Answer:
e. The managers of established, stable companies sometimes attempt to get their state legislatures to impose rules that make it more difficult for raiders to succeed with hostile takeovers
Explanation:
A hostile takeover refers to a type of corporate merger or acquisition that is carried out against the wishes of the managers of the target company. As a result the stable organisations management attempt to get their state legislatures impose their administrative regulations; thus making it far more difficult for the corporate raider to succeed in hostile takeovers. Moreover the management usually does not prefer the hostile takeovers
Answer:
$4,713
Explanation:
The formula and computation of the present value are shown below:
= Future value ÷ (1 + rate)^number of years
= $38,000 ÷ (1 + 0.11)^20
= $4,713
This (1 + rate)^number of years is also known as the discount factor which helps to calculate the amount of the present value
We simply apply the above formula so that the accurate value can come
Social security spending is what would help out everyone , not just the military . Additional money spent on social security would greatly help out
Answer: Bad Debt Expense 28,000 Allowance for Doubtful Accounts 28,000
Explanation:
Account receivable = 300,000
Percentage uncollectible = 10%
Current balance = 2000
Adjustment to allowance for uncollectible accounts is given by :
(Account receivable ×percentage uncollectible) - current balance
(300,000 × 10%) - 2000
(300,000 × 0.1) × 2000
30,000 - 2000 = 28,000
Therefore, adjustment should be :
bad debt expense debit 28,000
allowance for doubful account credit 28,000
