Answer:
$508,000
Explanation:
Outstanding Receivables as on Dec 31 = $6,500,000
Required uncollectible receivables = 8% of $6,500,000 = $520,000
Less Opening allowance for doubtful debts <u>$12,000
</u>
Allowance to be recognized this year <u>$508,000 </u>
Answer:hahah
Explanation:u are so unsmart hahah lol
Answer:
Total value added to the GDP is $500,000.
Explanation:
Given that,
Automobile factory uses parts that are purchased from foreign countries = $100,000
Total cars produce = 30
Price of each car = $20,000
Total cars sold = 20
Left in inventory = 10
Therefore,
Addition to GDP:
= Total value of car produced - Imports(parts purchased from foreign countries)
= (Selling price of each car × Total cars produced) - $100,000
= ($20,000 × 30) - $100,000
= $600,000 - $100,000
= $500,000
Hence, total value added to the GDP is $500,000.
Answer: Group A
Explanation:
Price Elasticity of demand refers to the sensitivity of quantity demanded given a change in price. In other words, how much will quantity demanded change if price changes. Higher elastcities mean that when prices change, their quantity demanded changes more. For instance, an elasticity of demand of 2 means that when prices rise by 2%, demand will decrease by 4%.
The group that will be paying the most therefore will have to be the group that is least sensitive to paying that high price. That would be Group A. As they are not very sensitive to price changes with an elasticity of 0.2, the Monopoly can increase their price to a higher point than others knowing that they won't demand less goods.
I think the answer would be data mining. It is the use of a variety of statistical analysis tools in marketing research to uncover previously unknown patterns in data or relationships among variables. It is a process of making patterns from a large data by use of different methods. Hope this helps.
