Answer:
boycott.
Explanation:
Boycott -
It refers to the practice of intentionally not using or stop to using certain products of some specific company , country or person , is referred to as boycott .
The step is also considered to be the part of any protest against any social issue .
If the sme step is done on a national level , it is referred to as sanction .
Hence , from the given scenario of the question ,
The correct answer is boycott .
Answer:
b is it I seen this before
Answer:
The expected return on stock is 30%
Explanation:
Growth rate = Return on Equity * Retention ratio
Growth rate = Return on Equity * (1- Payout ratio)
Growth rate = 25% * (1 - 0.40)
Growth rate = 0.25 * 0.60
Growth rate = 0.15
Growth rate = 15%
Hence, Expected return = Dividend return + Growth rate
Expected return = 15% + 15%
Expected return = 30%
Therefore, the expected return on stock is 30%
Answer:
c) $758,300
Explanation:
Amount of Loan = $1,000,000
Interest rate = 9% per year = 9% / 4 = 2.25% per quarter = 0.025
Interest amount = $1,000,000 x 2.25% = $22,500
First Quarter payment = $264,200
Principal Payment = First Quarter payment - Interest paid
Principal Payment = $264,200 - $22,500
Principal Payment = $241,700
Amount Due on December 31 = $1,000,000 - $241,270 = $758,300
Answer:
The required adjusting entry to record estimated bad debts expense is as follows:
Debit Bad Debts Accounts with $39,960
Credit Allowance for Doubtful Accounts with $39,960
Being the adjustment to bring the Allowance for Doubtful Accounts up a new credit balance of $43,625.
Explanation:
The Allowance for Doubtful Accounts had a credit balance of $3,665. Since management had estimated that $43,625 of the Accounts Receivable balance would be uncollectible, this means that the difference $39,960 ($43,625 - $3,665) would be the adjusting amount to bring the balance up-to-date.
Remember that the Allowance for Doubtful Accounts is a contra account to the Accounts Receivable. It is used to reduce the balance of the Accounts Receivable based on collectibility judgement or estimate which management makes out of experience. The balance in this account is, therefore d,educted from the Accounts Receivable in the Balance Sheet in order to obtain the net Accounts Receivable balance.
The account that expenses the increase in this account is the Bad Debts Expense Account, which is taken to the Income Statement to reduce the income.
