Answer:
44,980
Explanation:
20 % of $224,900 = (20/100) × $224,900 = $44,980
<span>SWOT tool for auditing an organization and its environment.First stage of planning and helps marketer focus on key issues.SWOT stands for Strengths, Weaknesses, Opportunities and Threats.we should aim to turn our weaknesses into strengths and our threats into opportunities.</span>
Answer:
C.Occurrence of a trade war
Explanation:
Strategic Trade Policy depicts policy adopted by certain countries to effect strategic interactions between firms in an international oligopoly. These include policy instruments (export subsidy, import tariff) by trying to shift profits from international to domestic firms.It is likely to develop their firms status in international markets & raise level of domestic welfare.
Many economists are skeptical about government's analytical capacity to determine optimal amount of intervention, as per theory application. If non optimal (over protection intervention) is used, it might lead to risk retaliation by other international firms & action reaction leads to occurrence of trade (commercial) war.
Based on the percentage of the receivables that go to the allowance account and the accounts receivable balance, the bad debt expense is $24,000.
<h3 /><h3>How can the bad debt expense be found?</h3>
This is found as:
= (Accounts receivable balance x Percentage of receivables ) + (Amount written off - Credit balance on allowance account)
Solving gives:
= (300,000 x 8%) + (25,000 - 21,000)
= 24,000 + 4,000
= $28,000
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Answer:
$10,800
Explanation:
Given that,
Total cash = $147,000
Notes payable = $84,700
Common stock = $51,500
Cash revenue earned = $27,000
Cash expenses paid = $15,500
Cash dividend paid = $2,100
Accounting equation is as follows:
Assets = Liabilities + Stockholder's equity
cash = Notes payable + common stock + Retained earnings
$147,000 = $84,700 + $51,500 + Retained earnings
Retained earnings = $147,000 - $84,700 - $51,500
= $10,800