Answer:
25%
Explanation:
Calculation for the proportion of Machining activity used by Product 5
Using this formula
Machining activity = Product 5 Machine hours /Total machine hours
Let plug in the formula
Machining activity = 1,100/4,400
Machining activity = 0.25×100
Machining activity = 25%
Therefore the proportion of Machining activity used by Product 5 is 25%
Answer:
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Answer: Option (d)
Explanation:
Under this case the write off will be as follow:
Debit Credit
Allowance for doubtful accounts 25,200
Accounts receivables 25,200
Here, in this case the Allowance for the doubtful accounts and Accounts receivables are further decreased as the outcome of the transaction made. Thus, there will be no further effect on working capital. Therefore the $30,000 that is bad debt would then be stated as the credit to allowance account. This will then decrease the working capital by $30,000.
The answer is A. The owner has a lot of his own money invested in the business.
Answer:
C. NTB's have increased and tariffs have decreased in importance and use
Explanation:
