Answer:Bad debts expense = $3,450
Explanation:Bad debt expense is the expense of account receivable that a business understands will not be paid due to the inability of a customer to pay its outstanding debt. Bad debt can be calculated using the direct write off method and the allowance method.
Here Abbot company uses the allowance method by taking into consideration a reserve which is an estimated percentage of the sales known as an adjusted risk for its customers who may not pay.
Credit sales revenue 115, 000
Estimated Bad debt 3%
Bad debts expense 3% x 115,000 = $3,450
Answer:
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Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.
Explanation:
In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.
In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.
The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he<span> should choose the federal loan since he will not have to pay interest if he attends a public university.</span>
Explanation:
To formulate the LP model for this problem,
Let,
<em>X1 = Number of beds to produce</em>
<em>X2 = Number of Desks to produce</em>
Our objective function:
Max: 30X1 + 40X2
Constraints:
- 6X1 + 4X2 ≤ 36 available carpentry hours
- 4X1 + 8X2 ≤ 40 available vanishing hours
- X2 ≤ 8 (demand for X2)
- X1, X2 ≥0
Based on the constraints information as well as the objective function you can then solve using the graphical method.
