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beks73 [17]
3 years ago
12

The accounts receivable balance is $1,000,000. After adjustment, the allowance for uncollectible account balance is $40,000. Net

Sales were $12,000,000. What is the net realizable value (book value) of the receivables?
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
5 0

Answer:

$960,000

Explanation:

The computation of the  net realizable value (book value) of the receivable is shown below:

= Balance of accounts receivable - the balance of allowance for uncollectible account

= $1,000,000 - $40,000

= $960,000

Simply we deduct the balance of allowance for an uncollectible account from the Balance of accounts receivable so that the correct amount can come.  

All other information which is given is not relevant. Hence, ignored it

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The factors that affect the price elasticity of supply include: Instructions: You may select more than one answer.
bearhunter [10]

Answer:

The correct answer is letter "A", "B", and "D": the availability of inputs; the flexibility of the production process; time needed to adjust to changes in price.

Explanation:

Price elasticity of supply reflects the changes in supply after a change in prices. The price elasticity of supply is calculated dividing the percentage in the change of quantity supplied by the percentage in the change of price. If the result is equal or greater than one (1) the supply of that good is elastic. If the result is lower than one (1), then the supply is inelastic.

Three main factors determine the price elasticity of supply which are <em>the amount of inventory or raw material in the industry, the capacity to increase or decrease the production, </em>and <em>the time needed to produce the good to be offered based on the price fluctuations.</em>

8 0
2 years ago
Assume that consumers' incomes and the number of sellers in the market for good A (a normal good) both decrease. Based upon this
Vadim26 [7]

Answer:

Quantity will Increase

Explanation:

As we know that when market is in equilibrium so the demand curve should be intersected the supply curve. At the time when there is an increase in suppliers so supply curve shift rightward due to which the consumer income would increase and this result in more demand. So the demand could be shift in rightward

So here the price should be the same but the quantity is increased

4 0
3 years ago
Bill Dukes has $100,000 invested in a 2-stock portfolio. $50,000 is invested in Stock X and the remainder is invested in Stock Y
ohaa [14]

Answer:

the portfolio´s beta is 1.65

Explanation:

when the individual calculation of beta has been given, is possible to aggregate them as a weigthed average, so it is possible to apply te next formula

Beta Portfolio=w_{1} *\beta _{1}+ w_{2} *\beta _{2} + .... + w_{n} *\beta _{n}

where w is the weigthed value for each asset, in this particular case we have:

Beta Portfolio = \frac{50.000}{100.000}*1.50 +\frac{50.000}{100.000}*1.70

so with this result we get 1.65

8 0
3 years ago
Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy g
Elanso [62]
Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
<span>>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.</span>
6 0
3 years ago
List the three types of résumé formats.
Radda [10]

Answer:

Chronological: Classic format that lists your work experience in order, starting with the most recent.

Functional: Emphasizes qualifications and accomplishments instead of specific jobs, but isn’t recommended.

Hybrid: Modern format where skills and highlights go at the top before a detailed work history.

Explanation: brainliest pls

8 0
3 years ago
Read 2 more answers
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