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Katen [24]
3 years ago
10

If there is a substantial increase in bad debts, what might this mean?

Business
1 answer:
QveST [7]3 years ago
6 0
In the case of lending money (for a vehicle or a mortgage for example), this may be an indication of irresponsible lending practices. If there is a substantial increase in bad debts, it means that less creditworthy borrowers (borrowers who are less capable or likely to repay) are obtaining credit too easily.

In the case of bad accounts receivable for a company, there are similar implications, but it also could mean that the inventory that a company is selling is not being sold quickly enough by the retailer. One example could be ToysRUs having overdue accounts due to its partnered toy makers, such as Hasbro. It could be a sign that the demand for the product is not sufficiently high to sell the full amount of purchased inventory, at least when being sold through that retailer. 
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Steve Queen and Chelsy Stevens formed a partnership, dividing income as follows: Annual salary allowance to Stevens of $117,150.
Dmitriy789 [7]

Answer:

Queen $32,850

Stevens $180,150

Explanation:

                                             Queen        Stevens           Net Income

                                                                                      available (distributed)

Net Income                                                                          $213,000

Interest on Capital (6%)       $4,500         $6,300              <u>($10,800)</u>

                                                                                             $202,200

Salary Allowance                                      $117,150             <u>($117,150)</u>

                                                                                              $85,050

Remaining $85,050            $28,350        $56,700           ($65,050)

(in ratio 1:2)

Total Net Income                $32,850         $180,150              ($0)

distributed

5 0
3 years ago
All of the following are true about why it is important to complete the Free Application for Federal Student Aid (FAFSA) process
nevsk [136]

Answer:

It allows you to be eligible for early admission

Explanation:

In the Financing Higher Education module, Everfi explains what FAFSA is by stating, "In order to qualify for federal student aid and a lot of other scholarships and grants, you need to fill out the Free Application for Federal Student Aid (FAFSA)". Based on this, you know FAFSA is important because it helps you be eligible for scholarships, grants, and financial aid, but it never says anything about early admission, therefore, making C the answer.

7 0
3 years ago
A cable TV company redesigned jobs so that one employee interacts directly with customers, connects and disconnects their cable
allsm [11]

Answer:

a. increasing job enrichment by establishing client relationships

Explanation:

The job enrichment is the technique for motivation which is given by the business organization with the view that the employee performs his best by giving him additional responsibilities so that the organization can achieve its targets in an efficient and effective manner.  

The self -reinforcement is that technique for motivation in which the employee motivates himself so that he is able to work in the best manner.  

The job rotation is that technique for motivation in which the employee assigned the two or more tasks in different rotations

Job specialization means that the person who has the interest will take that department. Example - marketing, finance, human resource

The job feedback is given by the employee regarding the salary package, working environment, benefits, etc

Hence, in the given situation the most appropriate option is a.

4 0
3 years ago
If the quantity supplied is the same regardless of price then the supply curve would be:___________
Eva8 [605]

Answer:

perfectly inelastic

Explanation:

A supply of the product is considered to be perfectly inelastic in situations whereby the changes in the price of a commodity do not affect the quantity supplied, then such a supply curve is termed as perfectly inelastic. It is often depicted as a vertical line at the quantity supplied against all the prices in a graphical representation form.

Hence, If the quantity supplied is the same regardless of price then the supply curve would be: PERFECTLY INELASTIC

7 0
3 years ago
The type of planning that is concerned with developing detailed short-term actions about the allocation of resources and what is
Oliga [24]

Answer:

D. tactical

Explanation:

Tactical planning is concerned with the specific measures to take in order to carry out the more general strategy of the firm.

In Tactical planning, specific goals about what to produce, when to produce, how much to sell, for what price to sell it, and so on, should be laid out, and the plan should be evaluated constantly, to see if the goals were met.

3 0
3 years ago
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