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Dmitriy789 [7]
4 years ago
13

An aging of a company's accounts receivable indicates the estimate of uncollectible receivables totals $4,937.

Business
1 answer:
Kobotan [32]4 years ago
5 0

Answer:

c. debit to Bad Debt Expense for $3,687.

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $3,687

             To Allowance for doubtful debts $3,687

(Being bad debt expense is recorded)  

The computation is shown below:

= Estimation of the uncollectible receivable - credit balance in allowance for doubtful debts

= $4,937 - $1,250

= $3,687

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A manager who threatens to withhold support or rewards is using _____ as a political tactic.a. inducementb. coercionc. persuasio
DanielleElmas [232]

Answer:

b. coercion

Explanation:

A manager who threatens to withhold support or rewards is using coercion as a political tactic. Employees who work under a coercive management, are forced to follow orders and face a harsh and negative work environment that often leads employees to look for other jobs. Managers who practice coercion feel powerful and might but they don't realize how much damage it causes in the long run for the organization.

4 0
3 years ago
You interview with an athletic footwear manufacturer that has annual advertising expenditures of $32 million and total sales rev
son4ous [18]

Answer:

elastic.

Explanation:

The advertising elasticity of demand measures how sensitive a market and sales are to marketing expenses. Advertising elasticity is calculated by dividing the change in quantity demanded by the percentage change in advertising expenses. Generally products with low advertising elasticity tend to have elastic demands.

8 0
3 years ago
arren has a loan with an effective interest rate of 5 percent per annum. He makes payments at the end of each year for 10 years.
Bond [772]

Answer:

interest portion of fifth payment = $66.89 ≈ $67

Explanation:

effective interest rate = 5% yearly

first payment = $200

second payment = $210

third payment = $220

fourth payment = $230

fifth payment = $240

sixth payment = $250

seventh payment = $260

eighth payment = $270

ninth payment = $280

tenth = $290

using a financial calculator, I determined the present value (principal) of the loan = $1,860.87

then I prepared an amortization schedule:

interest portion of fifth payment = $66.89 ≈ $67

Download pdf
6 0
3 years ago
A government deficit occurs when government expenditures are greater than the revenue collected in a given year. A government de
STALIN [3.7K]

Answer:

C

Explanation:

A.private investment decreasesB.it has no immediate effect on the economy.C.the government can stimulate the economy when income is unusually low.D.the public does not voice concern about the national budget

A deficit occurs when government spending exceeds income either because it spends more than it earns or taxes are too low

A balanced budget is when government spending equals income

benefits of a budget deficit

  1. it allows the government to carry out stabilization policies
  2. it allows the government spread discretionary tax overtime
8 0
3 years ago
Corporate social responsibility definition
Masteriza [31]
It is a business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
6 0
3 years ago
Read 2 more answers
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