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3 years ago

What do you need to become a business development manager

1 answer:

6 0

you need a standard education in math, english, IT and some employers might require a degree. a sales/ management background experiecne is also sometimes required

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What types of decision need to be made by groups?

Aleks04 [339]

Trust, responsibility, and hardworking.

5 0

3 years ago

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of t

andriy [413]

Answer:

c. the analysis of receivables method.

Explanation:

In accounting for uncollectible receivables, the balance in Allowance for Doubtful Accounts will directly impact the amount of the adjustment when applying the analysis of receivables method.

The uncollectible account for receivables includes loans, credit sales or other debts that the business isn't expecting payment for and they are recorded as bad debt expense on the balance sheet.

The allowance for doubtful account method is used to account for the bad debt expense, and recorded before the bad debt occurs.

Basically, there are two (2) main methods of determining uncollectible accounts for receivables under the allowance method, these are;

1. The analysis of receivables method.

2. The percentage of sales method.

In this scenario, we are more concerned with this;

The analysis of receivables method is used to determine uncollectible account for receivables based on the age of respective accounts receivable.

4 0

3 years ago

If a monopolist increases sales from 100 to 101 units of output by lowering its price from $4.00 to $3.99, its marginal revenue

Goshia [24]

Answer:

Marginal revenue is $2.99

Explanation:

A monopoly is defined as a situation where a single supplier determines the price and amount of a good that will be supplied.

Marginal revenue is defined as the additional revenue that is earned from increased unit of sale of a product.

The initial revenue earned is 100 units* $4= $400.

The present revenue is 101 units* $3.99= $402.99

Therefore the additional revenue is 402.99-400= $2.99

8 0

2 years ago

Read 2 more answers

The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................

Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................ $0.9432

Premium = $0.0049

90-day forward.......................... $0.9531

Spot............................................ $0.9432

Premium = $0.0099

180-day forward........................ $0.9594

Spot............................................ $0.9432

Premium = $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0

3 years ago

A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper Fixed costs Variabl

shtirl [24]

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $192,000

Unitary variable cost= $320 per week

Selling price per unit= $480 per week

To calculate the total cost, we need to use the following formula:

Total cost= fixed costs + unitary variable cost*number of units

Total cost= 192,000 + 320*number of weeks

Now, the total revenue:

Total revenue= selling price per week*Number of weeks

Total revenue= 480*x

Finally, the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 192,000 / (480 - 320)

Break-even point in units= 1,200 campers

3 0

2 years ago