LaFond Company analyzes its accounts receivable at December 31, and arrives at the aged categories below along with the percentages that are estimated as uncollectible.
- 0-30 days past due $80,000 1%
- 31-60 days past due $20,000 2%
- 61-120 days past due $14,000 5%
- 121-180 days past due $6,000 10%
- Over 180 days past due $4,000 25%
- Total accounts receivable $ 124,000
The unused balance of the allowance for uncollectible accounts is $450 on December 31, before any adjustments.
Required:
(a) What amount of bad debts expense will LaFond report in its income statement for the year?
(b) Use the financial statement effects template to record LaFond's bad debts expense for the year.
(c) What is the balance of accounts receivable on it December 31 balance sheet?
Accounts Receivable:
Accounts Receivable are current assets in the balance sheet which pertains to the company's collectible from its customers due to a past transaction. This account has a contra-asset account, which is the allowance for doubtful accounts (ADA). ADA is just an estimation of potential uncollectibles in the accounts receivables. This is usually based on the % of accounts receivable or from aging of accounts.
Answer and Explanation:
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1- Another term for the bottom-up budget development approach is "participative budgeting" is the true statement.2-master budget contains all of the following.3-Depreciation expense would not appear on a cash budget.4 . A realistic estimate of ending inventory is essential in scheduling production requirements is a false statement

A budget is a financial document that is used to forecast future earnings and expenses. Simply put, a budget anticipates future savings and spending as well as anticipated income and expenses. The master budget will show all of the details of the company's income-generating actions via the operating budget, along with a revenue and expense breakdown. It will also show cash inflows and outflows from the cash flow statement, as well as estimates of what will appear on the balance sheet at the end of the fiscal period. A master budget combines all of your company's smaller budgets into one overall budget, allowing you to get a complete picture of your company's finances.

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Answer:

$28,000 or $18,000

Explanation:

BOB OS THE BEST PERSON IN THE WORLD

If your COA is $10,000 and your EFC is $5,000, for example, you cannot get more need-based assistance than $5,000.

Your Expected Family Contribution (EFC), an index number, will determine your eligibility for federal student financial aid.

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Answer:

Sheltered English instructional strategy

Explanation:

Sheltered Instruction

This is simply defined as a devised method to teaching English language learners which uses second language

acquisition strategies along with content area instruction. It is a known way for making grade-level content more available for ELLs while improving English language development.

It uses;

1. Second language acquisition strategies when teaching content area instruction

2. It is Content-based

3. It makes content to be easily understood for EL while developing English proficiency.

4. It does integrate language and content while inputting also socio-cultural awareness.

Sheltered English instructional strategy simply enhance or modifying english and simplify it thereby making the students to understand it.

All else equal, corporate bonds with lower (worse) credit ratings have higher yields and a higher likelihood of default than those with higher (better) credit ratings.

Lower-rated bonds typically offer higher yields to compensate investors for the increased risk of default associated with lower creditworthiness. Conversely, higher-rated bonds are considered less risky, leading to lower yields as investors demand lower compensation for taking on that credit risk. It's important to note that credit ratings are assigned by credit rating agencies and provide an assessment of a bond issuer's ability to meet its financial obligations. Lower ratings indicate a higher risk of default, while higher ratings indicate a lower risk of default.

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Considering the available options, Realtors are known to have various functions, including options A and B only.

Generally, Realtors are known to perform many responsibilities, including the following:

Hence, in this case, it is concluded that the correct answer is option D. "A and B only."

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It depends on the amusement park's policies and promotions. Some amusement parks may offer group discounts for a certain number of people, while others may not offer any discounts for groups.

A theme park or amusement park is a spot with attractions comprised of rides, for example, thrill rides and water rides. They as a rule contain a choice of various sorts of rides, alongside shops, eateries and other diversion outlets. Amusement parks can be appreciated by grown-ups, youngsters and kids.

Many are themed to a specific region; there are water parks, parks demonstrated after toys, parks displayed after motion pictures or sorts of films, normally experience or activity. The period from the 1950s through the 1970s achieved a centre time for development in the contemporary amusement park industry, as a solid American working class was being laid out and individual transportation turned into a typical decent. The time of increased birth rates following WWII ensured countless families trying to get to know each other, and growing work privileges consider all the more spare energy to do exactly that.

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In staff management and development, I've learned the importance of effective communication, teamwork, and ongoing training. When applying these concepts to my own job search, I would focus on showcasing my communication and teamwork skills, as well as my commitment to continuous learning and professional growth.

Staff management refers to the process of recruiting, training, supervising, and motivating employees to maximize their performance and achieve the goals of the organization.

On the other hand, staff development is an ongoing process that prepares employees to meet the changing demands of their job and improve their skills and knowledge.

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Answer:

dddddddddddd

Explanation:

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxs

The function that identifies prospects in the marketplace, works with research and development to create products, develops promotion strategies and establishes prices is known as Marketing.

It refers to the process of creating, distributing, pricing and promoting goods, services in order to facilitate satisfying exchange relationships with customers and develop and maintain favorable relationships with stakeholders in a dynamic environment.

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Answer:

An advertisement (often shortened to advert or ad) is the promotion of a product, brand or service to a viewership in order to attract interest, engagement and sales. Advertisements come in many forms, from copy to interactive video, and have evolved to become a crucial feature of the app marketplace.

Given the financial information provided, let's analyze the accounts and their corresponding balances: Advertising Expense: $31,800 ,Service Revenue: $119,100  Buildings: $133,000 , Interest Expense: $1,800 , Salaries Expense: $63,400 , Utilities Expense: $13,800 , Accounts Payable: $4,700 , Equipment: $18,500 , Cash: $3,800



The advertising expense is an expense incurred for promoting the business, and its balance is $31,800. Service revenue is the income generated from providing services, and its balance is $119,100. Buildings represent the value of the company's owned property, and its balance is $133,000. Interest expense represents the cost of borrowing money, and its balance is $1,800. Salaries expense is the cost incurred for paying employees' wages, and its balance is $63,400.

Please note that the term "chegg" does not seem to be relevant to the question or the provided financial information. If you have any additional questions or need further clarification, please let me know!

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Corporate governance is the set of mechanisms used to manage the relationships among stakeholders and to determine and control the strategic direction and performance of organizations. Thus, the correct answer is option B.

Corporate governance includes the policies, procedures, and processes that ensure the accountability of the organization's management to its owners or shareholders, and that promote transparency, fairness, and ethical behavior in all of the organization's activities. Good corporate governance is essential for the long-term success and sustainability of organizations, as it helps to build trust and confidence among stakeholders and supports the effective management of risks and opportunities. Thus, option B is correct.

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Firms often encounter problems at times. Some of the issues faced by RBN are;

The  Issues Faced by RBN are;

The  Issues not Faced by RBN are;

There are a lot of  different ethnic groups in countries. Ethnic diversity, is known to have some negative impact on economic growth such as higher rate of net fertility in the area is used as Human Capital.

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The correct answer is B. Inspected surface facilities or an auxiliaries-owned vessel that displays a current VSC decal.

To explain in detail, the Auxiliary Ensign (commonly known as the Blue Ensign) is a flag that is flown by members of the United States Coast Guard Auxiliary. It features a blue field with the Coast Guard emblem in the center and a white anchor above it.

According to the Auxiliary Manual, the Blue Ensign may only be displayed in certain situations. One of those situations is when the flag is flown by inspected surface facilities or an auxiliaries-owned vessel that displays a current VSC decal.

VSC stands for Vessel Safety Check, which is a program run by the Coast Guard Auxiliary to promote safe boating practices. A VSC decal indicates that a vessel has undergone a safety inspection and meets certain standards.

In summary, the Blue Ensign may only be displayed by inspected surface facilities or an auxiliaries-owned vessel with a current VSC decal. It cannot be flown by all Auxiliarists at any time, operational facilities on patrol, or when also displaying a yacht club burgee.

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Answer:

The answer is:

The court will look to common law.

Explanation:

Common law is defined as a body of legal rules that are made by judges as they issue rulings on cases, as against rules and laws made by the legislature or in official statutes. it's also the a part of English law that's derived from custom and judicial precedent instead of statutes.

Another name for common law is case law

Answer:

A.

Explanation:

If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.

The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.

The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.

Therefore, option A is the correct answer.

If you observe a police officer getting what seems to you to be free coffee and donuts at a Dunkin Donuts within the precinct, and you were moved to file a complaint, you should file the complaint with the Internal Affairs Bureau (IAB).

If a person observes a police officer getting free coffee and donuts from Dunkin Donuts in the precinct, they can file a complaint with the Internal Affairs Bureau (IAB). The Internal Affairs Bureau is responsible for investigating any complaints of misconduct against the police, such as abuse of power, corruption, or other inappropriate behavior.

An Internal Affairs Bureau investigation may result in disciplinary action, dismissal, or other consequences for the police officer involved in the complaint. Therefore, if an individual believes that a police officer has engaged in inappropriate behavior or has violated their duties, they can file a complaint with the Internal Affairs Bureau (IAB) in order to address the issue.

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Answer:Your comprehensive car insurance coverage, also known as other than collision coverage, can help pay the costs of damage to your car for non-accident related claims. ... This insurance helps cover damage up to your car's actual cash value  minus any deductible amount

Explanation:

Answer:

A norminal wage is not adjusted for inflation and real wage is adjusted for inflation

During the interaction with a customer who initially said no, the process of persuasion involves several key steps to turn their response into a positive outcome.

1. Active Listening: I started by actively listening to the customer's concerns and objections. This allowed me to understand their perspective and identify the specific reasons behind their initial refusal.

2. Empathy and Understanding: By demonstrating empathy and understanding, I acknowledged the customer's concerns and showed that their viewpoint was valued. This helped establish a rapport and build trust, creating a conducive environment for further discussion.

3. Addressing Concerns: I systematically addressed each of the customer's concerns, providing relevant information, clarifications, and solutions to alleviate any doubts or reservations they had. I highlighted the benefits and advantages of the product or service that directly addressed their specific needs or pain points.

4. Building Value: I emphasized the unique value proposition and features of the product or service, demonstrating how it could effectively meet the customer's requirements and provide tangible benefits. I shared success stories or case studies to showcase how others have benefited from the offering.

5. Customized Offering: If possible, I tailored the offering to align with the customer's individual preferences or requirements. This personalized approach increased the relevance and appeal of the product or service, making it more attractive to the customer.

6. Overcoming Objections: I anticipated and proactively addressed any potential objections or obstacles the customer might raise. I provided compelling counterarguments and supporting evidence to address their concerns, ensuring they felt confident in their decision to say yes.

7. Creating Urgency: To motivate the customer to take action, I highlighted any time-sensitive offers, limited availability, or incentives associated with making a positive decision promptly. This created a sense of urgency and reinforced the importance of their positive response.

8. Follow-up and Support: After persuading the customer to say yes, I reassured them of ongoing support and assistance. I provided contact information, outlined the next steps, and expressed my willingness to address any further questions or concerns they may have.

The process of persuasion involves active listening, empathy, addressing concerns, building value, customized offerings, overcoming objections, creating urgency, and providing follow-up support. By following these steps, I aimed to understand the customer's perspective, address their concerns, and present a compelling case for them to say yes. Ultimately, the goal is to establish trust, provide value, and ensure the customer feels confident and satisfied with their decision.

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A purchase is made based on the need or desire of a person.

Making a purchase on impulse means buying something at the instant spot without thinking about it before.

You can make a purchase for items such as a dress on the spot. You took the decision to buy it because it was a beautiful one and although you did not have the budget but you thought that you will cut loose on other items.

Whether we will buy it again or not depends on the budget of the person. If he manages to squeeze the dress into the budget, then he will buy it again. If not, then he will think that he might not have brought it in the first place.

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a. Interim payment: Partial payment made during a project before its completion to cover ongoing expenses and maintain cash flow.

b. Contents in a contract: Provisions in a contract that outline the rights and obligations of the parties involved.

Interim payment refers to a partial payment made to a contractor or subcontractor during the course of a project. It ensures that the contractor has sufficient funds to cover expenses and maintain cash flow while the project is still ongoing. Interim payments are typically based on the progress or work completed at a specific stage of the project.

The contents of a contract include all the provisions and terms that define the rights and obligations of the parties entering into the contract. These provisions can cover various aspects such as scope of work, payment terms, delivery schedules, warranties, dispute resolution mechanisms, and other relevant contractual terms. The purpose of including these contents in a contract is to establish a clear understanding between the parties, ensure compliance with agreed-upon terms, and provide a legally binding framework for the execution of the contract.

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Answer:

D. people making choices based on their limited resources

Explanation:

Angie's Bake Shop produces 100 birthday chocolate chip cookies at a cost of $2 each. However, Angie expects that 9% of the cookies will crack and be discarded, which means that only 91% of the cookies will be available for sale. So, there are 91 cookies (100 x 0.91) left for sale.

Angie wants a 65% markup on cost, which means she wants to earn 65% more than the original cost of $2 per cookie. To calculate the markup amount, we can multiply the cost by the markup percentage: $2 x 0.65 = $1.3. Adding this markup to the original cost gives us the new selling price of $3.3 per cookie. However, since we have only 91 cookies left for sale, the total revenue from selling these cookies needs to be distributed over the initial 100 cookies produced to account for the losses due to cracked cookies. To find the adjusted selling price, we need to divide the total revenue by 100 cookies: (91 cookies x $3.3) / 100 cookies ≈ $3.00 per cookie.

Therefore, Angie should price each birthday chocolate chip cookie at approximately $3.00 to achieve her desired 65% markup on cost and account for the 9% of cookies that will be discarded.

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Answer:

Homzygous

Homzygous have 2 identical alleles

Heterozygous

Heterozygous have 2 non-identical alleles

Answer:

O expansionary fiscal policy

Explanation:

Point C represents a recession.  During a recession, the economy experiences slow or negative growth. The unemployment rate is way above the recommended levels. The economy requires stimulation to accelerate growth and create job opportunities.  

Congress controls the fiscal policies in the US. Fiscal policy is about adjusting taxation and government spending. Expansionary fiscal policies accelerate economic growth in a country. These policies target to income the amount of money in circulation. Reductions of taxes and an increase in government are expansionary.

Answer:

its A im taking the test and its defenetly a

Explanation:

Answer:

bachelor's degree

Explanation:

Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.

The treynor ratio of the portfolio is 19.17 for the given question is termed to be 19.17

Given

Ratio of safety = 1.5

Cost of risk = 11.5

port folio return = Risk free rate + Risk Premium

=11.5+1.5

13

Treynor ratio = profit folio return- risk free rate/port folio return beta

=13-1.50/0.6

=19.17

Treynor ratio is 19.17

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