Answer:
the percentage of the allowance for doubtful accounts to the accounts receivable for MGM 15.92%
Explanation:
MGM accounts receivable $562,947,000
MGM Allowance for doubtful accounts $89,602,000
% of MGM allowance for doubtful accounts to the accounts receivable = Allowance for doubtful accounts / Net Accounts Receivable* 100
=$89,602,000/ $562,947,000 (*100)= 15.916= 15.92%
We can check the answer by applying the percentage to the given amount of the accounts receivable = 15.92% of $562,947,000= $ 89621,162 which is almost the same as $89,602,000. We get the slight difference in the numbers due to the rounding off as the actual percentage was 15.916
Answer:
c The economy is slowing down and headed towards recession
Explanation:
The global rating agency downgraded many home builders including Hovnanian and cited problems in the mortgage market. The financial crisis of 2008/9 was triggered by slump in mortgage market. The sales result of Hovnanian indicates decline in home sales. There seems to be a liquidity squeeze as banks stopped new lending for mortgages.
Answer:
Facilitator role
Explanation:
A facilitator is an individual who is in charge in helping a group of people to understand their various objectives and also to help to plan to achieve them without taking a specific stand in the discussion.
A facilitator makes sure that outcomes, actions and questions are properly taken down and actioned, and effectively handled afterwards.
A facilitator employs various skills, tools, exercises and natural abilities to keep a group discussion moving in the right direction.