Answer:
$5,230
Explanation:
Account receivable balance = $310,000
Credit balance in allowance for uncollectible accounts = $970
Given percentage = 2%
So by considering the above information, the bad debt expense is
= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts
= $310,000 × 2% - $970
= $6,200 - $970
= $5,230
Answer:
hmmmm i'd say true if not then false
Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.
<h3>What is Marketing mix?</h3>
These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.
Coca Cola follows a price discrimination strategy in its marketing mix means that they charge different prices for their products and its target market are young customers.
Read more about Marketing mix here brainly.com/question/859394
Answer:
Lloyd needs to increase his witholding tax to $1,560 this year in order to avoid the underpayment penalty .
Explanation:
As a rule, a citizen can maintain a strategic distance from an underpayment of punishment if their retention and evaluated assessment installment measure up to or surpass one of the two safe harbours
90% of current expense risk = 90% × $11,350
= $10,215
100% of past assessment risk = $15,900
Since his(Lloyd) retention is not equal to or exceed $10,215 or $15,900
Llyod should expand retaining or make payment this year in order to stay away from underpayment punishment
= $10,215 - $8,655
= $1,560
