the poerson save 60 dollars
The new price is 90 dollars
Explanation:
Answer:
B. additional interest expense over the life of the bonds.
Answer:
Debit Credit
1) Allowance for doubtful accounts $1,500
Accouts receivable $1,500
2) Cash $1,000
Bad debt recovery account $1,000
Explanation:
1) Since the company adopts the allowance method to account for uncollectibles, it is expected that there would still be some buffer in that account to take care of the write-off. So, that account has to be debited to extinguish the accounts receivables.
2) Now that there is a recovery from Green, cash has to be debited, first of all to recognize the receipt and then credit goes to bad debt recovery account, which reports to income statement.
Interest groups always have a lot of issues that they face. The Free Rider Problem makes it harder for interest groups to attract official members who will pay to join is a true statement.
Interest group is known to be a group set up around a set of opinions or preferences and they often seek to affects others in different ways so as to promote or protect their interest.
A free rider problem is known to be a common issued that is faced by unions and groups when people do not join due to the fact that they can benefit from the group's activities without officially joining.
This pose a big issue as people just want to enjoy privileges for free The bigger the group, the more large the free rider problems are.
Learn more about free rider problems from
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If
teamwork and support are high on your priority list, a closed corporation may
be a poor choice for a business.
A closed corporation is generally a smaller corporation, it means that it is held by a
limited number of shareholders and is not publicly traded. There are
many different types of corporations.