Answer:
$5,230
Explanation:
Account receivable balance = $310,000
Credit balance in allowance for uncollectible accounts = $970
Given percentage = 2%
So by considering the above information, the bad debt expense is
= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts
= $310,000 × 2% - $970
= $6,200 - $970
= $5,230
Marketing strategies are not whole-company plans.
Explanation:
A marketing strategy relates to a company's overall strategy that seeks to attract and transform buyers of the goods or services the company provides into customers. The company's value proposition, primary advertising branding, consumer target preferences details and other components are included in a marketing strategy.
Marketing strategies would preferably be broader than specific marketing plans, as they contain meaning ideas and other key elements of a brand that are largely consistent on a long-term basis. In certain words, marketing strategies provide broad-based advertising while marketing plans identify detailed campaign logistic information.
Answer:
B) A credit to Revenues-Change in Fair Value of Investments in the amount of $100,000.
Explanation:
Government entities have to record transactions using the fair market value of assets. In this case, the fair market value was $100,000 higher than the cost of the transferred investments. So that difference has to be adjusted using the Revenues-Change in Fair Market Value of Investments account.
Answer: C. Corporate-level
Explanation: Corporate-level strategy are strategies Implemented by most Corporations in order to set a strategic agenda for the organization. Most Corporate level strategy are meant to be implemented in all units and areas of a business organization. Corporate-level strategy are dynamic in nature,they can be changed based on prevailing market conditions which may pose some threat to the full Implementation of the strategy, Corporate-level strategy are also meant to last a long time.