Determine the project's NPV if the Profitability Index is 1.4; and the investment value is $500,000.
A) $250,000
B) $200,000
C) $25,000
D) $75,000
Ans: B) $200,000
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One of the main advantages of browser-based mobile data collection is that:
A) data can be collected from any region of the world. B) virtually every mobile device worldwide supports SMS as a single global standard. C) it can easily support multi-mode and device-agnostic solutions. D) there is no need to worry about respondents absorbing data collection costs
During the year, Bernard Company had net credit sales of $45,000. At the end of the year, before adjusting entries, the balance in Accounts Receivable was $ 12,500 (debit) and the balance in Allowance for Bad Debts was $650 (credit). If the company uses an income statement approach to estimate bad debts at 5%, what is the ending balance in the Allowance for Bad Debts account?
A: $1,275 B: $1,600 C: $2,250 D: $2,900