Answer:
c.The result is based on either a percentage of sales or an analysis of receivables
Explanation:
Generally, companies will choose between two approaches under the allowance method.
Percentage of Sales: Using historical data, a company examines the relationship between sales and uncollectible accounts receivable. If there is a fairly stable relationship between the two, a company will use the historical Uncollectible Accounts / Credit Sales ratio to estimate the bad debts expense in the current period.
This method is sometimes referred to as the income statement approach.
Percentage of Accounts Receivable: Using historical data, a company examines the relationship between accounts receivable and uncollectible accounts. Companies will oftentimes increase the accuracy of these estimates by looking at their aging schedule for patterns, rather than using a composite (or total) of their receivables
This method is sometimes referred to as the balance sheet approach
I dont get what you are trying to ask here
1. Typically you would have higher prices because if you don't have to compete with another person to sell more product you can have the price super high and as the only person selling you can sell for as much as you want
Answer:
Martial law in the Philippines (Filipino: Batas Militar sa Pilipinas) refers to several intermittent periods in Philippine history wherein the Philippine head of state (such as the President) places an area under the control of the Armed Forces of the Philippines and its predecessor bodies
I'm unsure but i think it's <span>persecutory.
Hope this helps !
Photon</span>
