Answer: Given the unadjusted Allowance for Doubtful Accounts has a $50 debit balance, the amount of receivables written off was less than the amount estimated in the prior period. This will cause Bad Debt Expense to be less in the current period than had the unadjusted balance been a credit balance.
The primary goal of an organization's mission statement is to outline the role that the organization plays in society.
The mission statement of an organization is a succinct statement that explains its purpose for being and doing what it does in society. Along with organization describing the organization's major clients, the products they want to sell, and other information, it also discusses the organization's objectives.
In this form of organizational structure, every employee is given two superiors in two different tiers. A "functional" hierarchy guarantees that each sort of expert in a company is well-trained and evaluated by a society supervisor who is a super-expert in the same field. The opposing organization strategy is "executive," which uses specialists to execute projects. Projects may be arranged according to regional areas, customer kinds, or other criteria.
The term "formal organization" refers to a group that has been created with the intention of achieving specific goals. Its design explains how society objectives are separated into constituent parts of the organization. This organizational structure is made up of divisions, departments, roles, jobs, and duties. So, when it comes to interactions with clients or members, the official organization is expected to act impersonally.
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Answer:
d). Value of the preferred stock= $3/0.07= $42.86
Explanation:
A preferred stock represents a portion of ownership or an organisation. Although there are two types of stock which are ordinary/common stock and preferred stock, the characteristics of preferred stock is that its holders are entitled to dividend claims before the holders of the common stockholders.
The Value of Pfizer Inc.'s preferred stock is as follows:
Value of Preference Stock= The Annual dividend the required rate of return on the stock
Annual dividend = $3.00
Rate of return = 7%
Value of the preferred stock= $3/0.07= $42.86
- restrict access to certain areas like city centers for pollutant cars
- stop the manufacturing of cars using fossil fuel completely (the EU plans that for 2035)
- make public transportation cheaper or even free (Luxembourg did this)
- advocate the health benefits of not using a car for short trips via campaigns in differentmedia. it's cheaper and healthier to walk or ride a bike etc. whenever possible.
- make public transportation, e.g. trains, better and more time efficient (China invested a great deal of money into its train system)
- and possibly more I can't think of at the moment
The following statements regarding tax credits states that the deductions from a taxpayer's tax liability directly reduces the person's taxes due is true.
Explanation:
Tax credit is a amount of money that taxpayer's can subtract from taxes to be paid to the government. They reduce the taxable income and reduces the actual amount of taxes provided.
There are three basic types of tax credits they are non-refundable, refundable and partially refundable.
Earned income tax credit, Child tax credit are some examples of tax credits.
