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creativ13 [48]
3 years ago
8

Accounts Receivable has a balance of $5,000​, and the Allowance for Bad Debts has a credit balance of $420. The allowance method

is used. What is the net realizable value of Accounts Receivable after a $140 account receivable is written​ off?
Business
1 answer:
ElenaW [278]3 years ago
4 0

Answer:

Net realizable value of Accounts Receivable is $4,580

Explanation:

Balance in allowance for uncollectible account= Balance before write off - Account written off

=$420 - $140

=$280

Net realizable value of accounts receivable is:

Particular                                                Amount

Accounts Receivable balance               $5000

Less: Account written off                         <u>$140</u>

Balance after write off                             $4860

Less: Allowance for uncollectible          

account from step 1                                  <u>$280</u>

Net realizable value                                <u>$4,580</u>

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Answer:

4.00

Explanation:

Given:

Upper Specification Limit, USL = 27

Lower Specification Limit, LSL = 21

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Standard deviation, \sigma = 0.25

Required:

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First center the mean by taking the average of the LSL and USL.

X = \frac{21 + 27}{2}

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Use formula below to find process capability index:

C_p_i = min [(\frac{USL - X}{3*\sigma}), (\frac{X - LSL}{3*\sigma})]

C_p_i = min [(\frac{27 - 24}{3*0.25}), (\frac{24 - 21}{3*0.25})]

= min [(\frac{3}{0.75}), (\frac{3}{0.75})]

min [ (4.00), (4.00)]

We are sullosed to take the minimum value, but since both values are equal, our process capability index will be 4.00

Therefore, the process capability index = 4.00

7 0
3 years ago
__ occurs when a government demands partial transfer of ownership and management responsibility and imposes regulations to ensur
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2 years ago
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Answer:

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Answer:

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