Answer: $3000
Explanation: Allowance for doubtful accounts is the contra account to accounts receiveable when all the bad debts need to be accounted for. The bad debts reduces the accounts receivable line but all bad debts are actually deducted from the allowance for doubtful accounts.
The allowance for doubtful accounts for that year is calculated as 5% of the accounts receivable balance. This amounts to $8000 (160000 x 5%) before bad debts have been accounted for. Allowance for doubtful accounts moves in the opposite direction as accounts receivable because it is a contra account to this line item. At the end of the year before year end closing entries are done, and after the bad debts have been accounted for, the balance on the allowance for doubtful accounts is $5000.
This means that bad debts for that year is:
8000 (balance before bad debts have been accounted for)
- 5000 (balance after bad debts have been accounted for)
= $3000.
Answer:
Fiedler's contingency theory of leadership effectiveness.
Explanation:
Fiedler's contingency theory of leadership effectiveness states that one's effectiveness as a leader is determined by how leadership can match the situation at hand.
There is no single best way to lead, but leadership style is determined by the situation.
According to Fiedler's contingency theory of leadership effectiveness, leadership style is fixed and leaders will need to be put into situations that best matches their style.
The two important factors to consider in thos theory are leadership style and situational favourableness.
If F my own idea, why do Businesses exist? to get that paperrrrr
Don't take this seriously, this is a joke.
Net operating income was $24000
Fixed expenses=$96000
Sales=$300000
cost per unit=$20
unit sales=$15000 units
CM=$120,000
CM per unit=$8
BE units=FC/CM per unit=96000/8=12,000 units
Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.
An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:
- Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way.
- Inbound marketing works according to three principles: attract, engage, and delight.
- The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers.
- It should be equally invested in engaging with the customers through the process of content creation.
- This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options.
- Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with.
- Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.
Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.
Learn more about content creation here: brainly.com/question/26476622
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