Answer:
$5,400
Explanation:
The amount that should be debited to bad debt expense is shown below:
= Net credit sales × uncollectible percentage
= $900,000 × 0.6%
= $5,400
We simply multiplied the net credit sales with the uncollectible percentage so that the bad debt expense should be computed and the same is to be considered
hence, the bad debt expense is $5,400
Answer:
They recognize the lifetime value of customers.
"Periodic inspection relates to weekly or monthly inspections; 100% inspection applies to tasks that are critical to mission safety; contractor metrics rely on the contractor’s quality control; third party audits are used to inspect services that handle government funds; and customer feedback is related to random customer complaints" is correct
Explanation:
While regular inspections can be subjected to weekly or monthly schedules, the project protection is not a concern, and 100% inspection is therefore carried out.
With regards to the indicators of the contractor, the dependence on the quality assurance of the contractor is beneficial, as in the context of adequate oversight, although government funding is vital of itself, third-party accountants are involved to prevent some bias and a representative sample of customer complaints is necessary in the case of the customer's input to examine the performance widely
Answer:
the after tax rate of return = yield x ( 1 - tax rate)
- AT&T bonds after tax rate of return = 9.75% x ( 1 - 40%) = 9.75% x 60% = 5.85%
- State of Florida municipal bonds after tax rate of return = 5% (no tax rate)
- AT&T preferred stock after tax rate of return = 8.25% x [1 - (40% x 30%)] = 8.25% x (1 - 12%) = 8.25% x 88% = 7.26%
Answer:
The information on the bank statement reflects the bank's records of the depositor's account.
Explanation:
The monthly bank statement is the bank statement that issue the statement on monthly basis by the bank which reflects the depositor banking records i.e. collection and payment during the month.
So according to the given option, the last option is correct
Hence, the same would be relevant
And, the rest of the options are wrong