subject
Business, 12.08.2020 08:01 slycooper99

Marvin company is a subsidiary of hughes corp. the controller believes that the yearly allowance for doubtful accounts for marvin should be 8% of gross accounts receivable. given the recession and the high interest rate environment, the president, nervous that the parent company might expect the subsidiary to sustain its 10% growth rate, suggests that the controller increase the allowance for doubtful accounts to 9%. the president thinks that the lower net income, which reflects a 6% growth rate, will be a more sustainable rate for marvin company. instructions

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:30
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
question
Business, 22.06.2019 16:10
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
question
Business, 23.06.2019 00:30
Bruno's pizza restaurant makes full payment of $8,300 on an account payable to stella's cheese co. stella's would record this transaction with a
Answers: 3
question
Business, 23.06.2019 06:50
Which of the following does not use any type of computer code in their work? a. web designer b. database administrator c. information security d. computer user support
Answers: 2
You know the right answer?
Marvin company is a subsidiary of hughes corp. the controller believes that the yearly allowance for...
Questions
question
Biology, 01.06.2021 22:10
question
Mathematics, 01.06.2021 22:10
question
Mathematics, 01.06.2021 22:10
question
Mathematics, 01.06.2021 22:10
question
Physics, 01.06.2021 22:10
question
Mathematics, 01.06.2021 22:10
Questions on the website: 13722360