Answer:
2041 shares
Explanation:
Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571
maximum number of shares = $ 71428.571 / $ 35 = 2040.812 approx 2041 shares
31/12/2013 bad debts expense
800$
Provision
for bad debt expense 800$
Provision for bad debt 60$
Debter 60$
Provision for bad debt 75$
Debter 75$
Provision for bad debt 45$
Bad debt recovery income 45$
Provision for bad debt 100$
Debter 100$
Provision
for bad debt 25$
Bad
debt recovery income 25$
Answer:
The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.
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Answer:
This firm's <u>Shut down price</u>, That is, the price below which it is optimal for the firm to shut down is <u>$40</u>.
Explanation:
Shut down point is the point at which a firm or business is not able to gain any profit or benefit from the operations. Firm try to stay in the market until they reach the shut down point in business. It is a point where a business revenue just covers the variable expenses.
