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3 years ago

Two methods of estimating uncollectible receivables are? ________.

1 answer:

4 0

The answer is an aging-of-accounts-receivable method and the percent-of-sales method. More often than not, when a credit alteration is gone into the Allowance account, a relating charge sum is gone into Bad Debts Expense. The maturing technique happens by sorting an organization's records receivable as per the dates of these unpaid solicitations.

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Cultural and behavioural expectations of studying for a degree in business management

AlladinOne [14]

The Cultural and behavioural expectations of studying for a degree in business management is to be able to know the relationship and the culture with respect to behaviors of employees, managers and customers.

<h3>What is cultural behavior in business?</h3>

The cultural behavior in business helps to be familiar with the employees, managers and customers and the relationship between them as regards the culture of the business.

This help to know the team's behavior, as well as setting them up to to record success in workplace.

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1 year ago

At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b

Firlakuza [10]

Answer: $7,740

Explanation:

Given, At December 31, Accounts receivable = $238,000

Allowance for uncollectible accounts = 3% of (accounts receivable)

∴ Allowance for uncollectible accounts = 3% of ($238,000 )

=$(0.03 ×238,000) [3% = 0.03]

= $ (7140)

= $7,140

Allowance for uncollectible accounts (credit) before any adjustments= $600

The amount of the adjustment for uncollectible accounts = Allowance for uncollectible accounts + $600

= $7,140 + $600

= $7,740

Hence, The amount of the adjustment for uncollectible accounts would be: <u>$7,740.</u>

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3 years ago

The interest earned on policy dividends is

Mazyrski [523]

The amount in interest is specified in the policy and compounds annually

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3 years ago

Read 2 more answers

If real gdp is $200 billion, full employment gdp is $400 billion, and the marginal propensity to consume is 0.75, then congress

madreJ [45]

If real GDP is $200 billion, full employment GDP is $400 billion, and the marginal propensity to consume is 0.75, then Congress should-----

increase government purchases by spending by $50 billion.

What is marginal propensity?

In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.

Full employment:

is an economic situation in which all available labor resources are being used in the most efficient way possible. Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.

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1 year ago

Mackey believed that quality of life is a very important consideration, so much so that Whole Foods’ lobster tanks are kept at o

SpyIntel [72]

Answer:

The correct answer is letter "D": a CSR.

Explanation:

Corporate Social Responsibility (CSR) is the set of actions companies take that go beyond their regular operations to ensure consumers' satisfaction and benefit society as a whole. Taking care of their inner and outer environment is a clear example of CSR.

In particular, <em>because of the business Whole Foods is dedicated to, keeping their foods in proper conditions to facilitate the purchase of their consumers and avoid food contamination represents their CSR.</em>

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3 years ago