The main benefit of a technical school certification is

for 2018 rahals auto parts estimates bad debt expense at 1% of credit sales. rahals bad debt expense is

pav-90 [236]

Answer:

the question is incomplete, so I looked for the missing information:

The company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at December 31, 2020. During 2021, Rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. Rahal's final balance in its allowance for uncollectible accounts at December 31, 2021, is:_________

accounts receivables at the end of the year = $86,500 + $404,000 - $408,000 - $2,340 = $80,160

bad debt expense = (total credit sales x 1%) + beginning balance of uncollectible accounts - bad debt written off = ($404,000 x 1%) + $2,100 - $2,340 = <u>$3,800</u>

7 0

3 years ago

The best explanation of why Gulf airlines are giving U.S. legacy carriers stiff competition is that the Gulf carriers:

EleoNora [17]

Answer:

C. offer better service for lower costs than do the U.S. legacy carriers.

Explanation:

Globalization is best described as a process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade and investment barriers, advances in telecommunications, and reductions in transportation costs.

The strategic foundations of the globalization hypothesis are based primarily on cost reduction, which benefits the company in beating the rivals in the global market.

In the given case, Gulf airlines are giving U.S. legacy carriers stiff competition because Gulf carriers offer better service for lower costs than do the U.S. legacy carriers.

4 0

3 years ago

A firm has fixed operating costs of $650,000, a sales price per unit of $20, and a variable cost per unit of $13. at a base s

Kobotan [32]

The firm's degree of operating leverage is 1.23. Operating leverage is the measure of the degree to which a firm or project incurs a combination of fixed and variable costs. Businesses have more leverage when they have more sales resulting in a high gross merger and less fixed and variable costs.
To solve: Change in EBIT percent / change in sales percent

8 0

3 years ago

Chicago Investors, Inc. is interested in preserving a certified historic structure in downtown Chicago in 2019. The building wil

zloy xaker [14]

Answer:

correct answer is a. $4,045,400

Explanation:

given data

building cost = $2,000,000

Rehabilitation cost = $2,500,000

discount rate = 5%

factor = 3.546

solution

we get here after-tax cost after claiming the Rehabilitation

so first we get here total cost that is = $2,000,000 + $2,500,000

total cost = $4,500,000

and here tax saving by credit will be

tax saving by credit = $2,500,000 × 20%

here 20% credit is allow for qualify expenditure that is made to rehabilitate

tax saving by credit = $500,000

and here credit spread for 5 year it mean $100,000 per year

so here Current year credit is = $100,000

and Present value of credit for the years 2-5 = $100,000 × annuity factor

= $100,000 × 3.546 = $354,600

so here Present value of credit will be = $354,600 + $100,000

Present value of credit = $454,600

and

After tax cost of credit will be as

After tax cost of credit = $4,500,000 - $454,600

After tax cost of credit = $4,045,400

8 0

3 years ago

U.S. exports create a:____.

alisha [4.7K]

Answer:

B) Supply of foreign currencies and a supply of dollars in the foreign exchange markets

Explanation: just search it up they don't demand for foreign currencies they supply of foreign currencies

5 0

3 years ago