One of the following is an example of managing earnings down (reducing earnings) ?
(A) Reducing research and development expenditures.
(B) Changing estimated bad debts from 3 percent to 2.5 percent of sales.
(C) Revising the estimated life of equipment from 10 years to 8 years.
(D) Not writing off obsolete inventory.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “One of the following is an example of managing earnings down (reducing earnings) ? (A) Reducing research and development expenditures. (B) ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Jane borrows $100,000 on January 1 from a bank at a 12% interest rate. Jane assigns $140,000 of its accounts receivable as collateral and agreed to pay a financing fee of 2% of accounts receivable assigned.
Answers (1)
In the single-period inventory model, the overage cost is A. salvage value per unit. B. sales price per unit minus cost per unit. C. cost per unit minus salvage value per unit. D. cost per unit minus sales price per unit.
Answers (1)
Wilson company has a predetermined overhead rate of $5 per direct labor hour. the job-order cost sheet for job 145 shows 500 direct labor hours costing $10,000 and materials requisitions totaling $17,500.
Answers (1)
In the former Soviet Union, producers were paid for meeting output targets, not for selling products. Under those circumstances, what were the economic incentives for producers? Select one: a.
Answers (1)
An interest group that appears to have many grassroots members but in fact does not have individual citizens as members is called what?
Answers (1)
New Questions in Business
Tangshan China Company's stock is currently selling for $80.00 per share. The expected dividend one year from now is $4.00 and the required return is 13 percent.
Answers (1)
18. What was a major factor in the failure of (mostly) command economies? A. Lack of voting rights B. Lack of the profit motive C. Not enough military spending D. Abundant basic goods
Answers (2)
You are saving to buy a $188,000 house. There are two competing banks in your area, both offering certificates of deposit yielding 7.3 percent.
Answers (1)
Has the company you're auditing recently increased or decreased their operations due to mergers or sales of parts of the business?
Answers (1)
Tom lives in an apartment where he pays $8,000 a year in rent. Sarah lives in a house that could be rented for $10,000 a year. How much do these housing services contribute to GDP?
Answers (1)