Answer:
6.43%
Explanation:
The insurance company will calculate the internal rate of return utilizing the method detailed below:
Cash flows Year involved Present [email protected]% Present [email protected]%
($100) 1-20 ($851) ($1,487.75)
$3,310 20 $492 $1,832.67
($359) $344.92
IRR=A%+ (a/a-b)*(B%-A%)
A%=10% a= ($359) B%=3% b=$344.92
IRR=10%+(-$359/-$359-$344.92)*(3%-10%)
=6.43%
Answer:
Explanation:
Accounts receivable of 320,000 debit
Allowance 600 credit
Sales total 900,000
1% estimated uncollectible:
900,000 x 1% = 9,000
The necessary adjusting entry will be for 9,000
As the calculated allowance corresponds to the sales of this period, we anticipate that 9,000 will be uncollectible in the upcoming period. It’s essential to acknowledge the entire sum now; otherwise, in a future period, we will incur bad debt expense for this previous period.
Recognizing the full amount aligns with the sales period, accommodating for any future uncollectible amounts arising from these sales
The answer is "People-Oriented Leadership".
This type of leadership involves a leader who initiates and recognizes that communication between team members is crucial for fostering effective teamwork. Nevin sees social interactions as a means to create unity and encourage a collaborative environment that facilitates goal achievement.
To answer, "b. offer rebates and incentives for customers who purchase washing machines." Increasing a company's productivity must be strategically planned, ensuring there is demand in line with economic expectations. If a firm expands its capacity without sufficient demand, the outcome can be detrimental, especially during economic downturns. The described firm faces idle capacity and, thus, it is prudent to provide price incentives like discounts to encourage demand for washing machines, allowing the business to maintain operations until the economy rebounds.
The accurate answer is option (c). Explanation: According to the posed question, firms or organizations opt to reduce their inventory since higher spending on inventory translates to increased overall costs on other related inventory expenses. The rationale is that maintaining a fully stocked inventory results in rising costs associated with inventory upkeep, which is not advantageous for the business.
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