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Alisiya [41]
4 years ago
6

Tudor Corp. has an ending balance in the accounts receivable account of $20,000. Tudor recorded bad debt expense of $1,000. Tudo

r has an ending balance in the allowance for uncollectible accounts of $2,000. What is the net accounts receivable balance?
Business
1 answer:
masha68 [24]4 years ago
8 0

The net accounts receivable balance is $18,000

Explanation:

Given,

Ending balance of account receivable = $20,000

Bad debts Expenses = $1,000

Ending balance of Noncollectable account = $2,000

Net account Receivable = Ending balance of account receivable - ending balance of  noncollectable account.

Net account Receivable = $20,000 - $2,000

                                         = $18,000

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The nation of alpha does not take seriously the gathering and publishing of its economic statistics. this creates?
jonny [76]

The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.

<h3>What is meant by Business Forecasts?</h3>

Business forecasting is the process of predicting future market circumstances by analyzing historical data using business intelligence tools and forecasting techniques. Forecasting in business can be qualitative or quantitative. The process of predicting changes in a firm, such as sales, expenses, profits, and losses, is known as business forecasting.

Business forecasting aims to create better plans based on these knowledgeable projections, assisting in the prevention of probable failure or losses. The gathering, processing, compilation, dissemination, and analysis of economic data are the topics of applied statistics and applied economics. It has a close connection to econometrics and business statistics.

Hence, The nation of alpha does not bring seriously the gathering and publishing of its economic statistics. This forms uncertainty about forecasts, causing business firms to invest less.

To learn more about Business forecasting refer to:

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4 0
2 years ago
The process that facilitates the placement of orders and identifies, attracts, and builds relationships with external customers
Papessa [141]

Answer:

customer relationship process

Explanation:

customer relationship process. a process that identifies, attracts, and builds relationships with external customers, and facilitates the placement of orders by customers, sometimes referred to as customer relationship management.

8 0
3 years ago
The income statement lists all the
olchik [2.2K]

Answer:

A. revenue and expense

Explanation:

An income statement is among the three important financial statements prepared by a business entity. It summarizes all incomes (revenues) and expenses (costs) of a company in a particular financial year. Total costs are subtracted from the total revenue to get the net income.

An income statement is prepared to show the profits of a business in a particular financial year. A positive net income indicates profits, while a negative net income denotes losses.

6 0
3 years ago
You just received a bonus at your job of $4,000 which you decide to put in a saving account at the local bank. Assume that banks
ioda

Answer:

(A) 22,222.22

(B) 57,142.86

Explanation:

we will divide the deposit by the reserve requirement to know how much will expand the money supply.

4,000/0.18 = 22,222.22

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The reasoning behind this multiplier effect is the following:

you deposit 4,000

the bank leave 18% = 920

And lend the remaninder: 3,080

Then, when this are deposit, again takes the minimun reserve and lend the remainder:

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This process is repeated giving diminished amount to money available to lend. Thus, finding a limit on the division between fund and reserve requirement.

4,000/0.18 = 22,222.22

6 0
3 years ago
A small business owner has two employees but each employee has a separate cash register drawer. this situation can be viewed as
Tanzania [10]
When a small business owner has two employees but trusts each one to have their own cash register and handle the money of the business separately, that means that the owner supports the establishment of responsibility. One instance where this could happen is at a small deli or coffee shop.
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3 years ago
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