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dolphi86 [110]
2 years ago
6

How often should a financial checkup be completed

Business
1 answer:
ryzh [129]2 years ago
7 0

Answer:

a financial checkup should be completed annually.

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Which ICS functional area tracks resources, collects and analyzes information, and maintains documentation?
igor_vitrenko [27]

Answer:

The correct answer is a) planning

Explanation:

The functional area that tracks resources,  collects and analyzes information, preparing incident action plans, documenting incident action plans and maintains documentation is the planning section.

And is supervised for the section chief of this ICS functional area

8 0
3 years ago
A company has the following unadjusted account balances at December 31, of the current year; Accounts Receivable of $185,700 and
stellarik [79]

Answer:

a. The amount of the Allowance for Doubtful Accounts that should appear on the December 31, Balance Sheet of the current year is:

= $8,965.

b. Adjusting Journal Entry:

Debit Bad Debts Expense $7,365

Credit Allowance for Doubtful Accounts $7,365

To record bad debts expense and bring the balance of the Allowance for Doubtful Accounts to a credit balance of $8,965.

Explanation:

a) Data and Calculations:

Accounts Receivable balance = $185,700

Allowance for Doubtful Accounts $1,600 (credit balance)

Aging Schedule:

Account Age                 Balance  Estimated Uncollectible   Amount

                                                                 Percentage

Current (not yet due) $96,000                  1.00%                    $960

1—30 days past due    64,000                  2.50%                    1,600

30—60 days past due  16,000                  11.00%                   1,760

61—90 days past due    6,500                  37.00%                 2,405

Over 90 days past due 3,200                  70.00%                 2,240

Total                         $185,700                                              $8,965

Bad Debts Expense:

Allowance for Uncollectible Accounts:

Beginning balance     ($1,600)

Ending balance           $8,965

Bad Debts expense = $7,365

5 0
3 years ago
Topik is a product that is sprayed on thinning hair and makes the hair appear thicker. The manufacturer considers its potential
Alik [6]

Answer:

(C) target market

Explanation:

The group of people for which a product is designed and aimed to is the product's target market. In this case, Topik is a product that aims to sell to blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes, which is the product's target market.

The answer is (C).

4 0
3 years ago
_____ refers to training employees on overseas work assignments to work through national and cultural boundaries. validation adv
dsp73
<span>Cross cultural preparation refers to training employees on overseas work assignments to work through national and cultural boundaries.
When an employee is selected by the organization for the position in a foreign country. It must prepare the employee for the overseas work assignment. This is cross cultural preparation in which employee will be trained for overseas work assignments through national and cultural boundaries. </span>
3 0
3 years ago
On November 1, 20X1, a company signed a $200,000, 12%, six-month note payable with the amount borrowed plus accrued interest due
ozzi

Answer:

$8,000

Explanation:

The computation of the interest expense is shown below:

= Note payable × interest rate × number of months ÷ total number of months -  Note payable × interest rate × number of months ÷ total number of months

= $200,000 × 12% × 6 months ÷ 12 months - $200,000 × 12% × 2 months ÷ 12 months

= $12,000 - $4,000

= $8,000

The 6 months is calculated from November 1, 20X1 to May 1, 20X2

And, the 2 months is calculated from On November 1, 20X1 to December 31,20X1

We assume the accounts are closed on December 31

Or we can do one thing also

Take the 4 months from Jan 1, 20X2 to May 1, 20X2

=  $200,000 × 12% × 4 months ÷ 12 months

= $8,000

6 0
3 years ago
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