Answer:
$487,500
Explanation:
The write off does not affect the realizable value of accounts receivable . Neither total assets nor net income is affected by the write off or specific account. Instead both assets and net income are affected in the period when bad debts expense is predicted and then recorded with an adjusting entry.
Accounts Receivable $ 3250,000
Less Allowance for Doubtful Accounts $ 3250,000*1% = 32,500
Estimated Realizable Accounts Receivable $ 3217500
But if the amount of the bad debts decreases or increases as is given below then the the income is also increased or decreased by the amount given
Bad debts = $ 32,500
Uncollectibles previously written off= $ 27,800
Difference $ 4700
Net income $ 487,500
Less Difference $ 4700
Reported Income $ 482,800
Answer: Option (D) is correct.
Explanation:
The cost of capital is defined as the opportunity cost of making a certain investment which means that the rate of return that could be earned by putting the same amount of money into some other investment with the same level of risk. The cost of capital is generally higher in a purely capital market than it is in a global market.
If the question is trying to ask whether it is true or false, the answer is false. It is because whatever you chose or the decisions you make, there is always a cause, or things affecting your decision in which you will be held accountable for such as the statement above implies, you are accountable of resources and such when you choose.
Two relevance of entrepreneurship to Students include:
- Teaches them life skills.
- Gives them options after leaving school
<h3>What is the relevance of entrepreneurship to students?</h3>
Students should be taught entrepreneurship skills because it can teach them some important skills in life such as problem-solving and creative thinking.
It would also give them an extra avenue to earn an income while still in school and when they leave school.
Find out more on the benefits of entrepreneurship at brainly.com/question/18294953
#SPJ1
Answer:
c. Must purchase shares of the open-end fund in the secondary (stock) market, and shares of the closed-end fund in the primary (from the investment company) market.
Explanation:
<em>An open-ended shares are those whose funds are sold by a funds company to the public investors.</em> It is similar to mutual funds unlike the close-ended fund which has a limited or fixed number of shares which is usually offered to the public through the the IPO (Initial Public Offer).
<em>For S.I.D Asset Management which initiated both the open-ended and close-ended funds, in other to purchase it few years later, the appropriate channel needs to be followed.</em>
