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Sedbober [7]
3 years ago
10

A company has the following balances on December 31, 2018, after year-end adjustments: Accounts Receivable = $62,500; Allowance

for Uncollectible Accounts = $6,200.
Calculate the net realizable value of accounts receivable.
Business
1 answer:
Dovator [93]3 years ago
8 0

Answer:

the net realizable value of accounts receivable $56.300

Explanation:

To calculate the net realizable value of accounts receivable is necessary to deduct from Account Receivable the total credit amount of the Allowance for Uncollectible Accounts.

The Debit value of Accounts Receivable minus the credit balance of Allowance for Uncollectible Accounts gives the Net Value of Accounts receivables.

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If the expected sales volume for the current period is 9,000 units, the desired ending inventory is 200 units, and the beginning
Allisa [31]

This problem can be solved by remembering the BASE acronym. Beginning Add Subtract End is what it stands for. The logic is that you have the goods around at the start of the period (as leftovers). Then you subtract those at the end of the month to avoid double counting.

You also need to add in your anticipated production as well. So we add the beginning 300 (from BASE), add the production of 9000 (what we make) and subtract the ending 200 (from BASE) Our production budget has 300 + 9000 - 200 = 9100.


Thus there are 9100 units in the production budget.

3 0
4 years ago
Saving and loans associations are not subject to federal regulations
irga5000 [103]

ANSWER: The answer is false.

Explanation: Under (12)US code 1464 of Federal Regulations, saving and loan are regulated. These savings are not regulated by heavy banks but they are  still subject to federal regulations. They are also known as S&L's. The regulation is applied to those S&L's industry which come out of the Savings and Loan's Crisis of the 1980.

6 0
4 years ago
Mervyn's fine fashions has an average collection period of 30 days. the accounts receivable balance is $36,000. what is the valu
Jlenok [28]

$438,000

Average Daily Sales = $36,000/30  = $1200

$1200 per day * 365 days per year = $438,000

8 0
3 years ago
Which of the following are true concerning tariffs and quotas? Consumers benefit from tariffs and quotas. Some domestic producer
diamong [38]

Answer:

The correct answers are letters "B" and "C": Some domestic producers benefit from tariffs and quotas; Government revenues may increase as a result of enacting tariffs.

Explanation:

Tariffs and quotas are taxes a country imposes on imports to promote domestic consumption of certain goods. This can be beneficial for those manufacturers and the country because in the case the foreign producers want to still offer their products in that region, they will need to pay higher tariffs, which is translated in more revenue for the country imposing the taxes.

8 0
4 years ago
Negotiation is gendered in that the qualities of bargainers such as analytic rationality and strategic thinking are linked to:__
Agata [3.3K]

Answer:

Masculinity.

Explanation:

Negotiation can be defined as the process in which a buyer and a seller of goods and services reach a compromise on the price or amount of money to be paid. Negotiations in business depicts a win-win situation for both the buyer and seller.

Negotiation is gendered in that the qualities of bargainers such as analytic rationality and strategic thinking are linked to masculinity.

This ultimately implies that, when it comes to negotiating the price of an item or a product, the male bargainers (customers) are considered to be more rational by comparing products with existing products and prices, as well as being strategic in thoughts through the consideration of alternatives.

8 0
3 years ago
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