Answer:
$9,900
Explanation:
With regards to the above, the percentage of credit sales method estimates bad debt expense by multiplying historical percentage of bad debt losses by the current period's credit sales.
Bad debt expense = Net credit sales × Bad debt loss rate
Bad debt expense = $198,000 × 0.05
Bad debt expense = $9,900
Therefore, estimated bad debt expense for the year is $9,900
Answer:
Year 1= 1.5%
Year 5= 3.5%
Year 10= 3.5%
10 year nominal interest rate will be 3.5%
Explanation:
Answer:
Option (C) is correct.
Explanation:
We know that gross domestic product (GDP) of a nation plays a very important role in the long run economic growth. Long run economic growth will be directly impacted by the nation's GDP.
GDP of a nation increases with increase in the production of goods and services. If there is a availability of advanced technology, more capital and large number of labor then this will lead increase the productivity of employees and directly contributes towards the production of a nation.
Hence, the GDP of a nation increases, as a result long term economic growth will also increases.
i guess the correct answer is conciseness
Khalida is sending an e-mail message to a client. Before sending it, she wants to make sure that she has made her point in the fewest possible words.
Khalida is checking for conciseness.
Answer:
PART A
The five questions are as follows
What is my risk tolerance?
How fast am I able to move?
What is my access to capital?
Who do I need to help me get there?
Do I have the capacity that I need to make this journey?
PART B
They where not carefully prepared
They lack the competence required to make a good mission statement
Lack of adequate knowledge about the Organisation
PART C
YES.
Explanation: Mission statement is a short and brief description of why an organisation exists and what are the goals of the Organisations, mission statement are also a statement of what the company wants to achieve.
A good mission statement should ensure that has considered the RISK TOLERANCE LEVEL OD THE ORGANISATION AS IT REGARDS TO INTERNAL AND EXTERNAL THREATS,THE PACE OF THE ORGANISATION, AVAILABILITY OF RESOURCES LIKE FUNDS,WHO ARE THE PEOPLE THAT THE ORGANISATION NEEDS TO ACHIEVE ITS MISSION AND THE AVAILABILITY OF COMPETENT MANPOWER AND THE NEEDED CAPACITY TO ACHIEVE THE MISSION.
Some of the issues that affects a mission statement is when people who are not competent or don't understand the concept of a mission statement or the Organisation are asked to prepare one,it will fail to put these five questions into consideration etc.
