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denpristay [2]
3 years ago
11

. Accounts receivable that cannot be collected. (p. 412) 2. Crediting the estimated value of uncollectible accounts to a contra

account. (p. 412) 3. The difference between an asset's account balance and its related contra account balance. (p. 412) 4. The difference between the balance of Accounts Receivable and its contra account, Allowance for Uncollectible Accounts. (p. 412) 5. The amount of accounts receivable a business expects to collect. (p. 412) 6. A method used to estimate uncollectible accounts receivable that assumes a percent of credit sales will become uncollectible. (p. 413) 7. A method used to estimate uncollectible accounts receivable that uses an analysis of accounts receivable to estimate the amount that will be uncollectible. (p. 413) 8. Analyzing accounts receivable according to when they are due. (p. 414) 9. Canceling the balance of a customer account because the customer does not pay. (p. 418) 10. Recording uncollectible accounts expense only when an amount is actually known to be uncollectible. (p. 419)
Business
1 answer:
Arlecino [84]3 years ago
5 0

Answer:

  1. Uncollectible accounts
  2. Allowance method
  3. Book value
  4. Book value of accounts receivable
  5. Net realizable value
  6. Percent of sales method
  7. Percent of accounts receivable method
  8. Aging of accounts receivables
  9. Writing off an account
  10. Direct write off method
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If the inverse demand function is:
Vesnalui [34]

Answer:

-0.136 and $528

Explanation:

Given that

p = 50 - 0.5Q

where,

Q = 88

So, p equals to

= 50 - 0.5 × 88

= 50 - 44

= $6  

As it is mentioned that

p = 50 - 0.5Q

0.5Q = 50 - p

Q = 100 - 2p

And we know that

Price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage Change in price

So,

= -2 × (6 ÷ 88)

= -0.136

And, the revenue is

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= $6 × 88

= $528

8 0
3 years ago
A country is said to be in ____ when the income its residents earn from exports is equal to the money its residents pay to other
Leviafan [203]
Balance of trade equilibrium
4 0
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A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capi
Alex777 [14]

The firm should decrease the amount of capital used.

Solution:

The wage rate is $12 per hour and capital is rented at $8 per hour.

The marginal product of labour is 45 units of output per hour and the marginal product of capital is 65 units of output per hour.

A manager hires labour and rents capital equipment in a very competitive

market.

The ratio of marginal product of labour and wage rate

= \frac{45}{12}

= 3.75

The ratio of marginal product of capital and rent

= \frac{65}{8}

= 8.125

If the cost ratio is higher, it means that the boss must minimize the volume of money involved in the manufacturing process.

5 0
3 years ago
Sam was injured in an accident, and the insurance company has offered him the choice of $25,000 per year for 15 years, with the
stiv31 [10]

Answer:

The lump sum be of $237,228.84

Explanation:

In order to calculate how large must the lump sum be we would have to use  and calculate the formula of Present value of annuity due as follows:

Present value of annuity due=(1+interest rate)*Annuity[1-(1+interest rate)^-time period]/rate

Present value of annuity due=(1+0.075)*$25,000[1-(1.075)^-15]/0.075

Present value of annuity due=$25,000*9.489153726

Present value of annuity due=$237,228.84(Approx)

The lump sum be of $237,228.84

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4 years ago
How to unclog a toilet
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Answer:

Use a plunger

Explanation:

5 0
2 years ago
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