Answer:
the amount of bad debt expense for the year 2020 is $36,000
Explanation:
The computation of the amount of bad debt expense is shown below:
= Estimation of 3% net sales that would be uncollectible
= 3% of ($1,500,000 - $300,000)
= 3% of $1,200,000
= $36,000
Hence, the amount of bad debt expense for the year 2020 is $36,000
The same is to be considered
Answer:
Cost of gasoline = $466.9
Explanation:
given data
miles in the trip = 3,700-mile
1 gallon = 23 miles
average price of gas = $2.90 per gallon
solution
we get here no of gallon required for the trip is express as
no of gallon required for the trip =
= 160.87 gallon = 161 gallon
so we get here now Cost of gasoline that is
Cost of 161 gallons = Cost of gasoline for 3700 miles trip
Cost of gasoline = $2.90 per gallon × 161 gallon
Cost of gasoline = $466.9
I think the answer is b. Sorry if it isn't it is just a guess.
Answer:
A policy that provides coverage for losses over an extended period of time up to a maximum benefit limit is known as Lifetime Limit Policy.
Explanation:
This policy is also know as Lifetime Maximum Benefit or Maximum Lifetime Benefit Policy where an insured individual will get paid the maximum amount of any health plan during his entire lifetime.
This policy has proved much beneficial for the people because they get a sign of relief without any kind of worry, if their medical treatment exceeds their allocated or allowed limit.
These policies particularly are limited only to the essential medical services, but here it needs to be defined what does this essential services means. Because the services considered as essential by one person might not be of the same importance for another person.
<u>Quality management</u> is a management approach that establishes an organization-wide focus on quality.
Management is the administration of an organization, whether or not it is a business, a non-profit organization, or a government body. It is the artwork and science of managing sources of the enterprise.
It is something that directs group efforts towards the attainment of certain pre-determined goals. “management” is the system of working with and through others to effectively achieve the desires of the organization, by effectively using confined assets in the changing world. Originally identified by Henri Fayol as 5 factors, there are now 4 commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling.
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