Answer: (D) Market control system
Explanation:
The market control system is the process of managing all distribution of the products and the services in an organization. The main responsibility of the market control system is that it manages all the marketing department and also helps in rectifying the mistakes in the system.
There are basically four types of market control system are as follows:
- Annual plan control
- Effectiveness and the efficiency control system
- Strategic control
- Profitability control
According to the given question, the Western mountain heath association is one of the control system that uses the concept of market control system for evaluating all the process in an organization such as transportation, pricing and the demand.
Therefore, Option (D) is correct.
Answer:
Bad debt expense for 2016 should be: c. $8,520
Explanation:
As of December 31, 2016, Amy Jo's Appliances had accounts receivable of $313,000 and the allowance for uncollectible accounts should be 3% of accounts receivable
Bad debts are estimated: 3% x $313,000 = $9,390
Amy Jo's Appliances had $870 in the allowance for uncollectible accounts
Bad debts expense = $9,390 - $870 = $8,520
The entry will be made:
Debit Bad debts expense $8,520
Credit Allowance for uncollectible accounts $8,520
Answer:
You forgot to add the screen shot!
Explanation:
Hope this helps!
Answer:
0.6
Explanation:
Correlation r = 0.9,
Standard deviation of monthly change in price of commodity A, σA = 2,
Standard deviation of monthly change in price of commodity B, σB = 3
The hedge ratio will be calculated using the formula
Hedge ratio=r×σA÷σB
Hedge ratio=0.9×2÷3
Hedge ratio = 0.6
Therefore, the hedge ratio used when hedging a one month exposure to the price of commodity A is 0.6.