What are user-generated content (UGC) sites? Why are these sites useful in business?
What will be an ideal response?
On user-generated content (UGC) sites, such as YouTube, Flickr, and Yelp, users rather than website owners contribute most or all of the content. UGC sites offer a variety of opportunities to businesses. On YouTube, for example, companies post everything from product demonstrations and TV commercials to company profiles and technical support explanations. Moreover, the social aspects of these sites encourage enthusiasts to spread the word about the companies and products they endorse.
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Leaders are designations placed in the left-hand column of a table
Indicate whether the statement is true or false
Age the receivables and determine the estimated balance of the Allowance for Bad Debts account: Not yet due: $24,000, 1% uncollectible; 1-60 days past due: $6,000, 4% uncollectible; 61-180 days past due: $2,000, 25% uncollectible; Over 180 days past due: $400, 60% uncollectible
a. $24,000 b. $300 c. $1,120 d. 1,650 e. None of the above