Answer:
The correct answer is debit to Bad Debt Expense.
Explanation:
Taking into account the nature of both accounts, the registration of an account receivable is considered an asset taking into account that it is a callable value for the sale of products or services on credit, for which reason it is recorded in the debit to increase the company rights. In the exposed case, where the debt is considered uncollectible after exhausting many resources, the record is to recognize an expense (debit nature), against a credit to the account receivable with the objective of recognizing in the accounting the loss in the expense and the cancellation of the right in the asset.
Answer:
• It could prevent a will from going into probate
•It avoids confusion if the primary beneficiary on dies first
•It allows for another option if the primary beneficiary cannot inherit it
Explanation:
A Secondary beneficiary otherwise known as contingent beneficiary is a person or an entity who has been named in a Will, insurance policy or trust to inherit assets therein should the main or primary beneficiary dies before the grantor.
Secondary beneficiary is important because should the primary beneficiary dies first, he is entitled to the benefits therein inorder to avoid confusion as to who should inherit the deceased's assets. It is also important because it provides other option where the primary beneficiary is not able to inherit the will i.e not found at the time of grantor's death or disclaim inheritance in the will, the secondary beneficiary inherits same and also prevent the will from going into probate i.e allowing it to pass through the court process which is oftentimes time consuming .
Answer: expected rate of return on the market=12.77%
Explanation:
Given that
Expected return =15.72 percent
beta =1.33
Risk free rate=3.82 percent
According to the CAPM FORMULA,
Expected return = Risk free rate+ Beta( expected rate of return on market - Risk free rate
15.72% = 3.82 % + 1.33 ( Em - 3.82%)
0.1572=0.0382+ 1.33 Em - 0.050806
0.1572- 0.0382+ 0.050806 = 1.33 Em
0.169806=1.33Em
Em = 0.169806/1.33
=0.12767 x 100
12.767 ≈12.77%
expected rate of return on the market=12.77%
<h2>Answer:</h2><h3>Recently, the Vetican issued an article which says ads should follow three moral principles - Truthfulness, Social Responsibility and Upholding Human Dignity. Generally, big companies never lie as they have to prove their points to various ad regulating bodies.</h3><h3>Reviewing these ethical principles which are at the foundation of the guidelines often helps to clarify the issues involved in a given situation. The five principles, autonomy, justice, beneficence, nonmaleficence, and fidelity are each absolute truths in and of themselves.</h3><h3>
Ethics in advertising is important, because by acting ethically with their advertising, a company is being responsible towards the needs of the customer. ... Companies need to show they have morals when advertising to consumers, because that makes consumers' feel like the company cares about what they need</h3>
Risk mitigation involves reducing the impact of a risk event by reducing the probability of its occurrence. To mitigate means to make something less bad or less severe so in this case if a risk turned out to be a negative reality, risk mitigation should be a part that you've already planned so you could easily solve it and move on with the project.