Answer:
bad debt expense 18,000
Explanation:
bad debt 1% of credit sales:
180,000 x 1% = 18,000
When the adjustment is made base on sales, the current balance in the allowance for doubtful debts is irrelevant.
So no calculation is needed for those.
5.55 years
I/Y: 8.5
PV: 899000
PMT: -210000
FV:0
Answer:
<em>Management by </em><em><u>objectives</u></em><em> is a four-step process in which managers and employees jointly set objectives, develop action plans, review performance, and appraise and reward employees.</em>
Explanation:
Management by objectives (MBO)
<em>A </em><em>management</em><em> </em><em>system </em><em>in </em><em>which </em><em>the </em><em>objectiv</em><em>e</em><em>s </em><em>of </em><em>an </em><em>organization</em><em> </em><em>are </em><em>agreed</em><em> </em><em>upon </em><em>so </em><em>that </em><em>management</em><em> </em><em>and </em><em>employe</em><em>e</em><em>s </em><em>u</em><em>nderstand </em><em>a </em><em>common</em><em> </em><em>way </em><em>fo</em><em>r</em><em>ward.</em>
Answer:
I. Capital expenditures
III. Taxes
IV. Working capital requirements
Explanation:
Free cash flow = EBIT*(1 - tax rate) + depreciation - changes in net working capital - capital expenditure
The question is about demand in a low income consumer emerging economies.
In an Emerging Economies various types of products can be sold but we are targeting low-income customers, for which we can have a limited types of products.
The products that can be sold in an emerging economy to low income customers are;
- Low priced foods, which may include instant noodles, cheap canned foods etc.
- Low priced beauty products which may include cheap makeup, and herbal skin products.
- Low priced clothes which may include cheap t-shirts and pants.
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