Answer:
option d) debit to Bad Debt Expense for $7,200
Explanation:
Data provided :
Total estimated uncollectible receivables of the company = $ 7,900
credit balance for the allowance for doubtful accounts = $ 700
Therefore,
the net bad debt expenses of the company = $ 7,900 - $ 700 = $ 7,200
Hence,
the<u> correct answer is </u><u>option d) debit to Bad Debt Expense for $7,200</u>
Answer:
Explanation:
Average arrival rate, λ = 5 people in 15 minutes = 20 people in 60 minutes = 20 per hour
Average service rate, μ = 1 in 7 minutes = (60/7) per hour
The minimum number of servers required for a stable queuing system = λ / μ = 20 / (60/7) = 7/3 = 2.333
So, the minimum number of hosts that could be hired = 3 hosts
Answer:
$800,000
Explanation:
The total amount received by Ms. Jones (A) is given by the following expression:
Where 'I' is Ms. Jones initial investment, 'D' are cash distributions previously received and 'S' is the cash flow from sales.
The amount received by Ms. Jones is:
She would receive $800,000.
Answer:
producers of the bags of popcorn because they will sell more to the movie theater
Consumer self-defense strategies include seeking resolution.
<u>Explanation:</u>
Consumers are the final users of a product or a service. When the products or services does not satisfy a consumer he or she is eligible to file a complaint against that. But, doing this can be a costly one and also consumes lot of time. So, the decision of going to court is done only when there is a serious issue. The consumer can file a lawsuit and go to court.
A consumer must be able to take actions legally when it is in need. It is the last weapon when all the other things fails. The consumers self defensing ideas and strategies includes seeking resolution. It will be very useful to mark your interest about a particular solution that your are interested in.
