A food worker vomits a few hours before he is scheduled to work, but he feels better in

Multiple Select Question Select all that apply Bad Debt Expense ______. (Check all that apply.) Multiple select question. should

Olegator [25]

Bad Debt Expense is a cost of extending credit to customers is based on actual events and does not require estimation is an estimate.

When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
Big Store stops paying its debts and fails to reimburse Company XYZ for goods valued at $100,000. Company labels the $100,000 as a bad debt because it has little faith that Big Store will ever make good on its obligations.
When a customer's repayment of previously granted credit is thought to be uncollectible and is therefore recorded as a charge off, a business incurs a bad debt expense.
Bad debt charges are categorized as operating costs and are typically listed under selling, general, and administrative costs on your company's income statement.

Thus this is the answer.

To learn more about Bad debt expense, refer:brainly.com/question/24871617

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4 0

2 years ago

After customer service representatives are trained, their phone calls are monitored to determine if the CSRs are applying the le

Grace [21]

Answer:

Behavior

Explanation:

The era has been changed most of the customer is shopping online and if they are found defective in the product, the customer always dials a customer care number by resolving their problem.

For example a customer buys a laptop online and after a few days, customers found hanging issues. Customers will dial a customer care number of that particular brand and get helped from them.

Why the customer is found helped? The simple reason that the executive who represents the brand learns lessons and get trained for behavior and the knowledge of that product from the company. The customer looks behavior of the executive and from this, the customer builds a relationship with a brand.

On the other hand, the calls are being monitored for quality and training purposes.

8 0

3 years ago

In its first year of operations Acme Corp. had income before tax of $400,000. Acme made income tax payments totaling $150,000 du

sasho [114]

Answer:

$10,000 (Credit balance)

Explanation:

Given that,

Income before tax = $400,000

Income tax payments during the year = $150,000

Income tax rate = 40 percent

Therefore,

The balance in income tax payable at the end of the year:

= Tax liability - Income tax paid

= ($400,000 × 40%) - $150,000

= $160,000 - $150,000

= $10,000 (Credit balance)

8 0

3 years ago

Suppose that the government of Ping's country hears of the working conditions and the country seizes the Quality Dragon plant wh

ella [17]

Answer: a. expropriation

Explanation:

Expropriation happens when privately owned property are forcefully taken by government for it to be used by the general public. It is an act of depriving people of their right to property, although expropriation is to the advantage of the general public. In most countries especially in the US expropriation occurs when there is a need to embark on certain infrastructural project such as airports, railroads, etc.

6 0

3 years ago

EA10.

antoniya [11.8K]

Answer:

The question is incomplete; the complete question is given below.

Selling Price per unit Variable cost per unit

Product $ $

Snowboards 20.00 170.00

Skis 400.00 225.00

Poles 50.00 20.00

Salvador's contribution margin is 46.2%

Explanation:

Contribution is the amount generated from the sales of a product to cover part of the total fixed cost.

Contribution is an important concept in decision making because it helps to determine the profitability of individual products where a set of products benefit from the same fixed cost. it helps in prioritizing the allocation of resources to different products based on their profitability .

Contribution per unit = Selling price per unit- variable cost per unit

Total contribution= Contribution per unit * units sold

Contribution margin ration: The proportion of sales realised as contribution is known as contribution margin ratio (CMR) . It represents the amount generated as contribution from every one dollar worth of sales. A 60% margin means that $60 is made as contribution from evry sales of $100, for example.

It is a calculated as follows:

Single-product scenario:

C.M.R= contribution per unit/ selling price per unit

Multiple-products scenario:

C.M.R= contribution from a mix / revenue from a mix

We shall use the multiple-products formula

Snowboard ski Poles Total

$ $ $

Selling price 320 400 50

variable cost (170) (225) (20)

Contribution per unit (SP-VC) 150 175 30

Cont from a mix (cont× unit) 1050 525 60

Revenue from a mix (SP× unit) 2240 1200 100

Contribution margin ratio= Cont. from a mix/ Rev from a mix

= (1050+525+60)/(2240+1200+100)

=(1635 / 3540) × 100

= 46.2 %

8 0

3 years ago