Answer:
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
Answer:
The correct option is slow growth in productivity
Explanation:
The United States experienced slow growth in average income between the 1970s to 1980s, more than three decades after the second World War. However the gap between the highly paid and the low-paid workers have been steadily on the increase. Of all the reasons behind this, the major stand-out reason was the slow growth in productivity experienced in the United States as a result of the recession at that time.
Answer:
yes it is correct
Equilibrium can only occur at one price .
Answer:
$4,710
Explanation:
The computation of bad debts expense adjusting entry is shown below:-
Bad debts expense adjusting entry = Sales + Uncollectible allowances - Balance in allowance for doubtful accounts
= ($1,175,000 × 0.5%) - $1,165
= $5,875 - $1,165
= $4,710
Therefore for computing the bad debts expense adjusting entry we simply applied the above formula.
The adjusting entry is shown below:-
Bad Debt A/c Dr, $4,710
To Allowance for Doubtful Debts $4,710
(Being bad debt account is recorded)
