Answer:
When the direct write-off method is used, an entry for bad debt expense is required
when the account receivable is determined to be uncollectible.
Explanation:
The direct write-off method requires that immediately an account receivable is deemed uncollectible, the amount is debited to the bad debts expense account with the corresponding credit entry in the accounts receivable account. The other method is the allowance method. Unlike the direct write-off method, the allowance method involves the debit entry to made in the Allowance for Uncollectible Accounts.
Answer:
hahah
Explanation:
hahhahahahhahahahahahahahh ahhaha
Answer:
D) per capita GDP decreased for country A only
Explanation:
Per capita GDP is calculated by dividing total GDP by the total population of the country. If the population of the country grows faster than its GDP, then its GDP per capita will decrease.
For example, country A's GDP is $100, and it has 20 citizens, so its GDP per capita for year 1 = $100 / 20 = $5. If the economy grew by 4% and the population grew by 5%, then the GDP per capita on year 2 will = $104 / 21 = $4.95.
Answer:
d. identifying local market characteristics can help the business owner better reach the market
Explanation:
Market segmentation is classifying customers into smaller groups based on various characteristics. The characteristics may include age, gender, income levels, preferences, lifestyles, and geographical locations.
Small business operates within a certain geographical area. The business owner or managers probably live in that area. The owner understands the culture, needs, and wants of the customers. The small business can, therefore, provide the goods and services that will satisfy the needs of different groups of customers.
Because a small business operates in a smaller area, its customer's needs are less likely to extremely divergent. Small businesses can, therefore, create more refine segments than a large enterprise serving customers in different regions.