False. Mentors who've been in a business for a long time are just as good if not better sometimes than paid consultants.
Answer:
1. $67,500
2. $69,500
3. $69,500
Explanation:
1. The computation of bad debt expense is shown below:-
Bad debt expense = Credit sales × Debt percentage
= $4,500,000 × 1.5%
= $67,500
2. The computation of receivable written off is shown below:-
receivable written off = Allowance Beginning balance + bad debt expense - Allowance ending balance
= $42,000 + $67,500 - $40,000
= $69,500
3. The computation of bad debt expense be for 2013 is shown below:-
= receivable written off
= $69,500
Answer:
The correct answer is the option A: make your recommendation or action announcement after you discuss the pros, cons, and costs.
Explanation:
To begin with, if the employee is looking forward to establish a well delivered recommendation then he must start given the pros of the person that is being recommended, later the cons and finally the costs due to the fact that if the pros are not good enough in comparison with the cons then the costs will not matter and even if the pros are higher enough then the second important thing to see will be the costs. Therefore that the better advice to receive would be to how organize the info inside the paperwork and that is first discussing the pros, cons and costs and later make the recommendation.
The break even level of sales is <span>$1400</span> +$13*n
Answer:
The EOQ is 353 units
Explanation:
The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.
The formula for EOQ is,
EOQ = √(2*D*O) / H
Where,
- D is the annual demand in units
- O is the ordering cost per order
- H is the holding cost per unit per annum
The annual demand of oil filters by Sam is,
Annual demand = 52 * 150 = 7800 filters
The EOQ for Sam Auto Shop is,
EOQ = √(2*7800*16) / 2
EOQ = 353.27 Units rounded off to 353 units
