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3 years ago

When a company uses the allowance method to measure bad debts, ________.

1 answer:

6 0

<span>When a company uses the allowance method to measure bad debts, </span><span>the amount of bad debts expense is estimated at the end of the accounting period.

The allowance method is used when adjusting accounts receivable on the balance sheet. This refers to amounts that have not been collected yet, such as bad debt.
</span>

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If we are told specifically to pay attention to a particular element of a decision or event, we are likely to miss all of the su

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Answer:

a. inattentional blindness

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The inattentional blindness is a phenomena in which an individual fails to notice the surrounding details which are clearly visible to the individual that may unexpected or unnecessary for the individual as the individual has his attention on some another thing which can be an event or the task or some object.

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3 years ago

A management consulting team needs a team of four to analyze the operations of a new client. The team should comprise an account

exis [7]

Answer:

720

Explanation:

Given:

The management consulting team should comprise an accountant, a production specialist, a finance specialist, and a management specialist. On its staff, the consulting firm has available six accountants, five production specialists, three finance specialists, and eight management specialists

To find:

Number of different teams that could be formed from the available individuals

Solution:

Use combination to find number of ways to select y objects from x objects when the order in the selection process doesn't matter.

Number of ways to select an accountant, a production specialist, a finance specialist, and a management specialist from six accountants, five production specialists, three finance specialists, and eight management specialists = $6_C_1 5_C_1 3_C_1 8_C_1\\=6(5)(3)(8)\\=720$

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3 years ago

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Answer: The answer is Yes. This is because you have a choice to accept or decline.

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3 years ago

Which of the following four companies will have the lowest carrying value on their bonds if they decide to redeem their bonds be

Dennis_Churaev [7]

Answer:

C) Company 1 sold their bonds at 94 and redeemed them at 106.

Explanation:

The face value of bond issued in 4 companies are same, then it's clearly that the company 1 will have the lowest carrying value on their bonds because they sold at lowest price but buy back (redeem) at highest prices.

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3 years ago

Gertrude takes out a $5,500 subsidized Stafford loan, which must be paid back in ten years. Gertrude will graduate four years af

Sergio [31]

$2,095.30 interest will she pay by the time the loan is repaid

Solution:

The $5,500 guaranteed Stafford loan is taken from Gertrude.

The loan has a monthly compounding interest rate of 6.8 percent.

Price current= $5,500.

Present Value = $5,500

Time period = 10 years

So , N = 10 x 12 = 120 months.

Interest rate, R = 6.8/1200 = 0.005666667

PV = Pmt * [1 - (1+R)^(-N)]/(R)

5500 = Pmt * [1 - (1+0.005666667)^(-120)]/(0.005666667)

Pmt = $63.29418157

She got full refund. = 63.29418157 x 120 = $7,595.30

Interest paid = Total repayment - Loan Principal

= $7,595.30 - $5,500

= $2,095.30

7 0

3 years ago

When a company uses the allowance method to measure bad​ debts, ________.

When a company uses the allowance method to measure bad debts, ________.