Answer:
<u>the trend of more Latino immigration </u>
Explanation:
The stores have identified a market opportunity because of the increase in Latino immigrants in Boston, Massachusetts.
Note that when a significant amount of a population come from a certain ethnic group, demand for ethnic products is more likely to increase. Thus, this has made Marco feel very much at home.
Is there more to this question??? What do you need to know??
477,202 are the projected sales after year 10.
Answer:
Darla's amount realized on the sale is $800
Adjusted basis in the assets sold is $300
Producing a realized gain on the sale of $500
Explanation:
Amount realized = cash received + FMV of other property + buyer’s assumption of seller’s liabilities – seller’s expenses
Amount realized = 600 + 200 + 0 -0
= $800
Adjusted basis = initial basis – cost recovery deductions
Adjusted basis = 2500-2200 = $300
Gain or loss realized = amount realized – adjusted basis = 800-300
= $500
Therefore Darla's amount realized on the sale is $800 and the adjusted basis in the assets sold is $300, producing a realized gain on the sale of $500
Answer:
The bad debts expense for 2015 would be $ 28,000
Explanation:
The balance of the allowance for doubtful account should be equal to the amount estimated to be uncollectible based on the ageing analysis
Estimated uncollectible account $ 31,000
Allowance for doubtful accounts prior to adjustment <u>$ 3,000</u>
Bad debts expense for the year to be recorded <u> $ 28,000</u>
The accounting entry to record this is as follows:
Bad debts expense Debit $ 28,000
Allowance for uncollectible accounts Credit $ 28,000
