Answer:
amount debited to bad debt expenses = $4794
so correct option is C.$4,794
Explanation:
given data
Outstanding account receivable = 95250
credit balance of allowance for doubtful account = 921
rate = 6 %
solution
we get here Allowance for doubtful accounts that is
Allowance for doubtful accounts = 6 % of 95250
Allowance for doubtful accounts = 5715
and
so here amount should be debited to bad debt expenses is
amount debited to bad debt expenses = 5715 - 921
amount debited to bad debt expenses = $4794
so correct option is C.$4,794
Answer: underallocated because long-run equilibrium occurs where price exceeds marginal cost.
Explanation:
Monopolistic competition occurs when there are many firms that are producing products that are differentiated. It should also be noted that one typical characteristics of a monopolistic competition is a large number of firms coupled with low entry barriers.
It should be noted that in monopolistically competitive markets, resources are underallocated because long-run equilibrium occurs where price exceeds marginal cost..
The market demand curve is used to show the summation of the individual demand curves that are in a given market.
This is an incomplete question and I'll explain the <em>demand curve</em> and give you an idea on how to answer the question.
The market demand curve is used to show the summation of the individual demand curves that are in a market. The<em> market demand curve</em> shows the quantity demanded of the products at various prices.
In order to draw the graph, the <em>price </em>will be on the vertical axis, the <em>quantity demanded </em>will be on the horizontal axis.
It should also be noted that a shift to the right of the <em>demand curve</em> implies that there's an increase in the <em>demand </em>for a product while a shift to the left implies that there's a reduction in the demand for a product.
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Answer: Recruiting and retaining capable employees is important because the quality of an organization's people is always an essential ingredient of successful strategy execution—knowledgeable, engaged employees are a company's best source of creative ideas for the nuts-and-bolts operating improvements that lead to operating excellence(B)
Explanation:
Employees are the bedrock and most important resource in any organization. Having good and effective employees are capable to the growth and development of a firm.
Recruitment and retaining of effective and capable workers is vital because the quality of employees in an organization is an essential ingredient to accomplishment of organizational goals.
Sometimes produces more money than retirement. Another reason is it keeps them busy.