On the balance sheet after adjusting entries are made, the amount shown for the allowance for doubtful accounts is equal to the total estimated uncollectible accounts as the end of the year. A doubtful account is a reduction of the total amount of acounts receivable appearing on a company's balance sheet and are listed as a deduction immediately below accounts receivable line item.
The answer to the question more invest can increase economic growth by "Creating Jobs". It is the letter "C".
It could not be A and C since when these two happens it means the country has an unhealthy economic growth.
Answer:
A firm with financial leverage has a larger equity multiplier than an otherwise identical firm with no debt in its capital structure.
Explanation:
The equity multiplier basically tells us what portion of the company's assets were financed through equity, i.e. what portion was financed by the company's owners.
the formula to determine the equity multiplier = total assets / total equity
the higher the equity multiplier, the higher the return on equity (ROE), but a high equity multiplier (financial leverage) also increases the company's risk since eventually it might not be able to pay off its creditors if something goes wrong.
Answer:
Profit and loss are directly linked to the amount of money the company is spending to run its business -- its operating expenses. So changes in operating expenses naturally affect owner's equity.
