Answer: None of the above
Explanation:
The options include:
A. Land degradation and soil erosion
(B) Problem of overgrazing and ecological degradation
(C) Floods
(D) None of the above
Environmental degradation simply refers to the deterioration of the environment whcih occurs when there's depletion of the resources like soil, water and air, pollution and the the destruction of habitats and ecosystems.
It should be noted that environmental degradation consist of land degradation and soil erosion, problem of overgrazing and ecological degradation, floods etc.
Therefore, the correct option is None of the above.
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Answer: $367500
Explanation:
The correct amount of inventory that Oriole should report is calculated below:
Worth of inventory per physical verification = $320300
Add: Cost of goods that are consigned to Herschel Corporation = $47200
Therefore, the amount of inventory that Oriole should report will be the addition of the inventory worth and the cost of goods consigned to Herschel:
= $320300 + $47200
= $367500
Answer:
The correct answer is $32,460.
Explanation:
According to the scenario, the computation of the given data are as follows:
Total uncollectible amount on 12/31/20 = $730,000 × 7%
= $51,100
So, now we can calculate the total bad debt expense by using following formula:
Bad debt expense = Total uncollectible - Allowance for doubtful Acc. + Amount wrote off
By putting the value, we get
Bad debt expense = $51,100 - $34,500 + ( $21,600 - $5,740)
= $51,100 - $34,500 + $15,860
= $32,460