Answer:
$3,325
Explanation:
Bad Debt Expense = Allowance for uncollectible accounts 2022 - (Allowance for uncollectible accounts 2021 - Written off in accounts receivable
Bad Debt Expense = $4,100 - ($1,400 - $625)
Bad Debt Expense = $4,100 - $775
Bad Debt Expense = $3,325
So, the bad debt expense for 2022 would be $3,325.
Answer:
Soooooooooooooo the examples of secondary consumers include bluegill, small fish, crayfish and frogs.
Explanation:
Answer:
Option (b) is correct.
Explanation:
The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.
Consumers surplus = Willingness to pay for the product - Actual amount paid for the product
Producers surplus = Actual amount received for the product - Willingness to accept for the product
Answer:
b. 30%
Explanation:
The computation of the percentage increased in sales from the previous year to the current year is shown below:
= (Current year Sale - Preceding year Sale) ÷ (Preceding year Sale
)
= ($325,000 - $250,000) ÷ ($250,000)
= ($75,000) ÷ ($250,000)
= 30%
Hence, the correct option is b. 30%
We simply applied the above formula to determine the percentage increased in sales