Answer:
1. $31,000
2. $40,000
Explanation:
1. Computation of bad debt expenses for the year
Bad debt expenses = Credit sales × Bad debts expenses
= $1,550,000 × 2%
= $31,000
2. Computation of year end balance
Year end balance = Beginning balance + Bad debt expense - Written off
= $31,000 + $31,000 - $22,000
= $40,000
Therefore for computing the bad debt expenses and year end balance we simply applied the above formula.
There are many variables that affect both retention of skill and the ability to transfer it; such variables are the frequency of practice blocks, amount of practice, homogeneity of tasks etc. It is important to distinguish between ability to perform and ability to teach. While ability to perform goes up, it is probably that at some point, certain parts of the motor skill become automated; the recnstruction process is not needed anymore and the reflex is automatic. Due to this, an individual might have high ability to perform, while low ability to teach. When there are only a few repetitions, automations have not set in yet and the experimental subject is conscious of the whole process; he has to mentally reconstruct it and thus it is easier for him to transfer his knowledge to another.
Answer: $14,426.43
Explanation:
At the end of 4 months and assuming a 12 months and 365 days in a year, the formula to be used to calculate how much Rahul owes is;
We use the formula:
Amount owed = Present Value ( 1 + rate/365 ) ^ 365 * time period
Amount owed = 14,000 * ( 1 + 0.09/365 ) ^ (365 *4/12 )
Amount owed = $14,426.43
Answer:
Explanation:
Real Estate Recovery Trust Account are accounts that are funded by administrative penalties and dispersed to consumers that are owed damages due to a license holder's conduct and subsequent inability to pay. These licence holders may be charged an additional $10 fee on the renewal date in order to make up for the substantial drain, or receive a special assessment if the replenishment is urgent.
