Answer:
The solution to this question can be defined as follows:
Explanation:
In the given question, it would make a good impact, because Olmsted incumbent on zloty expenses, and in this condition will be used to cover such all costs, that is much less in dollars unless the zloty becomes reduced. They can also reimburse that zloty loan with much less dollar unless the zloty starts going down.
Answer: New debt is preferable to new equity
Explanation: In simple words, pecking order theory refers to the corporate finance phenomenon which states that managers of a company finance their company on the basis of three sources and always prefers one over the other.
As per this theory the first preference for the manager is retained earnings, second option should be debt and the last resort should be equity. A manager following pecking order theory focuses on decreasing the risk of financing rather than the cost of capital.
According to Robert Merton, Anomie occurs when individuals feel social and psychological strain due to a lack of acceptable means for achieving success.
Explanation:
The American sociologist named Robert King Merton. He worked most of his profession at Columbia University where he graduated as a professor of the University.
Anomie is "the state that society gives persons no moral guidance" .
Conflicts between values and social linkages between an individual and the group will contribute to anomia.
Goals can become so relevant that illegal means can be used if the institutionalised means — that is to say, appropriate in compliance to social standards — collapsed. Stronger emphasis on results than means produces a tension that leads to a deterioration of the regulatory structure–that is to say, anomie.
Answer and Explanation:
The computation is shown below:
Amount Uncollectible is
= $128,500 × 6%
= $7,710
Now the bad debt is
= $7,710 - $905
= $7,105
The adjsuting entry would be
Bad Debt A/c Dr $7,105
To Allowance for Doubtful Debts $7,105
(being bad debt expense is recorded)
here bad debt expense is debited as it increased the expenses and credited the allowance as it decreased the assets. Also the expenses and assets contains normal debit balance
Answer:
b.All the information and data in the company.
Explanation:
A CFO is the Chief financial officer is an organization. He or she is responsible for the company's financial risks, management, and reporting. The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.
Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.
