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Which the bad debt allocation method is

Assignment Help Financial Accounting
Reference no: EM132934420

Problem 1: The formula for return on investment is the net income divided by the assets. This financial ratio indicates to the management of the businesses:

1- That the Balance Sheet is unbalanced with the Income Statement, the higher the value of the investment return ratio.

2- That the net income is equal to the total assets of the company

3- The profitability of the company

4- The need for the management of the company to increase its debt, selling long-term assets

Problem 2: The bad debt allocation method is:

1- A calculation that is used to estimate how much credit is considered to be obtained from customers who represent a greater risk

2- An estimate of the funds that will not be paid by clients on their pending accounts

3- Based on international accounting laws, adopted in the United States in 2001

4- More successful than the direct method of canceling accounts

Reference no: EM132934420

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