Answer:
$368
Explanation:
Bad debts also known as uncollectible expenses are the portion of the accounts receivable in accrual accounting that have to be written off as they are eventually not paid by the accounts receivable.
One of the ways of estimating bad debt is allowance method , which is expressing a bad expenses as a percentage of credit sales based on experience and past records.
Days past due balance % uncollectible
Current 11,000 1% 110
30-60 days 2,400 3% 72
61-90 days 1,700 6% 102
Over 90 days 840 10% 84
Total 368
Bad debt expenses to be recognized is $368
Answer:
option (b) 3
Explanation:
Data provided in the question:
AC = 2Q + 3,
MC = 4Q + 3
Here,
Q represents the firm's output in units
and costs are measured in dollars
Market price = $15
Now,
At the condition of profit-maximizing
Market price = MC
or
⇒ $15 = 4Q + 3
or
⇒ $15 - $3 = 4Q
or
⇒ 4Q = $12
or
⇒ Q = 3 units
Hence,
The answer is option (b) 3
Answer:
The Actuarially Fair Premium that Tom have to pay for hid Health Insurance is $4,160
Explanation:
To compute the amount that Tom have to pay for Health Insurance is;
Actuarially Fair Premium = (Probability of actuality ill × Payments incurred) + (Probability of not actuality ill × Payments incurred)
Actuarially Fair Premium = (20% x $20,000) + (80% x $200)
Actuarially Fair Premium = $4,000 + $160
Actuarially Fair Premium = $4,160
Marliss will want to invest her money in a savings bond to help her save money for college. The correct answer is A.
Which is to <span>Identify the target audience.
Target audience refers to the group of people that certain advertisers or publications intended to reach.
By knowing the target audience, they could create marketing campaigns that would be appealing for that specific group alone maximize their result.</span>
