answer and explanation :
A bad debt is a specifically-identified account receivable that will not be paid and so should be written off at once, while a doubtful debt is one that may become a bad debt in the future and which it may be necessary to create an allowance for doubtful accounts.
Answer:
b. 10.426%
Explanation:
Using the attached formula, convert the nominal rate to effective annual rate
<em>m</em> in the formula is the number of compounding periods per year; 12/2 = 6 in this case.
APR is the nominal rate which is 10%.
Next, plug in the numbers to the formula as shown below;
EAR = ![[1+\frac{0.10}{6}]^{6} -1](https://tex.z-dn.net/?f=%5B1%2B%5Cfrac%7B0.10%7D%7B6%7D%5D%5E%7B6%7D%20-1)
EAR = 1.10426-1
EAR = 0.10426 or 10.426% as a percentage
Hence choice B is correct.
Answer:
$90,000
Explanation:
Calculation to determine How much will you receive for each share
Using this formula
Amount that will be received = Number of shares * Stop price that was reached in a day
Let plug in the formula
Amount that will be received= 500 shares * $ 180
Amount that will be received= $ 90,000
Therefore How much will you receive for each share is $90,000
Answer:
He was the smartest kid in the class because he knew how to solve the hardest math problem on the worksheet.
Explanation: