Answer: All of the options are correct.
Explanation:
The Allowance for Doubtful Account is a contra account because it reduces the value of the Accounts Receivable Account and does so in order to account for the possibility that some customers will not pay the amounts they owe.
It is credited when Bad debts are estimated and recorded; that way this reduction in Accounts receivable does not have to go out of the Accounts Receivable account directly.This will ensure that the Accounts Receivable Account is not volatile as it attempts to keep up with all the bad debts incurred.
It should be noted that one of the reasons service failures need to be addressed quickly is to avoid negative word of mouth from upset customers.
According to the question, we are to discuss reasons service failures need to be addressed quickly and what the failure to do so can bring.
As a result of this we can see that doing this can avoid negative word of mouth from upset customers, which directly prevent the potential customer from not patronizing.
Therefore, avoiding negative word of mouth from upset customers serves as the reasons service failures need to be addressed quickly.
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If the question is asking whether the statement is true or
false, the answer is true. A concurrent condition is considered to be a
condition that likely to occur or perform when paired or associated with
another condition in which is similar in the statement above where each party’s
performance is conditioned on the performance of the other.
Answer:
The bond will not be called.
Explanation:
The yield to maturity (YTM of, is the internal rate of return (overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond is held until maturity, and that the principal payments are made on schedule, it is equal to the current price of the bond.
YTM equals the expected rate of return under certain assumptions like the bond will not be called.
Answer:
Market segments are the relatively homogenous groups of prospective buyers that result from the market segmentation process.
Explanation:
Market segments are the relatively homogenous groups of prospective buyers that result from the market segmentation process.
A market segment is a category of customers who have similar likes and dislikes in an otherwise homogeneous market. These customers can be individuals, families, businesses, organizations, or a blend of multiple types.
Market segments are known to respond somewhat predictably to a marketing strategy, plan, or promotion.