Business, 15.04.2020 00:58 meganwintergirl
The aging schedule at December 31, 2020, for Gidget Inc. shows the following breakdown of total accounts receivable. Status Amount Not past due $455,000 Past due 1-30 days 108,000 Past due 31-60 days 55,000 Past due over 60 days 14,000 Total $632,000 The company considers the risk of credit losses to be similar within the aging pools and estimates the following credit loss rates by pool: not past due, 0.5%; past due 1-30 days, 1%; past due 31-60 days, 2%; and past due over 60 days, 8%. The Allowance for Doubtful Accounts has a $3,300 credit balance before adjustment. What amount is debited to Bad Debt Expense to adjust the Allowance for Doubtful Accounts to its desired ending balance on December 31, 2020?
Answers: 3
Business, 22.06.2019 08:00
Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate
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Business, 22.06.2019 11:30
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Business, 22.06.2019 12:30
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer
Answers: 3
Business, 22.06.2019 13:30
What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?
Answers: 3
The aging schedule at December 31, 2020, for Gidget Inc. shows the following breakdown of total acco...
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