As a vice president of a financial services company, you serve many clients, and they sometimes ask your company to contribute to their favorite charities. You recently received a letter from Elliana Larios asking for a substantial contribution to the National Court Appointed Special Advocate (CASA) Association. On visits to your office, she has told you about its programs to recruit, train, and support volunteers in their work with abused children. She herself is active in your town as a CASA volunteer, helping neglected children find safe, permanent homes. She told you that children with CASA volunteers are more likely to be adopted and are less likely to reenter the child welfare system.
You have a soft spot in your heart for children and especially for those who are mistreated. You sincerely want to support CASA and its good work. But times are tough, and you can't be as generous as you have been in the past. Ms. Larios wrote a special letter to you asking you to become a Key contributor, with a pledge of $2,000
Your Task Write a refusal letter that maintains good relations with your client. Address it to Ms. Elliana Larios, 8569 East 39th Street, Phoenix, AZ 85730.
Answer:
6.000$ I think the answer is , I 'm not sure
Answer:
$5,400
Explanation:
The amount that should be debited to bad debt expense is shown below:
= Net credit sales × uncollectible percentage
= $900,000 × 0.6%
= $5,400
We simply multiplied the net credit sales with the uncollectible percentage so that the bad debt expense should be computed and the same is to be considered
hence, the bad debt expense is $5,400
Answer:
See below
Explanation:
<u>Common stock</u>
The equity holders have a right to vote on corporate policy. In the case of liquidation, common stockholders are last in line in the distribution of the company's assets.
<u> Preferred stock </u>
The equity holders are paid dividends at regular intervals. Preferred stockholders have a priority in dividends payments over common shares but have no voting rights.
<u>Retained earnings</u>
The profit is used in the business. Retained earnings are profits that a company's management opts to distribute to shareholders as dividends.
<u>Senior debt</u>
The lenders are always paid within a predetermined time. Senior debts are low risk as they are given priority over other debts in repayment.
<u>Subordinate debt</u>
The debt carries more risk and is not the first in line to be paid. In the event of liquidation, subordinate debts are considered last in order of payment.
Answer: 10
Explanation:
From the queen, we are informed that from 7 people comprising of 5 men and 2 women , 4 people are to be selected.
To calculate the frequency of 2 women we can. get goes thus:
= 5C2 2C2
= 5! / (5-2)!2!
= 5! /3!2!
= 5 × 4 × 3 × 2 / 3 × 2 × 2
= 10
Therefore, the frequency of 2 women is 10