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yaroslaw [1]
3 years ago
11

Give the six steps involved in the decision making process​

Business
1 answer:
krok68 [10]3 years ago
6 0

Answer:

DECIDE

Explanation:

D - define the problem

E - establish the criteria

C - consider all alternatives

I - identify the best alternative

D - develop and implement a plan of action

E - evaluate and monitor the solution and give feedback when necessary

hope this helps please like and mark as brainliest

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At the end of the current year, the accounts receivable account has a debit balance of $762,000 and sales for the year total $8,
Nadya [2.5K]

Answer:

a. Adjustment for bad debts expenses in scenario a - $ 32,900

b. Adjustment for bad debts expenses in scenario b - $ 22,700

c. Adjustment for bad debts expenses in scenario c - $ 72,700

d. Adjustment for bad debts expenses in scenario d - $ 73,500

Explanation:

Computation of bad debts adjustment under scenario a

Receivables balance                                                                   $    762,000

Sales                                                                                             <u>$ 8,640,000</u>

Estimated bad debts expenses 1/2 % of sales                           $      43,200

Pre adjustment balance of allowance for uncollectible            <u>$ (     10,300)</u>

Adjustment to provide doubtful accounts                                  $      32,900

Computation of bad debts adjustment under scenario b

Estimated bad debts expenses based on ageing                     $      33,000

Pre adjustment balance of allowance for uncollectible            <u>$ (     10,300)</u>

Adjustment to provide doubtful accounts                                  $      22,700

Computation of bad debts adjustment under scenario c

Receivables balance                                                                   $    762,000

Sales                                                                                             <u>$ 8,640,000</u>

Estimated bad debts expenses 3/4 % of sales                           $     64,800

Pre adjustment balance of allowance for uncollectible DR.      <u>$       7,900</u>

Adjustment to provide doubtful accounts                                  $      72,700

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

Computation of bad debts adjustment under scenario d

Estimated bad debts expenses based on ageing                     $      65,600

Pre adjustment balance of allowance for uncollectible  DR      <u>$        7,900</u>

Adjustment to provide doubtful accounts                                  $      73,500

The pre adjustment balance is a debit balance of $ 7,900, so it has to be added to the required allowance balance

4 0
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Societies make choices about goods and services based on the availability of A. land B. workers C. resources D. new technology P
kati45 [8]

Answer:

c

Explanation:

Resources are means or factors used to produce goods and services that satisfy human wants.

Human wants and that of the society is unlimited but the resources available to satisfy these wants are limited. As a result, economic agents must make decisions based on the availability of resources.

Resources include :

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An analysis of the stability or instability of a government is an example of scanning which environment?
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Learn more about political environment here

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Which african american is famous for breaking into major league baseball?
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Jackie Robinson- Jackie played American pro baseball, Jackie was the first African American to play baseball for the Mlb in the modern era. Jackie was the second baseman. Jackie was born 1-31-1919 in Cairo GA and died 10-24-72 in North Stamford, CT due to a heart attack Jackie played for the brooklyn dodgers and was number 42
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The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current year:Preferred 2
SIZIF [17.4K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
3 0
3 years ago
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