The high level of fault which serves to disqualify an out-of-work worker from unemployment compensation is called:?
A) ?employment-at-will
B) ?negligence.
C) ?willful misconduct.
D) ?third-party recoveries.
C
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The time that customers wait to be served at the delicatessen for a grocery store follows the uniform distribution between 0 and 7 minutes. What is the probability that a randomly selected customer will wait between 1 and 5 minutes at the deli?
A) 0.1429 B) 0.2857 C) 0.4286 D) 0.5714
The data below is for Music Corporation for 2016. Accounts receivable—January 1, 2016 $236,000 Credit sales during 2016 820,000 Collections from credit customers during 2016 590,000 Customer accounts written off as uncollectible during 2016 8,000 Allowance for doubtful accounts—January 1, 2016 8,700 Estimated uncollectible accounts based on an aging analysis 9,600 Refer to the data for Music
Corporation. If the aging approach is used to estimate bad debts, what amount should be recorded as bad debt expense for 2016? a. $8,000 b. $8,100 c. $8,700 d. $8,900