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.
His firm is using a sales orientation
Sales orientation refers to a business technique that rely on it's selling and persuasion technique as their main source of income.
Company that use sales orientation usually sold a type of product that is high in price and not commonly bought by the costumers in large quantity.
Answer:
$16,700
Explanation:
The computation of the ending balance in the allowance for doubtful account is shown below:
= Unadjusted credit balance + Net credit sales × estimated bad debt percentage
= $4,100 + $210,000 × 6%
= $4,100 + $12,600
= $16,700
We simply added the unadjsuted credit balance and estimated amount after considered the estimated bad debt percentage
Which of the following is true?
b.
net cash flow + cash outflow = cash inflow
Total Cash Inflow is basically Cash Reciepts, Cash inflow from Sale of Assets and the like. Cash Outflow refers to Expenses paid, Assets purchased etc. Net Cash flow is basically the difference between Cash Inflow and Cash Outflow, It could be negative if outflow is more than inflow and positive if inflow is more than outflow.
Observing the above explanation, B Seems like the correct Option.
Answer: The real GDP per person grew by 8%. Option C is the correct option
Explanation:
To calculate the real GDP per person, we have to calculate the real GDP growth rate in respect to the growth in population and deflator rate, then multiply it with the GDP growth.
GDP deflator = Nominal GDP ÷ Real GDP
The nominal GDP which includes the addition of population will grow by 4% since the population growth was 4%
GDP deflator increase by 6%
Therefore;
Real GDP = 4% ÷ 6% = 0.66667
THE REAL GDP PER PER PERSON
12% × 0.66667 = 8.00004%
Therefore the the real GDP per person is 8%, which is less than what he said.