Answer:
b. Accounts receivables (gross) is reduced
Explanation:
As we know that
The journal entry to record the bad debt expense is
Bad debt expense A/c Dr
To Allowance for doubtful debts
(Being allowance of uncollectible accounts are recorded)
By passing this journal entry, both bad debt expense and the allowance for doubtful debts which result in a decrease in the net income and the balance of account receivable but the gross of account receivable would remain the same.
Answer: globalization
Explanation:
Globalization is simply the process by which organizations or businesses start
their operations on international scale or start having international influence.
Despite the advantages of globalization such as allowing several goods and services to be affordable in different countries, improvement in productivity, employment opportunities etc, one challenge is that expanding operations in countries where verbal expressions and gestures do not have the same meaning could pose a difficulty.
Answer:
So, the maximum price per share that should place is $62.5
Explanation:
As per given data
Current Price of stock = $50
Numbers of share = 200 shares
Limit of loss = $2,500
We will use the following formula to calculate the Maximum price of stock
Total Maximum loss possible = [ ( Prefix Price of share - Current price of share ) x Numbers of shares of stock ]
$2,500 = [ ( Prefix Price of share - $50 ) x 200 ]
$2500 / 200 = Prefix Price of share - $50
$12.5 + $50 = Prefix Price of share
$62.5 = Prefix Price of share
Therefore, thee order will be stopped at $62.50
Answer:
Explanation:
Principal Payment $160
Her Employee help to add $80
Total principal is (160+80)= $240
At a rate of 0.45
For a time of 35years
We will compound her amount
Using compound interest formula
A=P(1+r/n)^nt
Where,
P = principal amount = $240
r = annual rate of interest =0.45
t = number of years the amount invested =35years
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year=12months
Therefore,
A=P(1+r/n)^nt
A=240(1+0.43/12)^35×12
A=240(1+0.03583)^420
A=240(1.03583)^420
A=240×2.641
A=$633.814
The amount is approximately $633.814
