<span>Importers' bank usually issues a letter of credit to importers in international transactions.
A letter of credit is issued by a bank, most common from another country, to guarantee the payment to be made under agreeable circumstances. This is a way to ensure and product the two people doing business that one will get the items and one will be paid for them. </span>
the answer is B, resolve conflicts peacefully
Answer:
Bad debt expense $ 14.850
Explanation:
Initial Balance
Accounts Receivable $ 309.000
Allowance for Uncollectible Accounts $ 600
Should be 5% of the Accounts Receivables
Allowance for Uncollectible Accounts $ 15.450
We must calculate the difference between the actual balance and the must be balance.
Adjustment entry
Bad debt expense $ 14.850
Allowance for Uncollectible Accounts $ 14.850
END Balance
Accounts Receivable $ 309.000
Allowance for Uncollectible Accounts $ 15.450
Answer: Please refer to Explanation,
Explanation:
1. The Profitability Index is a ratio analysis instrument that measures the amount of payoff per Investment. It is calculated with the following simple formula,
= Net Present Value / Investment Required.
Project A
= 473,750/ 860,000
= 0.55
Project B
= 354,930/ 675,000
= 0.53
Project C
= 170,895 / 560,000
= 0.31
Project D
= 169,190 / 760,000
= 0.22
2. - According to Net Present Value
a. Project A
b. Project B
c. Project C
d. Project D
- According to Project Profitability Index
a. Project A
b. Project B
c. Project C
d. Project D
- According to Internal Rate of Return
a. Project A
b. Project D
c. Project B
d. Project C.
Answer:
The correct answer is letter "A": Floor-ready.
Explanation:
Floor-ready merchandise is goods shipped pre-ticketed and tagged according to the sale requirements of a store. The pre-ticketing and tagging of the goods take place before the products reach the destination. This kind of merchandise has the most similar demonstration of the product as if it would have been displayed in the store.
