Answer: $1,063,000
Explanation:
Net realizable value is the value of an asset that a company will get when the asset is sold minus the cost that came with the asset sales.
The net realizable value of the accounts receivable will be the accounts receivable of $1,100,000 minus the allowance for uncollectible accounts which was given as $37,000.
= $1,100,000 - $37,000
= $1,063,000
The effects of the given factors on current U.S. aggregate demand would be:
- a. Lower current aggregate demand (AD).
- b. Higher current AD.
- c. Higher current AD.
- d. Higher current AD.
- e. Lower current AD.
<h3>What affects Aggregate Demand?</h3>
When there is an increased fear of recession, aggregate demand drops as people want to save money for the recession. A higher price level will make things more expensive so AD drops as well.
When there is a fear of inflation, people increase spending so they can buy goods before prices increase.
Real income growth in other countries will lead to higher exports which will increase national wealth and therefore allow consumers to purchase more goods.
An reduction in real interest rates makes loans cheaper to be acquired and spent on consumption.
Find out more on aggregate demand at brainly.com/question/1490249.
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Managed services are the practice of outsourcing on a proactive basis management responsibilities and functions and a strategic method for improving operations and cutting expenses.
In order to optimize efficiency and minimize costs, managed services are the method of transferring the obligation for managing and forecasting the need for a variety of systems and functions.
Resources like infrastructure, device, network and protection are provided by a service provider through continuing and daily assistance and effective management on the properties of customers, in the MSP's server farm or in a third-party server farm.
Answer:
Follow the below solution in spread sheet.
Explanation:
Answer:
Dr Cash $8,670
Cr Interest Revenue $170
Cr Note Receivable $8,500
Explanation:
As we know that the interest given is for a year, so we should calculate the interest rate for a unit month, which is calculated as under:
Interest per month = 0.08/12 = 0.0067
Interest revenue = Note Value * Interest rate per month * Number of months
Interest revenue = $8,500 * 0.0067 * 3
Interest revenue = $170
The double entry would be as under:
Dr Cash $8,670 .... ($8,500 Note Value + $170 Interest Revenue)
Cr Interest Revenue $170
Cr Note Receivable $8,500