Answer:
The balance after adjustment is $57,000
Explanation:
Bad debt expense is the company's expense due to the inablity if it's debtor to pay their owed amount. Bad debts expense is also referred to as uncollectible accounts expense. The estimated estimated uncollectible accounts given in the question is $57,000. So the balance after adjustment of the allowance for doubtful accounts would be $57,000 debit.
Answer:
Due-diligence
Explanation:
Due diligence is the process of inspection by the venture capitalist to determine whether to invest in any company or not. In due diligence they gauge the potential of success of company and potential profitability. Due diligence process involves asking question to obtain important information to verification of feasibility of business opportunity. The question is primarily involved around date from financial reports, legal aspects, any intellectual property possess, the assets and liability of company.
Since given in question key claims of business plan is being verified, therefore due diligence process is being followed in venture capital funding
Answer:
The correct statement related to the pro forma statements is:
The addition to retained earnings is equal to net income less cash dividends.
Explanation:
When the beginning retained earnings are increased by the addition to retained earnings, it means that the cash dividends have been subtracted from the net income. This addition is the leftover net income after offsetting the dividends. It increases the retained earnings by the end of the financial period.
Answer:
c. foreign subsidiary
Explanation:
Foreign subsidiary -
It refers to a company which is partially or completely , part of some large firm , whose main office is located in some other country , is referred to as a foreign subsidiary .
It is a form of foreign direct investment method , where a company purchases any other company , where the company supposed to manufacture , sell or produce the same type of goods and services .
Hence, from the given information of the question,
The correct option is c. foreign subsidiary .
The answer to this question is Risk;Resources
The risk levels will affect your choice in choosing the market because the higher the risk levels, the fewer competition you will tend to face.
The resource requirements, on the other hand, affect your choice by considering which product could be produced in your area that has a competitive advantage compared to other products
