Hertz amortizes its revenue-generating machinery at a rate of 5% annually. Changes in the revenue-generating equipment's depreciation have no impact on Hertz's profitability. Hertz's varying rates of depreciation of revenue-generating equipment could be attributed to both accounting procedures and equipment values.
This might be brought on by a change in accounting guidelines or a spike or fall in the cost of Hertz's revenue-generating assets. Hertz is asked by interested parties to provide a justification for the depreciation modifications.
Hertz depreciates its revenue earning equipment at a rate of 5% per year. This rate is in line with the company's depreciation policy, which is to depreciate its equipment over a period of five years.
Hertz's profitability is unaffected by changes in the depreciation of its revenue-generating equipment. This is primarily due to the fact that the equipment is still in use and earning money for Hertz. The accounting techniques have altered rather than the equipment's value.
Hertz's equipment use might also be changing, which would explain the fluctuating depreciation.
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"A" represents the new quantity demanded, while "B" represents the new quantity supplied.
1. What is the result of these changes?
a) equilibrium
b) excess supply
c) excess demand
2. Based on this graph, what will prices most likely do?
a) rise
b) fall
c) stay the same
**PLEASE INCLUDE EXPLANATION
Answer:
caExplanation:
because it is possible in the graph only
Answer:
1.) Excess supply
2.) Fall
Explanation:
Edge
A decrease in the required reserve ratio will: reduce commercial bank loans and reduce the money supply. increase commercial bank loans and reduce the money supply. increase commercial bank loans and increase the money supply. decrease commercial bank loans and increase the money supply.
A decrease in the required reserve ratio will will increase commercial bank loans and increase the money supply.
What is reserve ratio?The reserve ratio is the portion of money that cannot be given out as loan or credits.
When a commercial reaches a threshold called reserve all liabilities cannot be in circulation against until they rise above the threshold.
Therefore, A decrease in the required reserve ratio will increase commercial bank loans and increase the money supply.
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How impactful was late shipments on customer questions?
There is some impact on customer questions due to delay in shipments.
As can be seen from the data that percentage shipped on time has been falling month on month (though) at a declining rate. This definitely would have caused some concerns in the minds of consumers leading to higher customer questions. However the customer questions have been rising month on moth (increasing trend) while shipments have been delayed at declining rate, which points to the fact that there are other reasons too for rising customer questions.
According to the study, 69% of consumers "are least interested in shopping with such a retailer in the future" due to shipping errors on customer questions.
For instances like when a purchased item is not delivered two days after the promised date.
Transporting Mistake
It alludes to any kind of mix-ups which are in the shipment details, that incorporate, distribution center mistake with practically no impediment,, picking blunder, , overage, naming blunder, any Item lack, harm ,requesting blunder.
Chargebacks are one of the many consequences of shipping errors. Other consequences includeclients ends up being MiserableBombed conveyances equivalent additional fuel and driver finance.Returns on products equal additional operating expenses.Concerns from customers about the productCustomers have negative perceptions of the business.since when they shop online, customers always expect perfection. Throughout this process, the business frequently fails to satisfy customers.To know more about shipments visit
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Assume a two-country, two-good, and two inputs model. Let the two countries in this model be the United States and the Rest of the World and the two goods being produced by each of the countries be steel and wheat. The two factors of production used in producing the goods in each country are capital and land. If the United States is capital-abundant and steel production is capital-intensive, the Heckscher-Ohlin model would predict that the Rest of the World would: Group of answer choices export both the goods to the United States. export wheat and import steel. export steel and import wheat. import both the goods from the United States.
Answer: export steel and import wheat
Explanation:
According to the Heckscher-Ohlin model, a country should export the foods and services that it can produce in abundance and also produce efficiently while it imports the one that is less efficiently produced of the two goods being compared.
In this scenario, the two countries in this model are the United States and the Rest of the World; the two goods being produced by each of the countries are steel and wheat; the two factors of production used in producing the goods in each country are capital and land.
Since the United States is capital-abundant and steel production is capital-intensive, this mean that the United States can produce steel more efficiently and in abundance. Therefore, U.S should produce steel and export to other countries while it buys wheat from the rest of the world.
Look at the following chart. Producer A · Can produce 200 apples and 100 oranges in one day - Can produce 400 apples and o oranges in one day
Answer:
D
Explanation:
Based on the following information, the opportunity cost of producer A is to choose to grow both varieties of fruits or apples only. Thus the correct option is D.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
In the given case, it is explained that Producer A's opportunity cost needs to determine between two choices. It states in the chart that producer A produces 200 apples and 100 oranges in a day. It also states that he can produce 400 apples and 0 oranges in one day.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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list five types of data peloton might be collecting from its customers as they ride on a bike or use a treadmill.
Peloton may collect the following five types of data from its customers as they ride on a bike or use a treadmill:
1. Workout duration: The time spent by customers exercising on the equipment.
2. Distance covered: The total distance customers travel on the bike or treadmill.
3. Heart rate: The customer's heart rate as they exercise, is usually monitored through wearable devices.
4. Calories burned: The estimated number of calories burned during the workout session.
5. Performance metrics: Data such as speed, incline, and resistance levels used by customers during their workouts.
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Select the two statements about owners of equity in a business that are TRUE.
1.Contractors own equity.
2.A Partner owns equity.
3.All stakeholders own equity.
4.Founders own equity.
Answer:
2 and 4
Explanation:
Contractors are people who work for the company, but are not employees. They don't own equity.
A partner is one of the shareholders in a company, and owns equity.
Stakeholders are anyone with an interest in the company's success, including its clients. They don't necessarily own equity.
The founder owns all of the equity until she takes on partners, who then own part of the equity.
A Partner owns equity and Founders own equity are the two statements about owners of equity in a business that are TRUE. The correct option is 1 and 2.
Equity in a company refers to ownership interests. Equity is typically held by partners and founders to represent their ownership stake in the business. While founders are the original creators or co-creators of the business, partners are people who share ownership and responsibility in a business venture.
On the other hand, contractors may offer services to the company but usually do not hold ownership rights. The phrase "all stakeholders" refers to a wide range of people and organizations that are impacted by the business, including staff members, clients, vendors and investors. Despite the fact that some stakeholders may have equity ownership not all of them will. As a result the statements that partners and founders own equity in a business are true.
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Pt 1. Read carefully through the paragraph below, and decide which of the options A-D is correct. The organizational structure at Road House, a recreational vehicle manufacturer, is segmented into operations, sales, and production. Road House managers have limited decision-making control and each oversees many workers. As always in manufacturing, efficiency is a primary goal, so Road House managers must perfect their work, even on routine tasks, and must closely track how they utilize resources. Multiple Choice
Road House managers struggle with delegation which can hurt productivity.
The RV industry is competitive and best served by a matrix structure.
Road House employees cannot be trusted to work hard, so managers must watch their every move.
Road House does not have a clear division of labor.
Pt 2. A couple from out-of-town stopped Keenan on the street and asked him for directions. Which of the following reactions could indicate a feedback barrier?
Multiple Choice
The couple asked additional questions about Keenan’s favorite local restaurants.
The couple asked Keenan to speak into their translation app to understand his directions in their native language.
The couple smiled and thanked Keenan, but did not repeat the directions back to him.
The couple paraphrased the directions that Keenan had shared and then walked away.
Pt 3. An advertising firm wants to begin using AI to sort through lists of customers, verify contact information, and segment names by target demographics. The leaders of the advertising firm know that
Multiple Choice
implementation is the biggest AI challenge.
predictive analytics uses algorithms to explain why last year’s sales were low.
robotic process automation will cost more than machine learning.
they will no longer need any humans to develop advertisements.
Pt 4. Neveah, a manager, senses that her employee Akeno has low self-esteem. Which of the following might Neveah implement in her attempt to raise Akeno’s self-esteem?
Multiple Choice
Neveah should provide frequent reminders to Akeno about improving his weaknesses.
Neveah should increase the structure and routine in Akeno’s typical work day.
Neveah should avoid giving Akeno any negative feedback and should delegate tasks to other employees.
Neveah should remind Akeno that he is dependable and always makes the customers feel welcome.
Pt 1. B - The RV industry is best served by a matrix structure and competitive.
Pt 2. C - The couple smiled and thanked Keenan, but did not repeat the directions back to him.
Pt 3. A - Implementation is the biggest AI challenge.
Pt 4. D - Neveah should remind Akeno that he is dependable and always makes the customers feel welcome.
What is matrix structure?Matrix structure is an organizational structure in which employees report to more than one manager. This type of structure allows for greater flexibility, as employees can draw on a variety of resources from different managers. It also encourages collaboration and innovation, and allows for quicker decision-making. The matrix structure is often used in businesses that require collaboration across departments and with external partners. It is also popular in highly competitive and rapidly changing markets, where the ability to make quick decisions is essential.
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You observe that the yield on US Treasury bonds increases. Which of the following could have caused the increase in yield? (Mark ALL that apply.) The Federal Reserve announced that they will probably start increasing interest rates at the end of the year, which is sooner than what investors expected previously. The Federal Reserve increased interest rates a week earlier, and the market is now catching up. A new technology was just developed that makes it easier to use Bitcoin to pay when buying goods and services. New inflation data showed an uptick in prices and increased expectations of future inflation. New data just published showed that the chances of the economy falling into a recession increased, and thereby increased the risk of corporate defaults.
The increase in yield on US Treasury bonds could have been caused by the Federal Reserve's announcement of an upcoming interest rate hike and new inflation data showing an uptick in prices.
Yield on US Treasury bonds is a measure of the return investors can expect from investing in these bonds. When yields increase, it means investors are demanding higher returns for their investments. Several factors could have caused the increase in yield, including the Federal Reserve's announcement of an upcoming interest rate hike earlier than expected and new inflation data showing an uptick in prices and increased expectations of future inflation.
The announcement of an interest rate hike increases the cost of borrowing for businesses and individuals, which could lead to lower demand for bonds and higher yields. Higher inflation expectations also increase the risk of holding bonds, leading investors to demand higher returns. Other factors, such as market expectations of a recession or corporate defaults, could also affect investor demand and bond yields.
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Which of the following is an example of multiplier effect?
A. Money invested doubles over time
B. A sport franchise gets popular over time
C. A franchise opening up in multiple locations
D. Government spending by a certain amount leads to a larger increase in economy
E. None of the above.
Option D, which describes the effect of government spending leading to a larger increase in the economy, is an example of the multiplier effect.
The multiplier effect refers to the phenomenon where an initial increase in spending or investment has a multiplied impact on the overall economy. In the case of government spending, when the government injects money into the economy through various channels such as infrastructure projects or public welfare programs, it stimulates economic activity and generates additional rounds of spending.
As the initial government spending circulates through the economy, it increases income and consumption, which in turn leads to further spending by businesses and individuals. This cycle of increased spending creates a ripple effect, generating more economic activity and producing a larger overall increase in the economy than the initial government spending amount.
Therefore, option D, which describes the effect of government spending leading to a larger increase in the economy, is an example of the multiplier effect.
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What are some ways inflation has affected you locally? Have you noticed prices of some things you buy changing over the last year?
Pick any country (other than the US) and research recent inflation data in that country. What is driving the inflation? Has inflation been high or low? Is inflation an issue in this country?
In recent years, Brazil has experienced significant inflationary pressures. Over the last year, the country has seen a notable increase in prices for various goods and services.
the country has seen a notable increase in prices for various goods and services. The main drivers of inflation in Brazil include rising commodity prices, particularly for food and energy, as well as the depreciation of the brazillien real. These factors have led to higher production costs, which are often passed on to consumers in the form of higher prices. Inflation in Brazil has been relatively high, and it has become a significant concern for the country.
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What is the marginal benefit of increasing the hours spent studying economics from 3 hours to 4 hours?
Deeper understanding of the subject matter, improved performance in exams, and increased practice opportunitiesThe marginal benefit of increasing the hours spent studying economics from 3 hours to 4 hours .
In this case, increasing the study time from 3 to 4 hours may result in several potential benefits. One possible benefit is a deeper understanding of the subject matter. Spending more time studying economics can allow for a more comprehensive grasp of concepts, theories, and their practical applications. This increased understanding may enhance performance in exams and assignments, leading to higher grades.
Additionally, studying for a longer duration can provide the opportunity to engage in more practice exercises, solve additional problems, and seek clarification on any confusing topics. This extra practice can further strengthen comprehension and reinforce learning.
However, it is important to note that the marginal benefit of studying for an additional hour can diminish as study time increases. After a certain point, fatigue may set in, leading to reduced concentration and retention. It is crucial to find a balance between study time and other activities to ensure optimal performance and well-being.
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You can visit physically or search for any business on internet. The company/business may be product or service based (your choice). You need to tell about their
a) Current products/services.
b) Types of their strategic plans.
c) How they established their operational strategy.
d) What kind of process structure they have, also explain them on the basis of front office, hybrid and back office processes ( in case of service structure) or job shop, batch process, continuous process etc. ( in case of manufacturing).
e) What are the possible distinctive competencies the business has?
For the purpose of this answer, I have chosen a service-based business, namely, Airbnb. As an online marketplace for lodging and homestay, Airbnb has several distinctive competencies that make it stand out in the industry.
Firstly, their user-friendly platform and mobile app provide convenience to their customers, allowing them to easily search and book unique accommodations in any part of the world.
Additionally, their community-based approach ensures that both hosts and guests have a safe and comfortable experience, as hosts are reviewed and rated by guests and vice versa. Airbnb's diverse range of properties, from private rooms to entire homes and unique experiences like treehouses and yurts, offer customers a personalized and authentic travel experience.
Lastly, their ability to provide affordable accommodation in comparison to traditional hotels is a major competitive advantage. Overall, Airbnb's brand reputation, unique offerings, and technological advancements are among their most notable distinctive competencies.
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advise businesses on the difference between the public sector and private sector
which of the following is the major product of the following reaction? a) i b) i and ii c) i and iii d) ii e) iii excess hbr
It is an example of HBr addition to triple bond to produce geminal dibromide (Option A).
What do you mean by triple bond?
In chemistry, a triple bond is a covalent single bond between two atoms that involves six bonding electrons as opposed to the typical two in a covalent single bond. With a bond order of three, triple bonds are stronger than the corresponding single bonds or double bonds.
What occurs when an alkyne is combined with HBr?An alkyne transforms into vinyl bromide when exposed to 1 equivalent of HBr in the presence of oxygen, peroxides, or UV light. Alkyl halides are produced by adding HBr to alkenes. The pi bond of the alkene functions as a weak nucleophile and reacts with the electrophilic proton of HBr, which is a helpful way to conceptualize the reaction.
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Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could make the official rate overstate the actual unemployment rate
Answer:
people simply quit looking for jobs.
Explanation:
In order to be considered unemployed, you must be out of work for at least four weeks and be actively seeking a new job. But if after 6 months, or 1 or even 2 years, you cannot get a new job, then you might simply quit looking for one. Since you quit looking for a job, you are not considered unemployed.
Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of to identify a replacement for him.
The correct question is:
Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of _____________ to identify a replacement for him.
Answer:
Succession planning
Explanation:
Succession planning is the process by which new leaders in an organisation are identified and developed to adequately fill in the role of departing leaders.
This process is important as it prepares experienced staff to take up responsibility in cases of resignation, retirement, or death of a leader.
In the given instance Brother Ed Phalen served as the Executive Director of the center for more than two decades.
Considering his retirement he would need to get someone to take over leadership role from him.
So he and the the board of directors will need to begin a succession plan to identify his replacement
A small manufacturing operation can produce up to 320 units per week of a product that it sells for $27 per unit. The variable cost per unit is $16, and the fixed cost per week is $1,650. (Input all amounts as positive values.)
a. How many units must the business sell per week to break even?
Break-even units/week
b-1. Determine the firm’s weekly profit or loss if it sells 130 units per week.
(Click to select) Profit Loss $ per week
b-2. Determine the firm’s weekly profit or loss if it sells 320 units per week.
(Click to select) Profit Loss $ per week
c-1. Determine the firm’s weekly profit or loss if it has revenue of $5,400 per week.
(Click to select) Profit Loss $ per week
c-2. Determine the firm’s weekly profit or loss if it has revenue of $2,430 per week.
a) Profit Loss B) $ per week
d. At what level of sales will the net income be $440 per week?
Level of sales units/week
Break-even units/week
The break-even units/week formula is as follows:
Total fixed costs / (price per unit - variable cost per unit) = Break-even units/week
Substitute the provided values into the formula and calculate the break-even units per week:$1650 / ($27 - $16) = 165 units/week
Therefore, the company must sell 165 units per week to break even.
b-
1. Determine the firm’s weekly profit or loss if it sells 130 units per week.
Profit/Loss
The Profit/Loss formula is as follows:
Profit/Loss = Revenue - (Variable Cost per Unit x Quantity Sold) - Total Fixed Costs
Substitute the provided values into the formula and calculate the profit/loss:$3510 - ($16 x 130) - $1650 = $60/week loss.
b-
2. Determine the firm’s weekly profit or loss if it sells 320 units per week.
Profit/Loss
Profit/Loss = Revenue - (Variable Cost per Unit x Quantity Sold) - Total Fixed Costs
Substitute the provided values into the formula and calculate the profit/loss:$8640 - ($16 x 320) - $1650 = $4060/week profit.
c-
1. Determine the firm’s weekly profit or loss if it has revenue of $5,400 per week.
Profit/Loss
Profit/Loss = Revenue - (Variable Cost per Unit x Quantity Sold) - Total Fixed Costs
Substitute the provided values into the formula and calculate the profit/loss:$5400 - ($16 x 225) - $1650 = $1275/week profit.c-2. Determine the firm’s weekly profit or loss if it has a revenue of $2,430 per week.
Profit/LossProfit/Loss = Revenue - (Variable Cost per Unit x Quantity Sold) - Total Fixed Costs
Substitute the provided values into the formula and calculate the profit/loss:$2430 - ($16 x 143) - $1650 = $74/week loss.
d.
At what level of sales will the net income be $440 per week?
Level of sales units/week
Profit/Loss = $440$440 = ($27 x Q) - ($16 x Q) - $1650$440 + $1650 = $11QQ = 140 units/week
Therefore, the company needs to sell 140 units per week to achieve a net income of $440/week.
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One of the factors that explains why exporters choose intermediaries primarily is:
a. The development of proprietary, technological leadership.
b. Information asymmetries concerning foreign markets.
c. Intermediaries share the same objectives as exporters.
d. Indirect exports provide more information about product performance overseas.
The factor that explains why exporters choose intermediaries primarily is:
b. Information asymmetries concerning foreign markets.
Exporters often face challenges and information gaps when entering foreign markets. They may lack knowledge about the local market conditions, consumer preferences, distribution channels, and legal and regulatory frameworks.
These information asymmetries make it difficult for exporters to directly access foreign markets and navigate the complexities involved.
Intermediaries, such as agents, distributors, or trading companies, have specialized knowledge and expertise in foreign markets. They possess local market insights, established networks, and experience in dealing with the specific challenges of international trade.
Therefore, the correct answer is option b
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A hurricane damages crops in Florida. What factor will impact economic conditions?
unemployment rates
NI natural disaster
inflation rates
government policy
Answer:
NI natural disaster i think
Explanation:
cash equivalents include a.stocks and short-term bonds b.money market accounts and commercial paper c.coins and currency d.
Cash equivalents include money market accounts and commercial paper.
cash markets include markets for such instruments as financial institution bills, including time period certificate of deposit; interbank loans (loans between banks); money marketplace mutual budget; business paper; Treasury bills; and securities lending and repurchase agreements (repos). cash marketplace accounts—also referred to as cash marketplace deposit debts (MMDAs)—are hobby-bearing deposit bills that are specifically designed to securely preserve a depositor's savings. As with maximum financial savings accounts,
they pay hobby on the money which you go away to your account and they may be normally FDIC insured. cash marketplace finances are normally considered one of the most solid investments—they enjoy low volatility and are less prone to market fluctuations. money funds are also extra liquid than different investments with comparable returns, including CDs, because they permit you to withdraw coins or buy different investments quick.Learn more about money market here: https://brainly.com/question/26893654
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What are the limitations of an MkIS?
Answer:
Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.
Explanation:
Question 14 of 20
Why might health care costs be less of a concern for a British company than
an American company?
A. America has stronger laws that regulate health care.
B. American companies do not provide health care to employees.
C. Britain allows its citizens to seek foreign treatment.
D. Britain has a system providing free universal health care.
Answer:
A
Explanation:
America has strong laws regulate health care
Answer:
its D - Britain has a system providing free universal health care.
Explanation:
No matter if you are underweight, overweight, or at an appropriate weight, you still need exercise. A. true B. false
Answer:
A. true
Explanation:
Exercise helps people lose weight and lower the risk of some diseases. Exercising regularly lowers a person's risk of developing some diseases, including obesity, type 2 diabetes, and high blood pressure. Exercise also can help keep your body at a healthy weight. Exercise can help a person age well.
Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
a. Greyhound bus system
The standard cost for blank______ manufacturing overhead is computed the same way as the standard cost for direct labor.
The standard cost for blank variable manufacturing overhead is computed the same way as the standard cost for direct labor.
Direct exertions refer to any employee who is without delay involved in the production of a product. in case your commercial enterprise manufactures bicycles, the person producing the bicycles is taken into consideration direct exertions.
One example of an instantaneous hard work fee is the hourly profits of a nice warranty inspector adjusted to include healthcare advantages and quick-time period disability. another example might be the annual revenue of a welder who works on the production line of a metal components manufacturing organization.
The workers who absolutely paint with and process the extraordinary materials manually or with the useful resource of machines are referred to as “direct labor” or “efficient labor.
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The worldwide interdependence of resource flows, product markets, and business competition is called:______.
The worldwide interdependence of resource flows, product markets, and business competition is called Globalization as it is one that characterizes the new economy.
What is resource flow?The term "resource" is related to the availability of facilities. It can take any form and can be passed from hand to hand so that everyone can make the best use of these resources.
This comes under the term "resource flow''. The product market and business competition have increased. This comes under the term "globalization''.
As a result of world-wide interdependence, globalization is related to the exchange of products and services throughout the nation and at an international level.
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Why should managers understand how visual perception may be biased?
A) Managers have a tendency to compare and contrast objects and people to each other.
B) Managers are prone to errors and biases when perceiving themselves.
C) Managers rely on their visual perception to form their opinions about people and objects around them.
D) Bias in visual perception tends to interfere with the management process.
Managers should understand how visual perception may be biased because C. Managers rely heavily on their visual perception to form opinions about the people and objects around them.
This can lead to errors and biases, especially when they compare and contrast objects and people to each other. Additionally, managers may be prone to biases when perceiving themselves. If managers are not aware of these biases, it can interfere with the management process and lead to poor decision-making. Therefore, understanding the potential biases in visual perception can help managers make more accurate and informed judgments, leading to better outcomes for their organization.
Understanding these biases allows managers to make better decisions, reduce errors, and create a more inclusive and fair work environment.
Therefore, the correct answer is option C. Managers rely on their visual perception to form their opinions about people and objects around them.
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what makes recession and recover different?
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
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the cost of estimated accounts receivable that will not be collected is referred to as
Answer: bad debt expense