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
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.

You might be interested in
What is the effective annual yield of 6% compounded semi-annually? Answer in the percent format. Round to the nearest hundredth
Studentka2010 [4]

Answer:

effective annual yield = 6.09

Explanation:

given data

rate r = 6%

compounded semi-annually

solution

we get here effective annual yield that is express as

effective annual yield = (1+\frac{r}{n} )^n - 1   ..................1

here n is 2 for semi-annually

put here value and we get

effective annual yield = (1+\frac{0.06}{2} )^2 - 1

effective annual yield = 0.0609

effective annual yield = 6.09 %

effective annual yield = 6.09

7 0
4 years ago
Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals
Fudgin [204]

Internal users of financial information Are those individuals involved in managing and operating the company.

Answer: Option (B) is correct.

Explanation:

Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.

Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.

3 0
4 years ago
Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance? AA fire destroys almost
Cloud [144]
D a tree branch breaks your window
5 0
4 years ago
“Interbrand evaluates businesses’ brand value based on a comprehensive analysis of multiple factors including financial performa
salantis [7]

The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to  expand on international markets and to be able to maintain the Lower production costs.

<h3>What is importance of of Competitive Advantage</h3>

A competitive advantage serves as one that distinguishes a company from its competitors.

This helps in the getting of more customers, as well as  brand loyalty and it is very essential to business so as be able to succeed.

In this case, The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to  expand on international markets and to be able to maintain the Lower production costs.

Learn more about competitive advantages  on:

brainly.com/question/11600913

#SPJ1

5 0
2 years ago
It is illegal to modify your __________ system or install a bypass device to increase the noise level of your vehicle.
balandron [24]
Exhaust. <span> Your exhaust system should not have leaks that increase the noise level. Leaks in the exhaust system are dangerous because they expose occupants to carbon monoxide and other toxic gases.</span>
6 0
4 years ago
Other questions:
  • What is the cost price? markon percent is 21% and the selling price is $99.99
    10·1 answer
  • Investors expect the market rate of return this year to be 10%. The expected rate of return on a stock with a beta of 1.2 is cur
    14·1 answer
  • 1. The three economic standards for choosing the best alternative are minimize input, maximize output, and maximize the differen
    11·1 answer
  • Prepare a gross requirements plan for Alpha ​(enter your responses as whole ​numbers). Week 1 2 3 4 5 6 Required Date nothing no
    14·1 answer
  • I offer to borrow money from you for 90 days at the following interest rate quotations: a discount rate of 5%. a simple interest
    5·1 answer
  • What does the word creative mean to you?
    10·2 answers
  • Jacques lives in Miami and runs a business that sells guitars. In an average year, he receives $793,000 from selling guitars. Of
    5·1 answer
  • Who is itachi uchiha​
    8·2 answers
  • Which expense is a direct cost in the product costing of a fabric manufacturer?
    12·1 answer
  • +971551264/188" [TIGER K] DUBAI CALL GIRLS INDAIN CHEAP "// ECSORTS IN DUBAI "// 0551264/188
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!