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Alla [95]
3 years ago
13

Hunter, Inc.'s accounts receivable increased during the year by $407,000. Its bad debt expense was $235,000, and its allowance f

or uncollectible accounts increased by $170,000. What is the amount of cash Hunter, Inc. received from customers during the reporting period if its sales were $4,470,000?
Business
1 answer:
kupik [55]3 years ago
7 0

Answer:

What is the amount of cash Hunter, Inc. received from customers during the reporting period if its sales were $4,470,000?

Cash received_____________________4235000

Explanation:

Sales __________________________ 4470000

Account receivable increase________ 235000

 

Cash received_____________________4235000

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Toby kirkland’s parents claim him as a dependent on their tax return. Toby had earned income in the amount of $2,897. What is to
labwork [276]

When we use the IRS rule which states the standard deduction amount should be greater than $900 or the income earned by the taxpayer  for the year in addition with $300 (should not be exceeding the regular standard deduction). Income earned by Toby is $2,897, then add

$300 into it.

The correct standard deduction amount would then be $3,197 ($2,897 +300)=$3197.

Standard deduction is the deduction given by the income tax authorities  to the tax payer.

Internal revenue bulletin is the instrument used by the IRS for announcing all the rules.

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4 0
2 years ago
Office with demarcation is known as what​
Katyanochek1 [597]
A a boundary point or network boundary point, a demarcation point is the physical point at which the public network of a telecommunications company ends and the private network of a customer begins.
3 0
3 years ago
On January 2, 2014, Indian River Groves began construction of a new citrus processing plant. The automated plant was finished an
9966 [12]

Answer:

the expenditures are missing, so I looked for a similar question:

  • 1/2/2014 $400,000
  • 7/1/2014 $1,200,000
  • 12/31/2014 $1,200,000
  • 3/31/2015 $1,200,000
  • 9/30/2015 $800,000

Weighted average expenditures for 2014:

January 1 = $400,000 x 1 = $400,000

July 1 = $1,200,000 x 1/6 = $600,000

December 31 = $1,200,000 x 0 = $0

total = $1,000,000

Since the company borrowed $2,200,000 specifically for this construction project, then capitalized interests = $1,000,000 x 12% = $120,000

7 0
3 years ago
5. An ATM allows a customer to withdraw a maximum of $400. If the customer withdraws more than $200, the service charge is 3% of
tankabanditka [31]

Answer:

//algorithm for ATM money withdrawal

Algorithm: Algorithm for cash withdrawals from ATM.

Input: withdraw_amount

Output: amount+service_charges.

Algorithm:

step 1:

  balance =account balance.

  withdraw_amount = (Get input from user)

 

step 2:

  if(withdraw_amount>400)

      then, print "maximum limit exceeds"

 

step 3:

  if(withdraw_amout<1)

      then, print "enter a valid amount"

 

 

step 4:

  if(withdraw_amount>balance)

      then, print "insufficient balance.. withdraw money $30 as service charges "

 

 

step 5:

  if(withdraw_amount<400 && withdraw_amount<balance)

      if(withdraw_amount>200)

          service_charge=withdraw_amount*(3/100)

          print " Your cash is dispensed... total amount withdrawn +service_charges 30% (withdraw_amount +service_charge) "

4 0
3 years ago
A fad shifts the demand curve for a toy to the right. When the fad ends, the demand curve will shift back to the left. How are t
NARA [144]

The shifts in the demand curve directly affect the demand for labor for the toy manufacturer which means the rightward shift in the demand curve requires more labor whereas the leftward shift requires less labor.

<h3>What do you mean by labor?</h3>

Labor also called human labor is the workforce who are engaged in the production of a product. The requirements of the labor totally depend on the demand for the product.

When the demand curve shifts toward the right that means the demand for the toys getting increases which leads to more requirements for human labor and when the demand curve moves towards the left, this means a decrease in demand for toys which results in lesser requirements for human labor. This shows a direct effect on the manufacturer of toys regarding the demand for labor.

Therefore, the changing of shifts will affect the manufacturer's demand for labor in a direct manner.

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8 0
1 year ago
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