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8_murik_8 [283]
3 years ago
13

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $308,000 and in Allowance for Uncollectible A

ccounts of $910 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. Bad debt expense for the year should be: Multiple Choice $13,230. $12,320. $11,410. $11,911.
Business
1 answer:
LuckyWell [14K]3 years ago
8 0
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what attracts you to jpmorgan chase, and specifically, an opportunity in the corporate analyst development program?
Rama09 [41]

J.P. Morgan takes great satisfaction in its distinctive strategy for corporate responsibility. It works to make a difference that will last in our neighborhoods and provide everyone an opportunity to climb the economic ladder.

Why do you use the word "corporate"?

Corporate refers to a group of large enterprises or a specific large company. For corporate clients as opposed to private ones, interest rates are greater. Both the economy and business earnings are expanding. Corporate refers to a group of large enterprises or a specific large company.

Does "private" imply "corporate"?

English definition of a private corporation. a corporation whose assets are never listed on a stock exchange and are owned be just one man or a small number of people, such as a family: The company is an privately held enterprise.

To know more about corporation  visit:

brainly.com/question/28097453

#SPJ4

3 0
1 year ago
True or False: Computing interest using the sum-of-the-digits method allocates more interest at the beginning of a loan than at
Serhud [2]

Answer:

True

Explanation:

To illustrate how the sum-of-the-digits method allocates interest we can use a lease example:

You are the lessor and you will lease a machine during 4 years. The lease requires 4 equal payments of $100,000 at the beginning of the year. After the lease, the asset's salvage value = $0.

The asset's current value = $300,000, so total interests received = $100,000

Using the sum-of-the-digits method, you will allocate interest as follows:

  • year 1 = 3/6 x $100,000 = $50,000
  • year 2 = 2/6 x $100,000 = $33,333
  • year 3 = 1/6 x $100,000 = $17,000

The largest portion of interests is allocated during the beginning of the loan.

5 0
3 years ago
Net loss means expenses is _____ gross profit?
sveticcg [70]

Answer:

net loss means expenses is ____ gross profit?

a. <em>g</em><em>r</em><em>e</em><em>a</em><em>t</em><em>e</em><em>r</em><em> </em><em>t</em><em>h</em><em>a</em><em>n</em><em> </em>

<em><u>→</u></em><em><u>b</u></em><em><u>.</u></em><em><u> </u></em><em><u>l</u></em><em><u>e</u></em><em><u>s</u></em><em><u>s</u></em><em><u> </u></em><em><u>t</u></em><em><u>h</u></em><em><u>a</u></em><em><u>n</u></em>

<em>c</em><em>.</em><em> </em><em>e</em><em>q</em><em>u</em><em>a</em><em>l</em><em>s</em>

<em>d</em><em>.</em><em> </em><em>n</em><em>o</em><em>n</em><em>e</em><em> </em><em>o</em><em>f</em><em> </em><em>t</em><em>h</em><em>e</em><em> </em><em>a</em><em>b</em><em>o</em><em>v</em><em>e</em>

Explanation:

<em><u>#</u></em><em><u>C</u></em><em><u>a</u></em><em><u>r</u></em><em><u>r</u></em><em><u>y</u></em><em><u> </u></em><em><u>O</u></em><em><u>n</u></em><em><u> </u></em><em><u>L</u></em><em><u>e</u></em><em><u>a</u></em><em><u>r</u></em><em><u>n</u></em><em><u>i</u></em><em><u>n</u></em><em><u>g</u></em>

⤵

Choi Eunbyul <3

3 0
2 years ago
The marketing team of Under Armour has come up with a strategy to advertise their shoes as a product that makes walking and runn
slavikrds [6]

Answer:

Differentiation

Explanation:

Differentiation is a marketing strategy in which a company makes a particular product unique and attractive in a way that it stands out or is distinguished from other similar products of other companies that are competitors in the same market. Differentiation gives a competitive advantage to a product against other similar products in a market segment.  

Marketing the shoes in a unique way that creates a perceived difference in the minds of customers is a good example of differentiation in marketing, as this would make the shoe unique and even get a premium price slashed on it that customers don’t mind paying.

8 0
3 years ago
Banks use a large percentage of their checkable deposits for the purpose of __________.
KiRa [710]

Answer:

B. giving loans

Explanation:

The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.  

The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.

4 0
2 years ago
Read 2 more answers
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