The amount of interest revenue that should be recorded for the year ended December 31, 2020 is $20 .
<h3>Interest revenue </h3>
Interest revenue represents how much interest a company earned during a specific time period. This is interest earnings on any investments the business has or debts it has provided to an individual or other entity.
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The company's Allowance for Doubtful Accounts has a starting debit balance of $45 dollars. They calculate that 1% of current accounts and 10% of accounts older than thirty days are uncollectible.
Doubtful Accounts
A doubtful account is one on which you are due payment but are unsure if your company will actually receive it. To put it another way, the debt is what you might have to write off and take a loss on.
Businesses have questionable accounts for a variety of reasons, including
Unsatisfactory Service: If a consumer is unhappy with the caliber of your goods, services, or supplies, they may complain and decide to postpone paying you until the problem is remedied.
Financial Crisis: A client may experience financial difficulty and file for bankruptcy or insolvency.
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Answer: A. choosing an appropriate mode for entering a particular foreign country
Explanation:
The options to the question are:
A. choosing an appropriate mode for entering a particular foreign country
B. developing a business strategy
C. marketing a product or service
D. adhering to labor and environmental standards
E. maintaining healthy relations with the U.S. government.
From the question, we are told that Sun-Jun is the executive general manager of a U.S.-based multinational corporation while Marisol is a manager in a similar position but works for an American company that operates only in the U.S. and does not engage in international business.
Since Marisol's company does not engage in international business, while Sun-Jun works in a multinational corporation, this means that the business function will be most typically exclusive to Sun-Jun will be choosing an appropriate mode for entering a particular foreign country.
Answer:
$198,000 and $0
Explanation:
The calculation is shown below:
The Cost of the land is
= Purchase price + Real estate commissions + Legal fees + Expenses of clearing the land + Expenses to remove old building
= $178,000 + $15,300 + $1,100 + $2,300 + $1,300
= $198,000
As the property is buy for the building site so here no cost will be recognized and allocated to the new building cost
hence, it would be zero
Answer:
B
Explanation:
Less competition equals hgiher prices.
