C. Or at least that seems to be the most likely. There are only two similar possible answers which is normally a clue that one of them is wrong and you should be choosing based off how it will benefit you not how it is easier on you.
Hope this helps!
Answer:
$395,000
Explanation:
Bad Debt expense:
= 1.5% of sales will be uncollectible
= 1.5% × $1,000,000
= 0.015 × $1,000,000
= $15,000
Allowance for Doubtful accounts:
= Bad Debt expense - accounts receivable written off
= $15,000 - $10,000
= $5,000
Net realizable value:
= Accounts receivable - Allowance for Doubtful accounts
= $400,000 - $5,000
= $395,000
I think it’s a loss of $1,000. To be honest I don’t believe the Math adds up to be any of the answers.
Answer:
The initial outlay of this project is $270,000
Explanation:
According to the given data we have the following:
cost of new machine= $200,000
shipping cost=$5,000
installation cost=$15,000
working capital=$50,000
Therefore, in order to calculate the initial outlay of this project we would have to make the following calculation:
initial outlay of this project=cost of new machine+shipping cost+installation cost+working capital
initial outlay of this project= $200,000+$5,000+$15,000+$50,000
initial outlay of this project= $270,000
Considering the situation described in the question, if the allegations were accurate, the rating error the staff identified is known as the "Similarity Bias" error.
- This is because the Similarity Bias is a type of rating error where the rater rates a person or candidate higher than he deserves because they shared or have some similarities like having played for the same football team or attended the same school.
- There are other types of rating bias that do not apply to this situation.
- These include Halo bias and Leniency bias.
Hence in this case the correct answer is "Similarity Bias"
Learn more here: brainly.com/question/14467377
line for the net amount.