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BARSIC [14]
3 years ago
11

You want to create a purchase order for a valuated material. which views in the material master record must be available as a mi

nimum?
Business
1 answer:
Temka [501]3 years ago
5 0
The answer to your question is accounting and purchasing
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At the end of 2016, Splish Brothers Inc. has accounts receivable of $675,100 and an allowance for doubtful accounts of $24,370.
ikadub [295]

Answer:

a.

Allowance for doubtful accounts $4,127

Accounts receivable $4,127

b.

The cash realizable value of the accounts receivable before the write-off : $650,730 and after the write-off: $650,730

This is the same amount

Explanation:

a. When write-off the receivable, the amount of the Accounts receivable of Splish Brothers Inc. will reduce. The company use Allowance for doubtful accounts to write-off  receiable that is not collectible.

b.

Cash realizable value is the amount of money company expect to receive from the accounts receivable after deducting the uncollectable amount.

Cash realizable value = Accounts receivable - Allowance for doubtful accounts

Before write-off:

Cash realizable value  = $675,100-$24,370 = $650,730

After write-off:

Accounts receivable = $675,100-$4,127 = $670,973

Allowance for doubtful accounts = $24,370-$4,127 = $20,243

Cash realizable value = $670,973 - $20,243 = $650,730

When the company write-off, the Accounts receivable and Allowance for doubtful accounts reduce the same amount. So, the Cash realizable value is not changed after write-off (this is the same amount before and after write-off)

7 0
3 years ago
Walmart and procter & gamble effectively implemented ________, which allowed for information to flow directly from walmart's
Sergeu [11.5K]
Walmart and Procter & Gamble effectively implemented electronic data interchange, which allowed for information to flow directly from Walmart's store to Procter & Gamble's production facilities. this streamlined production as well as distribution, thus reducing costs and getting products to Walmart's customers sooner. Electronic data interchange (EDI) is a concept which includes communicating<span> of business information using a standardized format. EDI  allows one company to send information to another company electronically rather than with paper. </span>
6 0
3 years ago
"A corporation has annual sales of​ $18 million, total assets of​ $4 million, a debt ratio of​ 40%, depreciation expense of​ $20
oee [108]

Answer:

$2.4 million

Explanation:

The total assets of the firm are funded by both debt and equity,hence, the total assets is the same as total equity plus total debt based on the accounting equation formula below:

total assets=equity+debt

tota assets=$4 million

equity=unknown

debt can be  derived using the debt ratio as shown thus:

debt ratio=debt/total assets

debt ratio=40%

debt=unknown

total assets=$4 million

40%=debt/$ 4 million

debt=40%*$4 million

debt=$1.6 million

$4 million=equity+$1.6 million

equity=$4 million-$1.6 million

equity =$2.4 million

6 0
2 years ago
A company had a beginning balance in retained earnings of $44,300. It had net income of $7,300 and paid out cash dividends of $5
Anit [1.1K]

Answer:

$45,650

Explanation:

a) Calculations of Retained Earnings:

Beginning balance = $44,300

Net Income =                 7,300

less Dividends             -5,950

Ending balance =     $45,650

b) A statement of changes in Retained Earnings is always prepared to include the net income available for distribution to stockholders and exclude the distributions already made to stockholders in the form of dividends before arriving at the ending balance of Retained Earnings.  This later figure is reported in the Balance Sheet.  This process is also part of the closing entries of temporary accounts to permanent accounts at the end of an accounting period.

3 0
3 years ago
Meek's hunting emporium is a retail store that sells equipment required for hunting. it has established an advertising plan that
Maru [420]
The answer is; "this is an example of a media schedule".
A media schedule or plan assigns the medium or media to be utilized, the particular vehicles, and the inclusion dates of the promoting. It is utilized by advertisers to plan their promotions subsequent to picking the media for their advertising campaign.
5 0
3 years ago
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