Answer:
d. A debit to Allowance for Uncollectible accounts and a credit to accounts receivable
Explanation:
In an entity using the allowance method all write offs of receivables are routed through the allowance account.
The allowance account is credited with the estimated amount of uncollectible accounts and the bad debts expense account is debited.
When an account receivable is written off it is debited to the allowance for uncollectible accounts is debited and receivable accounts is credited.
The correct answer is C. Edgar arranges a meeting with his instructor after missing class due to illness.
Explanation:
Resilience is considered as the ability to recover from adverse events and adapt to changes. In terms of time-management, resilience implies using time efficiently despite unexpected or negative events. This ability is shown by Edgar because he dealt positively with a negative unexpected event, which was missing class due to illness, and he could manage time efficiently and adapt despite this event. Thus, the student that shows resilience is relation to time-management is Edgar.
Answer:
People can influence a stock price.
Explanation:
If more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.
Answer:
The highest price for the stock is $22.00
Explanation:
Hallowell Inc has a free cash flow of $2.5 million and 1.25 million shares.
The cash flow ratio for the company is 11.
Solution:
For one stock the cash flow ratio is 11.
Then the highest price we should pay is $22.00.
So we should pay $22.00 for one stock.
Therefore the highest price we should pay for the stock is $22.00
Answer: strategies regarding product, price, place, and promotion.
Explanation:
The marketing mix of a business are those parameters that a business can adjust in order for the business to have the desired sales in a market. The marketing mix can easily be influenced by the business and it involves the; product to be sold, price at which product is sold, location of sales and promotions.
