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sweet [91]
4 years ago
15

Your company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for dou

btful accounts had a credit balance of $1,000. During the year, you recorded bad debt expense of $2,700 and wrote off bad receivables of $2,100. What is your year-end balance in Allowance for doubtful accounts?
Business
1 answer:
Dvinal [7]4 years ago
8 0

Answer:

it is what it is

Explanation:

100000

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Which of the following is/are correct?
Elanso [62]

Answer:

c. III only

Explanation:

The correct option is - c. III only

Reason -

III option is correct because The trade-off theory states that there is an optimal level of debt for firms, given the benefits of tax shields and the costs of financial distress

5 0
3 years ago
When a company in a declining industry attempts to minimize the amount of assets that are employed to reduce the cost structure
Iteru [2.4K]

Answer:

The correct answer will be "Divestment strategy".

Explanation:

  • Liquidating in something like a declining state of just an economy as soon as humanly possible.
  • Attempting to sell the corporation slightly earlier usually significantly increases the firm ’s financial performance, as consumers are still not sure what it is that the economy is expected though the, maybe every organization throughout the industrial sector starts marketing, buyers would have a bargaining benefits as well as expect to be paid very little significance.
3 0
3 years ago
Things were terrific at x bank on elm street until an unfortunate incident occurred. before the incident, the bank had installed
JulijaS [17]

The safety need should now be met. Under Abraham Maslow’s hierarchy of needs, this is next to physiological needs; this discusses about the need of security and protection. These needs have to do with our natural yearning for a foreseeable and arranged world that is somewhat within our limit. In terms of workplace, an example of the safety need would be one should feel safe inside the working environment that the individual should feel that nothing would happen inside while he or she is working.

8 0
3 years ago
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at
soldier1979 [14.2K]

Answer:

a. Activity rates for each activity

Fabrications   = $18/dlh

Assembly      = $7/dlh

Setup             = $450/setup

Inspection      = $230/inspection

b.  Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats  = $302.068

Explanation:

Provided there are various activities as follows

Activity               Cost                Speed Boats        Bass boats          Total activity

Fabrications    $522,000        7,250 dlh             21,750 dlh            29,000 dlh

Assembly        $182,000         19,500 dlh            6,500 dlh             26,000 dlh

Setup               $195,750         52 setups            383 setups           435 setups

Inspection         $166,750        91 inspections     634 inspections    725 inspt.

a. Activity rates for each activity

Fabrications   =   $522,000/29,000 dlh = $18/dlh

Assembly     =     $182,000/26,000 dlh   = $7/dlh

Setup           =      $195,750/435 setups = $450/setup

Inspection    =      $166,750/725 inspections = $230/inspection

b.  Activity-based factory overhead per unit for each product

Activity              Speed Boats                                     Bass boats    

Fabrications       7,250 x $18 = $130,500             21,750 X $ 18 = $391,500

Assembly           19,500 X $7 = $136,500             6,500 X $7 = $45,500

Setup                  52 X $450 = $23,400                383 X $450 = $172,350

Inspection           91 X $230 = $20,930                 634 X $230 = $145,820

Total of both                    = $311,330                              = $755,170

Total units are 2,500 of each product

Cost p.u.  = $311,330/2,500 =$124.532    = $755,170/2,500 =$302.068

a. Activity rates for each activity

Fabrications   = $18/dlh

Assembly      = $7/dlh

Setup             = $450/setup

Inspection      = $230/inspection

b.  Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats  = $302.068

3 0
4 years ago
Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the d
Sunny_sXe [5.5K]

Answer:

Equity Theory.

Explanation:

As Peter offers his manager some suggestions for a new holiday display. His manager shrugs his shoulders and tells Peter that the display is all set. Then Sarah approaches the manager with an idea for the display, and the manager tells her that it’s a great idea. Equity theory is the model of motivation that explains how Peter is striving for fairness and justice. Equity theory explains that employees should be treated equally and fairly in order to keep them motivated at the workplace. If employees started feeling that they not being treated fairly then they will dissatisfied and demotivated at the workplace which will definitely reduces their work productivity. Human beings are motivated when they are treated fairly and equally.

6 0
3 years ago
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