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Lunna [17]
3 years ago
12

How would accountants estimate the amount of a company's uncollectible accounts expense? Multiple Choice

Business
1 answer:
Gennadij [26K]3 years ago
5 0

Answer:

A

Explanation:

accountants estimate the amount of a company's uncollectible accounts expense by following methods

-consider new circumstances that are anticipated to be experienced in the future,

-compute as a percentage of credit sales,

-and/or consult with trade association and business associates

All of these choices are correct.

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In the context of human resource management challenges, which of the following statements is true of women workers?A) Many profe
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5 0
3 years ago
A firm reports the following data:________.
ANEK [815]

Answer and Explanation:

The computation is shown below:

a. For Account receivable days is

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= 365 days × $50,000 ÷ $445,000

= 41.01 days

b. For inventory days

= Total number of days in a year × inventory balance ÷ Cost of Goods sold

= 365 days × $50,000 ÷ $280,000

= 65.18 days

c. For Account payable days

= Total number of days in a year × account payable balance ÷ Cost of Goods sold

= 365 days × $42,000 ÷ $280,000

= 54.75 days

d. For a cash to cash days

= Account receivable days + inventory days - account payable days

= 41.01 + 65.18 + 54.75

= 51.44 days  

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Internal recruitment may be practiced in companies today. TRUE OR FALSE​
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