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k0ka [10]
3 years ago
15

QUESTION 1 The method that uses a certain percentage of each year's net sales to estimate the uncollectible account is called th

e: aging of accounts receivable method. percentage of net sales method. sales discounts method. sales allowance method. 2 points QUESTION 2 The sales for a period total $70,000, with a sales discount of $3,000, and the sales returns and allowances total $7,000. What is the net sales amount? $70,000 $60,000 $67,000 $62,000 2 points QUESTION 3 If the net sales total $9,000 and the estimated percentage of uncollectible accounts is 2%, what will be the amount of uncollectible accounts? $1,800 $900 $180 $90 2 points QUESTION 4 After a customer account is reinstated for collecting a written-off account, the account to be debited is: Accounts Receivable Cash in Bank Accounts Receivable (Subsidiary or Customer) Uncollectible Accounts Expense
Business
1 answer:
Sonbull [250]3 years ago
4 0

Answer:

QUESTION 1 :    sales allowance method

QUESTION 2:   $60,000

QUESTION 3:   $180

QUESTION 4:  Accounts Receivable

Explanation:

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Which of the following activities is included in strategy​ implementation? A. Develop a​ strategy-supportive culture and create
Advocard [28]
<h2>All the given choices are right.</h2>

Explanation:

Option A: The organizational structure plays a major role creating success stories of the organization as well to run process in a smoother way.

Option B: SWOT analysis or matrix is a must that everyone has to do to identify Strength, weakness, opportunities and threats. This is one of the best self-analysis tools.

Option C: There should be short term goal and long term goal to carry forward in the right path which can also be termed as "annual objectives". Developing vision equally contributes to the activities in strategy implementation.

Option D: Valid pointer

Option E: Motivating employees is the best tool to bring success to the organization.

8 0
4 years ago
Your break-even point is 3,000 units. You make $5 on each unit; that is, your price minus variable cost is $5. What are your fix
shepuryov [24]

The fixed cost is $15000

<u>Explanation:</u>

Given:

Break even point = 3000 units

Each unit = $5 → (Price - variable cost = $5)

Fixed cost, x = ?

We know,

Break even point = fixed cost / (Price - Variable cost)

On substituting the values:

3000 = \frac{x}{5} \\\\x = 15000

Thus, the fixed cost is $15000

7 0
4 years ago
A forecast is defined as a(n) _________________________________. set of observations on a variable measured at successive points
4vir4ik [10]

Answer: I found the complete question:

A forecast is defined as a(n):

a. prediction of future values of a time series.

b. quantitative method used when historical data on the variable of interest are either unavailable or not

applicable.

c. set of observations on a variable measured at successive points in time.

d. outcome of a random experiment.

And the correct answer is "a. prediction of future values of a time series. ".

<u>A forecast is defined as a prediction of future values of a time series.</u>

4 0
3 years ago
A company is projected to have a free cash flow of $329 million next year, growing at a 5.7% rate until the end of year 3.
uysha [10]

Answer:

$14.35

Explanation:

Firstly, we need to calculate enterprise value (EV) of this company, which is equal to present value of all free cashflows (CF):

  • Terminal value of free cashflow at year 3 = Year 4 CF/(Cost of capital - Long-term growth) = [329 x (1 + 5.7%)^2 x (1 + 2.1%)]/(13.3% - 2.1%) = $3,350.84
  • EV of the company =  329/(1 + 13.3%) + [329 x (1 + 5.7%)]/(1 + 13.3%)^2 + [329 x (1 + 5.7%)^2 + 3,350.84]/(1 + 13.3%)^3 = $3,117.91

Secondly, we calculate equity value as below:

EV = Equity value + Net debt = Equity value + (Debt - Cash), or:

3,117.91 = Equity value + (64 - 18), or  Equity value = $3,071.91.

Finally, stock price of the company = Equity value/Number of shares = 3,071.91/214 = $14.35.

7 0
4 years ago
You receive a voice mail from your supervisor asking you to compile a list of talking points for an upcoming interview on the Mo
tankabanditka [31]

a. Look in the files

c. Talk with your boss

b. Conduct an informal survey

Explanation:

You receive a voice mail from your supervisor asking you to compile a list of talking points for an upcoming interview on the Morning News Show. The best informal information gathering technique to find out the details of what your boss expects would be to -

  1. Look in the files
  2. Talk with your boss
  3. Conduct an informal survey
3 0
3 years ago
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