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yaroslaw [1]
3 years ago
10

The existing balance in the Allowance for Doubtful Accounts is considered in computing bad debt expense when using the percentag

e-of-receivables basis. The existing balance is ignored when using the percentage-of-sales basis. The existing balance in Allowance for Doubtful Accounts is considered in computing bad debt expense in the
Business
1 answer:
kolbaska11 [484]3 years ago
8 0

Answer:

The existing balance in Allowance for Doubtful Accounts is considered in computing bad debt expense in the percentage of receivables basis.

Explanation:

Percentage of receivables basis is preferred over direct write-off of bad debt expenses and is used in the calculation of bad debts, this is done by multiplying the accounts receivable by percentage of expected noncollectable debts and then subtracting accounts for bad debts are then subtracted from accounts receivable on the balance sheet and the result reported as net accounts receivable. It is used in calculating the bad debt expense in each account reporting period.

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Southwest Airlines is able to keep fares low, in part because of relatively low maintenance costs on its airplanes. One of the m
Marizza181 [45]

:

.

Explanation:

the reason maintenance cost are low is because the airline has just one type of aircraft which is boeing 737.

a. the measurable dependent variable for the study is the fares of the southwast airlines.

b. a factor that might affect the independent variable is the three versions that are being used by the southwest airlines. <u>the independent variable here is the maintenance cost of the airlines.</u> the factor has 3 different levels which are boeing -700, -800, -900ER

thank you!

4 0
3 years ago
John is an investor who is looking at two opportunities. One has higher risk than the other. John is willing to invest in the hi
harina [27]

Answer:

B. As a risk-averse investor

Explanation:

B. As a risk-averse investor is a correct option . Risk-averse investors can invest in higher risk opportunity only if it offers higher expected return .

4 0
4 years ago
Mandi puts $20 in her savings account. the account pays 3% simple interest. how much interest will she earn in 2 years?
cupoosta [38]
$20x2x3=120    
120/100=$1.20
Interest= $1.20
8 0
4 years ago
What is a challenge of starting a business?
Levart [38]

Answer:

Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges every business faces whether they are large or small. These include things like hiring the right people, building a brand, and so on.

Explanation:

4 0
3 years ago
As the average hourly wage increases from $18 per hour to $20 per hour, the quantity of frozen dinners demanded decreases from 3
horrorfan [7]

Answer:

The income elasticity of demand for frozen dinners is negative when there is an increase of hourly wages. -51%

Explanation:

When the income elasticity is negative it means that the good is inferior so when the income is increased, the demand of the good decrease beacuse its demand change to a better quality good. For instance in this case a fresh meal.

income elasticity % = % change in quantity / % change in income

(((3350-3550)/3550)/((20-18)/18))*100

7 0
3 years ago
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