Answer:
See explanation
Explanation:
The impact of the near failure of Bear Stearns resulted in financial crisis which shook global economy. This financial crisis almost brougt recession to Nations. Lehman Brothers on the other hand, crashed the stock market which caused problems on the S$P index.
The Treasury Department pumped more money into the economy in attempt to help Bear and Stearns but the two banks still failed leading to loss of money.
The failure of Lehman Brothers is termed the largest Bankruptcy in the history of U.S. The bankruptcy affected financial markets greatly.
Money Markets can be defined as the market that provides short term funds to the players. it is not regulated like the capital markets but it is also a component of the economy.
Answer:
concept map
Explanation:
Concept map -
It refers to the method of mapping , which enables to deal with the various people , languages etc . , is referred to as concept map .
It is one of the method to adapt in the business in order to plan and plot for the upcoming projects or assignments .
The method makes all the task very easy and precise .
Hence , from the given information of the question ,
The correct answer is concept map .
False!
Prehistoric sites are sites that existed and were inhabited before written language was invented. Anything farther back than the Minoans is considered prehistoric :)
<span>The business cycle is the natural rise and fall of economic growth that occurs over time. The cycle is a useful tool for analyzing the economy. It can also help you make better financial decisions. </span>
Answer:
Estimated Allowance for Uncollectible Accounts $ 17950.
Explanation:
Pearl E. White Orthodontist
Schedule of Accounts Receivable by Age
December 31, 2021
Age Group Amount Estimated Uncollectible
Receivable Percent
Not yet due $ 40,000 4% 1600
0-90 days past due 16,000 20% 3200
91-180 days past due 11,000 25% 2750
More than 180 days past due 13,000 80% 10400
Total $ 80,000 17950
Estimated Allowance for Uncollectible Accounts $ 17950.
The above schedule shows the accounts receivable assigned to one of the four classes based on its days past due . The amounts of each class are multiplied by the estimated percent of the uncollectibles accounts. The total amount in the Uncollectible is the estimated balance for the Allowance for Uncollectible Accounts $ 17950.
