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Rama09 [41]
3 years ago
11

The estimated expense for accounts that may not be collected is referred to as:

Business
1 answer:
sashaice [31]3 years ago
3 0

Answer: a bad debt expense

Explanation:

The estimated expense for accounts that may not be collected is referred to as. bad debt expense. Joyce Corp uses the percentage-of-receivables method to account for bad debt expense. Joyce determines that a customer account of $20,000 should be written off as uncollectible

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It is worthwhile to build your network of contacts because ________.
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THE ANSWER IS A

Explanation:

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Which federal legislation gives consumers the right to know what is in their credit report?
Alinara [238K]

Answer:

b. the fair credit reporting act

Explanation:

"The Fair Credit Reporting Act (FCRA) is a federal law that helps to ensure the accuracy, fairness and privacy of the information in consumer credit bureau files. The law regulates the way credit reporting agencies can collect, access, use and share the data they collect in your consumer reports."

Exert from: https://www.experian.com/blogs/ask-experian/credit-education/report-basics/fair-credit-reporting-act-fcra/#:~:text=The%20Fair%20Credit%20Reporting%20Act%20(FCRA)%20is%20a%20federal%20law,collect%20in%20your%20consumer%20reports.

3 0
3 years ago
The annual returns for stock A have a standard deviation of 40%, and the stock’s beta is 1.2. The annual returns for stock B hav
timurjin [86]

Answer:

Stock A

Explanation:

Even though Stock A has a lower standard deviation, it has a higher beta than B. Higher beta stock  has more risk than the market which has a beta of 1.0 and low-beta securities has less risk which is characterized by stock B.  Beta basically measures volatility of returns in relation to the market. Because investors will take on more risk on stock A, they will earn higher expected return than those who invest in stock B.

5 0
3 years ago
What is a marketing plan and why is it a company's a most important document? What basic elements should be included in a top-do
bonufazy [111]

Answer:

Explanation:

A marketing plan refers to the comprehensive document that outlines a company's overall marketing effort. It is a blueprint that outlines how a company will implement its marketing strategy, and how the company will utilize a combination of resources in order to achieve its business objectives. It is a company's a most important document because:

  • It contains specific goals and objectives and outlines the precise strategies to be used in achieving them.
  • It rallies the company's forces and resources for the marketing battlefield and therefore, dictates the role of Integrated Marketing Communications (IMC) in the marketing mix.

A marketing plan should always have the following:

  • A situation analysis: normally this will include a market analysis, a SWOT analysis and a competitive analysis.
  • Marketing strategy
  • Sales forecast
  • Expense budget.

Small companies can use bottom-up marketing to become big companies by creating an ingenious tactic they can use and building a strategy around it.

The elements of an advertising plan and an IMC strategy:

  • The IMC strategy will be determined by how the marketer makes use of the creative mix.

The creative mix is composed of:

  • The target audience
  • Product concept
  • Communications media, and
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The best method of allocating funds for a real estate development is the sales percentage, market share, objective task, empirical research

The type of companies that tend to use the percentage of sales method are companies that want to use a method that will cost them nothing and will provide a greater chance of success for future sales.

4 0
3 years ago
Green Living Construction Company installs solar panels in large newly constructed buildings. The company employs several expert
Mariulka [41]

Answer:

The salaries of the employees of Green Living must be recordered in the Balance Sheet as a Payroll Liabilities.

Explanation:

The accountancy should be always recordered under the Accrual basis of accounting, which means, record all the accounting transactions when they occur, revenues or expenses rather that the time the are paid.  

In that order the salaries must be registered in the month that they occur, for example, if the employees work in january, the expense must be recorder in january even if the salaries are paid in february or even other month.  

This is necessary to match revenues with related expenses according the period.

It is important to be aware that in accountancy you can use two methods, the accrual basis and the cash basis. Nevertheless the most used is Accrual basis.

7 0
3 years ago
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