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Furkat [3]
4 years ago
10

If a company is overly optimistic about debt collection, the company will understate bad debt expense and:

Business
1 answer:
den301095 [7]4 years ago
7 0

Answer:

overstate net income but days to collect will increase.

Explanation:

A bad debt expense is defined when any receivable is no more collectible as the customer is not able to fulfil or satisfy the obligation in order to pay the obligation of paying an outstanding debt because of some financial problems or due to bankruptcy.

Thus when any organization is more optimistic about the debt collection, it will understate the bad debt expenses and will also overstate the net income. But in this case the number of days to collect the payment increases.

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The benefits of effective listening are:
den301095 [7]
One benefit is that you are helping the other person talk through there problems

strengthen your relationship with that person

Making the other person feel appreciated

Hope this helps you have a great night!!!
5 0
3 years ago
Jorge would like to open a coffee shop. He should write​ a(n) ________ to establish the mission and objective of his organizatio
Katen [24]

Answer:

The correct option is C, business plan

Explanation:

Sales proposal is a document sent by a seller to a prospective buyer detailing the nature of the product offered and how the product could serve the interest of the would-be buyer,hence it is a wrong option.

Unsolicited proposal is a proposal sent by a private firm interested in partnering with the government on projects where the proposal was not requested by the government,as a result it is wrong choice as well.

A business plan is document showcasing the aims of objectives of the organization with clear road maps on issues such as what the business is set out to achieve,its target customer and so on

Investment proposal is aimed at bringing to light the potential benefits of a project so as to appeal to financiers.

Grant proposal is a request addressed to the government justifying the need for grant of a subsidy.

6 0
3 years ago
When business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerne
lana [24]

Answer:

Business Process Reengineering (BPR).

Explanation:

In Business Process Reengineering (BPR), when business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerned with cost or much lower-level employee input and decides to take a radical approach that involves a high risk and a lot of time, we can conclude that it has used the Business Process Reengineering (BPR).

Hence, Business Process Reengineering (BPR) is a strategic approach to evaluating and designing business processes and workflow in order to successfully achieve organizational set goals and objectives in product quality and output.

7 0
3 years ago
A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t
n200080 [17]

Answer:

He will sell 600 pizzas per week if he cuts the price by 10%.

Explanation:

Price Elasticity of demand measure the responsiveness of demand to change in the price of a product. It calculates the ratio of change in demand and change in price.

Price elasticity of demand = % change in demand / % change in price

-2 = % change in demand / 10%

% Change in in demand = -2 x 10%

% Change in in demand = -20%

Following the law of demand as price decreases the demand of the product increases. So the sale of Pizzas will be increased by 20%.

Current Sale of Pizzas = 500 pizzas

Increase in sales  = 500 x 20% = 100 pizzas

Increased sale = 500 + 100 = 600 pizzas

7 0
3 years ago
2. List what synergy is
alexira [117]

Answer:

Synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts. If two companies can merge to create greater efficiency or scale, the result is what is sometimes referred to as a synergy merge. :)

Have an amazing day!!

Please rate and mark brainliest!!

6 0
2 years ago
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