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3 years ago

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All of Armand's employees make the same amount of money but he thinks they lie to each other about how much they make. To stop t

his, he posts all salary information on the bulletin board. Armand seems to believe in _______.

1 answer:

Arisa [49]3 years ago

5 0

Armand believe in “Equity Theory.”

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As of December 31, 2020, Gill Co. reported accounts receivable of $236,000 and an allowance for uncollectible accounts of $8,400

maksim [4K]

Answer:

$1,583

Explanation:

Accounts receivables as at 31/12/2021 = $236,000

A/R as at 31/12/2022 :

= Accounts receivables as at 31/12/2021 + increase in AR

= $236,000 + $22,300

= $258,300

Uncollectible accounts = 1% of accounts receivables

= 1% × $258,300

= $2,583

Allowance 31/12/2021 = $8,400

Writes off = $7,400

Therefore,

Allowance = Allowance 31/12/2021 - writes ofd

= $8,400 - $7,400

= $1,000

Hence,

Bad debt expense for 2021 = Uncollectible accounts - Allowance

= $2,583 - $1,000

= $1,583

5 0

3 years ago

Why is it important to carefully evaluate promotional claims?

juin [17]

<span>b. companies always carefully test any claims that they make about a product </span>

8 0

3 years ago

Read 2 more answers

In a five paragraph essay compare and contrast your state's constitution with the United States Constitution, and determine the

mart [117]

Answer:

hi

Explanation:

6 0

3 years ago

if you make a one-time investment of $500 at 8% interest compounded annually, how much money will you have in 20 years? 50 years

sladkih [1.3K]

The formula for annually compounded interest is as follows:

$A = P(1 + r)^t$

P is the initial amount you invest, r is the interest rate as a decimal, and t is the number of years the money will have been invested.

Convert the 8% interest rate into a decimal by dividing by 100:

$8 \div 100 = 0.08$

We now have all of our values. Plug the known values into the equation:

$P = 500, r = 0.08$

$t = 20$

$500(1+0.08)^{20} = 500(1.08)^{20} = \boxed{2330.48}$

$t = 50$

$500(1+0.08)^{50} = 500(1.08)^{50} = \boxed{23450.81}$

8 0

3 years ago

A project has a 60% chance of doubling your investment in 1 year and a 40% chance of losing half your money. What is the standar

Oxana [17]

Answer:

The standard deviation is 0.73 times the value of your investment

Explanation:

Standard deviation is the measure of dispersion from the mean of the group as a whole.

It is a group statistic, so it is necessary to see the project's result as a group result.

Let P be the value of your investment.

If you can invest 100 times in the project then after 1 year you will receive 2P for 60 times and 0.5P for 40 times. The 40% ad 60% information is not conditioned on a sample so the case should be considered a measurement on population.

Mean = $\frac{\sum x_{i}}{n}$ = $\frac{60 \times 2P + 40 \times 0.5P}{100}$

Variance = $\frac{\sum {(x_{i} - Mean)^{2}}}{n}$

= $\frac{(2P - 1.4P)^2 \times 60 + (0.5P - 1.4P)^2 \times 40} {100} =0.54P^{2}$

Standard Deviation = $\sqrt{Variance}$ = $\sqrt{0.54P^{2}}$ = 0.73P

8 0

3 years ago