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Stella [2.4K]
3 years ago
5

The following information relates to a company’s accounts receivable:

Business
1 answer:
notka56 [123]3 years ago
6 0

Answer:

1. $31,000

2. $40,000

Explanation:

1. Computation of bad debt expenses for the year

Bad debt expenses = Credit sales × Bad debts expenses

= $1,550,000 × 2%

= $31,000

2. Computation of year end balance

Year end balance = Beginning balance + Bad debt expense - Written off

= $31,000 + $31,000 - $22,000

= $40,000

Therefore for computing the bad debt expenses and year end balance we simply applied the above formula.

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A thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is c
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Answer:

post-audit

Explanation:

Post audit process can be regarded as

the analysis of result of capital budgeting investment. When this result of the audit are use in making budgeting decisions in future capital, and this side decision making process.

It should be noted that thorough evaluation of how well a project's actual performance matches the projections made when the project was proposed is called a post-audit.

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3 years ago
What form of scrambled merchandising, popular in Europe, features large stores that provide variety, quality, and low price for
vfiekz [6]

Hypermarket is form of scrambled merchandising, popular in Europe, features large stores that provide variety, quality, and low price for groceries and general merchandise.

<h3>What does the term "hypermarket" mean?</h3>

a very large retailer that stocks both items typically found in department stores and supermarkets.

<h3>What is an example of a hypermarket?</h3>

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3 0
2 years ago
Mallory needs to inform her staff that their insurance benefits are changing. as she prepares her strategy for presenting the in
Lilit [14]
The answer would be a written memo. On the off chance that the client is a partner, the arrangement is normally considerably more adaptable. At its most fundamental level, an update can be a manually written note to one's chief. In business, an update is ordinarily utilized by firms for inner correspondence, rather than letters which are regularly for outside correspondence.
4 0
3 years ago
From an Associated Press article on Venezuela dated January 22, 2008: "... troops are cracking down on the smuggling of food ...
Sunny_sXe [5.5K]

Answer:

C. Letter C; demand exceeds supply, resulting in a shortage

Explanation:

I had put my answer as A on the test and got it wrong. But this is the correct answer C.

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3 years ago
A city starts a solid waste landfill during 2020. When the landfill was opened the city estimated that it would fill to capacity
telo118 [61]

Answer:

Explanation:

Solution:

a) At the end of 2020, facility is 20% full so the 300,000 would be regarded as expenses

Therefore, in the balance sheet, at the end of 2020, 300,000 would be shown as liability.

b) In the financial statements for 2012, 300,000 would be shown as expense and 300,000 would be shown as liability.

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3 years ago
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