If you can use it to get stuff then it has value
Answer:
Option (B) is correct.
Explanation:
Given that,
Accounts receivables = $1,500,000
Allowance for doubtful accounts = $90,000
Expected uncollectibles = $125,000
The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.
Accounts receivable amount expected to be collected after adjustment for bad debt expense:
= Accounts receivables - Expected uncollectibles
= $1,500,000 - $125,000
= $1,375,000
Answer:
D. Serves as an initial evaluation of the adequacy of an investment's expected cash flows.
Explanation:
Ratio analysis serves as an initial evaluation of the adequacy of an investment's expected cash flows.
Ratio analysis can be defined as the analysis of different pieces of financial information in the financial statements of a business.
Ratio analysis is used to get insight about the financial wellbeing of a business. It is used by analysts to determine various aspects of a business, such as its profitability, liquidity, and solvency.
The answer is D.
Copy is usually used to indicate the letter have been send to someone else
