Answer: Option C - Assets are Overstated; No effects on liabilities: Equity is Overstated
Explanation:
When Bad debts are recorded, they will reduce the Accounts Receivable account because less money will be expected from debtors. Accounts Receivable is an asset account so it will be Overstated if bad debts are not recorded.
Equity will also be overstated because bad debts is an expense that is sent to the Income statement. If this expense is not deducted, the net income will be larger than it should be and when added to Equity it will overstate it.
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Total fixed expenses $832,500
Sale price per unit 40
Variable expenses per unit 25
If the company spends an additional $30,000 on advertising, sales volume would increase by 2,500 units.
Effect on income= 2,500*(40 - 25) - 30,000= $7,500
<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>
A typical situation where i provided high-quality customer service is when i generously provide best customer service in my former work.
<h3>What is a
high-quality customer service?</h3>
These quality service involves practices like valuing of customers' time, having a pleasant attitude and providing knowledgeable resource to the customers while offering them service.
Most time, when a high-quality customer service are offered, the customers my appreciated one's effort by tipping or praise them.
Read more about customer service
<em>brainly.com/question/4110146</em>
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Because marketing has a huge range. Generally, people regard it as just simple a place where people sell or purchase goods.
In my opinion, this kind of view will limit people's mind. I mean, people do not have a good awareness of what marketing is and what business is.
