Answer:
The bad debt expense amount to $4,400
Explanation:
Bad debt expense is the expense which is not recovered by the business in the future.
The amount of bad debt expense would be computed as:
Bad debt expense = 1% of Accounts receivable + Debit balance of allowance for doubtful accounts
where
Accounts receivable is $400,000
Debit balance of allowance for doubtful accounts is $400
Putting the values above:
Bad debt expense = $400,000 × 1% + $400
= $4,000 + $400
= $4,400
Answer:
The answer is: developed a global web of value creation activities
Explanation:
By developing a web of international suppliers, Lenovo can benefit from lower prices and better quality products. For example, the computers are designed in the US and the microprocessor are also built there. Since costs in the US are higher than those in southern Asia, high quality components are produced there. Other components that are more "common or average" technology can be supplied by manufacturing firms in cheaper countries like Malaysia and Thailand.
The salary double up after 25 years based on the inflation rate of 2.9 percent
What is the rule of 72?
The rule of 72 indicates the number of years it takes an amount of money to double, it is determined as the 72 divided by the inflation rate which is also the growth rate of salary in this case.
Years to double salary=72/growth rate
growth rate=2.9(without the % sign)
Years to double=72/2.9
Years to double=25 years
Approximately , rounded to the nearest years, it would take 25 years for the salary to double.
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Answer:
The correct answer is: units-of-production.
Explanation:
In the depreciation method per production units, an annual production quantity is assigned according to the total calculation of potential units that can be produced in the useful life of the good. In order to calculate the total value, the units that were actually produced must be multiplied by the depreciation cost of each unit.
Answer: The answer is A national income plus government transfer payment
Explanation:
Explanation : Personal income is the income or amount of money earned by individuals or household over a given period of time. Personal income is calculated by adding to national income,the income received by households but not earned , and subtracting incomes earned but not received.
Income received by households but not earned including transfer payments, interest payments, while undistributed profits contribution for social insurance are included in income earned but not received. After all these additions and subtraction to and from national income, what is left that gets to the pockets of individuals and households is known as personal income.