Answer:
$18,400
Explanation:
A/R $20,100
Less: Allowance for doubtful accounts ($1,700)
net realizable value of A/R $18,400
The write off amount is already included in allowance for doubtful accounts on provision basis therefore it can't be separately deducted again.
Answer:
Monopolies are not allowed. They are illegal because they stunt competition in the market. The United States government does not allow it.
Answer:
A. the assignment of indirect costs to the chosen cost object
Explanation:
Cost allocation is the assignment of indirect cost of the cost object. The indirect costs of the project are not directly attributable to the cost object. So, it requires some basis on which its assignment can be made to cost object. Overhead allocation is the example of cost allocation. So, the correct answer is A. the assignment of indirect costs to the chosen cost object.
The excess of purchases over sales is most likely due to new inflows into the fund.
Therefore only $416 million of stock held by the fund was replaced by new holdings.
Turnover Ratio = Total sales/ total assets = $416/$3,800 = 10.95% (Rounded to 2 decimals)
Turnover Ratio = 10.95%
