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Bogdan [553]
3 years ago
7

The existing balance in Allowance for Doubtful Accounts is considered in computing bad debts expense in the A. direct write-off

method. B. percentage of receivables basis. C. percentage of sales basis. D. percentage of receivables and percentage of sales basis.
Business
1 answer:
AlexFokin [52]3 years ago
8 0

The correct answer is choice b - the percentage of receivables basis.

When an accountant is calculating the bad debts expense they will take into account the balance in the Allowance for Doubtful Account when they are calculating on the percentage of sales basis.

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Place a fraud alert on your credit report ?
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3 years ago
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​DeShawn's Detailing is a service that details cars at the​ customers' homes or places of work.​ DeShawn's cost for a basic deta
tensa zangetsu [6.8K]

Answer:

DeShawn not take offer engine detailing service

Explanation:

given data

cost = $40

charges = $75

total price = $90

additional charges = $20

to find out

Should DeShawn continue offer

solution

we know here De shawn marginal benefit is

marginal benefit = total price - charges

marginal benefit = 90 - 75

marginal benefit = $15

and

we have given additional charges is $20

so

we see marginal cost here less than the marginal revenue

so DeShawn not take offer engine detailing service

8 0
3 years ago
Economic agents who borrow funds are known as debtors ​, the funds that they borrow are referred to as credit ​, and this activi
Alja [10]

Answer: Loan-able funds market

Explanation:  

 The loan-able funds market is one of the type of economics based market that helps in determining the various types of supply an the demand loan- able funds in the market.

The borrowing an the crediting are the process that comes under the loan-able funds market activities. In this process, the people are borrowing the funds for the investment purpose instead of using in the personal consumption.  

 Therefore, Loan-able funds market is the correct answer.  

7 0
3 years ago
At the best answer for the question
Alex Ar [27]

Answer:

The correct answer is D. Retail.

Explanation:

Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.

5 0
2 years ago
Consider the following information for three stocks, Stock A, Stock B, and Stock C. The returns on each of the three stocks are
hichkok12 [17]

Answer:

b. 5.0%

Explanation:

For this question, we use the Capital Asset Pricing model (CAPM) formula that is shown below:

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

where,

The Market rate of return - Risk-free rate of return) is also known as the market risk premium

So, for stock A, the market risk premium is

10% = 5% + 1.0 × market risk premium

10 - 5% = 1.0  × market risk premium

5% ÷ 1.0 = market risk premium

So, the market risk premium is 5.0%

4 0
3 years ago
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