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KiRa [710]
3 years ago
7

Riverbed Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $72,100. Riverbed determi

ned that due to poor economic prospects for Schuyler, the bonds have decreased in value to $63,700. It is determined that this loss in value is uncollectible Prepare the journal entry, if any, to record the reduction in value. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Business
1 answer:
Novay_Z [31]3 years ago
7 0

Answer:

Please find attached solution.

Explanation:

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All sales are on credit and are expected to be collected 45% in the month of sale and 55% in the month following sale. The total
kow [346]

Answer:

$143,600

Explanation:

Calculation for The total amount of cash expected to be received from customers in November

Junior Snacks

October credit sales collected $77,000

(55% *$140,000)

Add November credit salescollected $66,600

(45% * $148,000)

Total Cash collected in November$143,600

($77,000+$66,600)

Therefore the total amount of cash expected to be received from customers in November is: $143,600

3 0
3 years ago
A college is run by a board of trustees, which hires a president, who in turn selects vice presidents, deans, and other administ
Elina [12.6K]

Answer:

d. hierarchy of positions

Explanation:

Based on the information provided within the question it can be said that this is an example of the bureaucratic characteristic of hierarchy of positions or authority. This is when organizational structure where the amount of authority increases are you move up the hierarchy tree. With the top of the tree being the owner of the organization and all those below answering to him/her.

5 0
3 years ago
1- The Lo Tech Co. just issued a dividend of $2.30 per share on its common stock. The company is expected to maintain a constant
Alex
<span>1- The company’s cost of equity is 12.34%. The answer is letter c.
2- The bank’s cost of preferred stock is 6.10%. The answer is letter a.
3- The pretax cost of debt is 7.60%. The answer is letter c.
4- The Mullineaux Corporation WACC is 10.02%. The answer is letter b.
5- The company's WACC is 10.53%. The answer is letter c.
6- The company’s WACC is 8.20%. The answer is letter a.

</span>
4 0
3 years ago
Fox brothers enterprises, inc., agreed to convey to canfield a lot, lot 23, in a subdivision known as fox estates, together with
valkas [14]
Idk sorry im retared
3 0
3 years ago
Alternative price indexes
ANTONII [103]

Answer and Explanation:

The consumer price index refers to an index in which the prescribed market cost of goods & services by the prices years from the base year prices of the prescribed market basket and then it is multiplied by 100.

But the Gross Domestic Inflator would be represented when the all types of prices of goods and services generated domestically

An increase in the price refelected the GDP deflator

And, the decrease in the price of treewood represents CPI

4 0
3 years ago
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