Answer:
Balance sheet, what amount should Farley report as allowance for uncollectible accounts?
if we take the final balance of accounts receivable $582000
If the wrotte off difference affects the final balance and we do not register additional expenses. $469000
Explanation:
Credit balance allownace 523000
Allowance for uncollective 3%
Wrotte off 636000
Credit sales 19400000
Allowance for uncollective 3%
582000
Credit balance 523000
Wrotte off 636000
-113000
Allownace for uncollectible 469000
Answer:
Correct option is (d)
Explanation:
Savings and growth are directly proportional. Higher the savings, higher will be the growth in the economy. However, growth experienced by poor country is more than that experienced by rich country.
Here, Fretonia has larger capital stock indicating higher growth as compared to Libstien. So when savings rate is increased in both the countries, Libstien will experience higher growth as compared to Fretonia. Growth would be temporary though as it will not have a long term impact.
Employees? I’m not really sure I fully understand the question
Is it multiple choice?
It is true that <em>economic </em>feasibility determines if the project is an acceptable financial risk and if the organization can afford the expense and time needed to complete the project.
Answer:
D. how much the person has borrowed compared to how much he or she earns
Explanation:
A person's debt-to-income ratio, abbreviated as DTI, is a measure of a person's monthly debt obligation against their monthly gross income. It shows the fraction or percentage of gross income that is committed to debt repayments. Lenders use the debt-to-income ratio to assess a borrower's ability to repay future loans.
Calculating the debt-to-income ratio requires one to add up all their existing loan repayments and divide that figure with their gross income. Lenders insist on a ration that does not exceed 36% as per the 28/36 rule.