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LuckyWell [14K]
2 years ago
5

A company has an ending accounts receivable balance of $900,000 and estimates that uncollectible accounts will be 2% of its acco

unts receivable balance. If the Allowance for Doubtful Accounts has a credit balance of $2,000 prior to year-end adjustment. What will be the balance of the Allowance for Doubtful Accounts after year-end adjusting entries have been recorded?
Business
1 answer:
Juliette [100K]2 years ago
5 0

Answer:

$20,000

Explanation:

Allowance for uncollectible accounts will be 2% of its accounts receivable = 2% * 900,000 = $18,000

the balance of the Allowance for Doubtful Accounts after year-end = a credit balance of $2,000 + allowance for  uncollectible accounts in year of $18,000

= $20,000

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Jeff, an employee at Citrus Inc., hears about a change in the company's leave policy from one of his coworkers and shares this i
Anton [14]

Answer:

grapevine communication

Explanation:

According to my research on different communication methods, I can say that based on the information provided within the question the information has been exchanged through grapevine communication. This is a form of communicating in which information is spread rapidly between employees and superiors and does not follow any structure or rule-based system.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
2 years ago
Rachel initiated the practice of company visits as part of reaching out to her company’s loyal customers . She set up a campaign
USPshnik [31]

Answer:

Rachel has displayed the explicit concept of CSR

Explanation:

The corporate sector has a duty towards its very own business, investors as well as towards the society. Subsequently, every corporate unit must have a duty regarding the upliftment of society which is comprehensively considered as Corporate Social Responsibility (CSR).

The social duty of a business demonstrates standards and commitments by the corporate leadership to take proper activities which can ensure and improve the welfare of society alongside securing business interest.

Corporate social responsibility has been accepted more and more in the recent past. This is because the actions of the corporate sector most of the time cause negative effects to the society, therefor taking up this responsibility towards the society aims at giving back to the society while at the same time achieving their business goals.

The CSR can be divided two two main concepts; implicit and explicit Corporate social responsibility (CSR). Explicit CSR alludes to corporate rules and arrangements that accept and accountability in the interest of society.  They regularly comprise of deliberate projects by  companies to combine social and business worth and address issues viewed as being part of their social obligation. An example is a move by various corporations to provide relief aid to the victims of hurricane Katrina in 2005. On the other hand, implicit CSR refers to the role of corporations in the formal and informal institution for the benefit of the society. It usually comprises of qualities, standards  and rules which bring about obligatory and standard prerequisites that need to be addressed by the organizations.

A major key difference between implicit and explicit CSR is that implicit CSR is usually thought of as a mandatory and involuntary exercise as a reaction to it's environment, while explicit CSR is often seen as a deliberate and voluntary exercise. In our case, Rachel displayed the explicit concept of CSR since the intent was deliberate and voluntary towards the benefit of the society while at the same time improving the image of the company in the mind of the loyal customers.

7 0
3 years ago
Tyare Corporation had the following inventory balances at the beginning and end of May:
densk [106]

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost  + Direct labor  Cost + Manufacturing overhead applied on W.I.P

13,500 = Direct materials cost  + 4500 + 3600

Thus,

Direct material cost = 13500 - 4500-3600 = $5400

Note:  Direct labor cost = 300 * 15 = $ 4500

The manufacturing overhead = 300 hour *  $12 = $ 3600

So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.

8 0
2 years ago
To better facilitate an understanding of layout​ issues, Arnold Palmer Hospital studies using A. queuing theory. B. transportati
klio [65]

To better facilitate an understanding of layout​ issues, Arnold Palmer Hospital studies using (A) queuing theory.

Explanation:

Queuing theory also known as the  "queuing theory" it is used to  examine the various  component in waiting line that needs to be served.

The queuing theory refers to the various component like the arrival process,the service process,number of computerized system, number of servers used and the number of people  in queue (i.e customers)

The various  applications of the queuing theory include -traffic management,(vehicles management, two or four wheeler), scheduling patients in government hospitals, jobs that are done on machines, computer programs), and facility designs of  supermarkets.

Thus,In a hospital settings the layout issues can be dealt by understanding the queuing theory.

3 0
2 years ago
We reached our goal by helping 2000 customers this month which is 14% more than last month." Employee: "That means that we must
Sergeeva-Olga [200]

Answer:

1720

Explanation: 14 percent of 2000 is 280. 2000-280=1720

6 0
2 years ago
Read 2 more answers
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