<span>a hypothetical closed economy in which households spend the eDollars</span>
Answer:
value of your total investment income 362.80
Explanation:
The computation of the value of your total investment income in two years is shown below
Value of Dividend after 2 years (200 × .20 × 1.07)42.80
Value of Liquidating Dividend (200 × 1.60) 320.00
value of your total investment income 362.80
Answer:
The adjustment to record the bad debt expense for the period will require a debit $3,654
Explanation:
There are two way to estimate uncollectible accounts: the percentage of sales method and the accounts receivable aging method.
The company uses the accounts receivable aging method to estimate the uncollectible accounts and estimated uncollectible of $4,979
Before adjustment, Allowance for Doubtful Accounts has a $1,325 credit balance.
Bad debt expense for the period = $4,979 - $1,325 = $3,654
Further strategies Woolworths may use to protect the environment includes, waste recycling, fishing and farming for sustainability.
<h3 /><h3>What is Woolworths?</h3>
This is an organization charged with maintaining the environment. They use different techniques and methods to reduce various impact of environmental pollution.
They help remove food waste, and also reducing plastic waste from the surface of the soil or ground. Waste can be recycled by Woolworths to reduce waste and make the environment more friendly. This can also serve as employment from many people and waste will be turn to wealth.
Therefore, further strategies Woolworths may use to protect the environment includes, waste recycling, fishing and farming for sustainability.
Learn more on Woolworth below
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Answer:
$12,000
Explanation:
total preferred dividends per year = 1,200 x $50 x 5% = $3,000
since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000
common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000
cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid