Ask question

Ask question

All categories

Juliette [100K]

3 years ago

11

True or false: Under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worth

less.

1 answer:

larisa [96]3 years ago

5 0

<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>

You might be interested in

Would you rather be a juvenile prosecutor or defense attorney? Explain your decision.

balandron [24]

Answer:

<u>a defense attorney instead</u>

<u>Explanation:</u>

From a financial standpoint, a <u>defense attorney</u> would more likely make more money than a<u> juvenile prosecutor</u> because a defense attorney could charge up more for certain cases than been a juvenile prosecutor who wants to ensure someone is convicted.

Also, in terms of purpose, I do feel a defense lawyer could make more impact socially by defending his or her clients.

6 0

3 years ago

What is the vertical component

MrMuchimi

Answer:

4.33 I guess

Explanation:

F=Fysin

F=5×sin60

F=5×√3

2

F=4.33

5 0

3 years ago

In home replication strategy, knowledge flow is multidirectional, while in transnational strategy, it is one-way.

iVinArrow [24]

In home replication strategy, knowledge flow is multi directional, while in transnational strategy, it is one-way. This statement is False.

The companies offer standardized products and exploit the parent companies knowledge through the world. Their key strategic capability basically is to transfer the home countries innovations worldwide.

An example can be taken from the German automotive industry, which uses a home replication strategy when entering new markets.

The businesses provide uniform products and make use of the parent firms' knowledge globally. Their primary strategic capability essentially consists of exporting domestic ideas to other countries.

The German auto sector, which employs a home replication strategy when entering new markets, serves as an illustration.

Hence, option B is correct.

To learn more about Strategy here

brainly.com/question/14286438

#SPJ4

5 0

2 years ago

The most recent financial statements for Cardinal, Inc., are shown here: Income Statement Balance Sheet Sales $23,500 Assets $12

finlep [7]

Answer:

$20,370.5

Explanation:

Net Profit Margin = Net Profit / Sales= 5,168 / 23500 = 0.219915 = 21.99%

Dividend Payout Ratio = Dividends / Net profit = $1,560/$5,168 = 0.3018576 = 30.19%

Increase in Assets = Total Assets / Current Sales * Change in Sales

Increase in Assets = 121,000 /23,500 * (28,300-23,500)

Increase in Assets = 5.1489362 * 4800

Increase in Assets = $24714.89

Increase in Current Liabilities = Current Liabilities / Current Sales * Change in Sales = 0

Earnings Retained = Revised sales * Net profit margin * (1- dividend payout ratio)

Earnings Retained = $28,300 * 21.99% * (1 - 30.19%)

Earnings Retained = $28,300 * 0.2199 * 0.6981

Earnings Retained = $4344.39497

Earnings Retained = $4344.39

External Financing Needed = Increase in Assets - Increase in Current Liabilities - Earnings Retained

External Financing Needed = $24714.89 - $0 - $4344.39

External Financing Needed = $20,370.5

7 0

2 years ago

Institute Technologies is choosing new cost drivers for its accounting system. One driver is labor hours, the other is a combina

Eddi Din [679]

Answer:

d) $2,000,000 $990,000

Explanation:

The computation is shown below:

Unit variable cost pool is

= Budgeted cost ÷ Budgeted machine hours

= $1,600,000 ÷ 360,000

=$ 4.444 per machine hour

And,

Batch-level cost pool = Budgeted cost ÷ Budgeted number of setups

= $900,000 ÷ 3000

= $ 300 per setup

Now

Unit variable cost pool is

= Actual machine hours × Activity rate

= 450000 × 4.44

= $2,000,000

And, Batch-level cost pool is

= Actual number of setups × Activity rate

= 3300 × 300

=$990,000

3 0

3 years ago