This action could have been caused by writing off an uncollectible account.
A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.
If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.
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Pluralistic ignorance effect is a practice in which no ones believes but everyone thinks they believes. This is very particular to a business administration environment. I'll give you an example,
You are the kind of person that wants cleanliness and you notice that your friend is so messy, supposed to be you will tell her about her messiness but you noticed that no one cares about her, thus you stopped yourself from speaking,
Answer:
6%
Explanation:
Data provided as per question is as given below:-
Redeemed amount = $1,000
Sale value of Bond = $687.25
Number of year = 5
The computation of interest rate is as shown below:-
Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1
= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1
= (1.338) ^ (0.2) - 1
= 0.06
= 6%
A.limited supply hope that helps
This question is to complex. In Order for this to be answerable you would need to put it into chunks