Answer:
Explanation:
The adjusting entry is shown below:
Bad debt expense A/c Dr $19,750
To Allowance for Uncollectible Accounts $19,750
(Being the bad debt expense is adjusted)
The computation of the Allowance for Uncollectible Accounts is shown below:
= Accounts receivable × estimated percentage + debit balance of allowance for uncollectible accounts
= $119,000× 15% + $1,900
= $17,850 + $1,900
= $19,750
Answer:
Since the market value equals face value,coupon rate =yield is 75/1000=7.5%
That is 7.5% is before tax cost of floating the bonds
At tax rate of 30%,after tax cost of floating bond =7.5%*(1-30%)=5.25%
However,with a flotation cost of 2%,the before tax cost of flotation is calculated using below formula found in the explanation section.
((75+(1000-980)/25)/(980+1000)*2)=7.66%
Since tax rate remains 30%,the after tax cost of floating the bond with floating cost of 2% is: 7.66%*(1-30%)=5.36%
Explanation:
(Interest payment+((Par value-Net Proceds Value)/number of yr)/(Net Proceds+Par value)/2
Answer:
A) that build on their strengths relative to those of their competitors.
Explanation:
Positioning refers to the position of a company in a market place. It represents that how and why the product of a company is better from the competitor product. That could be in terms of quality, quantity, price, innovation, etc
So according to the given situation, the option A is most appropriate as it fits to the current situation
Hence, all other options are wrong
Answer: The answer is A. Proven Dependability.
Explanation: An expatriate salesperson is someone who has citizenship in more than one country, and conducts business internationally. An expatriate spends time in foreign countries in order to complete work though they live in another country.
The expatriate salesperson will usually return back to their home country.
In other words, an expatriate salesperson is basically a foreign sales personnel that can at any time relocate. This type of salesperson is utilized when the need for technical approach arises.
Among the advantages of hiring an expatriate are greater technical training, better knowledge of the company and its product line, and the proven dependability of an expatriate salesperson.
Because the expatriate is not a local person, he/she will add to the prestige of the product line in the eyes of foreign customers.
Also, an expatriate is usually able to effectively communicate with and influence headquarters' personnel.
Answer and Explanation:
The computation of the real rate of return on these investment alternatives is presented with the help of a spreadsheet which is attached below:-
The formula is presented below:-
Real rate of return = (1 + Nominal rate) ÷ (1 + Inflation rate) - 1
U.S. Government T-bills = 0.49%
Large-cap common stock = 8.64%
Long-term corporate bonds = 2.67%
Long-term government bonds = 1.46%
Small-capitalization common stock = 10.10%