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tiny-mole [99]
3 years ago
6

How does bad debt expense is reported on the income statement?

Business
1 answer:
Tems11 [23]3 years ago
6 0
Answer: Bad debt expenses are generally classified as a sales and general administrative expense.
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_____ is defined as the tradeoff (or relationship) of the quality of the purchase received, compared to the price paid and other
emmasim [6.3K]

Answer:

Value

<h3>What are the value definition and examples?</h3>
  • Value is the worth of goods, services, or money of an object or person.
  • An example of value is the amount given by an appraiser after appraising a house.
  • An example of value is how much a consultant's input is worth to a committee.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

5 0
2 years ago
Suppose that when the price of a certain commodity is p dollars per unit, then x hundred units will be purchased by consumers, w
Nataly_w [17]

Answer:

Profit = TR- TC&#10;= x (P) - C(x)&#10;= x(-0.05x+38) - (0.02x^{2} + 3x + 574.77)&#10;= -0.05x^{2} + 38x - 0.02x^{2} - 3x - 574.77&#10;= -0.07x^{2} + 35x -574.77

This profit equation is an equation of a parabola that opens downward (Since A=-0.07<0) and has its vertex at

x= -\frac{B}{2A}  = -\frac{35}{2 (-0.07)}  = 250

Thus, revenue is maximized when x=250 hundred units. At this quantity maximum profit is

P(250)=3800.23 hundred dollars

b. Profits are maximised at x=250 hundred units. The per unit price at this is,

p= -0.05x + 38&#10;= -0.05 (250) + 38&#10;= $25.5


7 0
3 years ago
Mongelli Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn's guests appreciate its go
White raven [17]

Answer:

total overhead costs = $7,793.90

Explanation:

the overall budget is missing, so I looked for a similar question:

  • Activity level 90 guests
  • Variable overhead costs:  
  • Supplies $234
  • Laundry 315
  • Fixed overhead costs:  
  • Utilities 220
  • Salaries and wages 4,290
  • Depreciation 2,680
  • Total overhead cost $7,739

the total budgeted overhead costs must include the variable overhead costs plus the fixed overhead costs:

variable overhead costs = [($234 + $315)/90] x 99 = $603.90

fixed overhead costs = $220 + $4,290 + $2,680 = $7,190

total overhead costs = $7,793.90

8 0
3 years ago
Central Perk orders their organic coffee filters from a South American supplier that mails them as inexpensively (hence, as slow
katovenus [111]

Answer:

1,360 filters

Explanation:

To avoid the material / inventory shortage a company calculates the a level of inventory at which a new order will be placed. It consider the lead time to deliver an order.

Daily usage = 80 filters

Delivery lead time = 14 days

Reorder Point formula = ( Daily usage x Lead time ) + Safety Stock

We need safety stock to calculate the reorder level. Safety stock is the level of inventory which is maintained to eliminate the risk of stock out of inventory.

Safety stock = (Maximum daily usage x Maximum lead time in days) – (Average daily usage x Average lead time in days).

Safety stock = ( (80+5) filters x (14+2) days ) – ( 80 filters x 14 days )

Safety stock = 1,360 filters - 1,120 filters = 240 filters

Placing values in Reorder point formula

Reorder Point formula = ( 80 x 14 ) + 240 = 1360 filters

4 0
3 years ago
The prospects for success facing your startup are risky: there is a 0.5 probability that you lose $1 million, 0.2 probability th
soldi70 [24.7K]

Answer:

Expected return  1,000,000

Explanation:

We will weight each result by their probability

Probability A 0.5 x 1,000,000 = -500,000

Probability B 0.2 x 0                =              0

Probability C 0.3 x 5,000,000 = 1,500,000

The we add them:

-500,000 + 0 + 1,500,000

Expected return  1,000,000

<u>Remember</u>

All the probabilities should add 1

0.50 +  0.2 + 0.3 = 1

3 0
3 years ago
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