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nydimaria [60]
4 years ago
13

Bend Company uses the allowance method to account for uncollectible receivables. At the beginning of the​ year, Allowance for Ba

d Debts had a credit balance of $ 900. During the year Bend wrote off uncollectible receivables of $ 2 comma 200. Bend recorded Bad Debts Expense of $ 3 comma 400. Bend's ​year-end balance in Allowance for Bad Debts is $ 2 comma 100. Bend's ending balance of Accounts Receivable is $ 19 comma 800. Compute the net realizable value of Accounts Receivable at​ year-end.
Business
1 answer:
Len [333]4 years ago
4 0

Answer:

$17,700

Explanation:

The computation of the net realizable value of Accounts Receivable at​ year-end is shown below:

= Ending balance of Accounts Receivable - year-end balance in Allowance for Bad Debts

= $19,800 - $2,100

= $17,700

Simply we deducted the year-end balance in Allowance for Bad Debts from the ending balance of accounts receivable and the same is presented in the currents asset side of the balance sheet.

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Describe a real or made up but realistic example of an emotional consumer motive that you or someone you know has experienced. W
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There are a lot of reasons in buying a certain a product and sometimes we buy things which are not really necessary. One great example for emotional consumer motive in when we buy food because we need them to survive in this world. 
5 0
4 years ago
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If you purchase a 5-year, zero-coupon bond for $691.72, how much could it be sold for 3 years later if interest rates have remai
Kryger [21]

Answer:

Following is given the solution for given question.

I hope it will help you a lot!

Explanation:

8 0
3 years ago
An example of a committed fixed cost at Bennett, Inc. is: Group of answer choices Property taxes on the factory building New pro
svp [43]

Property taxes on the factory building is an example of a committed fixed cost at Bennett, Inc.

<h3>What are committed fixed cost?</h3>

The costs necessary to maintain current production capacity are referred to as committed fixed costs or capacity costs. These expenses result from top managers' long-term choices regarding the scope and makeup of their firm.

committed fixed costs are essential for the efficient functioning of a business, and their absence may disrupt such operations, which could have a real effect on the organization.

For businesses, property taxes are a fixed expense. The taxes normally don't vary and are only adjusted for improvements in the value of the related asset or facility. However, property taxes typically remain constant from year to year.

To know more about fixed cost refer to:  brainly.com/question/14597388

#SPJ4

6 0
2 years ago
When the coupon rate on newly issued bonds ________ relative to older, outstanding bonds, the market price of the older bond ___
azamat

Answer:

The Answer is B) Rises in the secondary market decreases.

                                 

Explanation:

When the coupon rate on newly issued bonds<u> decreases</u> relative to older, outstanding bonds, the market price of the older bond rises in the <u>secondary market.</u>

<u></u>

A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate

For example, a $2,500 bond with a coupon of 10% pays $250 a year. Typically these interest payments will be semiannual, meaning the investor will receive $250 twice a year.

If two bonds offer different coupon rates while all of their other characteristics (e.g., maturity and credit quality) are the same, the bond with the lower coupon rate generally will experience a greater decrease in value as market interest rates rise.

Bonds offering lower coupon rates generally will have higher interest rate risk than similar bonds that offer higher coupon rates.

Cheers!        

4 0
3 years ago
When comparing investment opportunities with approximately the same cost and risk level, choose the investment with the:
Triss [41]

Answer: highest positive net present value

Explanation:

Net present value is typically used by organizations in order to know the projects that will bring more profit to an organization.

Therefore, when comparing investment opportunities with approximately the same cost and risk level, choose the investment with the highest positive net present value.

3 0
3 years ago
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