Yes it would soo the answer s true
Answer: D. Reference group
Explanation: A reference group is usually used to make comparison. Generally, reference group could be an individual or a group of people which are used as a basis or standard for evaluating or comparing the behavior another individual or group. Individuals or groups being compared may to to emulate the belief, norms or attitude of the reference group.
Beverage companies employ attractive young ladies 'models' to serve as reference groups so that visitors will tend to be attracted or emulate their behavior or action so as to boost sales and increase revenue.
The W-4 is the name of the Tax form that will determine how much money is withheld from your paycheck for federal and state income taxes.
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What is the W-4 Form?</h3>
The Form W-4 is the form that tells about an employee's amount of income, deductions and other additional amount to withhold from each paycheck for computation of amount of federal income tax to deduct and withhold from the employee's pay.
In conclusion, the W-4 is the name of the Tax form that will determine how much money is withheld from your paycheck for federal and state income taxes.
Read more about Form W-4
<em>brainly.com/question/16076071</em>
Answer:
Debit : Allowance for doubtful debts - $62,000
Explanation:
An account for allowance for doubtful debts is a contra account created, predicting that certain debtors will not be able to pay for the goods and services they purchased. This can be based on historical experiences. Doubtful debts aren’t officially uncollectible, it is simply an estimation made, but bad debts are, where you have officially written off a certain accounts receivable as uncollectible.
An allowance for doubtful debts is recorded in the balance sheet, directly under accounts receivables. Bad debts are recorded as an expense in the income statement.
The question states that the company had recorded $62,000 as a bad debts expense in its income statement. In order to do this, the company would have first made an estimate of bad debts known as the allowance for doubtful debts where:
Debit : Bad Debts
Credit : Allowance for doubtful debts
When the amount is officially declared uncollectible as in this case, the allowance for doubtful debts account will be debited with $62,00 and the accounts receivables account will be credited with $62,000 meaning that the money would not be expected to be received from that debtor anymore.
Answer: 55.39%
Explanation:
From the question, we are informed that Tim purchased a bounce house one year ago for $6,500 and that during the year it generated $4,000 in cash flow and if he sells the bounce house today, he could receive $6,100 for it.
His rate of return will be:
= [($6100 + $4000) - $6500]/$6500 × 100
= ($10100 - $6500)/$6500 × 100
= $3600/$6500 × 100
= 0.5539 × 100
= 55.39%
