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Rudik [331]
3 years ago
5

Limitations of managerial economics

Business
1 answer:
dedylja [7]3 years ago
7 0
Managerial economics usually deals with the application of theories ,concepts and tools to solve the real life business problems. There are some drawbacks of this managerial economics too. Sometimes the business problems becomes very unique that the theories and methodologies becomes unable to solve the problem.
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Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts
scoundrel [369]

Answer:

The amount of uncollectible accounts is calculated as follows:

Amount of uncollectible accounts to be adjusted = 6% * Account receivables

= 6% * $138,500

=$8,310

Therefore, amount of uncollectible accounts is $8,310.

Bad debt Expenses = Opening balance of allowance for doubtful account (Credit balance) - Uncollectible account

Bad debt Expenses = $8,310 - $1,005

Bad debt Expenses = $7,305

The journal entry to record allowance for bad debts is as follows:

Account Titles and Explanation                  Debit         Credit

Bad debt Expenses                                       $7,305

Allowance for doubtful account                                      $7,305

(To record adjusting entry for bad debt)

8 0
3 years ago
Who, Inc., has offered $542 million cash for all of the common stock in Dunn IT Corporation. Based on recent market information,
Pepsi [2]

Answer:

The synergistic benefits from the merger = $38 million

Explanation:

Given:

Who Inc. offered amount = $542  million

Dunn IT current worth = $504 million

Computation of synergistic benefits from the merger  :

The synergistic benefits from the merger  = Who Inc. offered amount - Dunn IT current worth

The synergistic benefits from the merger = $542  million - $504 million

The synergistic benefits from the merger = $38 million

4 0
4 years ago
Hellppp pleaasseeeeeeeeeee
Ne4ueva [31]

Answer:

B. Power is proportionally spread to top, middle and first line managers

Explanation:

Decentralization is a do of the power structure in an organization or firm, in which the power or authority to make a decision is spread throughout each line or department of the firm or organization.

The main advantage of decentralization is that it allows swift decisions to be taken, and reduces unnecessary bureaucracy.

Hence, the statement that is correct of decentralization is "Power is proportionally spread to top, middle and first-line managers"

8 0
3 years ago
What difficulties did factory workers face?
Reptile [31]
1.<span>long hours
2.</span><span>physical stress
3.</span><span> danger of injury
4. </span><span>low wages
5. </span><span>poor working conditions
etc...</span>
6 0
4 years ago
A management perspective that emerged after World War II and applied mathematics, statistics, and other quantitative techniques
Firdavs [7]

A Management Science Perspective is a management perspective that originated after World War II and used mathematics, statistics, and other quantitative tools to managing challenges.

Management science, often known as mathematical or quantitative measurement, sees management as a logical entity whose actions may be described in terms of mathematical symbols, connections, and measurement data.

The mathematical model is the key emphasis of this technique. This device may represent management and other challenges in fundamental relationships, and if a specific goal is sought, the model can be expressed in terms that optimize that goal. This method borrows heavily from decision theory and, in fact, provides several ways for rational decision-making.

Therefore, the answer is management science perspective.

To know more about management science perspective click here:

brainly.com/question/13191706

#SPJ4

5 0
2 years ago
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