Answer: $520,000
Explanation:
A bad debt expense occurs when an economic entity which could be an individual or firm cannot collect a receivable because the said customer can't meet their obligations anymore.
The amount of bad debt expense recognized for the year will be the outstanding accounts receivable at year end multiplied by the percentage of uncollectible outstanding receivables. This will be:
= 8% × $6,500,000
= 8/100 × $6,500,000
= 0.08 × $6,500,000
= $520,000
Answer:
Note: after an online research I found the questions. Comparing the debt ratios and analyze the causes of change.
Explanation:
Athenia’s debt ratio in 2018 is 50 % ( 50/100)
Athenia ‘s debt raiot in 2023 is 45.8% ( 55/120)
During this period, Economy of Athenia has increased larger than the debt. Hence, debt to GDP ratio has declined.
thus, the ratios changed because the economy grew a higher than the national debt.
C. Warranty and proof the company believes in their product.
Answer:
a trade surplus and positive net exports.
Explanation:
If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.
Also, there would be a trade surplus.
A trade surplus is when the value of export is greater than imports.
I hope my answer helps you
I believe the answer is A becuase working at a lemonade stand helps you kinda run a business if you think about it
