1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
malfutka [58]
3 years ago
10

Trainor Company estimates bad debt expense using a percentage of credit sales (5%). The company began its current year with an $

8,500 balance in the allowance account. During the current year, $10,500 of accounts receivable were written off, and $1,200 of previously written off accounts were collected. Credit sales for the year were $255,000. The bad debt expense for the year wasa) $12,750b) $11,550c) $10,500d) $8,500
Business
1 answer:
xeze [42]3 years ago
7 0

Answer:

a) $12,750

Explanation:

The computation of the bad debt expense is shown below:

= Credit sales × estimated percentage given

= $255,000 × 5%

= $12,500

Simply we multiplied the credit sales with the given estimated percentage so that the accurate amount can come i.e bad debt expense for the particular year

All other information which is given is not relevant. Hence, ignored it

You might be interested in
Industries sales budget shows quarterly sales for the next year as​ follows: Quarter 1dash17 comma 000​; Quarter 2dash15 comma 0
Angelina_Jolie [31]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Quarter 1: 17,000​;

Quarter 2: 15,000​;

Quarter 3: 19,000​;

Quarter 4: 21,000.

Company policy is to have a target​ finished-goods inventory at the end of each quarter equal to 25 % of the next​ quarter's sales.

2nd Q production:

Sales= 15,000

Ending inventory= 0.25*19,000= 4,750

Beginning inventory= (15,000*0.25)= (3,750)

Total= 16,000 units

8 0
3 years ago
According to the expenditure approach, if Y is GDP, C is consumption, I is investment, G is government purchases, and NX is net
lidiya [134]

Answer:

The answer is Y = C + I + G + NX

Explanation:

National income can be represented as: Y = C + I + G + NX

where Y is the national income

C is the consumers' consumption or households' expenses on goods and services

I is the firms' investment. Investment done by businesses on procuring non-current assets used in production

G is the government expenditure.

NX is the net export. Net export is the difference between the total value of export and total value of import in a year.

6 0
4 years ago
In an outsourcing decision, developing and negotiating the outsourcing contract: is not an area where supply managers believe th
RoseWind [281]

Answer:

The correct answer is is of less strategic importance than identifying opportunities for outsourcing.

Explanation:

Outsourcing consists in the delegation of functions from one company to another that specializes in this task. Among its greatest benefits are cost reduction and access to new technologies, among others, however, if the service provider does not have sufficient capacity to perform this function, it may damage the image of the contracting company. This tool can be used tactically or strategically and can be adapted to the requirements of the company requesting the service, it is implemented at different levels and in areas of the organization that are not essential to gain competitiveness.

7 0
3 years ago
The sales message varies little from customer to customer in a(n) _____.​
Bond [772]
<span>A sales message or pitch with a little variation is a Canned Sales Presentation. The answer is Canned Sales Presentation because a sales message or pitch that has little variation means it has been well rehearsed, it is well organized and systemic in nature. Also Canned Sales Presentations are usually well written scripts that are meant to be adhered to and written to obtain a positive response from the prospect or customer.</span>
4 0
4 years ago
Which kind of data warehouse is created separately from the enterprise data warehouse by a department and not reliant on it for
Lana71 [14]

Independent Data Mart is created separately from the enterprise data warehouse by a department and not reliant on it for updates

<h3>What is an independent data mart?</h3>

Data marts are one of the keys to effectively converting information into insights in a market dominated by big data and analytics. Large data sets are normally dealt with by data warehouses, yet easy-to-find and immediately available data are needed for data analysis. Should a business person have to run difficult queries in order to acquire the data they require for their reports? No, which is why savvy businesses employ data marts.

Often a partitioned section of an enterprise data warehouse, a data mart is a subject-oriented database. Typically, a data mart's subset of data corresponds to one particular business unit, such as sales, finance, or marketing.

Data marts speed up business processes by enabling quick access to pertinent data in a data warehouse or operational data store, rather than having to wait months or more. A data mart is an economical way to quickly obtain useful insights because it only includes the data relevant to a certain business area.

Thus, it is a data mart where the data warehouse is created separately from the enterprise data warehouse by a department and is not reliant on it for updates.

For more information on Data mart, refer to the given link"

brainly.com/question/13989635

#SPJ4

4 0
2 years ago
Other questions:
  • James is a recent college graduate and has six months of it experience. he is thinking about pursuing a certification program in
    10·1 answer
  • If the price falls by 50% and the quantity demanded falls by 25%, find cross price elasticity of demand
    5·1 answer
  • Why might network externalities cause a new cable provider to be unsuccessful when it tries to enter the market?
    7·1 answer
  • Carfax offers a report on used cars for $39.99. It details the ownership type and history, vehicle mileage, accident reports, an
    6·1 answer
  • 5. Risk analysis in capital budgeting Projects differ in risk, and risk analysis is a critical component of the capital budgetin
    9·1 answer
  • Is this the first time you have taken from the company? Is this the first time you have created an overdraft?"" These are exampl
    9·1 answer
  • Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2019, their AGI before any
    8·1 answer
  • The mean width of 12 iPads is 13 cm. The mean width of 8 Kindles is 12 cm. 2 pts
    14·1 answer
  • How does the price range affect the elasticity of demand for a product?
    8·1 answer
  • What is the roi if the total benefits are $182,000 and the total cumulative costs are $120,000?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!