Answer:
b. The balance of the Allowance for Doubtful Accounts will be $22,000 after adjustment.
Explanation:
If credit losses are estimated at 1% of credit sales than balance of allowance for doubtful account after adjustment will be = $6,000 + $1,600,000 * 1%
= $6,000 + $16,000
= $22,000
Answer:
a) 
b) 
c) For this case we have the total sales $ 15 millions after t =4 months
d) 
e) This value represent the increase in the amount of sales in millions after t=4 months
Explanation:
For this case we have the following function for the sales
Part a
For this case we want to find the derivate of S respect to t and we got:
Part b
For this case we want to find the value of S when t = 4 so if we replace we got:
Part c
For this case we have the total sales $ 15 millions after t =4 months
Part d
For this case we just need to replace t=4 in the derivate and we got:
Part e
This value represent the increase in the amount of sales in millions after t=4 months
Answer:
Annual depreaciation 2020= $2,400
Explanation:
Giving the following information:
Purchase price= $12,000
Salvage value= $2,000
Useful life= 5 years
<u>To calculate the depreciation expense under the double-declining balance, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
2019:
Annual depreaciation= 2*[(12,000 - 2,000) / 5]
Annual depreaciation= 4,000
2020:
Annual depreaciation= 2*[(10,000 - 4,000) / 5]
Annual depreaciation= $2,400
I think the most appropriate answer would be "a car dealership salesman" would be the opportunity cost.
I hope it helped you!
Answer:
A. growth stocks and blue chip stocks immediately in the amount of $150,000 to obtain the necessary cash down payment
Explanation:
The customer wouldn't want to get the stock cashed out now, so he doesn't have to worry about the stock or market having a huge decline and so, he can't buy the house.
