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Sidana [21]
3 years ago
6

Allowance for Doubtful Accounts has an unadjusted balance of $500 at the end of the year, and an analysis of accounts in the cus

tomers' ledger indicates doubtful accounts of $15,000. Compute the adjusted balance in the allowance for doubtful accounts?a.$15,000b.$14,500c.$14,000d.$15,500
Business
1 answer:
motikmotik3 years ago
7 0

Answer:

a.$15,000

Explanation:

To compute the adjusted balance in the allowance for doubtful accounts we have to find out the bad debt expense which is shown below:

= Allowance for Doubtful accounts - unadjusted balance

= $15,000 - $500

= $14,500

Now the adjusted balance would be

= Adjusted bad debt expense + unadjusted balance

= $14,500 + $500

= $15,000

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Answer:

It may be more expensive and time-consuming than using an intermediary

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Direct selling makes it hard to reach new customers and also entails spending an extensive time in trying to convince prospective customers before sales is made. Sadly, in some situations, some prospects do not buy in on the intended product and thus, no sale is made and time wasted.

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3 years ago
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Answer:

C. Scenario Analysis.

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3 years ago
Gardial & Son has an ROA of 11%, a 2% profit margin, and a return on equity equal to 17%. What is the company's total assets
bezimeni [28]

Answer:

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0.17=0.11*EM\\EM=1.55

The company's total assets turnover is 5.5

The firm's equity multiplier is 1.55

4 0
3 years ago
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Answer:

78%

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52% + 26% = 78%

Thus, after investing the 1 million dollars, Able's awareness level next year will be the same as the current year: 78%

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What is the law of diminishing​ returns? The law of diminishing returns states that
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