(The answer is )(you’re welcome)
Receivables not expected to be collected should not be counted in assets of the company.
<h3>Accounts Not Receivable</h3>
For bookkeeping purposes, When a company confirms that it is likely not to receive payment, it should be written off in the journal entries as a debit to allowance for doubtful accounts and then credited to accounts receivable.
Account Not Receivable or collected is regarded as bad debt expense.
Therefore Receivables not expected to be collected are not to be counted in assets of the company.
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Answer: The correct answer is "achieve time, quality, or cost-reduction".
Explanation: Generally, the objective sought by organizations when committing resources for the development of multifunctional equipment is to meet the objectives of time, quality or cost reduction in a variety of tasks.
Answer:
Current ratio = 0.33 times
Acid test ratio = 0.29 times
Explanation:
• Current ratio
Current ratio = Total current assets ÷ Total current liabilities
= $875 ÷ $2,638
= 0.33 times
• Acid test ratio
Acid test ratio = Quick assets ÷ total current liabilities
Where,
Quick assets = Total current assets - Inventory
= $875 - $116
= $759
Recall total current liabilities = $2,638
Therefore,
Acid test ratio = $759 ÷ $2,638
Acid test ratio = 0.29 times
Least to greasy would get you started look at the x and y axis two.