This is an example of racisim/ predjudice/colorisim or discriminatiom
Answer:
Adjusting entry the company made to record its estimated bad debts expense:
Bad Debts Expense 29,300
Allowance for Doubtful Accounts 29,300
Explanation:
The company uses the aging of receivable method to estimate uncollectible.
Estimated uncollectible would be $28,500
Before year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $800
Bad debts expense = $28,500 + $800 = $29,300
Adjusting entry the company made to record its estimated bad debts expense:
Bad Debts Expense 29,300
Allowance for Doubtful Accounts 29,300
Answer:
We have to find Western Country Corporation's net income, and cash balance at the end of 2018.
The answers are:
Net Income = $200 million
Ending cash balance = $100 million
Explanation:
Net income is equal to sales revenue - cost of goods sold - other expenses
Net Income = $850 million - $255 million - 425 million
= $200 million
Ending cash balance is equal to beginning cash + cash receipts (inflows) - cash payments (outflows)
Ending cash balance = $85 million + $710 million - $400 million - $285 million
= $110 million
Answer: Advertising seeks to appeal to a mass audience with a uniform message.
Explanation: Advertising involves creating awareness about a product or service to the public through the various channels of communication.
Advertising aims at getting across a message of a product to its target customers via the various channels of communication such as: social media, T.V, radio etc.
Answer:
The answer about A static budget would be
Explanation:
A static budget is a type of budget that incorporates anticipated values on inputs and products that are conceived before the period in question begins. When compared to the actual results that are received after the fact, the static budget figures are often very different from the actual results.
The static budget is intended to be fixed and unchanged throughout the period, regardless of fluctuations that may affect the results.
For example, under a static budget a company would establish an anticipated expense, say $ 30,000 for a marketing campaign, for the duration of the period. It is then up to the managers to adhere to that budget, regardless of how the cost of generating that campaign really stays during the period.
This type of budgeting is limited by the ability of an organization to accurately forecast what its needs are, how much it will spend to meet them and what its operating income will be during the period. Static budgets can be more effective for organizations that have highly predictable sales and costs, and for shorter periods of time.
For example, if a company sees the same costs in materials, profits, labor, advertising and production month after month to maintain its operations and there is no expectation of change, a static budget may be adequate for its needs.
