Answer:
$87.816
Explanation:
First you have to calculate the Oustanding receivables, that you can calculre with the next formula:
Oustanding receivables= Accounts recivable- Allowance for doubtful accounts
Oustanding receivables= 1.492.000 - 28.400
Oustanding receivables= 1.463.600
Now that you have the result have to multiply by the 6% to calculate the bad debt.
Bad debt = 1.463.600* 6%= $87.816
its the bad debt of Thompson Corporation's
Answer:
The correct answer is option b.
Explanation:
A sole proprietorship can be defined as a business that is run by only one person. It is not a separate legal entity and is easy to form and the owner controls the whole business.
The disadvantage of a sole proprietorship is that there is an unlimited liability. There is no distinction between private and business assets. It does not have an unlimited life, with the death of owner it is generally shut down. The main source of capital is the owner.
Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.
<h3>What are
operating decisions?</h3>
Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.
In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.
Read more about operating decisions
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Answer:
The correct answer is letter "C": basic research.
Explanation:
Basic research is a preliminary study conducted to identify certain aspects of a given item or event. The study is more informative than conclusive and leads to secondary research to acquire more details over the item or event. The reasons for conducting basic research include testing the results of a primary study to find out its relevance or saving resources in large research that bring no added value.
