The sales philosophy and process that emphasizes a commitment to maintaining customer relationships over the long term and investing in opportunities that are mutually beneficial to all parties is known as ________ selling.

Answers

Answer 1

Relationship selling is a type of sales approach that places a strong emphasis on investing in long-term client connections and prospects that benefit all parties involved.

What do you think of as sales?

In a sale, two or more parties trade services or goods for money or other assets. In the capital markets, a sale is an agreement between a buyer and a seller regarding the price of a good and its distribution in exchange for a predetermined payment.

Why are sales such a big deal?

Sales have a big impact on how customers become loyal and how much trust they have in brands. The primary drivers of a customer's ability to recommend your company to family or friends or to post a favorable online comment of your products or services are trust and satisfaction.

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The second lesson from studying capital market history states that the _____ the potential reward, the _____ the risk

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The second lesson from studying capital market history states that greater the potential reward, the less the risk.

What are capital markets?

In the capital market, bonds, stocks, and other financial instruments are bought and sold by buyers and sellers. Participants in the trade include both individuals and institutions. Most securities traded on the capital market are long-term ones. In contrast to a money market, where short-term debt is purchased and sold, a capital market is a financial market where long-term debt or equity-backed securities are bought and sold. Borrowers, stockholders, and savers—also known as investors—are the three key players in the capital markets. The stock market, bond market, and other associated markets are all included in the phrase capital market.

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after reading netflix case 11 on page c-140 what forces do you believe are driving change in this global industry? are the combined impacts of these driving forces likely to be favorable or unfavorable in terms of their effects on competitive intensity and future industry profitability?

Answers

Numerous factors influence the movie rental business. The opportunity for new players to enter this market is a constant force for change.

What are riving forces?

There are minimal barriers preventing rivals from entering the movie rental sector, which is expanding quickly. This may easily dilute the market and eventually cause a problem. The competition between businesses is another element guiding the sector. The industry is seeing a rapid increase in rivals.

It is challenging for this industry to compete for clients because the items offered have little to no distinctions and the consumer's cost of switching providers is relatively low. The driving force behind something in motion; for example, He was unquestionably the new administration's driving force. This phrase refers to the process of transferring an engine's or a vehicle's driving force to other businesses. One of the first to utilize it metaphorically was Ralph Waldo Emerson (English Traits, 1856): "The ability of its journals is the driving force."

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how do distribution channels improve product distribution? group of answer choices channel intermediaries perform all of the functions needed to get the product from its raw material state into the hands of its final user. distribution channels eliminate the need to store products. distribution channels reduce the number of transactions needed to get the product from the manufacturer to the consumer channel intermediaries eliminate the need for the manufacturer to provide customer service. channel intermediaries take title to the products as they move through distribution channels.

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The members of the channel that play a role in getting the final product to the end user are referred to as channel intermediaries.

In the first stage, the manufacturer converts the raw material into finished goods, which are then transferred to wholesalers, who send the finished goods to retailers for sale to the product's intended customers. Their functions are accordingly defined and managed. As a result, channel intermediaries effectively manage all of these functions.

How does distribution increase a product's value?

A product or service gains value through distribution because it gives consumers access to space, possession, and time. Customers have easier access to goods and services as a result. To get their products to retailers, distributors need the best wholesalers and transportation systems.

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a treasury strips is quoted at 67.181 and has 7 years until maturity. what is the yield to maturity?

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The YTM for the treasury strips is 19.839%

YTM = { [ (100 / 67.181) ^1(2 *7)] -1}

YTM = { [ (1.4885) ^1(14)] -1}

YTM = 20.839-1

YTM = 19.839%

What is Yield to maturity?

The yield to maturity (YTM), book yield, or redemption yield of a bond or other fixed-interest security, such as treasury bonds, is an estimation of the total rate of return expected to be earned by an investor who purchases a bond at a specific market price, holds it until maturity, and gets all interest payments and the capital redemption on time. The discount rate at which the present value of all future cash flows from the bond (coupons and principal) equals the bond's current price is known as the internal rate of return (IRR, total interest rate).

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sometimes a member of an audit engagement team may wish to leave their audit firm and seek employment with their client. do some research on this topic. what did you discover?

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There is a defense that an auditor wouldn't be impartial if they hired someone from their client. But as long as the auditor was not a partner or engagement leader in a senior position at the audit firm.

For example, this is generally regarded as being acceptable. In this case, the previous engagement leader may have a significant impact on future decisions made by the audit team or may have a thorough understanding of the audit team's general operating procedures.

There is less chance that a member of the audit engagement team who is less senior will be able to affect current choices going forward. The audit team member applying for a job with the firm is typically seen as reasonable and acceptable in these circumstances.

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Tamika opened a money market account that has a 4. 25% annual interest rate, compounded annually. She deposits $1,750 into the account each year. How much interest will the account earn after 15 years?.

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If Timika deposits $1,750 into the account each year, after 15 years she will earn interest of  $9,449.4

The problem can be solved using the formula for the future value of an ordinary annuity.

FV = C x [(1 + i)ⁿ - 1]/i

Where
FV = future value

C = cash flow per period or annuity payment

i = interest rate per period

n = number of periods

Parameters given in the problem:

i = 4.25% = 0.0425

n = 15

C = 1,750

Plug these parameters into the formula:

FV = 1,750 x [(1 + 0.0425)¹⁵ - 1] / 0.0425

FV = 35,699.40

This future value consists of total deposit and interest

Total deposit = $1,750 x 15 = $26,250

Hence,

Interest = 35,699.40 - 26,250 = $9,449.4

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why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment

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Answer:

Explanation:

The labor demand curve slopes downward because of the law of diminishing returns. 

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In the activity rate for the Customer Orders activity pool is $20 per order and there are 400 customer orders, the total overhead cost assigned to this cost pool is $__.
400x20=8000

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In the activity rate for the Customer Orders activity pool is $20 per order and there are 400 customer orders, the total overhead cost assigned to this  total cost pool is $ 400x20=8000.

Total cost (TC) in economics is the least expensive way to produce a certain amount of output. This is the entire economic cost of production and consists of fixed costs that are incurred regardless of the amount of a thing produced and include inputs such as buildings and machinery, possibly including sunk costs, and variable cost, which varies depending on the quantity of a good produced and includes inputs like labor and raw materials. In economics, the total cost of each item of production includes the entire opportunity cost  as one of its fixed or variable costs.

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suppose that you are a member of the board of governors of the federal reserve system. the economy is experiencing a sharp rise in the inflation rate. what change in the federal funds rate would you recommend? how would your recommended change get accomplished? what impact would the actions have on the lending ability of the banking system, the real interest rate, investment spending, aggregate demand, and inflation? what other tools of monetary policy could you use and how?

Answers

The federal funds rate, also known as the federal funds target rate or the fed funds rate, is determined by the Federal Open Markets Committee

What is the rate?

A number, amount, or degree measured in relation to another object. She typed at a speed of 80 words per minute. : a charge or payment based on another quantity. more specifically: the premium per insurance unit. A rate in mathematics is the comparison of two related values expressed in different units. The numerator of the ratio expresses the corresponding rate of change in the other (dependent) variable.

(FOMC) to regulate overnight lending among American banks. It has been set as a range between two limits, upper and lower. Currently, the federal funds rate ranges from 3.75% to 4%.

The cost of borrowing money will normally decrease if the federal funds rate decreases. Consumers might be more inclined to take out loans to finance larger purchases or small businesses, which can help the economy get moving.

Therefore, The rate, also known as the federal funds target rate or the fed funds rate

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a stock had a return of 9.7 percent last year. if the inflation rate was 2 percent, what was the approximate real return?

Answers

7.5% is the real rate of return

real rate of return = (1+NominalRate) ÷ (1+InflationRate)-1

real rate of return= [(1 + 0.097) / (1 + 0.02)] -1

real rate of return = 0.075 or 7.5%

What is real rate of return?

The annual rate of return that is taken into account after taxes and inflation is known as the real rate of return. A nominal rate of return, on the other hand, is one that excludes taxes and inflation. Similar to this, the real rate of return is one that accounts for taxes or inflation in its computation.

How do you calculate the real rate of return?

The real rate of return formula is: (1+NominalRate) ÷ (1+InflationRate)-1. This calculation determines the cash value of your investment after accounting for the impact of inflation and taxes.

a seventh-day adventist declined a job that required him to work on a saturday, which is the holy day for seventh-day adventists. because he declined a job, the federal government denied him federal unemployment benefits. the supreme court would rule that this decision by the government was

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The holy day for Seventh-day Adventists. because he declined a job, the federal government denied him federal unemployment benefits. the supreme court would rule that this decision by the government was eliminated in Employment Division v. Smith.

Federal unemployment advantage programs beneath the CARES Act ended on September 4, 2021. you'll not be paid benefits on the subsequent claim kinds for weeks of unemployment after September 4: Pandemic Unemployment help (PUA)

Effective July 1, 2022, the law states that a claimant is eligible for 24 instances of the individual's weekly gain quantity (or 24 weeks of advantages) unless the “seasonally adjusted unemployment charge” (SAUR) in Arizona averages 5% or above over three months (a quarter of the calendar yr).

The Federal-nation Unemployment insurance software presents unemployment blessings to eligible people who're unemployed thru no fault of their very own (as decided below Florida regulation, and meet different eligibility necessities of Florida law.

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noah jupe, a minor, enters into a contract to buy a car from shia labeouf, an adult. if the deal is set aside, restoring noah and shia to their original positions prior to a contract is a. restitution. b. emancipation. c. ratification. d. disaffirmance.

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Noah jupe, a minor, enters into a contract to buy a car from shia labeouf, an adult. if the deal is set aside, restoring noah and shia to their original positions prior to a contract is a. restitution.

Hence, option A is correct.

Explain in detail.

Restitution is a type of gain-based recovery under which a court may order a defendant to forfeit their gains in favor of the claimant. Contrast that with the law of compensation, often known as the law of loss-based recovery, when a judge orders the defendant to compensate the claimant for their loss.Restitution examples include a shoplifter who is required to reimburse a store owner for the cost of a stolen item or an attacker who is required to cover their victim's medical costs following a severe assault. Even burial expenses may be covered by restitution in homicide situations.

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qzuilet which of the following best describes upics? a. upics are federally funded. b. upics are paid by grant monies. c. upics only cover certain states where fraud is prevalent. d. upics are private companies contracted by cms.

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CMS uses private companies as its Unified Program Integrity Contractors (UPIC).

What is the purpose of a UPICs?

The primary goal of UPIC is to look into allegations of fraud, waste, and abuse in Medicare or Medicaid claims. In order to stop the wrongful payment of funds from the Medicare Trust Fund, they conduct early and prompt investigations and take immediate action.

What place in society do Medicaid Integrity Contractors (MICs) have?

For the purpose of conducting post-payment audits of Medicaid providers, CMS has agreements with businesses referred to as Audit Medicaid Integrity Contractors (Audit MICs). Finding overpayments and ultimately reducing the payment of false Medicaid claims are the main goals of provider audits.

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discuss the differences between the short run and the long run from the perspective of producers and from the perspective of consumers.

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From the viewpoints of producers and consumers, respectively, there are some differences between the short run and the long run.

The long run is a time frame in which all aspects of production and cost are unknown. Long-term cost changes are possible for businesses, but short-term pricing changes can only be made by changing output levels.

Each of the LRAC curve's short-run average cost (SRAC) curves corresponds to a specific amount of fixed costs. The LRAC curve will therefore be the least expensive average cost curve for every output level. As long as the LRAC curve is dropping, internal economies of scale are being leveraged.

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in which stage of rostow's five-stage model of economic growth do industrialized economies such as korea and the czech republic fit?

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Industrialized economies, like Korea and the Czech Republic, fit into Rostow's five-stage model of economic development's (drive to maturity) stages. Their main emphasis is on producing a range of consumer and some industrial goods at a reasonable cost.

What is Rostow's five-stage model of economic development?

Using these concepts, Rostow wrote the timeless Stages of Economic Growth in 1960, which outlined five stages that all nations must go through in order to develop: Traditional society is the first factor, followed by take-off conditions, take-off, drive to maturity, and age of high mass consumption. The Rostow model categorises the economic development of nations into five stages: Traditional society, characterised by hunter-gatherer or subsistence farming. the beginning of the manufacturing industry's development and the formation of a nation's global perspective are prerequisites for takeoff. His theory, which is based on the histories of the United States and Europe, views the American standard of high mass consumption as essential to the process by which all industrialized civilizations build their economies.

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person 1 is busy finishing up a project plan when their colleague comes in and delivers a contribution to the project. the deadline hasn’t passed yet, and there is still ample time to finish the project. however, person 1 found that their colleague didn’t complete the work the way that person 1 had asked. what is the most reasonable course of action for person 1?

Answers

The project's success is crucial, hence every attempt should be taken to incorporate the contribution from Person 1's colleague if doing so will improve the project.

What do you mean by effective teamwork?

Effective teamwork entails everyone being dedicated to and working toward a common objective. Teamwork maximises the individual strengths of team members to bring out their best.

As there is still plenty of time to finish the project, Person 1 should instruct their colleague to do the necessary work so that it can be added to the project before the deadline passes.

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computing eps: convertible bonds a company has outstanding $140,000 of 8% convertible bonds due in five years. each $1,000 convertible bond is convertible into 40 shares of common stock. net income for the year was $896,000. common shares outstanding for the year were 375,000. the relevant tax rate is 25%. a. compute basic earnings per share. b. compute diluted earnings per share. note: enter the earnings per share amounts in dollars and cents, rounded to the nearest penny. net income available to common stockholders weighted avg. common shares outstanding per share basic eps answer answer answer diluted eps answer answer answer

Answers

          Net income available to      Weighted avg. Common      Per Share  

              Common stockholders.       Shares outstanding

                      (a)                                            (b)                                 (a-b)

Basic EPS      $896,000                           375,000                          $2.39

Diluted EPS   $904,400                           380, 600                         $2.38

No. of Common shares to compute diluted EPS

= Common shares + Convertible doods

375,000 + [$140,000 x 40/$1000]

= 375,000 + 5,600

= 380,600

To calculate earnings per share, subtract preferred dividends from the company's net income. Then divide that amount by the average number of common shares outstanding. Subtract preferred dividends from a company's net income and divide the result by the sum of the weighted average number of shares outstanding and the number of diluted shares.

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you made changes to your business listing, but flagged the edits as pending. what do you need to do so your updated information appears in your listing?

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Undoing the flag of edits from the status of 'pending' and correcting them to 'completed' will help in making the updated information appear on the changes being made to the business listing.

Business listings can be referred to or considered as the mentioning of an entity with respect to the name and other important credentials of the business. However, it is also to be noted that the business listings are not limited to the scope of only its credentials for a large of it. The business listings can be identified with the help of innumerable citations.

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Answer:

its D trust me

Explanation:

Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted.

Answers

Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. A lack of coordination occurs either because different stages of the supply chain have objectives that conflict or because information moving between stages gets delayed and distorted. - This statement is True.

When there is a lack of coordination, it is either because the goals of the various supply chain stages contradict or the information is delayed and misinterpreted as it moves between the stages. If each stage of a supply chain has a distinct owner, then the objectives of the various phases may conflict.

As a result of the absence of coordination, costs will rise in practically every aspect of the supply chain, including manufacturing, inventory management, distribution, and retail. As a result of the "bullwhip effect," warehouses are overflowing with extra inventory, which drives up holding costs. Jan 6, 2020.

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true or false: the tax cuts and jobs act of 2017 eliminates the tax issue about repatriating overseas profits.

Answers

The given statement is false. Deductions, depreciation, expensing, tax credits, and other business-related tax items have been altered as a result of the Tax Cuts and Jobs Act ("TCJA"). Business owners can use this side-by-side comparison to comprehend the changes and make appropriate plans.

The Tax Cuts and Jobs Act, which reduces taxes while increasing government expenditure on numerous programs, is an example of an expansionary fiscal policy. The Tax Cuts and Jobs Act, passed under President Donald Trump, fundamentally altered the rates of deductions, depreciation, tax credits, and other factors affecting business owners. The Tax Cuts and Jobs Act also stipulates that firms who offer paid family and medical leave to their staff are eligible for a tax credit. The Act is based on the tax reform ideas that the Trump administration and legislative Republicans have supported.

According to the impartial Congressional Budget Office (CBO), the Act would result in around $1.125 trillion in net benefits for individuals and pass-through businesses like partnerships and S companies.

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naya is extremely competitive and seeks out personal and professional opportunities where she can compete and be declared a winner. according to allport, naya's competitiveness is a(n) trait.

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According to Allport, Naya's competitiveness is a cardinal trait.

What is the Allport trait hypothesis?

The Gordon Allport Trait Theory states that a person's personality is shaped by a combination of their fundamental traits. A person will have a variety of lesser traits instead of one dominant one; this is where the continuum of personality traits comes into play. One person might be more truthful than another.

What is the trait theory's central tenet?

The foundation of trait theory in psychology is the notion that individuals differ from one another according to the strength and intensity of fundamental trait dimensions. Personality traits can be categorized according to the following three factors: consistency, stability, and individual differences.

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maria owns a store that prepares gourmet chocolates, which are hand-made and sold on the premises. what type of product is maria selling?

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Gourmet chocolates are produced by hand and sold in Maria's shop, Unsought, which she owns.

Which of the following is in charge of transferring products and services from suppliers to consumers?

An intermediary is a privately held or corporately controlled company that aids in the transfer of goods from the manufacturer to the final customer. a group of wholesalers and retailers who purchase products from other sellers and resell them.

What do the four stages of a product's lifecycle entail and how does it benefit businesses?

Introduction, growth, maturity, and decline are the four stages that make up a product's life cycle. Professionals in management and marketing use product life cycles to assist them decide on advertising schedules, price points, expanding into new product markets, redesigning packaging, and more.

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what are the goods and tools that are used to make products?
Capital
Labor
Synthetic resources
None of the above

Answers

The goods and tools that are used to make products are capital. The majority of fixed assets that the producer purchases in order to generate consumer goods are considered capital goods. The correct option is (A).

What is capital?

The total amount of financial resources needed to produce goods or services is referred to as capital in the business world. These cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.

Buildings, machinery, equipment, vehicles, and tools are examples of capital goods.

The inputs required to create a good or service in order to generate revenue are known as the elements of production. Land, labor, capital, and entrepreneurship are the four components of production according to economists.

Therefore, the goods and tools that are used to make products are capital. The majority of fixed assets that the producer purchases in order to generate consumer goods are considered capital goods.

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sandra company entered into a purchase commitment. at the end of the accounting period, the contract is still outstanding and the contract price exceeds the current market price. sandra expects that a loss will be incurred. sandra should recognize a

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If the market price on the purchase date has not decreased from the year-end price, a journal entry should be made for purchase obligations. Negative stock (accounting cost).

Which of the following line items on the financial statement will be impacted by an exaggerated ending inventory?

The income statement of a company will be impacted by overstating the ending inventory. As a result of the inflated ending inventory, the cost of the products sold will be lower by the same amount, which lowers the expense listed on the income statement.

What is a typical way to precisely determine cost per unit when making a lump sum purchase?

Add all of your variable and fixed costs together, then divide that number by the overall number of units you produced during that time period to determine the cost per unit.

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The greater the volume of the process being targeted for inspection, the more attractive __________ inspection is.controlledautomatedperiodicmonitoredvariable

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The greater the volume of the process being targeted for inspection, the more attractive inspection is automated.

Most often, a formal examination or evaluation exercise is what is meant by an inspection. Measurements, tests, and gauges are used to assess specific qualities of an object or activity during engineering inspection. To determine if the item or activity is in line with these aims, the outcomes are typically compared to the requirements and standards given, frequently using a Standard Inspection Procedure to ensure consistent checking. Regularly, non-destructive inspections are conducted.

Inspections may be carried out visually or with the aid of sensing technologies like ultrasonic testing. They may also be carried out in person or remotely, as in the case of a remote visual inspection. Inspections may also be carried out manually or automatically, as in the case of an automated optical inspection.

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When evaluating manager performance of an international business, the text lists several items that should be allowed for since managers would have no control over them. Which three items are included in that list?.

Answers

The three items are included in that list are interest rates, transfer prices, and tax rates.

What is international business performance?

By using this return on investment approach, the success of the global company may be assessed. Using this approach, it is possible to assess the link between capital invested and profit. The fact that the ROI should be rising is a positive sign for the company.

The method used most frequently to assess the performance of a international company is return on investment. It includes practically all significant performance-related parameters and illustrates the relationship between profit and invested capital. Evaluation of a person who temporarily transfers expertise to a foreign company is known as international performance management.

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al jafar jewel co. purchased a crystal extraction machine for $50,000 that has an estimated salvage value of $10,000 at the end of its 8-year useful life. compute the depreciation schedule using: (a) straight-line depreciation (b) double declining balance depreciation (c) 100% bonus depreciation (d) macrs depreciation

Answers

The depreciation schedule for the following methods is shown below

Depreciation is a non-cash expense, which is the cost of the wear and tear of the company's fixed assets. The book value of a fixed asset reduces over time, and the reduction of value is recognized through depreciation expense.

Part a:

Calculate the annual depreciation expense using the following formula:

Annual depreciation=Initial cost−Salvage value/Useful life

=50,000−10,000/8

=40,000/8

=5,000

The annual depreciation of the machine under the straight-line method is $5,000

The table below shows the depreciation table of the machine under the straight-line method

Year Initial Cost Depreciation expense Accumulated depreciation Book value

1 50,000 5,000 5,000 45,000

2 50,000 5,000 10,000 40,000

3 50,000 5,000 15,000 35,000

4 50,000 5,000 20,000 30,000

5 50,000 5,000 25,000 25,000

6 50,000 5,000 30,000 20,000

7 50,000 5,000 35,000 15,000

8 50,000 5,000 40,000 10,000

Part b:

Calculate the annual depreciation rates under the double declining balance depreciation method.

Depreciation rates=1/Useful life×2

=1/8×2

=.25

The depreciation rate of the machine under the double declining balance depreciation method is 25%

The table below shows the depreciation schedule of the machine

Year Beginning book value Depreciation rates Depreciation expense Accumulated depreciation Ending book value

1 50,000 25% 12,500 12,500 37,500

2 37,500 25% 9,375 21,875 28,125

3 28,125 25% 7,031 28,906 21,094

4 21,094 25% 5,273 34,180 15,820

5 15,820 25% 3,955 38,135 11,865

6 11,865 25% 1,865 40,000 10,000

7 10,000 25% - 40,000 10,000

8 10,000 25% - 40,000 10,000

Part c:

Under the sum-of-years digit depreciation, the depreciation rate of the machine for each year is based on the fraction of its current period in descending order against the total sum of the useful life. The equation below calculates the total sum of years.

Sum of years=8+7+6+5+4+3+2+1=36

The table below shows the depreciation table of the machine under sum of years digits depreciation method

Year Net cost of Machine (Cost -   Salvage value) Depreciation rates Depreciation expense Accumulated depreciation Book value

1 40,000 8/36 8,889 8,889 31,111

2 40,000 7/36 7,778 16,667 23,333

3 40,000 6/36 6,667 23,333 16,667

4 40,000 5/36 5,556 28,889 11,111

5 40,000 4/36 4,444 33,333 6,667

6 40,000 3/36 3,333 36,667 3,333

7 40,000 2/36 2,222 38,889 1,111

8 40,000 1/36 1,111 40,000 -

Part d:

In contrast to another type of depreciation method, MACRS depreciation has pre-defined depreciation rates sets by the IRS. The depreciation rates are posted in the depreciation rates column in the table below:

Year Initial Cost Depreciation rates (%) Depreciation expense Accumulated depreciation Book value

1 50,000 14.29% 7,145 7,145 42,855

2 50,000 24.49% 12,245 19,390 30,610

3 50,000 17.49% 8,745 28,135 21,865

4 50,000 12.49% 6,245 34,380 15,620

5 50,000 8.93% 4,465 38,845 11,155

6 50,000 8.92% 1,155 40,000 10,000

7 50,000 4.49% - 40,000 10,000

8 50,001 - - 40,000 10,001

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at the end of the first year of operations, gaur manufacturing had gross accounts receivable of $251,000. gaur's management estimates that 6% of the accounts will prove uncollectible. what journal entry should gaur record to establish an allowance for uncollectible accounts?

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The journal entry to establish an allowance for uncollectible accounts is as follows

Bad debt expense A/c Dr  $15,060

 To Allowance for doubtful debts  $15,060

(Being bad debt allowance recorded)

The bad debt expense is calculated as shown below, as 6% of the accounts are proven uncollectible.

$251,000x 6/100

$2510x 6

=$15,060

In order to make the proper posting, we debited the bad debt expense and credited the allowance for doubtful debts account.

A bad debt expense is recognized when a receivable is no longer collectable as a result of a customer's inability to pay an outstanding debt due to bankruptcy or other financial troubles.

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when using the direct method, why is a decrease in accounts receivable added to sales revenue when computing cash collected from customers? multiple choice question. there were fewer cash sales than credit sales during the year. there were more collections of accounts receivable than there were sales on account during the year.

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Pronunciation, stress, rhythm, and intonation are heavily influenced by the first language or regional variation and usually interfere with ease of understanding.

Aria paid $75,000 for her house. its property value increased by 2.2% per year. when aria sold her house after eleven years, how much was it worth, to the nearest hundred dollars? a. $133,700 b. $95,400 c. $95,300 d. $93,100 please select the best answer from the choices provided a b c d

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The property amount after 11 years is $95,250.

What is a property?

Both the valuable objects themselves and the collection of legal rights that give people control over them are referred to as property. Depending on the kind of property, an owner may be able to use it properly in accordance with the rights that have been granted to it, modify it, share it with the others, redefine it, rent it, pawn it, sell it, exchange it for another piece of the property, give it away, or destroy it. However, a property owner may have the authority to forbid others from doing any of these actions, regardless of the type of property. The three primary categories of property recognized by economics and political economy are private, public, and collective (also called cooperative property).

New property amount=75000 * 1.27=95250.

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Answer:C) 95,250 (95,300 when rounded)

Explanation:edge

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