Assume that Metlock Company estimates its bad debt expense based on 6% of accounts receivable. What amount of bad debt expense will Metlock record if it has an Allowance for Doubtful Accounts credit balance of $4,000

Amount of bad debt expense = $47,540

Explanation:

Missing:

Accounts receivable = 859,000

Bad debt expense = 6% on Accounts receivable

Doubtful Accounts credit balance = $4,000

Find:

Amount of bad debt expense

Computation:

Amount of bad debt expense = [859,000 x 0.06] - 4,000

Amount of bad debt expense = [859,000 x 0.06] - 4,000

Amount of bad debt expense = [51,540] - 4,000

Amount of bad debt expense = $47,540

answer(b); ; ; the quantitative or qualitative variable for which the experimenter wishes to determine how its value is affected by the explanatory variable;

for submitting your question to

the answer to your question is : c) a government agency or homeowner

due to his line of work, he is most likely employed by a government agency or homeowner due to the other choices not being logical haha.