Answer:
Net Accounts Receivable $363300
When the allowance for uncollectibles is maintained the allowance for uncollectibles method is used in which allowance for uncollectibles is deducted from the accounts receivables.
Explanation:
If the method of allowance for uncollectibles is used the amount of allowance for uncollectibles is deducted from the accounts receivables.
Bonita Industries
Accounts Receivable $397000
Less Allowance For Uncollectible $33700
Net Accounts Receivable $363300
IF the direct write off method is used the bad debts are directly deducted from the accounts receivable.
Bonita Industries
Accounts Receivable $397000
Less Uncollectibles $33300
Net Accounts Receivable $363700
Answer:
$38.78
Explanation:
The formula to compute the share price in one year is shown below:
Price of a stock = (Next year dividend) ÷ (Required rate of stock return - growth rate)
where,
Price of the stock = Next year dividend ÷ (Risk free rate + beta × (Market return - Risk free rate) - Dividend growth rate)
$35 = $0.80 ÷ (5.5% + 1.2 × (12% - 5.5%) - g)
So after solving this
The growth rate is 11.01%
Now the share price after one year is
= 0.80 × (1 + 11.01%) ÷ (13.3% - 11.01%)
= $88.81 ÷ 2.29%
= $38.78
As an office manager there are ratios and reports that need to be monitored on a monthly basis while others are part of the year-end report and review. The ratios that are being chosen are Current Ratio, Operating Margin and Working Capital. The one of the practice management ratios that is the most important is the Current Ratio or also known as Solvency Ratio. Current in a financial report indicates that it can either exchange the asset to cash within a one-year period or the liability is due within one year. Current assets are assets that can be changed to cash within one year. Current assets are cash, cash equivalents, accounts receivable, bad debt allowance, and any inventory that is on hand. Current liabilities are notices that must be funded within one year. Current liabilities are all notes and accounts payable due within one year, interest payable, wages payable, and income taxes payable. It is an signal of the business ability to pay back its short term accountability. To obtain this, the business should take all the current assets and distribute to current accountability. If the current ratio is less than one, this specifies the company has more debt due within one year than it has assets it can use to pay those debts.
Answer: Something is ethical if it does not cause harm and society considers it to be good. Ethical behavior is generally any action that furthers a good outcome for someone else without causing intentional harm to anyone.
Explanation: