Answer:
c. $33,000
Explanation:
The computation of the bad debt expense is shown below:
= Estimated uncollectible amount + debit balance of allowance for doubtful accounts
= $25,000 + $8,000
= $33,000
To find out the bad debt expense, we have to add the estimated uncollectible amount and the debit balance of allowance for doubtful accounts so that an accurate amount can come.
<span>A firm might lose its sales revenue and market share if it is unable to respond rivals market strategy to acquire market share. In the given case most probably the firm lost its market share to its rival due to their exerted efforts in one or more. </span>
The company with 79 units in stock have a Service Level of 97
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
Given that: μ = 40, σ = 20, hence for x = 79:
From the normal distribution table, P(z < 79) = P(z < 1.95) = 97.44%
Hence the company with 79 units in stock have a Service Level of 97
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Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
<h3>What is a business?</h3>
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
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Answer:
This is true.
Explanation:
Managers who use both resources from the local culture and the company's resources are highly effective. This is because to achieve business success in turbulent economies it is necessary to be clear about the cultural values of the environment in which the company's activity takes place. This added to the increase of the business performance form the main strengths of a successful company.
By evaluating and rewarding the managers for complying with these characteristics, the company can increase their performance.
