Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA
A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.
A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.
A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.
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Answer:
c. the analysis of receivables method.
Explanation:
In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of the adjustment when applying the analysis of receivables method.
The uncollectible account for receivables includes loans, credit sales or other debts that the business isn't expecting payment for and they are recorded as bad debt expense on the balance sheet.
The allowance for doubtful account method is used to account for the bad debt expense, and recorded before the bad debt occurs.
Basically, there are two (2) main methods of determining uncollectible accounts for receivables under the allowance method, these are;
1. The analysis of receivables method.
2. The percentage of sales method.
In this scenario, we are more concerned with this;
The analysis of receivables method is used to determine uncollectible account for receivables based on the age of respective accounts receivable.
<span>Gavina places products in several of the marketing channel categories. Two examples of this are placement in mcdonald's in a time utility category and placement in costco in the place utility category.
McDonald's falls under the time utility category because they streamline their services by making the ordering process to leaving with food as fast as possible. Those people wanting to save time and/or get the most value for their time often pick a fast food chain.
Cosco is an ample of place utility because they group together large quantities of </span>items that many consumers want into one place. By doing this, they allow the buyer more options in one place making items more easily accessible.
Answer:
Option (D) is correct.
Explanation:
Given that,
During a year,
Firm's gross investment = $2,000
Firm's net investment = $1,600
Firm's depreciation = ?
Therefore,
Gross investment = Net investment + Depreciation
$2,000 = $1,600 + Depreciation
$2,000 - $1,600 = Depreciation
$400 = Depreciation
Hence, the firm's depreciation is $400.