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
Ahat [919]
3 years ago
6

Information related to Mingen back Company for 2015 is summarized below: Instructions: A. What amount of bad debt expense will M

ingen back Company report if it uses the direct write-off method of accounting for bad debts? B. Assume that Mingen back Company estimates its bad debt expense to be 2% of credit sales. What amount of bad debt expense will Mingen back record if it has an Allowance for Doubtful Accounts credit balance of $4,000? C. Assume that Mingen back Company estimates its bad debt expense based on 6% of accounts receivable. What amount of bad debt expense will Mingen back record if it has an Allowance for Doubtful Accounts credit balance of $3,000? D. Assume the same facts as in (c), except that there is a $3,000 debit balance in Allowance for Doubtful Accounts. What amount of bad debt expense will Mingen back record? E. What is the weakness of the direct write-off method of reporting bad debt expense?
Business
1 answer:
Alex Ar [27]3 years ago
5 0

Answer:

jhgiojhugfvcpokjhgfuhjkm,l;/;.l,kmjbh

Explanation:

You might be interested in
When are monopolies good?
zlopas [31]

Answer:

When Monopolies Are Good. Sometimes a monopoly is necessary. It ensures consistent delivery of a product or service that has a very high up-front cost. An example is electric and water utilities. Brainliest Please

Explanation:

3 0
3 years ago
Read 2 more answers
Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you
Stels [109]

Answer:

Fear appeal.

Explanation:

In this scenario, Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you have passed away. In order to buttress their point, they paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a fear appeal.

A fear appeal can be defined as the act of persuading potential customers to change a risky behavior by highlighting adverse or negative consequences that may arise if they do not subscribe to a service or use a particular product. The main purpose of a fear appeal is to cajole people into buying a product or using a service by using their fears as a motivation.

7 0
3 years ago
Miguel is NOT very self-aware. How will this MOST likely affect his upcoming job search process?
Nikitich [7]

Answer:

D. He will have a tough time finding a job that fits his interests.

Explanation:

The other answers require a sense of self-awareness.

8 0
3 years ago
What is the movement of an economy from one condition to another and back again
pav-90 [236]

The business cycle is the movement of an economy from one condition to another and back again. The business cycle is also known as the economic cycle or trade cycle. This cycle represents the movement of resources from one end and their comeback at the same end after revolving. It can be understood as a businessman invests money in the business in the form of costs and the money comes back in the form of revenue or sales.


Hence the answer is the <u>Economic cycle</u>


3 0
3 years ago
Everyday fresh is a retail outlet that sells its products at a discounted rate. it expands its product base to a new division th
otez555 [7]
This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices. 
7 0
3 years ago
Read 2 more answers
Other questions:
  • Innova uses 1,000 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to manufac
    13·1 answer
  • Which type of franchising involves a franchisor licensing a franchisee to sell specific products under the​ franchisor's brand n
    13·1 answer
  • Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period
    7·1 answer
  • Zappos employees are "driven" to participate in charitable activities and feel that giving back to the community is something th
    15·1 answer
  • Impression management is behavior by which people control how they come across to _________. Some of this behavior is deliberate
    9·1 answer
  • Which of the following statements is FALSE? Explanation: B. Beta is measured using past information.
    5·1 answer
  • In supermarket retailing, _____ percent of endcaps should be unadvertised "sale" items that will cause the customer to be alert
    9·1 answer
  • 1 point
    5·1 answer
  • Identify the statement that characterizes the Age Discrimination in Employment Act. Multiple Choice It permits an employer to re
    9·1 answer
  • Factors of production ​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!