Answer:
The correct answer is option b.
Explanation:
National saving is the portion of total income which is left after consumption and government spending. It is the sum of total private saving and public saving.
It is that portion of national income or GDP which is not consumed by the public and spent by the government.
It can be expressed as:
National saving = Y - C - G
Answer: A- few product lines with many items in each
Explanation: A company with shallow product line depth and broad product line breadth would have few product lines with many items in each.
This means that a shallow product line depth is a few product lines. The company has limited variety of product.
While the broad product line breadth means that the company has many items available.
If yesterday's price was the regular price then the equation $217=62%x can be used to solve for x. so x = $217/0.62=$350. To check the answer, multiply $350 by 0.62 = $217. In other words, x is the unknown regular price so 0.62 times x = $217 and then cross multiplying means dividing $217 by 0.62, to get the answer.
After accounting for bad debt expense, the remaining amount in the allowance for doubtful accounts is $7,950.
<h3>
What is bad debt?</h3>
Bad debt, sometimes referred to as uncollectible accounts expense, is a sum of money owed to a creditor that is unlikely to be paid and for which the creditor is not willing to take action to collect for a variety of reasons, frequently due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency. Depending on accounting practices, regulatory considerations, and the institution provisioning, there are many technical definitions of what a bad debt is. Bank loans in the USA are referred to as "problem loans" if they are more than 90 days overdue. Accounting sources recommend deducting the entire amount of a bad debt from profit and loss or from a provision for bad debts as soon as it is anticipated.
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A sole proprietor has unlimited personal liability for all business debts and obligations.
<h3>Who is a
sole proprietor?</h3>
A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.
A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.
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