Answer:
Net Accounts Receivable $363300
When the allowance for uncollectibles is maintained the allowance for uncollectibles method is used in which allowance for uncollectibles is deducted from the accounts receivables.
Explanation:
If the method of allowance for uncollectibles is used the amount of allowance for uncollectibles is deducted from the accounts receivables.
Bonita Industries
Accounts Receivable $397000
Less Allowance For Uncollectible $33700
Net Accounts Receivable $363300
IF the direct write off method is used the bad debts are directly deducted from the accounts receivable.
Bonita Industries
Accounts Receivable $397000
Less Uncollectibles $33300
Net Accounts Receivable $363700
Answer:
C) Jean's department has developed a subculture
Explanation:
Based on the information provided within the question it can be said that Jean's department has developed a subculture. This refers to a culture within a larger culture. Which seems to be the case since the company itself focuses solely on low risk taking and high attention to detail. While Jean's department focuses mainly on high team orientation including working together and socializing through various activities.
When one keeps paying only the minimum amount, they will find getting out of debt harder because:
- More interest will accrue on the balance left
When a person pays the minimum balance that they are supposed to pay on a loan, they will be leaving a larger portion of money to be paid back.
This amount will accumulate interest such that the debt will keep increasing because the interest needs to be paid back as well.
In order to get out of debt faster, it is recommended that you pay higher than the minimum because this would reduce the amount that interest is charged on which means that you would owe less interest.
In conclusion, paying the minimum balance leads to more interest accumulating which makes getting out of debt difficult.
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Answer:
b. Public Goods
Explanation:
Public Goods -
It is the type of goods and services , which each and every person can use , without any kind of restriction , is known as public goods .
These type of goods are considered to be non - rivalrous , i.e. , these goods do not reduce , irrespective of their usage .
And ,
are non - excludable , i.e. , these goods are open for all and some individual or group van not hold on to it .
The example of public goods are - public parks , sewer system , law enforcement etc .
