Why should i ever care just kidding
Answer:
<em>Incomplete question is "2. What journal entry should Johnson record to recognize bad debt expense for 2021? 3. Assume Johnson made no other adjustment of the allowance for uncollectible accounts during 2021. Determine the amount of accounts receivable written off during 2021 4. If Johnson instead used the direct write-off method, what would bad debt expense be for 2021?"</em>
1. Gross accounts Receivable = Allowance Account balance at beginning / 10%
= $30,000 / 10%
= $300,000
2. Year Account Title Debit Credit
2021 Bad debt expense $105,000
($500,000*10% + $55,000)
To Allowance for Doubtful Accounts $105,000
3. Accounts receivable written off = Beginning balance of Allowance Account - Ending Balance of Allowance account
= $30,000 - (- $50,000)
= $30,000 + $50,000
= $80,000
4. Bad debt expense for 2021 (direct write off method) = Amount written off = $80,000
Answer:
-$16.78%
Explanation:
Given that
Proceeds from selling the shares = $4,301
Beginning price = $12.92
The computation of capital gains yield is shown below:-
End price per share
= $4,301 ÷ 400
= $10.7525 per share
Capital gains yield = (End price - Beginning price) ÷ Beginning price
= ($10.7525 - $12.92) ÷ $12.92
= -$2.1675 ÷ $12.92
= -$16.78%
The correct answer to this open question is the following.
Unfortunately, you did not include the name of the two labor organizations. There is no further context, reference, text, or article.
However, trying to help you we can comment on the following.
Probably, you are referring to the Ontario Federation of Labor (OFL) and the Ontario Public ServiceEmployees Union (OPSEU).
If that is the case, we say that these two labor organizations have a major role in supporting the employees of Tim Horton's branches, after the response, they have taken in Ontario regarding the increase of the minimum wage in that Canadian province.
The power of these labor organizations created awareness of the employee's situation when different media channels covered the news about the demonstrations. This coverage was nationwide, alerting all Canadians about the situation in some branches of this famous and cherished Canadian fast-food restaurant.
This situation does not only grab the attention of public opinion but from the government and political parties that can get into the discussion, affecting the public image and reputation of Tim Horton.
