Answer:
D. $12,400
Explanation:
Use the following formula to calculate the Bad debt expense for the period
Bad debt expesne = Debit balance of Allowance account + Allowance for the period
Where
Debit balance of Allowance account = $400
Allowance for the period = Account receivables x percentage of allowance = $1,200,000 x 1% = $12,000
Placing values in the formula
Bad debt expesne = $400 + $12,000
Bad debt expesne = $12,400
Answer:Chain of command and unity of command help to ensure clear reporting relationships exist and eliminate the confusion caused by multiple, conflicting directives
Answer:
Owners' liability is limited to the amount they invested in the firm. Stockholders are not are responsible for any encumbrances of the firm; in particular, they cannot can be required to pay back any debts incurred by the firm.
Explanation:
<em>The phase is the definition of the term limited liability.</em>
Limited Liability is the salient feature of a corporation. It protects the shareholders and properties in the event of a dissolution. The limited liability feature has given many investors confidence to invest in companies and corporations. The risk of the investor is restricted to the level of his or her investments in the company.
Should the company collapse, shareholder's properties are protected and cannot be used to settle any debts that the assets of the company cannot pay. As such, businesses can raise capital with ease from different categories of investors.
<span>Exporting. Exporting means sending goods or services produced in one country to another country. This is usually carried out with the intention of boosting revenue. Alice, in this instance, is referred to as an exporter; Exporting has a direct influence on a country's economy including but not limited to improving untapped markets, lower unit cost, minimising the effects of seasonal fluctuations in sales and many more.</span>
Answer:
The answer is below
Explanation:
For motor A, efficiency = 75%= 0.75 hence:
Total cost for motor A = operating cost + purchase cost = $34853 + $3200
Total cost for motor A = $38053
For motor B, efficiency = 85% = 0.85
Total cost for motor B = operating cost + purchase cost = $30753 + $5900
Total cost for motor B = $36653
Therefore motor B is more economical since it has a lesser total cost
