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alexandr1967 [171]
3 years ago
15

Libre, Inc. has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of Accou

nts Receivable is $119,000 and the Allowance for Doubtful Accounts has an unadjusted credit balance of $1,450. Net credit sales during the year were $188,000. Using the percentage of credit sales method, what is the estimated Bad Debt Expense for the year
Business
1 answer:
Mama L [17]3 years ago
3 0

Answer:

The estimated bad debt expense for the year amounts to $9,400

Explanation:

The  estimated bad debt expense  for the year is computed as:

As the percentage of credit sales method is used for estimating the bad debt expense. Therefore, it is computed as:

Bad debt expense = Net Credit Sales × Estimate Percent

where

Net credit sales amounts to $188,000

Estimate percent is 5%

So, putting the values above:

Bad debt expense = $188,000 × 5%

Bad debt expense = $9,400

Therefore, the bad debt expense amounts to $9,400

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Employees whose values match the values of the organization they work for generally ________________ than employees whose values
Sholpan [36]

Answer:

Employees whose values match the values of the organization they work for generally SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.

Explanation:

Workplace values are the guiding principles that are most integral to the way a company works. Simply put, company's values, and the culture they create can spell the difference between success and failure.

The way people behave is deeply rooted in their values, when employees share their company's values, they make more informed decisions and are more committed to their jobs.

Sharing same values with the organization one works with increases the rate of productivity as one tends to be more motivated and dedicated to the job.

Therefore, the answer that best suits the question is that employees whose values match the values of the organization SHOW MORE COMMITMENT TO THEIR JOBS than employees whose values don't match the organization.

6 0
3 years ago
Briefly describe what is meant by the industrial market structure (IMS). Why is an understanding of the IMS so important for com
Nitella [24]

Answer is given below:

Explanation:

  • Industrial market structure is a systematic representation of different organization based on the level of competition for these products or services
  • the nature and nature of these products or services in the market.
  • Industry market is structured is important in a company's strategic management process for the following reasons
  1. Clearly assess business objectives
  2. Knowing how much competition there is in the market.
  3. Get details of your competitor's business development.
  4. Competing in the market
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3 years ago
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First answer is c and the second answer is a
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If a bank needs to acquire funds quickly to meet an unexpected deposit outflow, the bank could:_________
Charra [1.4K]

If a bank needs to acquire funds quickly to meet an unexpected deposit outflow, the bank could <u>borrow from another bank in the </u><u>federal fund</u><u> market</u>.

Deposit outflows are the losses of deposits while depositors make withdrawals or demand prices. A deposit is a financial term that means cash held at a financial institution. A deposit is a transaction concerning a transfer of cash to another celebration for safekeeping. but, a deposit can refer to a portion of the money used as safety or collateral for the transport of an amazing.

The federal funds market consists of domestic unsecured borrowings in U.S. greenbacks via depository establishments from different depository institutions and positive other entities, more often than not government-backed businesses.

The federal funds rate is one of the maximum vital interest quotes within the U.S. economy. this is because it influences economic and financial conditions, which in flip have a pertaining to important factors of the broader economic system consisting of employment, increase, and inflation.

Learn more about the federal funds rate here brainly.com/question/8431971

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7 0
2 years ago
The research and development team of BB Beverages has discovered that, during the testing process, one of their highly profitabl
jok3333 [9.3K]

Answer: Societal Marketing

Explanation:

Based on the information given in the question, we can deduce that BB Beverages embraces a societal marketing orientation.

Societal marketing orientation occurs when the marketing decisions that are made by companies benefutbthe society as a whole and that the satisfaction of their wants isn't at the detriment of the society.

This is shown when the activities of the company can being about a water shortage in areas surrounding the plant which led to the company stopping production.

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