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
DiKsa [7]
3 years ago
5

Williamson Distributors separates its accounts receivable into three age groups for purposes of estimating the percentage of unc

ollectible accounts. Accounts not yet due = $35,000; estimated uncollectible = 5%. Accounts 1–30 days past due = $10,500; estimated uncollectible = 15%. Accounts more than 30 days past due = $4,500; estimated uncollectible = 25%. Compute the total estimated uncollectible accounts.
Business
1 answer:
stiv31 [10]3 years ago
6 0

Answer:

$4,450

Explanation:

The computation of the total estimated uncollectible accounts is shown below:

= Accounts not yet due × uncollectible percentage + Accounts 1–30 days past due × uncollectible percentage + Accounts more than 30 days past due × uncollectible percentage

= $35,000 × 5% + $10,500 × 15% + $4,500 × 25%

= $1,750 + $1,575 + $1,125

= $4,450

You might be interested in
How much time of education does it take to be a mechanical engineer
lesantik [10]
I think like 6 years of college
7 0
3 years ago
Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensatio
Andreas93 [3]

Answer with explanation:

It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.

7 0
3 years ago
Which of the following is a true statement about a marketing plan?
4vir4ik [10]
The right answer for the question that is being asked and shown above is that: " Changes to the marketing plan are acceptable, but only in the earliest stage." Marketing plans <span>are business activities involved in accomplishing specific </span>marketing<span> objectives within a set time frame.</span>
8 0
3 years ago
Write the number in word as a number seventeen thousand four hundred thirty three
liq [111]
The number is 17,433
4 0
3 years ago
Read 2 more answers
A(n) _____ is an organization of talented artists who work for advertisers and occasionally subcontract to advertising agencies.
Elena L [17]

A creative boutique is an organization of talented artists who work for advertisers and occasionally subcontract to advertising agencies. Its mission is to develop exciting creative concepts and to produce fresh, distinctive advertising messages.

7 0
3 years ago
Other questions:
  • Suppose during 2017 that Federal Express reported the following information (in millions): net sales of $34,450 and net income o
    7·1 answer
  • You win the lottery and decide to impress your friends by exhibiting a million-dollar cube of gold. at the time, gold is selling
    9·1 answer
  • Based on the graph below, if January and February are the two coldest months, what can you conclude about the selling of French
    12·2 answers
  • Which of these are characteristics of successful entrepreneurs?(select four answers)
    6·1 answer
  • Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. inc
    15·1 answer
  • Epic Inc. has 10,600 shares of $2 par value common stock outstanding. Epic declares a 11% stock dividend on July 1 when the stoc
    12·1 answer
  • A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine
    13·1 answer
  • Which statement is FALSE?
    5·1 answer
  • The ability to interact, be responsible, persevere, be a team player, be motivated, and problem solve are examples of __________
    11·2 answers
  • An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling ca
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!