Which of the following best explains why firms are using temporary workers more frequently?
A) low cost when hired through agencies
B) workers' desires for flexible schedules
C) high cost of workers' compensation insurance
D) weak economic confidence among employers
Answer: D
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On January 1, 2017, Everlight Corp
has the following account balances: Accounts Receivable 20,000 Allowance for Bad Debts 1,200 Bad Debts Expense During the year, Everlight has $155,000 of credit sales, collections of credit sales of $143,000, and write-offs of $3,300. It records bad debts expense at the end of the year using the aging-of-receivables method. At the end of the year, the aging analysis shows that $1,700 is the estimate of uncollectible accounts. Before the year-end entry to adjust the bad debts expense is made, the balance in the Allowance for Bad Debts expense is ________. A) a debit of $2,100 B) a credit of $4,500 C) a zero balance D) a debit of $3,300
Which of the following modes of entry into a foreign market involves the maximum commitment and risk?
A) franchising B) direct investment C) joint ventures D) licensing E) direct exporting