Answer:
The horizon date of Holt Enterprises is at the end of the second year.
Explanation:
The horizon date is when there is a constant growth or the growth rate becomes constant. The horizon date is the last year in the free cash flow when the growth rate is constant. It is also called forecast horizon or terminal date because it is at the end of the forecast. At the horizon date, the firm becomes stable and profitable.
The horizon date of Holt Enterprises is at the end of the second year.
This is actually false. The effect is quite the opposite, things are really slowed down but in return you get safety and security and unbiased procedures. That's why you need a lot of various paperwork for example when you get a driver's license, instead of they just deciding to give it to you. Bureaucracy prevents things like corruption and personal bias.
Answer:
a. total estimated uncollectible accounts is $21,190
b. to entry the adjustment, we have to debit bad debt expense and credit allowance for doubtful accounts in the amount of $14,690
Explanation:
a. to compute the estimated uncollectible accounts, we have to multiply the specific % to the accounts receivable plus the beginning balance;
•Accounts not due
$36,000 x 4% = $1,440
•Accounts 1 - 60 days past due
$21,000 x 25% = $5,250
•Accounts more than 60 days past due
$16,000 x 50% = $8,000
So the total uncollectible accounts would be; $6,500 + $1,440 + $5,250 + $8,000 = $21,190
b. to record the year-end adjustment of the uncollectible accounts, we have to debit bad debt expense and credit allowance for doubtful accounts in the amount of $14,690. This figure is the uncollectible amount we computed earlier based on the aging.
However, there are very successful tech leaders who never attended college, such Bill Gates and Mark Zuckerberg, who founded multibillion-dollar businesses.
<h3>What makes a good tech founder?</h3>
- The entrepreneurs who have the most sustained success with their startups will share a few traits in common. Vision, passion, the capacity to form effective teams, the capacity to maintain focus, the desire to ask for what is required, humility, and perseverance are among these qualities.
- The success of a new enterprise is predicted by startup experience, product knowledge, and industry capabilities.
Six Essentials for Every Great Startup Founder
- Seeing. Grit and Determination. Great founders need a vision for where they want to take their business. Starting and maintaining a business is frequently a very difficult journey.
- Coachability.
- The Ability to Recruit and Inspire. #6 An "Unfair" Advantage.
To learn more about good tech founder refer to:
brainly.com/question/23692147
#SPJ4
Answer:
Option (C) is correct.
Explanation:
Variable costs = $28
Allocated fixed costs = $17
Selling price = $84
Due to acceptance of M offer, S would be got excess contribution margin per unit. Because acceptance selling price ($34) is greater than the variable cost per unit ($28).
We don't have any information about the fixed cost due to acceptance. Therefore, we assumed that fixed cost is not increased.
Increased contribution margin per unit:
= Selling price - Variable cost
= $34 - $28
= $6
For 3,000 units, Increased contribution margin = 3,000 × $6
= $18,000
Therefore, net income is increased by $18,000 when the offer is accepted.
