Answer: d. Taking the difference between the unadjusted balance in the allowance account and the desired balance of the allowance account.
Explanation: Bad debt expense is an unfortunate cost of doing business with customers on credit and recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.
The balance-sheet approach for estimating bad debts expresses uncollectible accounts as a percentage of accounts receivable. That is, it takes the difference between the current balance of allowance for doubtful accounts and the amount calculated.
Therefore, if a company uses the balance sheet approach to estimate bad debt expense, bad debt expense for a period can be determined by taking the difference between the unadjusted balance in the allowance account and the desired balance of the allowance account.
Upon beginning her career at Davidson inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart, which will clarify positions and reporting relationships within the firm. Correct answer: B
<span> The organization chart illustrates the relationships among positions within an organization . The chart has usual five elements: job design, departmentalization, delegation, span of management, and chain of command.</span>
Answer:
The correct answer is letter "A": number of firms in an industry.
Explanation:
A concentration ratio measures the number of competitors within the same industry. The lowest concentration ratio of a firm, it represents there are more market rivals. The highest the concentration ratio, the lower the number of competitors of the firm. The ratio is expressed in percentage terms. A firm having a 100% concentration ratio is a monopoly.
Answer: Cost-push inflation is caused by an increase in the prices of the underlying inputs of production.
Answer:
Please check the info below
Explanation:
1. For Osaka
Margin = Net Operating Income / Sales *100
= $ 792000 / $9900000 *100
= 8.00%
Turnover = Sales / Average Operating Assets * 100
= $ 9900000 / $ 2475000 * 100
= 4.00%
ROI = Margin * Turnover
= 8% *4 %
= 32.00%
Hence the correct answer is 32.00%
For Yokohama :
Margin = Net Operating Income / Sales *100
= $ 2900000 / $ 29000000*100
= 10.00%
Turnover = Sales / Average Operating Assets * 100
= $ 29000000 / $ 14500000* 100
= 2.00%
ROI = Margin * Turnover
= 10% *2 %
= 20.00%
Hence the correct answer is 20.00%
2. The correct answer is
Osaka = $ 371,250
Yokohama = $ 435,000
3. The correct answer is No
This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed