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pshichka [43]
3 years ago
15

Given the unadjusted Allowance for Doubtful Accounts has a $50 debit balance, the amount of receivables written off was ______ t

han the amount estimated in the prior period. This will cause Bad Debt Expense to be ______ in the current period than had the unadjusted balance been a credit balance.
Business
1 answer:
Musya8 [376]3 years ago
7 0

Answer: Given the unadjusted Allowance for Doubtful Accounts has a $50 debit balance, the amount of receivables written off was less than the amount estimated in the prior period. This will cause Bad Debt Expense to be less in the current period than had the unadjusted balance been a credit balance.

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The consumer price index was 200 in 2008 and 190 in 2009. The nominal interest rate during this period was 4.5 percent. What was
leva [86]

Answer:

the real interest rate is 9.5%

Explanation:

The computation of the real interest rate is shown below:

But before that inflation rate need to be determined

Inflation rate is

= [CPI this year - CPIlast year] ÷ CPI last year

= {(190 - 200) ÷ 200} ×  100

= -0.05 × 100

i = -5%

Now the real interest rate is

real interest rate = nominal interest rate - inflation rate

= 4.5% - (- 5%)

= 9.5%

Hence, the real interest rate is 9.5%

3 0
3 years ago
Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiat
beks73 [17]

Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a <u>blanket purchase order</u> with a client that represented the customer's long-term commitment to buy components from Hung.

<u>Option: D</u>

<u>Explanation:</u>

Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.

It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.

3 0
4 years ago
A shift of the demand curve from D 1 to D 2 is called
Whitepunk [10]

Answer:

The correct option is D.

Explanation:

Demand curve is a curve which is depicted in the form of graph and the relationship among the price of a commodity and the quantity of that commodity will be demanded at that price.

Loanable funds are those funds or income of people which they choose to save and lent out instead of using for own consumption.

The demand curve shifts due to change in the price and that causes change in quantity demanded. Shift of demand curve from D1 to D2 means that there is an increase in demand for the loanable funds and this increase is originate from people who have extra income and that they want to lent out.

Therefore, the correct option is D

3 0
3 years ago
You purchased a bond at a price of $2,100. In 30 years when the bond matures, the bond will be worth $15,000. It is exactly 22 y
Ksju [112]

Answer:

The answer is 3.8%

Explanation:

Solution

Bond purchased at price =$2100)

Maturity rate in  30 years worth =$15,000

Sale of the bond = $11,100

Now we find out what  annual rate of return will you earn from today

Now

present value =$11,100

Future value = $15,000

Bond Life = 8 years (30-22)

The annual rate of return =[(FV/PV)^(1/n) -1]

= (15000/111000^(1/8) -1

=1.351351^ (1/8) -1

= 3.8%

Therefore the annual; rate of return you will earn from today is 3.8%

7 0
3 years ago
Jorge would like to open a coffee shop. He should write​ a(n) ________ to establish the mission and objective of his organizatio
Katen [24]

Answer:

The correct option is C, business plan

Explanation:

Sales proposal is a document sent by a seller to a prospective buyer detailing the nature of the product offered and how the product could serve the interest of the would-be buyer,hence it is a wrong option.

Unsolicited proposal is a proposal sent by a private firm interested in partnering with the government on projects where the proposal was not requested by the government,as a result it is wrong choice as well.

A business plan is document showcasing the aims of objectives of the organization with clear road maps on issues such as what the business is set out to achieve,its target customer and so on

Investment proposal is aimed at bringing to light the potential benefits of a project so as to appeal to financiers.

Grant proposal is a request addressed to the government justifying the need for grant of a subsidy.

6 0
3 years ago
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