Answer:
c.The result is based on either a percentage of sales or an analysis of receivables
Explanation:
Generally, companies will choose between two approaches under the allowance method.
Percentage of Sales: Using historical data, a company examines the relationship between sales and uncollectible accounts receivable. If there is a fairly stable relationship between the two, a company will use the historical Uncollectible Accounts / Credit Sales ratio to estimate the bad debts expense in the current period.
This method is sometimes referred to as the income statement approach.
Percentage of Accounts Receivable: Using historical data, a company examines the relationship between accounts receivable and uncollectible accounts. Companies will oftentimes increase the accuracy of these estimates by looking at their aging schedule for patterns, rather than using a composite (or total) of their receivables
This method is sometimes referred to as the balance sheet approach
Answer:
C. Competitors are well established.
Explanation:
A product's life cycle can be understood as the complete product story through its sales phases: introduction, growth, maturity, and decline. This is the concept of planned adolescence, that is, products are already born with a date scheduled to be withdrawn from the market.
A characteristic of the maturity phase of this cycle is that competitors are well established. This phase is a period of low growth in sales. Profit levels become stable or decrease due to the company's spending to defend the product from competition. When the product reaches saturation the competition characteristics become more fierce.
A person who finds property has a(n) <u>Legal </u>responsibility to make reasonable efforts to return the property to its rightful owner.
Adverse possession is a legal principle that states that a person can accumulate felony ownership of a person else's assets. for you to do so, they want to acquire ownership or are living on that property for a positive length of time. typically, the shape of the property is land.
As a consequence, ownership tends to seem as prima facie evidence of the right of ownership; it gives this right in opposition to everybody besides the rightful owner. Mere ownership with the aid of a finder is sufficient to provide grounds for a movement towards one that deprives him of the item without a higher proper than his personal.
Possession is the prima-facie proof of ownership. The assets which belong to no person, (res nullius), belong to the primary possessor of it and he acquires a legitimate title to it as towards the sector. This mode of acquisition has been known as an occupation in Roman law.
Learn more about ownership here: brainly.com/question/523607
#SPJ4
