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3 years ago

When does an account become uncollectible?

Business

1 answer:

Kaylis [27]3 years ago

6 0

Answer: C - there is no general rule for when an account becomes uncollectible

Explanation:

Account uncollectible are receivables or debts that have no probability of being settled either because of bankruptcy of the debtor or as a result of fraud commited by the debtor.

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When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 8 and 24 w

rosijanka [135]

Answer:

4.56%

Explanation:

From the given information:

In a c-chart limit

UCL = $\bar c+ z \times \sqrt{\bar c }$

where;

$\bar c = 16$

UCL = 24

Then:

$24 = 16 + z \times \sqrt{24}$

$24 -1 6 = z \times \sqrt{24}$

$8 = z \times 4.89$

$z = \dfrac{8}{4.89}$

z $\simeq$ 2.0

At z = 2.0, the value represents the probability of 95.44% of not making a Type 1 error.

This implies that the probability of making a Type 1 error = 1 - 95.44%

= 4.56%

3 0

3 years ago

What can you conclude about the relationship between the slope of the demand curve above and its elasticity?

NemiM [27]

Answer:

By definition, the price elasticity of demand equals the percentage changes in the quantity demanded divided by the percentage changes in the price. There is an opposite relationship between the demand elasticity and the slope of the demand curve.

6 0

3 years ago

Cullumber, Inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. If you paid $1,03

Sedbober [7]

Answer:

The worth of the bond is $1068.44

Explanation:

Solution

Given that

Supposed that the face of the bond is $1000

Thus

The semiannual coupon payment = 1000*8%*6/12

= 40 (semiannual period in a year comprising of 6 months each)

Then

Semiannual periods = 6 years *2

=12

The semiannual yield = 6.6*6/12

= 3.3%

So,

The present value of bond = (PVA3.3%,12*semiannual coupon payment) + (PVF3.3%,12*Face value)

=(9.77808*40) + (.67732*1000)

=391.12+ 677.32

=$1068.44

The worth of the bond is $1068.44

nnote: Find present value factor using the formula 1/(1+i)^n

(Where i = 3.3%, n= 12 ) or using financial calculator by putting i = 3.3%,n=12 and FV= 1

Also, Find present value annuity factor using the formula [1/(1+i)^1 +1/(1+i)^2 +......+(1+i)^11+1/(1+i)^12 ] or using financial calculator where i = 3.3%,n= 12 and PMT =1

6 0

3 years ago

How do people determine what country has the best economy

Lady_Fox [76]

Usually, the people would determine the best economy of a country by its GDP or the Gross Domestic Product. The GDP is basically the total amount of goods and services that the country produces in monetary units. (Usually in dollars since that is the standard international rate). So basically, the more a country produces and exports, the higher his economy is. This is one of the basic measurements of how good an economy is doing.

3 0

3 years ago

Sergey Brin and Larry Page are the founders of Google. Most would agree that they have a superb product, but in order to grow, t

SVETLANKA909090 [29]

Answer:

The correct answer is b) organizing.

Explanation:

The organization of a company (business organization) is an administrative function that includes the organization, structuring and integration of the organic units and the resources (material, financial, human and technological) of a company, as well as the establishment of its attributions and relations between these.

The organization is the second administrative function after planning and before management and control. This allows for a better allocation and more efficient use of the company's resources necessary to carry out the activities and tasks necessary in turn to develop and apply the strategies and achieve the objectives established in the planning; but it also allows a better coordination between the different organic units of the company, and a better control of the personnel's performance as well as the results.

8 0

3 years ago