Answer:
Aging of accounts receivable method.
Explanation:
Accounts receivable are the payments owed to a business by its customers. Bad debt occurs when there is uncertainty that an account receivable will be recovered.
The accounts receivable aging method is used to classify debts based on on the length of time past due.
Classifications such as are based on length of time past due and when to time past due is too long it will be considered to be a loss.
Lengths of time used include: 1-30 days past due, 31-60 days past due, 61-90 days past due, 91-120 days past due, and greater than 120 days past due.
The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
<u>Answer:</u> Option C
<u>Explanation:</u>
The customers are categorized based on their time of adoption to a new product. Innovators are the first people to try the product they are few in the market. Early adopters based on the opinion of the people move to new products in the market. Early majority is a large group of people who move on with new products seeing that is the latest product and that the product which they use may become obsolete.
Laggards are the last group of people who adopt to new products. Laggards are traditional people who would like to go by old ways. Fred is a laggard who has low income and does not wished to switch to new digital technology.
Answer:
30000 units.
Explanation:
Given:
Parwin Corporation plans to sell 29,000 units during August.
We can assume it as Cost of good sold.
If the company has 11,000 units on hand at the start of the month. We can assume it as Beginning inventory
And plans to have 12,000 units on hand at the end of the month. We can assume it as Ending inventory.
Question asked:
How many units must be produced during the month ?
Solution:
We can determine unit must be produced (purchase) during the month by this formula:
Cost of good sold = Beginning inventory + Purchase - Ending inventory
29000 = 11000 + Purchase - 12000
29000 = - 1000 + Purchase
Adding both sides by 1000
30000 = Purchase
Therefore, as Parwin Corporation plans to sell 29,000 units during August, he must produced 30000 units during the month.
