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m_a_m_a [10]
4 years ago
12

When a company uses the allowance method to measure bad​ debts, ________.

Business
1 answer:
Phoenix [80]4 years ago
6 0
<span>When a company uses the allowance method to measure bad​ debts, </span><span>the amount of bad debts expense is estimated at the end of the accounting period. 

The allowance method is used when adjusting accounts receivable on the balance sheet. This refers to amounts that have not been collected yet, such as bad debt.
</span>
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Zero-coupon risk-free bonds are available with the following maturities and yield rates (effective, annual):
pav-90 [236]

Answer:

e. $60,184; $60,184; $60,184

Explanation:

Corn supplier will have yields of 6 in year 1 and 6.5 in year 2, if it will purchase bushels now he will have to pay $39,083 now or $38,900 2 years later. The corn supplier will not accept the price below this and we will not pay price above this. The Medicare price should be determined and set.

8 0
3 years ago
Chester Company has established internal control policies and procedures in order to achieve the following objectives:
Trava [24]

Answer:

B) Objectives 2 and 3

Explanation:

Accounting controls are procedures that help a company ensure the validity and accuracy of its financial statements.

Therefore, one of the main priorities of accounting controls would be to make sure that accounting records are correct. By ensuring the validity of accounting records, the company's assets are safeguarded, since the possibility of something missing or being incorrectly recorded diminishes.

4 0
3 years ago
​megan hughes deposits $2300 in an account that pays simple interest. when she withdraws her money 8 months later, she receives
Iteru [2.4K]
2484
(2300)
---------
184

184 / 8 = 23

23 / 2300 = .01 -->1%
7 0
3 years ago
Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve
Alex_Xolod [135]

Answer: $1.53776

Explanation:

Using the interest rate parity formula :

Forward currency exchange rate (F) = 1.50

SPOT rate (S) =?

Interest rate on domestic currency (Id) = 1%

Interest rate on foreign currency (If) = 1.5%

SPOT RATE(S) is given by;

S = F × (1 + If) ÷ (1 + Id)

S = 1.50 ×(1 + 0.015) ÷ (1 + 0.01)

S = (1.50 × 1.015) ÷1.01

S = 1.5225 × 1.01

S = $1.537725

3 0
3 years ago
Pearson Electric Company uses the high-low method to analyze mixed costs. The following information relates to the production da
Simora [160]

Answer: 6520 + 3x

Explanation:

Firstly, we need to calculate the variable cost per hour which will be:

= (Highest activity cost – Lowest activity cost)/(Highest activity hour – Lowest activity hour)

= (9460 - 7300)/(980 - 260)

= 2160 / 720

= 3

We'll also find the fixed cost which will be:

= Fixed cost = Highest activity cost – (Variable cost per hour x Highest activity hour)

= 9460 - ( 3 x 980)

= 9460 - 2940

= 6520

Therefore, the cost function will be:

= 6520 + 3x

8 0
3 years ago
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