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Georgia [21]
3 years ago
14

An aging of a company's accounts receivable indicates that $4,000 are estimated to be uncollectible. If Allowance for Doubtful A

ccounts has a $1,200 debit balance, the adjustment to record bad debts for the period will require aa. debit to Bad Debts Expense for $4,000.b. debit to Allowance for Doubtful Accounts for $5,200.c. debit to Bad Debts Expense for $5,200.d. credit to Allowance for Doubtful Accounts for $4,000.
Business
1 answer:
alex41 [277]3 years ago
6 0

Answer:

2800

Explanation:

By the following we get:

4000 - 1200 = USD 2800/-

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Which part of a business proposal discusses the history of a product, service, or company with a focus on the relationship betwe
Zolol [24]

Background-- part of a business proposal discusses the history of a product, service, or company with a focus on the relationship between the writer and a potential buyer

What is business proposals?

Effective business proposals are built around a great idea or solution. While you may be able to present your normal product, service, or solution in an interesting way, you want your document and its solution to stand out against the background of competing proposals.

An effective business proposal:

informs and persuades efficiently. It features many of the common elements of a report, but its emphasis on persuasion guides the overall presentation.

How do you introduce a business proposal?

You should write the introduction to your proposal first, quickly summarizing all sections of the business plan. It should also be the last part of the plan you work on. The overview in the introduction will help you to know what to cover as you write all parts of the business plan in greater detail.

Learn more about business proposals:

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4 0
2 years ago
Ten years ago, Stigler Company issued $100 par value preferred stock yielding 6%. The preferred stock is now selling for $102 pe
Alik [6]

Answer:

Current Yield = 0.05882 or 5.882% rounded off to 5.88%

Explanation:

A current yield refers to the annual return that a security provides based on the interest or dividend payments it makes expressed as a percentage of it current price. Thus, the current yield on preferred stock can be calculated as follow,

Current Yield - Preferred stock = Dividend per year / Current price

Dividend per year =  100 * 0.06 = $6 per year

Current Yield = 6 / 102

Current Yield = 0.05882 or 5.882% rounded off to 5.88%

4 0
3 years ago
Risoner Company plans to purchase a machine with the following conditions: Purchase price = $300,000. The down payment = 10% of
ser-zykov [4K]

Answer:

$62,160

Explanation:

Given:

Purchase price = $300,000

Down payment = 10% of purchase price = 0.1 × $300,000 = $30,000

Thus,

the cumulative amount to be financed = $300,000 - $30,000 = $270,000

The present value of an annuity of $1 per year for 8 years at 16% = $4.3436

Now,

Annual payment

= ( Cumulative Amount financed ) / ( Cumulative PV factor at 16% for 8 years)

= $270,000 / 4.3436

= $62,160.42

≈ $62,160

8 0
3 years ago
Which NIMS Management Characteristic involves using standardized names and definitions for major organizational functions and un
mylen [45]

Answer:

The correct answer is c) Common Terminology

Explanation:

NIMS establishes a common terminology to work cooperatively with other organizations in some emergency scenarios, this is used to avoid confusion.

The common terminology usually is implemented in Organizational Functions (named by standard names), Resource Descriptions (named by capabilities) and Incident Facilities (common terms for clarity in an incident)

8 0
3 years ago
The act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Securi
raketka [301]

Answer:

Federal Insurance Contributions Act

Explanation:

The Federal Insurance Contributions Act refers to a law that establishes the federal taxes that are deducted from employees' salaries to get the funds for social services like Medicare, disability insurance, among others. According to  this, the answer is that the act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Security and Medicare programs is called the Federal Insurance Contributions Act.

5 0
3 years ago
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