment, happy married life, healthy life are also accompanying more money.

7 0
3 years ago
Read 2 more answers
When it comes to executing plans, what is the role of a manager?
tiny-mole [99]

When it comes to executing plans, the role of a manager is controlling and problem solving.

<h3>Who is a manager?</h3>

Managers supervise the activities of others in order to achieve goals. Managers in the modern workforce may be in charge of systems or specific functions that do not involve humans.

A manager has several responsibilities in an organization. One of them is concerned with carrying out the plan devised to achieve organizational objectives. A manager uses this plan to control and solve problems that may arise while carrying out the plan, as well as to make necessary adjustments.

For example, compare actual results to planned results and make adjustments as needed.

Learn more about managers on:

brainly.com/question/24708179

#SPJ1

8 0
1 year ago
The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same
Anon25 [30]

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

7 0
4 years ago
Read 2 more answers
Other questions:
  • Suppose there is an ordinary deductible of $40 and the maximum payment by the insurer is $130. Determine the standard deviation
    6·1 answer
  • Joseph never sleeps through the night. he wakes up at least once per hour to check all the doors and windows in his house to mak
    11·1 answer
  • Stephans Corporation currently manufactures a subassembly for its main product. The costs per unit are as follows: Direct materi
    11·1 answer
  • When manufacturers try to understand what customers are looking for, they are thinking about the _______ component of the produc
    9·1 answer
  • A classic statement regarding project termination and closeout is, "The termination of a project is:
    9·2 answers
  • The stockholders’ equity accounts of Cyrus Corporation on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncum
    7·1 answer
  • Suppose that policymakers are doing cost-benefit analysis on a proposal to add traffic barriers to divide the flow of traffic in
    6·1 answer
  • A company paid its annual dividends of $5.39 per share last week. The company expects to grow its dividends at the rate of 5.0 p
    6·1 answer
  • The additional utility a person receives from consuming an additional unit of a good or service is known as?
    14·1 answer
  • When the publisher of the well-known berenstain bears books wanted to celebrate the 50th anniversary of the series, it initiated
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!