Answer:
false
Explanation:
The allowance procedure estimates bad debt expense before an uncollectible account receivable has been purposed to be uncollectible.
Answer:
it is good that all business majors study this regardless, as strategic management takes place at several/multiple levels in any organization they may find themselves
Explanation:
Even though most students may never become CEOs or branch manager or department heads of departments, it is good they study strategic management as strategic management provides directions through the development of plans on how to achieve an organizations set goals.
Several other levels in an organization may require the knowledge of strategic management. These employees in these other job roles could be asked to complete strategic plans for their various departments. Also at all levels, employees are asked to make contributions towards their organizations strategic plan. This makes it important for all business majors to study.
What these countries can do in order to increase the amount of loanable funds is provide savings incentives.
This way, more people and companies will save their money, and thus there will be more loanable funds to be taken. These countries cannot simply print more money, as that would lead to inflation. Increasing interest rate will only deter people from borrowing money. And given that these two answers are incorrect, all of the above cannot be the correct answer either.
Answer:
the company will have an operating income of $24,200 at sales level of $95,000
Explanation:
<u>Target profit formula:</u>
Fixed cost 29,000
Sales revenue 95,000
Contribution Margin Ratio 56% = 0.56
from each dollar of sales 56 cents remains to afford fixed cost and make a gain:
95,000 x 0.56 = 53,200 contribution
less 29,000 fixed cost = 24,200
