It should be noted that the competitive advantage of Johan's company is being affected by Demand conditions.
<h3>What are Demand conditions?</h3>
Demand conditions can be regarded as the size and nature of the customer base for products, and this usually bring about innovation and product improvement.
This is why Johan was happy that consumers had asked for a better grade of plastic for the toys his company produced.
Learn more about Demand conditions at:
brainly.com/question/4804206
Answer:
the bad debt expense is $900
Explanation:
The computation of the bad debt expense is shown below:
bad debt expense is
= Written off amount + estimated uncollectible amount at the year end
= $650 + $250
= $900
We simply added the above two items so that the amount of the bad debts for the first year could come
Hence, the bad debt expense is $900
Answer:
Net worth = $169,900
Explanation:
Patricia's net worth is the difference between her assets and liabilities. It is an important measure to guage the financial health of an individual or business.
Total assets= 4,600+ 134,000+ 58,000+ 74,000
Total assets= $270,600
Total liabilities= 6,700+ 94,000
Total liabilities= $100,700
Therefore Net worth= 270,600- 100,700
Net worth = $169,900