<span>d. all of the above are correct.</span>
Answer:
A. Debit Bad Debt Expense 13780
Credit Accounts Receivable Wil Treadwell 13780
B. Debit Allowance for Doubtful Accounts 13780
Credit Accounts Receivable Wil Treadwell 13780
Explanation:
Answer:
Expected rate of return is 27.8%
Explanation:
The Price of the stock is the present value using the expected rate of return of all the cash flows associated with the stock.
Use the following formula to calculate the expected rate of return
Expected rate of return = [ ( P1 - P0 ) + DPS1 ] / P0
Expected rate of return = [ ( $11 - $9 ) + $0.5 ] / $9
Expected rate of return = 0.278
Expected rate of return = 27.8%
Answer:
Option (c) $200
Explanation:
Data provided in the question:
Cost of the microwave = $200
Cost of repairs in the kitchen = $2,000
Now,
The damage caused in the kitchen is due to the malfunctioning of the microwave.
But the disclaimer on the microwave’s label already mentioned that the manufacturer is not liable for consequential damages.
here,
The damage in the kitchen is consequential damage to microwaves.
Hence,
the manufacturer of the oven will only give $200
Option (c) $200
Hi, the correct answer is true. Hope I helped.
