Answer:
Explanation:
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The typical time frame for decisions at the strategic level is a strategic decision.
The strategic level makes a specialty of defining and assisting countrywide policy and relates immediately to the outcome of a war or other battle as an entire. generally, cutting-edge wars and conflicts are gained or lost at this level in place of at the operational or tactical levels.
Strategy can be formulated at three degrees, particularly, at the company level, the business level, and the functional degree. at the company degree, strategy is formulated for your organization as a whole. The corporate method offers decisions associated with various enterprise regions in which the firm operates and competes.
As an example, constructing on the diversification instance, the purposeful level strategies that aid that commercial enterprise stage method is probably: R&D: redesign product. advertising: put into effect a new advertising plan. manufacturing: Make adjustments to present infrastructure.
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The third party plan that covers prescriptions for those eligible for medicare is usually an insurance plan that has extended health so that after paying a small deductible like $25 then the medicine costs will be reimbursed at the rate of say 80% of their costs.
What amount should be recorded as Bad Debt Expense for the current year?
Not yet due:
22,000
Estimated Percentage Uncollectible: 3%
Estimated Amount Uncollectible: 660
Up to 120 days past due:
6500
Estimated Percentage Uncollectible: 14%
Estimated Amount Uncollectible:
910
Over 120 days past due:
2800
Estimated Percentage Uncollectible: 34%
Estimated Amount Uncollectible: 952
Estimated Balance in allowance for doubtful accounts: 2522
Current balance in allowance for doubtful accounts: 1200
Bad Debt Expense for the Year: 1322
