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lisabon 2012 [21]
3 years ago
15

The direct write-off method records bad debt expense only when an account becomes uncollectible, which is not always in the same

period as the sale. for this reason, the direct write-off method violates the
Business
1 answer:
Alchen [17]3 years ago
5 0

The direct write-off method violates the <u>matching principal</u>, which says that revenues and expenses are recorded in period that they occur (not necessarily when they are collected/written off).

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Justus Motor Co.has a WACC of 11.50%, and its value of operations is $25.00 million. Justus's free cash flow is expected to grow
lakkis [162]

Answer:

FCF_0=1.05

So option (b) is correct option

Explanation:

We have given value of operation PV = $25.00

WACC, that is Ke = 11.50% = 0.1150

It is grow at a constant rat of 7 % so g = 0.07

We have to find the value of FCF_0

We know that value of operation is given by

PV=\frac{FCF_0(1+g)}{Ke-g}

So 25=\frac{FCF_0(1+0.07)}{0.1150-0.07}

FCF_0=1.05

So option (b) is correct option

4 0
3 years ago
To promote accountability, which document outlines the method for coordinating response operations?
Kamila [148]

Answer:

Incident Action Plan

Explanation:

6 0
3 years ago
a corporation reported cash of $15,800 and total assets of $180,100 on its balance sheet. its common-size percent for cash equal
Veseljchak [2.6K]

Its common-size percent for cash equals 8.77%.

Cash is prison gentle—currency or coins—that may be used to change items, debt, or offerings. Every so often additionally it is the value of the property that may be easily converted into coins right away, as stated through an employer.

A cash price is bills or cash paid by the recipient of products or services to the issuer. It can also contain a fee inside an enterprise to employees in compensation for their hours worked or to pay off them for minor prices which are too small to be routed thru the accounts payable device.

Coins in a bank mean the contemporary balance in checking accounts, savings accounts, or the like within the call of the enterprise/enterprise applying for a certificate. Do now not encompass retirement bills or personal bank account balances.

Percent of cash to total asset    = Cash / Total Assets

                                                 = 15800 / 180100

                                                 = 8.77%

Learn more about cash here brainly.com/question/24179665

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6 0
1 year ago
A ________ helps a potential buyer move through the purchasing process without having to make an immediate decision; a ________
MissTica

A <u>marketing message</u> helps a potential buyer move through the purchasing process without having to make an immediate decision; a <u>sales message</u> encourages a potential buyer to make a purchase decision immediately.

<h3>What is marketing message?</h3>

The value of a business's products are emphasized through marketing message, which is how a brand interacts with its audience. In addition to the actual words and phrases a company uses in its advertising, "messages" also refers to the thoughts and sentiments evoked by what the brand says.

<h3>What is sales message?</h3>

Your sales message is your elevator speech, in which you present your case to prospective clients and persuade them to purchase your goods. Various variables, such as the product, audience, season, or any time-sensitive promotions you may be running, may influence the sales messaging you use.

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brainly.com/question/13414268

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I understand that the question you are looking for is :

A ________ helps a potential buyer move through the purchasing process without having to

make an immediate decision; a ________ encourages a potential buyer to make a purchase

decision immediately.

A) marketing message; product push

B) measured response; content quotient

C) persuasive appeal; purchase message

D) marketing message; sales message

E) persuasive message; marketing message

7 0
1 year ago
The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $84,457. The bank statement indicated a balance o
Oxana [17]

Answer:

Pala Medical Co.

a. Bank Reconciliation Statement as at June 30, 20Y1

Balance as per adjusted cash balance $111,670

add outstanding checks                           33,310

less uncredited deposits                           17,610

       overdrawn check                                   180

Balance as per bank statement          $127,190

b. Journal Entries:

c. Debit Cash $28,248

Credit Notes Receivable $26,400

Credit Interest Revenue $1,848

To record the receipt on notes receivable, including interest revenue.

d. Debit Accounts Payable $990

Credit Cash $990

To record the check in payment on account ($1,100 - $110)

f. Debit Bank service charges $45

Credit Cash $45

To record bank charges.

c. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, the amount that should be reported as cash is:

= $111,670.

Explanation:

a) Data and Calculations:

Cash account balance at June 30, 20Y1 = $84,457

Bank statement balance on June 30, 20Y1 = $127,190

Analysis of discrepancies:

a. Outstanding checks $33,310

b. Uncredited deposits $17,610

c. Cash $28,248 Note Receivable $26,400  Interest Revenue $1,848

d. Returned check $1,100 Accounts Payable $1,100  $110

e. Overdrawn check $180 $680 had been erroneously charged by the bank as $860.

f. Bank service charges for June amounted to $45

Cash Account Adjustments:

Balance at June 30, 20Y1 = $84,457

Direct credit                           28,248

Dishonored check                     (990)

Bank charges                               (45)

Adjusted cash balance       $111,670

8 0
2 years ago
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