Answer:
$1,080
Explanation:
Calculation for the amount that should be debited to Bad Debts Expense
Using this formula
Bad Debts Expense=Net Sales× Percentage of net credit sales uncollectible.
Let plug in the formula
Bad Debts Expense=180,000 credit×0.6%
Bad Debts Expense=$1,080
Therefore the amount that should be debited to Bad Debts Expense when the year-end adjusting entry is prepared will be $1,080
<u>Answer:</u>
<em>As a company grows, it may become necessary for it to create an </em><u><em>Organizational chart</em></u><em> which is a visual display of the organizational structure which contains lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.</em>
<em></em>
<u>Explanation:</u>
The organization chart is a chart indicating the connection of one department graphically to another, or others, of an organization. It is additionally used to show the relationship of one office to another, or others, or of one capacity of an association to another, or others.
Using the organization chart continuously, show the "structure of a business", government, or other association. Organization diagrams have an assortment of employments and can be organized from multiple points of view.
Answer:
The Correct options are A and B
Explanation:
CRM system is the kind of system, which is defined as the system which stores or accumulates the customer account data in common or a single database and then make the data available through the company or business via intranet, internet and other links of network.
So, the components which it involve regarding the system are that this system is the data warehouses and the databases and it is a tool which is sophisticated analytical one.
Answer: C. The employees will receive a share of profits as part of the company's ESOP.
Explanation:
The retirees can still get a portion of profits if they are part of an Employee Stock Ownership Plan.
ESOP is a pretty standard thing these days with companies where they reward their employees with shares in the company.
Seeing as the company is making too little to be able to keep paying Retirement benefits, the retirees being owners of Stock can still partake in the earnings that the company makes when they distribute dividends.
Answer:
The correct answer is option c.
Explanation:
A firm is able to maximize its profit when the marginal revenue earned is equal to the marginal cost incurred. This is true for all market structures whether competitive or imperfect competition.
When the output is produced at the point where marginal revenue and marginal cost are equal, it implies that the last unit produced is adding more to revenue than to costs. And the production of the last unit is increasing profits or reducing losses.
At this point, the marginal profit is zero when the marginal profit becomes negative it implies that the total profit is decreasing. so for profit maximization marginal profit should be zero or marginal revenue should be equal to marginal cost.
