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Answer:
$378,000
Step-by-step explanation:
The computation of the bad debt expense for the year is shown below:
Bad debt expense = Outstanding account receivable × estimated percentage given - credit balance of allowance for doubtful account
= $6,500,000 × 0.06 - $12,000
= $390,000 - $12,000
= $378,000
We simply deduct the credit balance from the estimated balance so that the correct amount could arrive
Answer:
(0,9) (-1,0), (2,0), (3,0),
Step-by-step explanation:
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Convert percentages to units.
100% - 20% = 80% = 0.8
100% - 25% = 75% = 0.75
Then multiply those together:
0.8*0.75=0.6=60%
100% - 60% = 40%. That's the overall price percentage reduction.
P.S. You can convert percentages to units by diving % by 100 for example 100% divided by 100 is equal to 1.
And vice versa aka multiply units by 100 and you get %, for example 0.8 times 100 is 80%
Answer:
A, C, E
Step-by-step explanation: