Answer:
bad debt expense 18,000
Explanation:
bad debt 1% of credit sales:
180,000 x 1% = 18,000
When the adjustment is made base on sales, the current balance in the allowance for doubtful debts is irrelevant.
So no calculation is needed for those.
Answer:
D. social risk
Explanation:
Social risk -
It refers to a specific action , which might affect the well established reputation in the society , is referred to as the social risk .
The action could be the launch of new product , issue in the product , violating any norms of business , corruption etc.
The act can capability hamper the consumers and hence have the risk of losing the consumer , which can have the negative affect on the business .
Hence , from the given scenario of the question ,
The correct answer is social risk .
The cost of adding more options. Supply and demand: would the students want to have salad for lunch, or would it go to waste?
Answer:
Option (B) is correct.
Explanation:
100% complete for conversion cost the units that are complete.
Units that produced during the period:
= Units sold + Units of finished Ending - Beginning units of Finished
= 300,000 + 60,000 - 75,000
= 285,000 units
And work in process at ending is 24,000 units but for conversion costs is 75% only.
For conversion Equivalent units:
= 75% of Ending Work in process + Units that produced during the period
= 75% × 24,000 + 285,000
= 18,000+285,000
= 303,000 units
Answer:
The total corporate value of the firm is $3,000,000
Explanation:
The total corporate value of the firm is computed as:
Total corporate value = FCF1 / (average cost of capital - Growth rate)
Where
FCF1 is $150,000
Growth rate is 6.5%
average cost of capital is 11.5%
Putting the values :
= $150,000 / (11.5% - 6.5%)
= $150,000 / 5%
= $3,000,000
