the aforementioned. Two methodologies, the percent of sales method and the ageing of receivables method, can be used to estimate bad debts. The first method of percentage sales is used when we estimate bad debts using income statements.
Bad credit, also known as bad debt, is a debt owed to a creditor that is likely to remain unpaid and that the creditor is unwilling to do anything to collect for a variety of reasons, often because the debtor has no money. to do so, for example, because the company goes bankrupt or is liquidated. When a company manages its credit and collection process ineffectively, the result is a high percentage of bad debts. A company is at high risk of credit loss if the credit history of a new customer is not thoroughly checked or the collection team does not actively contact customers to recover payments. Depending on the accounting discipline, there are many technical definitions of bad debt.
Learn more about bad debts from
https://brainly.com/question/29414667
#SPJ4
Research a company that has gone bankrupt or otherwise stopped operations in the past decade because their strategy was ""stuck in the middle"" of otherwise viable generic business-level strategies. Could its demise have been prevented?
Company: Blockbuster is a prime example of a company that went bankrupt due to being "stuck in the middle" of generic business-level strategies.
1. Background: Blockbuster was a video rental company that dominated the market in the late 90s and early 2000s. It offered a wide selection of movies and convenience through its brick-and-mortar stores. 2. Generic business-level strategies: In the context of business-level strategies, there are three main types: cost leadership, differentiation, and focus. Blockbuster struggled because it failed to effectively implement any of these strategies. 3. Stuck in the middle: Blockbuster found itself stuck in the middle by not fully committing to any of the three generic business-level strategies. It did not have the low-cost advantage of competitors like Red box and Netflix, nor did it offer unique differentiating factors to set itself apart.
4. Competition: Blockbuster faced intense competition from emerging online streaming services like Netflix, which offered a more convenient and cost-effective solution to consumers. Blockbuster's reliance on physical stores and late adoption of online rentals put it at a significant disadvantage. 5. Failure to adapt: Blockbuster failed to recognize the shifting landscape of the industry and the preferences of its customers. It did not invest enough in digital innovation and ignored the potential of online streaming. 6. Missed opportunities: Blockbuster had the opportunity to acquire Netflix in its early stages but declined the offer. This decision further hindered its ability to compete effectively in the market.
7. Recommendations for preventing demise: To prevent its demise, Blockbuster could have taken the following step a. Embrace digital technology: Blockbuster should have invested in online streaming services and developed a digital platform to cater to changing consumer preferences. b. Diversify business model: Instead of solely relying on physical stores, Blockbuster could have diversified its business model by offering online rentals and digital content. c. Adapt pricing strategies: Blockbuster could have adjusted its pricing strategies to compete with low-cost alternatives like Red box and Netflix's subscription-based model. d. Customer-eccentric approach: Blockbuster could have focused on enhancing the customer experience by providing personalized recommendations, exclusive content, and improved convenience. e. Strategic partnerships: Blockbuster could have formed partnerships with other companies in the entertainment industry to expand its offerings and increase customer engagement.
In conclusion, Blockbuster's demise could have been prevented if it had adapted to the changing market dynamics, embraced digital technology, and differentiated itself from competitors. By recognizing the need to shift its business model and investing in online streaming services, Blockbuster could have remained a prominent player in the entertainment industry.
To know more about bankrupt visit:
https://brainly.com/question/30905799
#SPJ11
If you invest $1,000 at 12% interest, how much money will be in the account after two years, compounded annually? $1,240 $1,120 $1,254.40 $1,300
Answer:
FV= $1,254.4
Explanation:
Giving the following information:
Initial investment= $1,000
Number fo years= 2
i= 12% compunded annually
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
PV= present value
FV= 1,000*(1.12^2)
FV= $1,254.4
Which of the following is true of the government legislations related to human resource management in different countries?
A) Canadian laws prohibit discrimination on the basis of language in all parts of the country except Quebec.
B) In Australia, gender opportunities for women lag behind those in the United States.
C) In Mexico, employees are less likely to be unionized than in than in the United States.
D) Unlike the rest of Europe, legislation in Germany does not require companies to practice
representative participation.
Regarding governmental regulations pertaining to human resource management in many nations, the following is accurate: A) With the exception of Quebec, discrimination against people based on their language is illegal under Canadian law.
This is due to Quebec's own language rules, which govern, among other things, the use of French in the workplace. Federal law forbids language-based discrimination in other provinces of Canada.
The following claims are untrue:
B) Gender opportunities for women in Australia are less favourable than in the US. This claim is untrue. Australia and the United States both place 30th globally in terms of gender equality, according to the Global Gender Gap Report 2021.
C) Contrary to popular belief, Mexican workers are less likely to belong to a union than American workers are. The percentage of workers who are union members is higher in Mexico than in the United States, according to data from the International Trade Union Confederation.
D) Unlike the rest of Europe, German law does not mandate that businesses engage in representative participation. This claim is untrue. The codetermination system used in Germany mandates that boards of directors for businesses over a particular size include members from the workforce. This is an instance of representative involvement in business decision-making.
To know more about human resource management,
https://brainly.com/question/30999753
#SPJ11
What are sales that are forecasted?
estimated markdowns
shrinkages
planned stock levels
planned sales
Planned sale are sales that are forecasted. Planned sale helps forecast the level of sales you want to achieve and outline a plan to reach your goals. Sales plans include past sales, risks, market conditions, target individuals, and prospect and sales plans.
What is sales plan?A sales plan is a set of strategies designed to help the sales team achieve their target sales quotas and the company to achieve its overall sales goals. A sales plan helps you forecast the level of sales you want to achieve and outline a plan to reach your goals.
Why are sales plans important?Sales planning is important because it helps you anticipate potential risks and allows you to mitigate them proactively. Not only does it help you develop a strategy, but it also puts you in control of your product because it helps you determine the current status of your product, where you want it to go, and how you can get your hands on it.
To learn more about planned sales visit:
https://brainly.com/question/25641072
#SPJ1
D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?
Answer:
Explanation:
a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition. For a consumer, perfectly competition which provides more goods at a lower price is better.
b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation. To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.
Answer:
Explanation:
compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.
perfectly competitive firms are better for consumer
govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.
How long after taxes are accepted will they be deposited?.
2. Where does Steve Jobs’ power and influence come from?
Answer:
working with apple and creating the mac
Explanation:
Use this data to create a graph below.
Follow these steps to create a graph.
• Draw a coordinate system with an x- and y-axis.
• Examine the data to be graphed (in the table). Determine an appropriate title for each axis.
• Determine appropriate labels for each axis.
• Graph the data.
• Connect each point to create a curve.
The graph for the data given above is here by indicated on the required coordinate system.
What is a coordinate system?A coordinate system is a means of determining the position of a point on the earth's surface.
To indicate the position of a point, most coordinate systems employ two integers called coordinates.
Each of these values reflects the distance between the point and the origin, which is a fixed reference point.
Graphing the data:The graph for the above data is attached accordingly.
What is the importance of a graphed Data?Graphs are a popular way to visually depict data connections.
A graph's objective is to convey facts that is too many or intricate to be fully expressed in words and in less space.
However, do not use graphs for little quantities of data that may be expressed in a phrase.
Learn more about graphs:
https://brainly.com/question/19040584
#SPJ1
Which best describes the role of a consumer?
A) buying goods
B) making products
C) providing products
D) supplying services
quantum mechanics shop sells a bicycle to reniel, a costumer who uses a local card(a national credit card, but not issued by an bank) in recrding this sale the entity should record
Answer:
the journal entry to record this sale should be:
Dr Accounts receivable X
Dr Credit card fees Y
Cr Sales revenue X+Y
Explanation:
The journal entry to record sales using credit cards issued by banks, e.g. VISA, MasterCard, etc., which pay immediately or almost immediately (the same day or the following day) and manage the payments through the company's bank account:
Dr Cash X
Dr Credit card fees Y
Cr Sales revenue X+Y
Since credit cards not issued by banks (e.g. many American Express cards are issued by American Express itself not by banks) do not pay immediately, a company must record an account receivable, it cannot record cash. In order to collect the payment, the company must submit the credit card receipt to the credit card company and then wait for it to be processed and paid. This may take a few days or even a couple of weeks.
Match the level of unemployment with the condition of the overall economy. Unemployment equals the natural rate. Cyclical unemployment equals zero. Unemployment is below the natural rate. Unemployment is above the natural rate. Actual GDP is below potential GDP. Actual GDP is equal to potential GDP. Actual GDP is above potential GDP.
Answer:
Note: The organized question is attached as picture
1. Actual GDP is below potential GDP
Level of unemployment: Unemployment is above the natural rate
2. Actual GDP is equal to potential GDP
Level of unemployment: Unemployment equals the natural rate
3. Actual GDP is above potential GDP
Level of unemployment: Unemployment is below the natural rate
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
If Monica wants to protect her intellectual property so that customers know it is her product that they are buying, she should consider
- A patent
- A trademark
- A copyright
- A trade secret
If Monica wants to protect her intellectual property so that customers know it is her product that they are buying, she should consider a trademark.
A trademark is a sort of proprietary rights comprised of an acknowledged sign, layout, or expression that is employed to differentiate an entity's products or services from the ones given by other organizations and distinguish them as being supplied by that origin. A trademark may become controlled by an individual, a business, or a different kind of legal body. A trademark could be found on an article, a tag, an offer, or a package.
A phrase known as "service marks" is occasionally used to denote trademarks that designate products. An item's or service's trademark identifies the business that is its owner. The owner of a trademark has the right to sue to stop infringement. In order to follow this course of action, official trademark registration is generally a need.
Therefore the correct option is B.
Learn more about Business here:
https://brainly.com/question/26106218
#SPJ4
2. Which of the following is an example of an operative employee? A. Regional manager B. Head coach C. Chairman of the board D. Assembly line worker C
An example of an operative employee is an assembly line worker.
The following information should be relevant:
Operating employees are those employees who generate the products & services directly for an organization.Also, it does not supervise the work of others. So, the option a, b, and c are incorrect.Therefore we can conclude that an example of an operative employee is an assembly line worker.
Learn more about the employee here: brainly.com/question/21458711
seedbed preparation
activities
1.cleared the area
17. Identify TWO aspect that may be an indication that you do not have time
management skills.
Bad time management causes low productivity since tasks aren't planned out or given priority. It may cause individuals to miss out on time from routine duties and finally result in burnout. Setting attainable goals is one of several strategies for enhancing time management abilities.
What contributes to students' bad time management?Some of the most common effects of poor time management among college students include lack of sleep, decreased academic performance, continuous procrastination, poor nutrition, and a higher risk of dropping out. Students frequently miss class, rush through tasks, and submit subpar work as a result.
How much does poor time management cost?You can end up working longer and longer hours to do your task as a result of poor time management, which will leave you exhausted, stressed, burnt out, and unwell with less time for your personal life.
Learn more about time management: https://brainly.com/question/19287112
#SPJ9
What kind of skill is persuasion?
soft skill
hard skill
neutral skill
high skill
Answer:
Persuasion is convincing others to change their point of view, agree to a commitment, purchase a product or service, or take a course of action. Oral and written persuasive skills are valued in the workplace. Sales is the most obvious form of persuasion, but this skill is used in many other positions as well.
Explanation:
Lightskins or Darkskins
Or Other ?
Answer:
any kind of boy
Explanation:
I have no type
You have become a trusted resource for your organization, and they have asked for your advice on gaining a competitive advantage in the field. More specifically, they would like your analysis and recommendations on ways to bring their company culture, demographics, and technologies up to current industry practices and beyond. Review the demographic and technological information about your company. If the information is not public, base your decisions on a similar company and research. This information will assist you as you complete your Organizational Presentation in Step 2 of this assessment.
Improving company culture, demographics, and technologies can contribute to gaining a competitive advantage.
To enhance company culture, it is essential to foster an environment that values employee engagement, collaboration, and innovation.
This can be achieved through initiatives such as promoting open communication channels, encouraging continuous learning and professional development, recognizing and rewarding employee achievements, and creating a diverse and inclusive workplace culture.
In terms of demographics, it is important to have a workforce that reflects the diversity of the customer base and target market. This can be achieved through targeted recruitment and hiring practices, implementing diversity and inclusion programs, and providing equal opportunities for career growth and advancement.
Regarding technology, staying up to date with current industry practices and adopting cutting-edge technologies can give your organization a competitive edge. This may include investing in cloud computing, data analytics, artificial intelligence, automation, and digital transformation initiatives.
It is crucial to regularly assess technological needs, conduct market research, and invest in training and development to ensure employees have the necessary skills to leverage these technologies effectively.
For more such question on company visit:
https://brainly.com/question/6528766
#SPJ8
derek will deposit $3,214.00 per year for 20.00 years into an account that earns 10.00%, the first deposit is made next year. how much will be in the account 36.00 years from today?
The final value is $778491.11
how much will be in the account 36.00 years from today?Step1:
Giving the following information:
Derek will deposit $3,214.00 per year for 20.00years into an account that earns10.00%, The first deposit is made next year.
First, we need to calculate the final value of the first 20 years using the following formula:
FV= {A*[(1+i)^n-1]}/I
A= annual deposit
FV= {3,214*[(1.09^20)-1]}/0.09= 778491.11
Now, we can calculate the final value of the following 10 years at an interest rate of 10%.
FV= PV*(1+i)^n
FV=778491.11 *(0.1^10)= $778491.11
To learn more about deposits refers to;
https://brainly.com/question/14596726
#SPJ4
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount period. What is the amount of sales from the above transactions? a.$16,000 b.$26,010 c.$25,500 d.$24,990
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount period .The amount of sales from the above transactions is $24,990.
The amount of sales from the above transactions is $25,500.
The terms 2/15, net 45 mean that if Pound Co. pays within 15 days, they can take a 2% discount. Otherwise, the full amount is due within 45 days.
Since Pound Co. paid within the discount period, they can deduct 2% from the $25,500. To find the discounted amount, we multiply $25,500 by 2%:
$25,500 x 2% = $510
The discounted amount is $510. To find the amount paid by Pound Co., we subtract the discount from the original amount:
$25,500 - $510 = $24,990
Therefore, the amount of sales from the above transactions is $24,990.
In this scenario, Dollar Co. sold merchandise to Pound Co. on account for a total of $25,500.
The terms provided for this transaction are 2/15, net 45. This means that if Pound Co. pays within 15 days, they are eligible for a 2% discount. Otherwise, the full amount is due within 45 days.
Since Pound Co. paid within the discount period, they can take advantage of the 2% discount. To calculate the discount amount, we multiply the original amount of $25,500 by 2%:
$25,500 x 2% = $510
Therefore, the discount amount is $510. To find the amount paid by Pound Co., we subtract the discount from the original amount:
$25,500 - $510 = $24,990
Hence, Pound Co. paid a total of $24,990 for the merchandise.
In conclusion, the amount of sales from the above transactions is $24,990.
To know about merchandise visit;
brainly.com/question/31977819
#SPJ11
why is it important to be a good communicator for a successful future?
Answer:
Explanation:
Being an excellent communicator can help you land that first job in your new career and ensure a positive future. It can separate you from other applicants, help you be a more effective employee and serve as a stepping stone to leadership responsibilities and career advancement.
A good time to observe the dress code to prepare for your first day is during
a your interview
b. your second day
your Orientation
d the weekend
A good time to observe the dress code to prepare for your first day is during an interview. Thus, option A is correct.
What is interview?A planned interaction in which one party asks questions and the other responses is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as a "interview" in everyday speech.
In general, the individual should dress professionally or in business clothes for a job interview. The interview is a dialogue in which you and your prospective employer exchange information.
Therefore, it can be concluded that During an interview is a wonderful opportunity to review the dress code in order to get ready for your first day. Therefore, choice A is correct.
Learn more about interview here:
https://brainly.com/question/15128068
#SPJ5
I need two answers please by 2pm today.
Are you motivated more by intrinsic rewards (satisfaction, sense of accomplishment, etc.) or by extrinsic rewards (money, bonuses, etc.)?
Intrinsic rewards can be more satisfying to a worker than extrinsic ones, because internal motivation is something natural that does not depend on external stimuli.
How does an employee get motivated?There is a set of characteristics that helps in motivation in the work environment. Intrinsic rewards correspond to job satisfaction. To be achieved, the employee needs to feel valued and fulfilled with their responsibilities at work.
Extrinsic rewards are related to external motivations, such as a good salary and bonuses.
Therefore, motivation is essential in the workplace, as it stimulates employee productivity, satisfaction and integration.
Find out more about intrinsic rewards on:
https://brainly.com/question/13884108
#SPJ1
The bls reported that the cpi in july 2010 was 226. This news tells you that?
The news that the CPI (Consumer Price Index) in July 2010 was 226 provides important information about the change in prices of goods and services. The CPI is a measure of inflation, which indicates the average price level for a basket of goods and services commonly purchased by households.
Here's what this news tells us:
1. Inflation: An increase in the CPI value from a previous period indicates inflation. In this case, the CPI of 226 in July 2010 suggests that prices, on average, were higher compared to a base period.
2. Cost of living: The CPI is used to calculate changes in the cost of living. If the CPI increases, it means that consumers need to spend more money to maintain their standard of living.
3. Purchasing power: When prices rise, the purchasing power of money decreases. A higher CPI value implies that consumers' money buys fewer goods and services than before.
4. Economic impact: The CPI is an important economic indicator. It helps policymakers, businesses, and individuals make decisions related to investments, wages, and economic planning.
In summary, the news that the CPI in July 2010 was 226 indicates inflation, a higher cost of living, decreased purchasing power, and has economic implications.
Learn more about information
https://brainly.com/question/33427978
#SPJ11
The news that the CPI (Consumer Price Index) in July 2010 was 226 tells us about the level of inflation during that time. The CPI measures changes in the average prices of goods and services consumed by households.
In this case, a CPI of 226 means that prices were higher compared to a base period. To better understand the impact, let's consider an example. If the CPI increased by 10% from the base period, it means that prices rose by an average of 10% over the specified time frame. This information is useful for individuals, businesses, and policymakers to evaluate the purchasing power of money and make informed decisions regarding investments, wage negotiations, and monetary policies.
The CPI measures changes in the average prices of goods and services consumed by households. A CPI of 226 means that prices were higher compared to a base period. For example, if the CPI increased by 10% from the base period, it means that prices rose by an average of 10% over the specified time frame. This information is important for individuals, businesses, and policymakers to understand the impact of inflation and make informed decisions regarding investments, wages, and monetary policies.
To know more about CPI visit-
brainly.com/question/14868990
#SPJ11
an offer that can only be accepted by an offere's performance creates a(n) __________________________ contract
Answer: unilateral contract
Explanation:
An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.
Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.
Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.
In Scene 2, Will promises to care for the puppies because —
he thinks taking care of puppies will be easy
he doesn't know how to take care of the puppies
he knows that taking good care of them is the responsible thing to do
he wants to prove to his dad that he can care for the puppies
The most applicable reason why Will pledges to watch for the puppies is that he knows that taking good care of them is the responsible thing to do.
This suggests that Will is apprehensive of the requirements of the puppies and the responsibility that comes with retaining and minding for them. This reason indicates that Will is committed to furnishing the puppies with proper care and attention, which is pivotal for their health and well- being. The other reasons, similar as allowing taking care of puppies will be easy, not knowing how to take care of the puppies, or wanting to prove to his pater that he can watch for the puppies, don't inescapably guarantee that Will will give the necessary care and attention that the puppies bear.
Retaining and minding for puppies requires a significant quantum of time, trouble, and responsibility. Puppies need diurnal exercise, proper nutrition, regular veterinary care, and socialization to grow into healthy, happy adult tykes . Neglecting these requirements can lead to problems, health issues, and a dropped quality of life for the puppy dog.
Learn more about puppies at
https://brainly.com/question/28518332
#SPJ4
At a local grocery store, they sell a Visa card that has a prepaid amount on it. People can use this card anywhere, but it cannot be used for more than its prepaid value. Which type of card is this?
A.
a debit card
B.
a smart card
C.
a stored value card
D.
a retail credit card
The type of the card is a Retail Credit card. Hence the option (D) is the correct one.
What is the function of retail credit cards work?For retail credit cards, an image You can potentially obtain benefits at some retail establishments if you have a retail store credit card.
Decide if you want a card that restricts the retailers with which you may earn rewards or one that enables you to earn rewards for regular purchases. Benefits could consist of privileged access to funding, exclusive deals, discounts, and awards.
For instance, paying in whole for a motorcycle costing $10,000 would be excessive for a buyer.
Consumer will receive a $10,000 loan from retail credit institutions, which will be repaid with interest over a period of time in the form of monthly installments.
Hence the correct option is (D).
Learn more about Retail Credit Card , from :
brainly.com/question/30225683
#SPJ1
poor decision-making by lower-level managers can lead to any of the following adverse outcomes except: question 11 options: increased productivity if there are too few workers. increased expenses if there are too many supplies. increased turnover if the decisions involve managing workers. reduced morale if the decisions involve managing workers. frustration among employees if the decisions involve training workers.
The correct option is A. Poor decision-making by lower-level managers can lead to any of the following adverse outcomes except increased productivity if there are too few workers.
Management is the administration of an enterprise, whether or not it's miles a commercial enterprise, a nonprofit agency, or a central authority body. it is the art and technology of coping with sources of the commercial enterprise. management is how businesses arrange and direct workflow, operations, and personnel to satisfy business enterprise goals. The number one intention of control is to create a surrounding that lets employees work successfully and productively.
The easy means of management is performing things properly. management means organizing and coordinating a commercial enterprise's sports to reap unique targets. In other words, management is making plans, organizing, controlling, and main a business enterprise to achieve its specific goals. control has exceptional factors. Managers are essential for any organization to acquire its goals. they're the spine of any agency, and their position is to ensure that the whole thing runs smoothly inside the enterprise. The success or failure of an organization relies upon how well its managers handle their obligations.
To learn more about Management visit here:
brainly.com/question/14523862
#SPJ4
Complete Question:
poor decision-making by lower-level managers can lead to any of the following adverse outcomes except question 11 options:
A). increased productivity if there are too few workers.
B). increased expenses if there are too many supplies.
C). increased turnover if the decisions involve managing workers.
D). reduced morale if the decisions involve managing workers.
E). frustration among employees if the decisions involve training workers.
explain the meaning of a business opportunity
Answer:
involves sale or lease of any product, service, and equipment. that will enable the purchaser-licensee to begin a business.
Explanation:
you go back to people that are willing to probably invest into your business