Answer:
the current total contribution margin = 100 x 60% x ($80 - $20) = $3,600 per day
scenario 1: $10 discount
$3,600 = 100 x ?% x ($70 - $20)
$3,600 = $5,000 x ?%
$3,600 / $5,000 = ?%
occupancy rate = 72%
scenario 2: 10% discount
$3,600 = 100 x ?% x ($72 - $20)
$3,600 = $5,200 x ?%
$3,600 / $5,200 = ?%
occupancy rate = 69.23%
Diego is correct because the loan has to be paid in full by a specific date.
For question 3: I think it's True
For question 4: I think it's False.
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Answer:
The write off of the account should include a debit to the allowance for uncollectible accounts, and a credit for bad debt expense:
Account Debit Credit
Bad Debt Expense $10,000
Allowance for Uncollectible
Accounts $10,000
This is because under the aging method, when an account is actually written-off, it must be charged against the bad debt expense that was forecasted or anticipated earlier.
What do cosmetologists and barbers do? B) cut and style hair
Empathy means that you can communicate well with others. The answer is False.
What is a scientist who studies patterns of diseases called? B) epidemiologist
What does a pharmacist do? A) dispense medication
An MRI technician is a diagnostic professional. The answer is False.
These are the only ones that I could answer, SRRY......
