Answer:
The correct answer is (B) discussing explanations for an unexpected scientific finding.
Explanation:
A serendipity is a discovery or a fortunate, valuable and unexpected finding that occurs accidentally, by chance or by destination, or when a different thing is being sought. It can also refer to the ability of a subject to recognize that he has made an important discovery even if it is not related to what he is looking for. Serendipities are frequent in the history of science. There are also cases of serendipity in literary works, when an author writes about something he has imagined and is not known in his time, and it is subsequently shown that this exists as defined by the writer, with the same details. It should not be confused with anticipation or science fiction, where much more generic inventions are advanced than almost everyone thinks they will probably exist one day.
Answer:
$844,000
Explanation:
Given that,
Accounts Receivable = $900,000
Credit balance of Allowance for Doubtful Accounts per books before adjustment = $50,000
Expected amount of uncollectible = $56,000
Bad debt expense at the end of the period is determined by subtracting the credit balance of allowance for doubtful accounts from the expected amount of uncollectible.
Bad debt expense:
= Expected amount of uncollectible - Credit balance
= $56,000 - $50,000
= $6,000
At the end of the period, the allowance for doubtful accounts has a balance of $56,000 that are to be uncollectible.
The cash realizable value of the accounts receivable at December 31, after adjustment, is determined by simply subtracting the Allowance for doubtful accounts from the accounts receivable. It is calculated as follows:
= Accounts Receivable - Allowance for doubtful accounts
= $900,000 - $56,000
= $844,000
Answer:
A. Enter one of your purchase goals.
Goal: I will buy a laptop after I graduate high school to start writing books.
B. How much does this cost?
Cost: $999.00
C. How much money do you currently have saved?
Money currently saved: $270.00
D. How much more do you need to reach you goal?
Money needed to reach goal: $730.00
E. List some steps you can take this year to help you save toward this goal.
After I graduate from high school I would get a job to start saving money.
F. List some steps you can take next year to save toward this goal.
Next year I will deposit $50 per month into my savings account to reach my goal.
Explanation:
Answer:
32.59 days
Explanation:
DSO = Average receivables / Sales Revenue X 365
= $56,736 / (2,473,701 - 1,838,207) x 365
= $56,736 / (635,494) x 365
= 32.59 days
Answer:
d.the company is precisely breaking even.
Explanation:
Margin of safety is referred to current sales - Break even sales ratio to current sales as a percentage.
Basically it is quoted as follows:
Therefore, when the current sales = Break even sales then only the company will have margin of safety = 0
Thus, at 0 margin of safety the company basically is at no profit no loss situation, that is break even.
