Call Systems Company, a telephone service and supply company, has just completed its fourth year of operations. The direct write-off method of recording bad debt expense has been used during the entire period. Because of substantial increases in sales volume and the amount of uncollectible accounts, the company is considering changing to the allowance method. Information is requested as to the effect that an annual provision of 1% of sales would have had on the amount of bad debt expense reported for each of the past four years. It is also considered desirable to know what the balance of Allowance for Doubtful Accounts would have been at the end of each year. The following data have been obtained from the accounts:

Year Sales Uncollectible Accounts Written Off receivable written
1st $ 900,000 $4,500 $4,500
2nd 1,250,000 9,600 3,000 $6,600
3rd 1,500,000 12,800 1,000 3,700 $8,100
4th 2,200,000 16,550 1,500 4,300 $10,750

Required:

1. Assemble the desired data to prepare a schedule of bad debt expense. Enter all amounts as positive numbers.

Answer:

The definition and respond to the question is below.

Explanation:

To begin with, the name of "Portfolio Planning" in the field of business refers to the unique tool that can help the companies to have a better strategy when it comes to terms of the clients and more. It consists of a process that allows to the manager to have better organization of what the decisions will be in order to achieve better results at long term, having in mind the most important aspects of the company like the tolerance to risk of the stockholders and the margins they want to get after every operation ends. That is why that portfolio planning is tottaly fundamental for any company who seeks for success, meaning that it is relevant in a firm involved in a single industry due to the fact that they would need if they want to expand and be better than their competitors.

Option A. The conclusion that we can make is that Robin should give riding lessons to more than 20 children per month.

6000/20

= 300

300 is greater than 250

Hence we can see that the marginal cost is less than the marginal revenue that Robin gets from the venture.

This is the term that is used to refer to the additional revenue that he business would obtain based on the fact that they produced an additional unit of  a particular service.

In this question we can see that when Q = 20, MC is 250

What this tells us is that at a current output level, marginal revenue is greater than marginal cost, hence the firm would not be maximizing its profit.

When profit is maximized, then we would be having marginal revenue to be equal to marginal cost. MR = MC. Therefore  The conclusion that we can make is that Robin should give riding lessons to more than 20 children per month.

Read more on marginal revenue here:https://brainly.com/question/10822075

#SPJ1

Answer:

8.06%

Explanation:

According to the Fisher equation

( 1 + Total rate of return) = (1 + real rate of return) x ( 1 + inflation rate)

(1.14) = (1.055) x ( 1 + inflation rate)

Inflation rate = 1.080569 - 1 = 0.080569 = 8.06%

Answer:

Franchise

Explanation:

The answer is FRANCHISE

Answer:

a. trate

Explanation:

some trate is so much good then trote so yeah

Answer: D. Why the customer needs 5,000 extra flyers

Explanation:

The important factors that Sara will consider to know whether her company can accommodate the request are:

• Whether her company has enough paper on hand

• Whether her company can print the additional flyers without negatively affecting the other projects

• Whether there is enough time to print the additional flyers by tomorrow.

These factors above are important as they'll determine if she can accept the request or not. For example, in a situation where there's no enough paper, then the request should not be accepted.

The least important factor for Sara to consider will be "Why the customer needs 5,000 extra flyers". This is not of concern to Sara and shouldn't bother her.

Answer:

D. why the customer needs 5,000 extra flyers

Option C, a change in the price of product K, is what is being demanded.

The complete question is,

The demand for product K won't alter as a result of which of the following?

A change in the cost of a close equivalent J B rise in consumer income

C) a shift in K's pricing

D) an adjustment to consumer preferences

To learn more about demanded refer to:

https://brainly.com/question/1245771

#SPJ1

Answer:

Explanation:

Which go where? Put the letter next to the right one , there could be the same letter for each one more than once 1 in 1 is 2 cookies so if o eat one cookie you have one cookie

Answer: 4

Explanation: All of the above

Answer:

What’s the difference between Western and English riding?

What’s the difference between Western and English riding? At first glance, the most obvious difference between Western and English riding is the tack, and in particular the saddle, a Western saddle is much bigger and heavier than an English saddle.

A sustainable financial model that is adaptable to changing market conditions is what was ignored

The core concept that industry titans overlooked, eventually necessitating a bailout, was constructing and sustaining a pliable monetary ploy attuned to shifting market conditions.

Prior to the aid package, auto-manufacturers homed in on sales of high fuel-consumption SUVs and trucks which were appealing due to inexpensive gas costs combined with easily accessible credit.

The dismayingly tardy adaptation to changing patron likes for more fuel-thrifty and environment friendly motorsides - along with mounting rivalry from overseas powerhouses - drove automakers into a perilous condition, where they ultimately felt the blow of 2008’s global fiscal crunch, harshly diminshing productivity as well as profits.

Read more on business principles here:https://brainly.com/question/28072798

#SPJ1

Answer:

The company’s day’s sales in receivable is 25.08days

Explanation:

To determine the day’s sale’s in receivable the receivable turnover is to be determined from the credit sales which is determined by using the credit sales percentage over the total sales; and the total sales is computed from using the net income and profit margin.

Computation:

\(\begin{aligned}\text{Day's sales in receivable}&=\frac{\text{365 days}}{\text{Receivable Turnover}}\\&=\frac{365}{14.55}\\&=25.08\text{days} \end{aligned}\)

Working Note:

\(\begin{aligned}\text{Profit Margin}&=\frac{\text{Net Income}}{\text{Total Sales}}\\7.1\%&=\frac{\$188,000}{\text{Total Sales}}\\\text{Total Sales}&=\$2,647,887 \end{aligned}\\\\\\\begin{aligned}\text{Credit Sales}&=70\% \text{of Total Sales}\\&=70\%*\$2,647,887\\&=\$1,853,521\\\end{aligned}\\\\\\\begin{aligned}\text{Receivable Turnover}&=\frac{\text{Credit Sales}}{\text{Accounts Receivable}}\\&=\frac{\$1,853,521}{\$127,370}\\&=14.55\text{times} \end{aligned}\)

You can be a streamer!

Two Benefits of being a streamer is.

Two drawbacks of being a streamer is.

Let me know if you have any questions.

~ Lily from Brainly.

Management is a social, integrated, and continuous process because it involves people working together to achieve common goals over time. It is social because it involves interactions between people, including managers and employees, as well as interactions between the organization and its stakeholders, such as customers, suppliers, and the community. These interactions are essential for effective management, as they help to build relationships, establish trust, and foster collaboration. Management is integrated because it involves coordinating and aligning different functions and activities within the organization. This includes planning, organizing, leading, and controlling, as well as other processes such as communication, decision-making, and problem-solving. These processes are interconnected and interdependent, and they must work together seamlessly for effective management. Finally, management is a continuous process because it involves ongoing efforts to improve performance and achieve organizational goals. This requires a focus on learning, innovation, and adaptation, as well as a willingness to change and evolve over time. Effective management requires a long-term perspective and a commitment to continuous improvement, as well as the ability to respond to changing circumstances and emerging opportunities. In summary, management is a social, integrated, and continuous process that involves people working together to achieve common goals over time. Effective management requires a focus on building relationships, coordinating activities, and continuous improvement, as well as the ability to adapt to changing circumstances and emerging opportunities.

Julio's attorney negotiates a structured settlement after an injury, consisting of seven equal payments to Barry of $150,000 each.-----------. The approximate value of this settlement in today's dollars if Barry uses a discount rate of 5% is $911,352. Thus optrion (A) is correct.

A structured settlement is an agreement between a claimant and a defendant under which the claimant receives a settlement award in the form of a stream of periodic payments.

A structured settlement may be agreed to privately, in a pre-trial settlement, or may be required by a court order, which often happens with judgments involving minors.

Julio's attorney negotiates a structured settlement after -----------. The approximate value of this settlement in today's dollars if Barry uses a discount rate of 5% is $911,352.

Learn more about structured settlement  here:

https://brainly.com/question/29590615

#SPJ1

Adding 25% more employees for the holiday season can bring some challenges and difficulties for a company. Here are some potential difficulties and the planning needed to address them:

Hiring and Training: The first challenge is to find and hire new employees, which can be time-consuming and costly. Companies should plan ahead and start the hiring process early to ensure they have enough time to select and train new employees.

Cost: The cost of hiring and training new employees can be high, and companies need to ensure they have enough resources to cover the additional expenses. Companies should create a budget and estimate the cost of hiring and training new employees.

Integration and Teamwork: Integrating new employees into the team and ensuring they work effectively with existing employees can be challenging. Companies should plan team-building activities and create a welcoming environment to help new employees feel part of the team.

Workload and Scheduling: Companies need to plan the workload and schedule the additional employees effectively to ensure they are utilized efficiently. This includes ensuring that there is enough work to keep all employees busy and that the schedule allows for an appropriate level of coverage.

To know more about tax here

https://brainly.com/question/30157668

#SPJ1

The stages for sampling are - Stage 1: Clearly Define Target Population, Stage2: Select Sampling Frame, Stage 3: Choose Sampling Technique, Stage 4: Determine Sample Size, Stage 5: Collect Data and Stage 6: Assess Response Rate.

The four types of commonly used techniques for samples selection  include: Simple Random Sampling, Systematic Sampling, Cluster Sampling and Stratified Sampling.

Sampling is the process of choosing the group from whom you will draw data for your study. You might interview a sample of 100 students, for instance, if you were examining the viewpoints of students at your institution.

Sampling is the process of choosing a portion of the target population for a research project. A smaller group is used for data collecting in the great majority of research projects since it is impossible to get the involvement of the full population of interest.

To know more about Sampling visit:

https://brainly.com/question/29490427

#SPJ1

The conference allows authors to meet new people and identify potential future collaborators. The following statement explains the scenario.

Conference presentations allow authors to meet new people and identify potential future collaborators. • The conference should be considered in terms of both the audience to be addressed and the resources available.

I would first try to schedule one of them on a different day, and if that is not possible, I would try to schedule them at different times. If that is not possible, I will do whatever it takes to make myself more successful.

Therefore, the above statement aptly explains the conference.

Learn more about the conference presentation here:

https://brainly.com/question/27438216

The total revenue earned from export is 10,000KI.

To calculate the total revenue earned from the export, multiply the amount of copra exported by the exchange rate.

Given:

Amount of copra exported = A$5000

Exchange rate: 1 KI = A$0.50

Total revenue = Amount of copra exported * Exchange rate

Total revenue = A$5000 * KI/A$0.50

Simplifying the expression:

Total revenue = A$5000 / (A$0.50/KI)

To divide by a fraction, we can multiply by its reciprocal:

Total revenue = A$5000 * (KI/A$0.50)

Calculating the product:

Total revenue = 5,000 * 2KI

Total revenue = 10,000KI

Therefore, the total revenue earned from the export of copra to Australia is 10,000KI.

Learn more about the Total revenue here:

https://brainly.com/question/25717864

#SPJ1

The complete income acquired from trade is 10,000KI. To work out the absolute income acquired from the product, duplicate how much copra traded by the swapping scale.

Exchange includes the exchange of labor and products starting with one individual or substance then onto the next, frequently in return for cash. Financial experts allude to a framework or organization that permits exchange as a market.

An early type of exchange, trade, saw the immediate trade of labor and products for different merchandise and services,[1] for example exchanging things without the utilization of money.

Current income merchants by and large haggle through a mode of trade, like cash. Subsequently, purchasing can be isolated from selling, or acquiring. The innovation of cash (and letter of credit, paper cash, and non-actual cash) incredibly streamlined and advanced exchange.

Learn more about trade, from :

brainly.com/question/1413860

#SPJ1

A theoretical market structure known as pure or perfect competition occurs when several requirements, including perfect information and resource mobility, are met.

What are some instances of markets that are completely competitive?

Take into account a farmers market where every seller is selling the same brand of jam. Since they all use the same recipe and charge the same price for their products, there is little difference between them. Price is determined by the forces of supply and demand in a market with perfect competition. Both the supply of goods from suppliers and the demand for goods from consumers affect prices .

To know more about  competitive  markets click on the link below:

https://brainly.com/question/28267513

#SPJ1

The Four Factors of Production

Land is both a geographic location and a source of natural resources (examples: water, timber, oil).

Workers are those who can convert raw materials into commoditized commodities or services.

Capital refers to a company's physical assets and the funds it employs to acquire resources.

The key producing factor is thought to be land. The land is abundant in coal, water, and petroleum, all of which are used to produce electricity. Building factories and industries to conduct the production process requires land.

One of the most crucial elements in the development of crops is soil fertility [10]. It can sustain crop production depending on the full range of its physical, chemical, and biological characteristics.

To Know more about Land

https://brainly.com/question/7997933

#SPJ1

The total similar units of production for conversion are:

\(103,000+19,000 = 122,000\)

The equivalent units of production for the units completed and transferred out are simply the number of units completed and transferred out, which is 103,000.

To calculate the equivalent units of production for the ending work in process inventory, we need to multiply the number of units in ending work in process inventory by the percentage of completion for conversion.

The number of units in ending work in process inventory is 38,000, and the percentage of completion for conversion is 50%, so the equivalent units of production for the ending work in process inventory are:

\((38,000*50)/100 = 19000\)

To know more about production:

https://brainly.com/question/31782432

#SPJ1

Answer:

(a) Marginal Cost Statement:

Product A:

Revenue: Sh.15.00

Material: Sh.5.00

Labour: (25% of Sh.4.00) Sh.1.00

Variable Overhead: (50% of Sh.6.50) Sh.3.25

Total Variable Cost: Sh.9.25

Contribution Margin: Sh.5.75

Product B:

Revenue: Sh.12.00

Material: Sh.4.00

Labour: (25% of Sh.3.20) Sh.0.80

Variable Overhead: (50% of Sh.6.00) Sh.3.00

Total Variable Cost: Sh.7.80

Contribution Margin: Sh.4.20

Product C:

Revenue: Sh.11.00

Material: Sh.3.00

Labour: (25% of Sh.2.00) Sh.0.50

Variable Overhead: (50% of Sh.3.60) Sh.1.80

Total Variable Cost: Sh.5.30

Contribution Margin: Sh.5.70

(b) Total Contribution and Profit Statement:

Original Budget:

Product A:

Contribution: (Sh.5.75 x 100,000 units) = Sh.575,000

Fixed Overhead: (1/6 x Sh.150,100) = Sh.25,017

Profit: (Sh.575,000 - Sh.500,000 - Sh.400,000 - Sh.625,000 - Sh.25,017) = (Sh.950,017)

Product B:

Contribution: (Sh.4.20 x 120,000 units) = Sh.504,000

Fixed Overhead: (1/3 x Sh.900,600) = Sh.300,200

Profit: (Sh.504,000 - Sh.480,000 - Sh.384,000 - Sh.600,000 - Sh.300,200) = (Sh.260,200)

Product C:

Contribution: (Sh.5.70 x 80,000 units) = Sh.456,000

Fixed Overhead: (1/4 x Sh.900,600) = Sh.225,150

Profit: (Sh.456,000 - Sh.240,000 - Sh.200,000 - Sh.360,000 - Sh.225,150) = (Sh.569,150)

If Product A is deleted:

Product B:

Contribution: (Sh.4.20 x 120,000 units) = Sh.504,000

Fixed Overhead: (1/2 x Sh.900,600) = Sh.450,300

Profit: (Sh.504,000 - Sh.480,000 - Sh.384,000 - Sh.600,000 - Sh.450,300) = (Sh.510,300)

Product C:

Contribution: (Sh.5.70 x 180,000 units) = Sh.1,026,000

Fixed Overhead: (1/3 x Sh.900,600) = Sh.300,200

Profit: (Sh.1,026,000 - Sh.360,000 - Sh.320,000 - Sh.720,000 - Sh.300,200) = (Sh.325,800)

Based on the above calculations, it is advisable to delete Product A from the product range. This is because the company is making a loss of Sh.950,017 on Product A, which is greater than the total profit made on the other two products (i.e., Sh.829,350). Moreover, increasing

Explanation:

Answer:

Throughout the description segment below the overview according to the particular instance is defined.

Explanation:

The amount that a person has to pay before their insurance company then covers further costs is called an A. Deductible.

On an annual basis, an insurance company sets an amount that a person who is covered has to pay before they access their medical insurance payout.

This amount varies per individual and per policy but is generally higher for more risky clients.

Find out more on insurance deductibles at https://brainly.com/question/5306277.

#SPJ2

Answer:

captial

Explanation:

Land means things like natural resources, labor is the manual work force that either makes capital products or turns natural resources into a useable product to work, and capital is anything made that is used to make something else.

When computers are used to produce magazine articles the main factor of production is capital.

To an economist, capital often refers to liquid assets. In other words, it is cash on hand that may be used on either daily requirements or long-term initiatives.

Capital refers to the funds or resources utilized to launch a firm. Capital is a resource that might be money or anything in kind that is used to buy more raw materials and inputs. It is a critical component since every firm needs some initial money.

Therefore, the main factor of production is capital.

To know more about the capital, visit:

https://brainly.com/question/33848256

#SPJ6

This is an incomplete question, the complete question is:

What is the factor of production when computers are used to produce magazine articles?

Answer:

I believe its co-pays

Most health plans must cover a set of preventive services like shots and screening tests. This includes plans available through the Health Insurance Marketplace, they are free only when delivered by a doctor or other provider in your plan's network.

Answer:

Correct Answer:

B) "Statement ending date filter" at the right side of the transaction list

Explanation:

The above option was the one that would enable someone to show all transactions when the person is working on a business reconcillation account of an organization.