Answer: Please see answer in the explanation column
Explanation:
Account receivables = Total account - cash collections
$126,000 -- $93,000
= $33,000
Uncollectible Accounts = 20% x 33,000 = $6,600
a) Journal to record the adjustment for uncollectible accounts
Date Account Debit Credit
Dec 31, 2018 Bad debts expense $6,600
Allowance for uncollectible accounts $6,600
B) net realizable value of accounts receivable= Total Accounts Receivable - Allowance for uncollectible accounts
= $33,000 - $6,600= $26400
Letter A and B are absolutelly incorrect. I think it is C... Not sure
Answer:
1.Taxes are a amount of money that a government requires people to pay according to their income.
4.Yes, High marginal tax rates can discourage work, saving, investment, and innovation, while specific tax preferences can affect the allocation of economic resources. But tax cuts can slow long-run economic growth by increasing deficits.
3.lowering tastes would lead to raising in disposable income, allowing the consumer to spend additional sums, thereby increasing GNP. Reducing taxes thus pushes out the aggregate demand curve as consumers demand for more goods and services with their higher disposable incomes.
4.No, This reading is because people pay off their incomes so it would be unfair to charge higher then needed.
Answer:
The correct answer is (C)
Explanation:
Managers are the main factor which improves the overall operational structure of the company. They are one who communicates within the organisation and outside the organisation to increase business activities. Liaison is an important managerial role that involves connecting people to what they need. They talk within the company and outside to provide whatever the company needs. They are responsible to give consumers the best product possible.
Answer:
the Sharpe ratio of the optimal complete portfolio is 0.32
Explanation:
The computation of the sharpe ratio is shown below:
= (Return of portfolio - risk free asset) ÷ Standard deviation
= (17% - 9%) ÷ 25%
= 8% ÷ 25%
= 0.32
Hence, the Sharpe ratio of the optimal complete portfolio is 0.32
We simply applied the above formula