Answer:
$27,000
Explanation:
Allowance for doubtful accounts before adjustment $15,000
Allowance provided for the month;
$800,000*1.5% $12,000
Closing balance for Doubtful Accounts $27,000
The allowance for doubtful accounts is provided on net sales basis therefore sales are multiplied with % of bad debt allowance given in question.
Answer:
A) instrumental; terminal
Explanation:
Rokeach Value Survey (RVS) is an instrument that is used to classify values. 36 values are ranked to scale. The values are made up of 18 terminal and 18 instrumental values.
Participant in the survey rank 18 of the terminal values and then 18 of the instrumental values in order of importance to the individual.
RVS has been applied in the fields of psychology, personality, behaviour, social culture and cross-cultural studies.
Terminal values refer to desireable state of existence and instrumental values are preferable modes of behaviour.
Answer:
Coupon rate is 7.41%
Explanation:
Using the price formula , the yield to maturity can be calculated first of all:
Bond price=coupon interest /yield to maturity
Bond price is $1080
coupon interest is 8%*$1000=$80
$1080=$80/yield to maturity
$1080*yield to maturity=$80
yield to maturity=$80/$1080
=7.41%
However if the price of the bond becomes the par value, the coupon rate can be calculated thus:
$1000=coupon payment/7.41%
coupon payment =$1000*7.41%
coupon payment=$74.1
coupon rate=$74.1/100=7.41%
Answer:
Yes, it does.
Explanation:
It definitely impacts the present value analysis. If we are evaluating two proposals and we ignore the useful lives of the investments, then
- The present values of the investment proposals will be inaccurate.
- The cash flows might be inaccurate.
- The discount factor to be used will also be inaccurate.
- The overall results will be misleading.
- The tax credits and balancing allowances and charges will also be inaccurate.
Answer:
Combination of goods and Services
Explanation:
Product package are basicallyl used to distinguish one brand, product, service or commodity from the other.
It is mostly the totality of what differentiates most products.
A complete product package needs to have any of these(goods, services) or combination of the two if the business offers both.
