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levacccp [35]
3 years ago
6

An analysis and aging of the accounts receivable of Yates Company at December 31 reveal these data:Accounts receivable $ 1,600,0

00Allowance for doubtfulaccounts per books beforeadjustment (credit) 100,000Amounts expected to becomeuncollectible 130,000What is the cash realizable value of the accounts receivable at December 31 after adjustment?a. $1,370,000b. $1,500,000c. $1,600,000d. $1,470,000
Business
1 answer:
saveliy_v [14]3 years ago
4 0

Answer:

d. $1,470,000

Explanation:

The computation of the cash realizable value of the accounts receivable is shown below:

= Ending balance of accounts receivable - credit balance of uncollectible amount

= $1,600,000 - $1,30,000

= $1,470,000

For finding out the cash realizable value, we deduct the credit balance of uncollectible amount from the ending balance of accounts receivable

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Option A

The component of the service environment that involves products or services provided by an organization is/are called The delivery system

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Producing the service delivery system should concentrate on what produces superiority to the central organizations and how to involve front-line workers to deliver the latest client action. The plan is power and continually assessing how both client and end-user observe service delivery is essential for constant collaboration.

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A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds t
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Answer:  option b

 

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Hence from the above we can conclude that the economist should be concerned with col linearity.

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3 years ago
The maximum one-day loss computed for the value-at-risk (VaR) method does not depend on: a. the current level of interest rates.
ss7ja [257]

Answer:

a. the current level of interest rates

Explanation:

The current interest rate represent the factor that does not based upon the rate of interest as it does not modify on the frequentyly basis such as the price of the stock or the current price. In the case when we do the trasing in the stock market so the standard deviation would be used in order to get to know the stock volatility

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7 0
3 years ago
The management of Green Energy Manufacturing is analyzing variable overhead variances for the fiscal period just ended. The flex
vagabundo [1.1K]
The answer is 20,000 (U).
7 0
3 years ago
Silvia's Studio provided $200 of dance instruction and rented out its dance studio to the same client for another $125. The clie
guapka [62]

Answer:

The general journal entry to be made is:

Dr  Cash($200+$125)                                $325

Cr Revenue from services provided                      $200

Cr Revenue from rental services                            $125

Explanation:

The sales revenue is made up of dance and rental services which implies that the account for each is credited with $200 and $125 respectively as increase in income naturally is credited to revenue.

On other hand the receipt of cash of $200 as well as $125 which sums up to $325 implies that cash has increased by the same amount, since cash is an asset an increase in asset has a debit entry, that justifies the reason for debiting cash account with $325

8 0
3 years ago
Read 2 more answers
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