Answer:
Debit bad debt expenses with $1,680, and credit Accounts receivable also with $1,680.
Explanation:
Uncollectibles = Accounts receivable × 1.50% = $112,000 × 1.50% = $1,680
The December 31 year-end adjusting entry for uncollectibles will be as follows:
<u>Details Dr ($) Cr ($) </u>
Bad debt expenses 1,680
Accounts receivable 1,680
<u><em>Being the amount Accounts receivable estimated to be uncollectible</em></u>
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<span>This arrangement involved Milken parking in the parking spot for half of the week and Boesky parking in the space for the other half of the week. Due to the fact that they aren't parking in the spot full time, they will be saving money, which is mutually beneficial.</span>
Answer: E. the firms should manage the working capital accounts of their foreign subsidiaries the same as the foreign firms in the countries where their subsidiaries are located manage their working capital accounts
Explanation:
The options include:
a. the management of their working capital accounts is not at all similar to the management of working capital accounts in purely domestic firms.
b. their decisions regarding the management of their working capital accounts are concerned with short-run survival only because the firms don't know how long they will be able to operate in the foreign countries before the host governments expropriate their properties.
c. their decisions regarding the management of their working capital accounts often significantly affect their abilities to survive in the long-run.
d. the management of their working capital accounts is much simpler than in purely domestic firms.
e. the firms should manage the working capital accounts of their foreign subsidiaries the same as the foreign firms in the countries where their subsidiaries are located manage their working capital accounts.
A multinational corporation is an organization that produces goods or renders services in different countries apart from its home country.
Due to the different languages, political environment, culture, and different economic conditions, it is necessary for the corporation to manage the working capital accounts of their foreign subsidiaries the same as the foreign firms in the countries where their subsidiaries are located manage their working capital accounts. This is to ensure that there is uniformity across all level and to cut away discrepancies that might ensure. Even though a multinational corporation is situated in different countries, their goals must always align together.
The <u>Resources</u> element of a business process includes people or computer applications assigned to roles.
Operations management includes three degrees: strategic, tactical, and operational.
at the maximum essential level, control is a subject that consists of a fixed five well-known capabilities: making plans, organizing, staffing, main and controlling. those 5 capabilities are a part of a body of practices and theories on how to be a successful supervisor.
Operations control (OM) is the enterprise feature answerable for dealing with the technique of introduction of products and services. It entails planning, organizing, coordinating, and controlling all the assets needed to produce an organization's items and offerings.
Learn more about Operations management here
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Answer:
6.4%
Explanation:
For computing the minimum yield on investment, first we have to find out the combined ratio which is shown below:
= Projected loss percentage + expense ratio + dividend percentage
= 77.5% + 23.9% + 5%
= 106.4%
So, the minimum yield on investment required is
= 106.4% - 100%
= 6.4%
The 100% is the percentage value
We simply applied the above formula