No one can write down a vision for your future, its your vision and future.
Answer:
d. cross-functional strategies
Explanation:
In an organisation, for the proper running of all the departments or functions, proper communications and coordination is required. So implementing the cross-functional strategies can succeed when all the functional areas of the organisation are properly coordinated with each other. And by implementing these strategies we can trace out the business strategy with supporting of all functional areas. These are useful to place all functional strategies properly.
Thus the answer is d. cross-functional strategies.
Answer:
it should call back the bonds as it will save $8.25
Explanation:
Bond Price can be calculated using PV function. After 3 years,
N = 2, PMT = 5% x 1000 = 50, FV = 1000, I/Y = 2%
=> Compute PV = $1,058.25
Without the call option, the bond would be worth $1,058.25. But the firm can buy those bonds at $1,050.
Hence, it should call back the bonds as it will save $8.25
Rules of thumb or short-cuts that individuals use to save time when making complex decisions are known as....<span>Heuristics</span>
Answer:
The correct option is 2. $50,200
Explanation:
Please see below the required journals for the transactions that occurred:
Debit Allowance for doubtful accounts $31,800
Credit Accounts receivable $31,800
(<em>To record write-off of accounts receivable)</em>
Debit Accounts receivable $2,340,000
Credit Sales revenue $2,340,000
<em>(To record credit sales during the year)</em>
Debit Cash $1,910,000
Credit Accounts receivable $1,910,000
<em>(To record collection on account)</em>
- The effect of the above journals on allowance for doubtful account is a reduction. Since Dinty already assessed its allowance for doubtful account to be $82,000, bad debt expense required will be $50,200 ($82,000 - $31,800).
- The balance in accounts receivable will be $2,340,000 - $1,910,000 - $31,800 = $398,200.
