Explanation:
The journal entry to record the uncollectible is shown below:
On December 31
Bad debt expense $800
To Allowance for doubtful debts $800
(Being the bad debt expense is recorded)
The computation is shown below:
= Sales × estimated percentage - credit balance of doubtful accounts
= $280,000 × 0.5% - $600
= $1,400 - $600
= $800
Answer:
current price of the stock P = $55.084
Explanation:
given data
dividend D1 = $3.25 per share
Dividend growth rate g = 5.1 % = 0.051
Required rate of return r = 11 % = 0.11
solution
We can find the price of the company stock today by using Gordon's Growth Model that is
current price of the stock P = 
..................1
here D1 is dividend and r is rate of return and g is growth rate
so here value in equation 1 we get
current price of the stock P = 
current price of the stock P = $55.084
Answer: STRATEGIC PLAN
Explanation: Strategic plan is a well thought approach to deciding, determining and organising the flow of resources or the way activities are conducted. Strategic plan is known to consists of five parts or components which includes;
A vision statement which shows the future endeavours of the business or organisation.
A mission statement which is built based on the strategic objectives of the business or organisation.
Goals and Objectives which show what is to be achieved.
An action plan ways or steps to take towards achieving the goals. Details on how often the strategic plan will be reviewed and updated. The contributions of Jonah as the Chief marketing officer of the apparel company in this scenario is will most likely help to develop the STRATEGIC PLAN of the company.
Im guessing C because the other ones are not well worded.
Answer:
A. management by objectives (MBO).
Explanation:
Lyell's experience suggests that Nutty Boys is utilizing management by objectives (MBO).
Management by objectives (MBO) is a strategic management model that aims to improve the performance of an organization by clearly defining objectives <u>that are agreed to by both management and employees.</u>
In the scenario, it was stated that ''Lyell likes the fact that managers at Nutty Boys listen to their subordinates' ideas and get everyone involved in setting goals and objectives.''
Hence, her experience matches the definition of Management By Objectives.
