1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lara [203]
3 years ago
10

Snow​ productions, inc. reports a balance of​ $28,000 in accounts receivable and​ $3,450 in the allowance for uncollectible acco

unts. what is the net realizable value of the​ receivables?
Business
1 answer:
pochemuha3 years ago
5 0

On a company's balance sheet, accounts receivable is naturally stated as "accounts receivable, net." Meaning, accounts receivable minus the value of the allowance for doubtful or uncollectible accounts is equals to net realizable value. So for the problem, $28,000 - $3450 = $24,550 is the NRV.

You might be interested in
Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2,
kherson [118]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Cash inflows:

Year 1= $11,000

Year 2= $24,000

Year 3= $36,000

To calculate the present value, we need to use the following formula:

FV= PV*(1+i)^n

Isolating PV:

PV= FV/(1+i)^n

Year 1= 11,000/(1.12)= $9,821.43

Year 2= 24,000/(1.12^2)= $19,132.65

Year 3= 36,000/(1.12^3)= $25,624.09

Total= $54,578.17

3 0
3 years ago
A company approves a large capital investment and implements a global computer system​ (for example, an Enterprise Resource Plan
SpyIntel [72]

Answer:

Structural

Explanation:

Due to supporting process and deeply infrastructure technology ERPs (Enterprise Resource Planning) are pillars that support all ongoing core and management process by providing all resources, information, energy and everything that is needed to produce value (products, services and projects) as part of the principal goal of any company.  

6 0
3 years ago
Montana Company was authorized to issue 150,000 shares of common stock. The company had issued 69,000 shares of stock when it pu
chubhunter [2.5K]

Answer:

a

Explanation:

6 0
2 years ago
Whats better, be an hour early to work, or 15 minutes late?
statuscvo [17]
An hour early to work. if you are 15 minutes late your fired. i go by if you early your on time. if your on time your late. if you late your fired.

3 0
2 years ago
Which of the following pieces of information is NOT commonly collected on a job application?
laila [671]

Answer:

The answer to this question is A

8 0
3 years ago
Other questions:
  • You manage a pension fund that promises to pay out $10 million to its contributors in five years. You buy $7472582 worth of par-
    5·1 answer
  • Scenario 15-6 The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fa
    15·1 answer
  • Which of the following statements regarding convertible term insurance is true?
    8·1 answer
  • Steve Walker was happy with his new personal computer. It had all the features he wanted, including a color monitor and CD-ROM,
    6·1 answer
  • If Julius has a 30% tax rate and a 10% after-tax rate of return, a $40,000 tax deduction in two years will save how much tax in
    6·1 answer
  • You have an insurance policy with a $300 premium and a $500 deductabile. How much should you expect to pay the insurance company
    13·1 answer
  • . Which one of the following applies to a general partnership?A. The firm's operations must be controlled by a single partner.B.
    12·1 answer
  • The rate of inventions PRIOR to the Restoration of the Gospel was greater than the rate of inventions AFTER the Restoration.. Tr
    12·1 answer
  • Which is an example of marketing function for a business? 1.) Preparing an income statement
    5·1 answer
  • Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which workers can b
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!