Allowance for Doubtful Accounts has a debit balance of $500 at the end of the year, before adjustment, and uncollectible account
1 answer:
You might be interested in
Answer:
for minimum cost the intersection point should be calculated i-e
By using calculator
As x can't be negative so x=0.4828
It's the minimum value because as we decrease the operating cost further the capital value will increase so this is the minimum value.
Graphical solution:
