Answer:
$4,140
Explanation:
Given the above information, we will compute the bad debt expense as;
Bad debt expense
= (Cash sales × 4% of accounts receivables) - Credit balance in allowance for doubtful accounts
= ($161,000 × 4%) - Credit balance in allowance for doubtful accounts
= $6,440 - $2,300
= $4,140
Therefore, the bad debt expense is $4,140
I’m confident it’s 4 because a press conference can help marketing teams gather information on how to best globally sell a product/service. I’d be the best move for a product in this situation.
Answer:
Option C: substitution effect will tend to reduce the demand for labor
Explanation:
Capital is simply anything man made that is used in the production of goods and service. It is that which is used by man to start any business venture or produce goods and services e.g. money(currency),machinery, buildings, stock etc. Labor is mans effort put into work.
Since capital is readily substitutable for labor and when the price of capital falls. We can say that the substitution effect will tend to reduce the demand for labor. If also capital and labor are used in rigidly fixed proportions and the price of capital falls, it can be concluded the substitution and output effects will work.
Answer:
d.$74,000
Explanation:
The annual average investment is given by the average of the initial investment (144,000) and the scrap value (salvage value = 4,000)
The average investment amount is:
The annual average investment amount used to calculate the accounting rate of return is: d.$74,000
Answer:D. financial capital markets.
Explanation:Imperfect Information is a term used in Economics to describe a situation where the two or more parties in a business contract have varying levels of Information about the said contract,one party may have more information about the Contract than the other party or parties.
Reassurance is the process of removing the doubts of a person as to a given action or contract, it is essential to reassure investors in the case of market crisis by Organisations and Government.
