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Sunny_sXe [5.5K]
3 years ago
5

The 2017 Form 10-K of Oracle Corporation, for the May 31, 2017 year-end, included the following information relating to their al

lowance for doubtful accounts: Balance in allowance at the beginning of the year $327 million, accounts written off during the year of $137 million, balance in allowance at the end of the year $319 million.
What did Oracle Corporation report as bad debt expense for the year?

Select one:
A. $ 27 million
B. $129 million
C. $118 million
D. $151 million
E. None of the above
Business
1 answer:
KatRina [158]3 years ago
5 0

Answer:

B. $129 million

Explanation:

bad debt expense for the year = balance in allowance at the end + write off - balance in allowance at the beggining

= $319 million + $137 million - $327 million

= $129 million

Therefore, Oracle Corporation report as bad debt expense for the year is $129 million.

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Answer:

Explanation:

Based on the information that has been given in the question, the following answer can be provided

a. Determine the amount of Pepper's deficiency.

First, we need to calculate the loss that was recognized. This will be:

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= $62,000 - $24,000

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Pepper's share of the loss will then be:

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= $19,000 - $13,000

= $6,000

Deficiency of $6000

b. Determine the amount distributed to Reynell, assuming Pepper is unable to satisfy the deficiency.

This will be:

= $49,000 - $19000 - $6,000

= $49,000 - $25,000

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Indicate which of the following statements is true. a. Public transportation may be covered by an employer-provided spending acc
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Answer:

B.Dependent care plans can only be used to cover the costs of caring for a dependent child

Explanation:

Dependent Care  with the high cost of child care these days a  Dependent Care Account makes it easy to save on taxes.  

5 0
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Which one of the following is not one of the major drivers of unethical managerial behavior?a. Intense competitive pressures. b.
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Answer: e. The pervasiveness of immoral and amoral businesspeople.

Explanation:

Managers are sometimes pressured into engaging in unethical behaviors due to intense competitive pressures that can determine whether they keep their jobs especially in a company culture that puts the profitability and good business performance as the paramount yardstick of success.

Heavy pressures placed on company managers to meet or beat earnings targets can also lead to unethical behavior and on a more person level, so can an overzealous pursuit of personal gain, wealth, and other self-interests.

The pervasiveness of immoral and amoral business-people is not a major driver of unethical managerial behavior.

7 0
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Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May JuneManuf
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May= $190,300

Insurance is not paid in May.

Property tax is paid in November.

Depreciation is not a cash expense.

<u>Total cash payment May:</u>

Manufacturing cost May= 190,300*0.75= 142,725

Manufacturing cost April= 155,800*0.25= 38,950

Total cash expense= $181,675

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Which of the following tactics might public sector unions use to increase management's cost of disagreeing with the union positi
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Answer:

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