1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
_____ are observable, statistical aspects of populations including such factors as age, gender, or income. Group of answer choic
Damm [24]

Answer:

The correct answer is letter "E": Demographics.

Explanation:

Demographics is the study and categorization of people based on factors such as <em>income level, education, gender, race, age, </em>and <em>employment</em>. In business, demographics are important because they help a company better target the market for its products and, thus, better utilize its marketing expenditures.

8 0
3 years ago
What does consumer vigilance mean
Dafna11 [192]
I believe it means you have the right to be informed
7 0
3 years ago
Read 2 more answers
A profit-maximizing decision must be made about whether to keep a bed &amp; breakfast operating. Until the place sells, the mort
artcher [175]

Answer:

b.it is best to ignore sunk costs and keep the bed & breakfast operating.

Explanation:

The owner of the store will face the mortgage cost wether the bed and breakfast is open or closed therefore it should be ignore in the short-term for the decision wether or not to keep the business open.

The business revenues are 6,000 while their cost 4,000 thie means there is a contribution of 2,000 then we subtract the mortage to get a loss 1,000

If closed the losses will increase to 3,000 asthe mortage expense would not disappear.

We should keep it open and look for ways to either sale or rent the space for a better gain than 2,000

5 0
3 years ago
Sherry is known for being very task oriented in her approach to manage subordinates. Which at the following statement is noot li
Furkat [3]

Answer:

a. She tends to work to develop trusting relationships with subordinates.

Explanation:

since in the given situation it is mentioned that sherry to be called as the very task oriented person in order to manage the subordinates so as per the given situation the first option is correct as it is not describe her behavior that she develop the relationship with the subordinates in a trust worthy way

So the option a is correct

6 0
2 years ago
Which of the following is an example of public relations?
vaieri [72.5K]
Can you give us the multiple choice answers?
5 0
3 years ago
Other questions:
  • here is much dispute over the impact that the Internet has had on today’s youth. Based on the information you learned in this le
    9·2 answers
  • Differentiate organizing from organization
    9·2 answers
  • Which of the following statements is correct?
    9·1 answer
  • Windsor Corporation engaged in the following cash transactions during 2020. Sale of land and building $187570 Purchase of treasu
    10·1 answer
  • A shortage of a natural resource can lead to which phase in the business cycle?
    12·1 answer
  • Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous
    15·1 answer
  • CHEGG At the beginning of Year 2, the Redd Company had the following balances in its accounts: Cash $ 6,900 Inventory 15,000 Lan
    8·1 answer
  • Is the national interest a reliable source
    10·1 answer
  • Whats ur dream job??? not a serious q or nun just bored and want to make a conversation lol
    11·2 answers
  • Question 1 Brijesh is negotiating with Sara, who wants to purchase his car. The only issue is price. This is an example of a
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!