Answer:
$4,800
Explanation:
Data provided as per the question
Uncollectible receivables = $5,800
Allowance for Doubtful Accounts = $1,000
The computation of Bad Debt Expense is shown below:-
Estimated Uncollectible receivables - Allowance for doubtful accounts as per aging analysis
= $5,800 - $1,000
= $4,800
Therefore we assume credit balance for accounts for doubtful allowance.
<span>High paid workers are reluctant to shrink because the unemployment rate is very high so if you leave your position you may not find another that is equally as good or better. That is why high paid workers do not shrink.</span>
Answer: See Explanation
Explanation:
The work done for each day is written below:
Thursday night = 24%
Friday night = 26%
Saturday night = 34%
Wednesday night = 100% - (24% + 26% + 34%) = 100% - 84% = 16%
Let's assume that sales in a week is represented by x. Therefore average sales in week if x = 1 will be 1/4 = 0.25.
Seasonal relative will be:
= Sales in a day /Average sales in a week
Wednesday = 16% / 0.25 = 0.16 / 0.25 = 0.64
Thursday = 24% / 0.25 = 0.96
Friday = 26% / 0.25 = 1.04
Saturday = 34% / .25 = 1.36
Answer:
A) Supply
B) Demand
C) Neither side
D) Supply
E) Demand
Explanation:
Determine whether the situation described is part of the supply, demand, or neither side in the foreign exchange market for GBP.
a. John and Adam are British economists who are going to Washington, D.C. for an economics conference. In the foreign exchange market for GBP, John and Adam are part of Supply because they are going to sell GBP in exchange for attending the conference.
b. An American pharmaceutical firm buys a smaller competitor based in London. In the foreign exchange market for GBP, the American pharmaceutical firm is part of Demand because the company is bringing a foreign currency to purchase an asset in London.
c. Louise, who lives in France, is going on a vacation to Germany. In the foreign exchange market for GBP, Louise is part of neither side because their activity has nothing to do with GBP.
d. Kamran, who moved to Great Britain from India to work as an engineer, sends some of his paycheck each month to his parents in India. In the foreign exchange market for GBP, Kamran is part of Supply because he sells off GBP at the point of exchanging to Rupee.
e. An economics class from the United States is traveling to Great Britain as part of a study-away program. In the foreign exchange market for GBP, these students are part of Demand because he will pay in exchange for British educational services.