Answer:
$2,500
Explanation:
Bad debt Expense will be calculated using the percentage of debt loss. The expense will be calculated using the account receivable balance.
Estimated allowance for doubtful accounts = Credit Sales x percentage = $300,000 x 1% = $3,000
Current Balance = $500 credit
As Allowance for Doubtful Accounts already have credit balance of $500, we need to adjust the remainder to make the closing balance of Allowance for Doubtful Accounts $3,000 at the year end.
Adjustment Value = $3,000 - $500 = $2,500
Question Completion with Options:
a. ignore convenience stores in its distribution network.
b. deliver fewer cameras than were needed during a holiday season.
c. miss the customer connection by emphasizing place over convenience.
d. exert too much power in the distribution network.
Answer:
GoPro
production problems forced it to
b. deliver fewer cameras than were needed during a holiday season.
Explanation:
Shortages are avoided by producers as much as possible in order not to cause disequilibrium in the market. Shortages are not the same as scarcity. They are temporary setbacks when the quantity demanded outstrips the quantity supplied at the equilibrium market price. The backlashes result in lost sales and revenue for suppliers. Shortages may clear ways for competitors to enter the market to meet the unsatisfied demand.
Answer:
The statement is: True.
Explanation:
Being a manager implies handling groups of people with diverse cultures, experiences, and personalities. To perform a proficient work, executives should have a well-defined method of working but be able to adapt it according to their subordinates and the situation the firm is facing. In some cases, their ego will have to be left behind to reach the company's goals.
What? I don’t understand sorry
Answer:
26.4%.
Explanation:
Net Profit:
= Saving of Labor & other Costs - Maintenance Cost of Machine - Depreciation On Machine (100,000/ 16 years)
= $40,000 - $10,000 - $6,250
= $23,750
Initial Investment:
= Cost of new Machine - Salvage value of old machine
= $100,000 - $10,000
= $90,000
Simple Rate of Return = Net Profit ÷ Initial Investments
= $23,750 ÷ $90,000
= 0.264 × 100
= 26.4%
