Answer:
$378,000
Step-by-step explanation:
The computation of the bad debt expense for the year is shown below:
Bad debt expense = Outstanding account receivable × estimated percentage given - credit balance of allowance for doubtful account
= $6,500,000 × 0.06 - $12,000
= $390,000 - $12,000
= $378,000
We simply deduct the credit balance from the estimated balance so that the correct amount could arrive
Answer:
11%
Step-by-step explanation:
The full circle graph represents 100% of the given population. All populations are given except for "three or more." Adding all percentages of each population should add up to 100%.
No absences (none): 23%
One absence: 45%
Two absences: 21%
Three more absences: unknown.
Let the variable x represent the unknown population.
23% + 45% + 21% + x = 100%
Combine like terms.
89% + x = 100%
Subtract 89% from both sides.
x = 11%
To put it more simply, subtract all the percentages from 100% to get the percent of the missing population. 100 - 23 - 45 - 21 = 11
<span><span> combine like terms4ln(x) = 8
</span><span>divide both sides by 4.ln(x) = 2
</span><span>exponentiate both sides.<span>eln(x) = e^2</span>
</span><span>inverse property of exponents and logs <span>x = e^<span>2
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