1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blagie [28]
2 years ago
9

Before year-end adjusting entries, Dunn Company's account balances atDecember 31, 2017, for accounts receivable and the related

allowancefor uncollectible accounts were $1,500,000 and $90,000, respectively.An aging of accounts receivable indicated that $125,000 of theDecember 31 receivables are expected to be uncollectible. The netrealizable value of accounts receivable after adjustment isa.$1,465,000.b.$1,375,000.c.$1,285,000.d.$1,410,000.
Business
1 answer:
mixas84 [53]2 years ago
5 0

Answer:

b.$1,375,000

Explanation:

Dunn Company's

Allowance for uncollectible accounts $1,500,000

Less Accounts receivable expected to be Uncollectible $125,000

Net Realizable value of account receivable $1,375,000

Therefore the net realizable value of accounts receivable after adjustment will be $1,375,000

You might be interested in
According to the​ Break-Even EBIT​ analysis, shareholders are​ ____ off with debt when EBIT is​ _____ the​ Break-Even EBIT level
Kobotan [32]

Answer:

Answer B.

Explanation:

EBIT break even point is a situation when company does not make a profit or has loss. It is a point where earnings per share are equal to zero. It is the level of ebit equal to fixed costs for the company, like interest on the debt. If this break even point increases, this leads to the increase of financial risk. However, increase of ebit above break even point leads to net income calculated as EBIT*(1-interest expense)*(1-tax rate)-preferred dividends being higher.

3 0
3 years ago
PLEASE HELPPP
motikmotik
Answer:
I envision myself 10 years from now in a beautiful 2 story house. A nice luxury sports car, and I envision myself being a Real Estate agent.
I would like to be Independent, and learn what is it like to live on my own. And learn new things. I will need to pay for things like: Electricity, Gas, Water, and food. I'll need a stable job, and a reliable car.
It would cost around 1,200$ each month.
It would be 14,400, without taxes.
It's about 15,000 dollars compared to my 14,400 for necessities. So if I work Minimum wage I could afford to live. I would make 600$ less though.

I will be within my Budget, I will be able to afford everything that I need.

I could learn from others who have been successful in their life. And I could work my way up into a company, or make my own based off of the knowledge that I gained from learning from others.

If I stick to a budget, I will have money left over. And it will teach me to be more responsible with my money and it will also teach me to save.

Whenever I could.

Explanation: You can change it, if you want.

4 0
1 year ago
Barga Co.'s net sales for Year 1 and Year 2 are $663,000 and $744,000, respectively. Its year-end balances of accounts receivabl
MrRa [10]

Answer:

Year 1 = 35.23 days

Year 2 = 44.64 days

Explanation:

Days' Sales Uncollected = Accounts receivable / Net Sales * Days

Year 1 = $64,000 / $663,000 * 365 days = 35.23 days

Year 2= $91,000 / $744,000 * 365 days = 44.64 days

4 0
3 years ago
Select cost information for Klondike Corporation is as follows:
Bingel [31]

Answer:

D. Direct materials is a variable cost and rent expense is a fixed cost.

Explanation:

  • As clearly seen from the data the direct material cost is varying but the rent cost is fixed cost.
6 0
2 years ago
Toyota Motor Company operates in many different countries and pays taxes at many different rates.​ However, they always pay the
Amiraneli [1.4K]

Answer: Foreign neutrality

Explanation:

 According to the given scenario, the Foreign neutrality tax policy is one of the concept that is specifically used by the Toyota motor company for operating various types of functions and operations in the environment.

The neutrality is basically used to create the various types of  incentives in an organization and support the foreign taxation process and the foreign neutrality is one of the tax policy that is used for paying taxes across countries with different types of rates.

 Therefore, Foreign neutrality is the correct answer.

6 0
3 years ago
Other questions:
  • The _________________ is the buying and selling of Treasury securities to influence the nation’s money supply..
    12·1 answer
  • Who is responsible for participating in the discussion at a performance review?
    7·2 answers
  • Information related to Tamarisk, Inc. is presented below. 1. On April 5, purchased merchandise on account from Culver Company fo
    13·1 answer
  • Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $
    6·2 answers
  • At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $308,000 and in Allowance for Uncollectible A
    13·1 answer
  • A bank reconciliation reconciles the bank statement with the company's Multiple choice question. net cash flow in the statement
    12·1 answer
  • How does the rate of P2P amongst millennials compare to that of all survey participants? Why do you think millennial usage is so
    14·1 answer
  • Child, family, and school social workers influence conditions _____.
    13·2 answers
  • Imagine you are the owner of a small local peanut butter company. You have many competitors in the peanut butter market but your
    11·1 answer
  • Bruno Company had a $200,000 beginning balance in bonds payable and a $210,000 ending balance in bonds payable. During the year,
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!