Answer:
The correct option is D
Explanation:
Under the method of allowance, the uncollectible accounts receivable will be recorded in the same accounting period as the sale of an estimate of the bad debt expense. So, the collection of the account which was earlier written off, will not have any affect on the income in the period or year it is received or collected.
To find all accounts whose current due amounts are greater than $2,500.00 and whose account manager is manager 31, enter each criterion on the same row.
The best answer for this question, would be:
True
B<span>ecause entering each criterion helps track all of the accounts of the exact amount given.</span>
Answer:
In 2015, G-oogle went for an reorganization, the company have a new CEO which enabled the two co-founders to focus on new business opportunities.
a. Each business unit have its own CEO which makes a great influence.
b. G-oogle restructured its organization by adding management levels which helps in ease in day to day operation.
c. Narrow span of control is better for the managers to control its subordinates and is currently practiced at G-oogle.
d. Responsibility is delegated to each unit CEO who is responsible for his/her business unit.
Explanation:
In 2015, G-oogle went for an reorganization, the company have a new CEO which enabled the two co-founders to focus on new business opportunities.
a. Each business unit have its own CEO which makes a great influence.
b. G-oogle restructured its organization by adding management levels which helps in ease in day to day operation.
c. Narrow span of control is better for the managers to control its subordinates and is currently practiced at G-oogle.
d. Responsibility is delegated to each unit CEO who is responsible for his/her business unit.
Answer: $66.67
Explanation:
Lindor inc.'s $100 par value preferred stock pays a dividend fixed at 8% of par. to earn 12% on an investment in this stock, you need to purchase the shares at a per share price of ;
Given the following :
Par value of preferred stock = $100
Fixed Dividend rate = 8% of par
Expected return on investment (r) = 12%
Purchase price of this stock in other to earn 12% :
Per share price is given by:
(par value × Dividend rate) / expected return
($100 * 0.08) / 0.12
$8 / 0.12 = $66.6666
= $66.67