Answer:
$1,583
Explanation:
Accounts receivables as at 31/12/2021 = $236,000
A/R as at 31/12/2022 :
= Accounts receivables as at 31/12/2021 + increase in AR
= $236,000 + $22,300
= $258,300
Uncollectible accounts = 1% of accounts receivables
= 1% × $258,300
= $2,583
Allowance 31/12/2021 = $8,400
Writes off = $7,400
Therefore,
Allowance = Allowance 31/12/2021 - writes ofd
= $8,400 - $7,400
= $1,000
Hence,
Bad debt expense for 2021 = Uncollectible accounts - Allowance
= $2,583 - $1,000
= $1,583
<h2>teenagers is much higher than of adults</h2>
Explanation:
Women greatly exceeds that of men: In common, it is not mandatory that women should be working. It is an additional to work as a woman. So this cannot be taken into account.
Whites is roughly equal to that of African Americans: This choice cannot be considered for unemployment rate.
Managerial and professional workers exceeds that of construction and extraction workers: This sentence speaks about the role of a person. The roles are designated based on the need and the skill of the person. There is no connection between unemployment rate.
Teenagers is much higher than that of adults: During the teenage, an youngster will try to complete his degree and start searching for job. So the number of youngster who comes out of college will be huge when compared to the unemployed individual who will be few in number.
Answer:
A) 10.15%
Explanation:
Cost of equity (Re) = 14.06% or 0.1406
cost of preferred stock (Rp) = 7/65 = 0.10769
cost of bonds (Rb) = 7.5% or 0.075
outstanding shares = 2.5 million shares x $42 = $105 million
bonds outstanding = $1,000 x 80,000 bonds = $80 million
preferred stock = $65 x 750,000 = $48.75 million
corporate tax rate = 38% or 0.38
total market value of equity + debt (in millions) = $105 + $48.75 + $80 = $233.75
WACC = [(outstanding shares / total market value) x Re] + [(preferred stock / total market value) x Rp] + {[(bonds outstanding / total market value) x Rb] x (1 - tax rate)}
WACC = [($105m / $233.75m) x 0.1406] + [($48.75m / $233.75m) x 0.10769] + {[($80m / $233.75m) x 0.075] x (1 - 0.38)}
WACC = 0.06316 + 0.02246 + 0.01591 = 0.10153 or 10.15%
Answer:
The statement is: True.
Explanation:
Fruit thinning is the process by which farmers remove some of the fruits growing on a tree so that the remaining can grow bigger and better. This practice is usually performed during the spring and it is useful to prevent limbs to break due to excessive weight.
The fact that the job recruiter asked Jennifer, who applied for a job, to make five different types of beverages and wait tables for an hour means that the recruiter conducted a work sample test. The work sample test is a method for personnel selection that <span>involve a sample of the work that you will be expected to do.In this case: making different types of beverages is work of a waitress.</span>