what is your question ??
I think u have missed some parts here in the question ..
It’s definitely is a huge problem. I would suggest just ignoring them and reporting them.
Answer:
$125,000
Explanation:
Zwick company bought 25,000 shares of Handy corporation
In 2021 Handy corporation reported $208,100 net income
The cash dividend reported is $5.00 per share on all its 208,000 shares
Therefore the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows
= 25,000 shares × $5.00
= 125,000
Hence Zwick's dividend revenue from Handy corporation is $125,000
Answer:
Option D. management estimates the amount of uncollectibles
Explanation:
When the company estimates the bad debts, reflects it in the balance sheet through a Debit entry in the Bad Debt Expenses againts the asset account Allowance for Doubtful Accounts as a Credit.
When the bad debt are confirm as uncollectible the loss is reflected in the Account Receivable as a Credit with the correspondent debit entry in the Allowance for Doubtful Accounts.
Answer:
C. Variable inflation is associated with high transaction costs
Explanation:
Because of uncertainty about future inflation, it may not uncertain relative to its price change. Therefore, option A is not correct.
In order to maximize financial position, inflation harms borrowers and helps lenders, so option B is also incorrect.
Option C is correct because variable inflation is associated with high transaction costs in order to maximize the financial position. For example, if the inflation rate is 5% during first quarter, the price level is not much to disrupt the financial position. Again, in the next quarter, if the inflation rate changes to 4%, the position will be effective more. However, if it increases, it will not affect too much.
