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3 years ago

12

A method of estimating the amount of bad debt expense whereby management establishes a percentage relationship between the amoun

t of receivables and the expected losses from uncollectible accounts is called _________________.

1 answer:

Flauer [41]3 years ago

5 0

Answer: provisions

Explanation: According to ias 37

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Cash flows from investing activities LO P3 Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a

bekas [8.4K]

Answer:

$221,100

Explanation:

Given that,

Book value of equipment = $65,300

Sold at a loss = $14,000

Purchase of a new truck = $89,000

Sale of land = $198,000

Sale of Long term investment = $60,800

Cash flows from investing activities:

= Sale of Equipment - Purchase of a new truck + Sale of land + Sale of Long term investment

= ($65,300 - $14,000) - $89,000 + $198,000 + $60,800

= $51,300 - $89,000 + $198,000 + $60,800

= $221,100

8 0

3 years ago

Why do some companies state their core values but make little effort to ensure that individual personnel and the company in gene

Keith_Richards [23]

Answer:

The importance maxim just serves to make the business look good .

Explanation:

Throughout recent years, the once common image of ethics as individualistic, unchangeable and impervious to corporate pressures did not stand up to inspection.
The stories of many Companies demonstrate the position that companies play in influencing the actions of people and that even sound moral fiber will crumble when too lean.
Once presenting an enforcement program, administrators will speak of mutual trust, but staff often see a message from on high.

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3 years ago

Alto and Solo are all-equity firms. Alto has 2,400 shares outstanding at a market price of $24 a share. Solo has 4,000 shares ou

Novosadov [1.4K]

Answer:

$100

Explanation:

Alto's share value = (2,400 × $24) = $57,600

Alto's total value = Share value + Incremental value of acquisition = $57,600 + $5,500 = $63,100

Net present value (NPV) = Alto's total value - Cost of acquisition = $63,100 - $63,000 = $100

Therefore, the net present value of acquiring Alto to Solo is $100.

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3 years ago

Which one of the following is not true concerning socializing in the workplace? <br> A. Socializing can keep you from reaching y

postnew [5]

The correct answer is D. Socializing can actually increase productivity. Although socializing outside of work can be productive for the work itself later on, socializing in the workplace can deter you from working and can ultimately be bad for the company. If you're always running around form office to office having fun and not working you're not doing your company a favor.

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3 years ago

you are saving $30 each month. you have a goal to accumulate $700 in savings. how long will it take you?

vredina [299]

<span>Goal = accumulate $700 in savings
</span><span>Saving = $30 a month
</span><span> To solve: Take the goal savings amount of $700 and divide the amount that is going into the savings monthly, $30 by it.
</span><span>$700/$30 = 23.33 months
</span><span>If sticking to a full month goal, it would take 24 months for the savings to be at $700. </span>

5 0

3 years ago

Read 2 more answers