oleblue401 oleblue401

07-01-2020
Business

contestada

The method that uses a certain percentage of each year's net sales to estimate the uncollectible account is called the:

Respuesta :

pedrocarratore pedrocarratore

07-01-2020

Answer:

Percentage of net sales method

Explanation:

By using the percentage of net sales method, a business assumes that a certain percentage of the year's net sales will be uncollectible. This method relies on historical correlation between sales and uncollectible account from previous periods and can be highly reliable if a strong correlation can be observed.

Answer Link

Otras preguntas

The annual interest rate of Paul's savings account is 7.2%,and simple interest is calculated monthly. What is the periodic interest rate of Paul's account? A.

If all carnivores are removed from an ecosystem, the___are MOST DIRECTLY to be affected Producers Herbivores Autotrophs Predators

Brenda and her sister have been arguing over the use of the computer, so Brenda set the following goal: I will share the computer with my sister more often and

____trabaja en un tribunal. a. Un comerciante c. Un juez b. Un dentista d. Un bombero

what new opportunities were won by women with the passage of the 19th amendment

Read the paragraph. (1) In the 1940s, heroes such as Superman and G.I. Joe had perfect morals and character. (2) They stood for ideals that we hoped we coul

what partner dance means "to turn" in german

A bowl of fruit contains 3 apples, 4 bananas, 2 pears and 1 orange. Aminata chooses one piece of fruit at random. What is the probability that she chooses i) a

I really need help on this!! God bless you!!

You have planned purchases of $2,500. you have received orders that total $1,200, and you have ordered merchandise that totals $700. calculate the open-to-buy a