Answer:
The correct answer is A
Explanation:
Involuntary switching is the term which is defined as the unwillingness of consumers for switching yet the customers may be prompted for switching because it is inevitable reasons like changing residence or does not involve the person.
So, in this case, the employer changed the insurance plan in which she is not involved, had to switch to another dentist. Therefore, it is an involuntary switching.
Answer:
$73,500
Explanation:
Given data
Amount expected to be collected $898,000
Allowance for uncollectible accounts at 1/1/20 - credit balance $102,000 Accounts written off as uncollectible during 2020 $68,500
Accounts receivable at 12/31/20 $971,500
Uncollectible accounts recovered during 2020 $14,900
The computation of the bad debt expense is shown below:
Bad debt expense = Ending balance of account receivable - amount expected to be collected
= $971,500 - $898,000
= $73,500
Answer:
The holding period monthly return for Apple in August is <u>-2.00%</u>.
Explanation:
Holding period return (HPR) refers to total return that is received by an investor when he holds an asset or portfolio of assets over a period of time.
The holding period return is generally expressed as a percentage can be estimated using the following formula:
HPR = [Income + (P1 - Po)] / Po ....................... (1)
Where;
Income = Dividend = $0.52
P1 = End-of-period value = $110.30
Po = Initial value = $112.92
Substituting the values into equation (1), we have:
HPR = [$0.52 + ($110.30 - $112.92)] / $112.92
HPR = [$0.52 - $2.62] / $112.92
HPR = -$2.10 / $112.92
HPR = -0.02, or -2.00%
Therefore, the holding period monthly return for Apple in August is <u>-2.00%</u>.
sole proprietorships, partnerships, and corporations.
Answer:
A. Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous
Explanation: