Answer:
Cash was collected from customers during the year was $ 104,100
Explanation:
Sales revenue = $120,000
Bad debt expense = 2.5% of sales
Therefore, Bad debt expense = $120,000 x 2.5% = $3,000
Thus, allowance for uncollectible accounts should have increased by $3,000. But it increased by $2,100.
Therefore, uncollectible accounts receivable of $900 ($3,000 - $2,100) were written off during that year.
Cash collected from customers = Sales revenue - Increase in accounts receivable - Uncollectible accounts written off
= $120,000 - $15,000 - $900
= $104,100
Answer:
d. may not always fit the specific needs of the user.
Explanation:
Standardized marketing information is a secondary data which is collected for use but is already used by someone else. The main disadvantage of standardized marketing data is that is might not fit the specific needs of the user. The data collected does not satisfy the purpose of gathering information. This data can save time of the user but it will not meet the requirement for which it was collected.
Dimitry formats his memo so the four heading elements are positioned to the left of the page. This is an example of the design principle of alignment
<h3><u>
Explanation:</u></h3>
The principle called alignment in designing refers to the way the elements are arranged relative to each other and to the page. There are different kinds of alignments used such as edge alignment,center, horizontal, vertical alignment and mixed alignment.
In the example given, Dimitry is formatting the memo in which the heading elements are positioned to the left of the page. Hence the design principle used by Dimitry will be the principle of alignment. This helps in creating a balance of elements and helpful of readers.
Answer:
The contribution margin per unit is $100
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
= $160 - $60
= $100
hence, the contribution margin per unit is $100
We simply applied the above formula so that the correct value could come
And, the same is to be considered
C. Finacial is the answer.
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