Answer:
B. $9,957.
Explanation:
The computation is adjusted amount for Uncollectible account expense is shown below:
= The estimated total uncollectible accounts + debit balance of Allowance for uncollectible accounts
= $7,322 + $2,635
= $9,957
For computing the adjusted amount we added the estimated total uncollectible accounts and the debit balance of Allowance for uncollectible accounts
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The correct answer is option D
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Answer:
NPV= $60.52
Explanation:
Giving the following information:
Robbins Inc. is considering a project that has the following cash flow: −$950 $500 $400 $300
Cost of capital= 10.00%
To calculate the net present value we need to use the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
For example= Year 3: 300/1.10^3= 225.39
NPV= $60.52
The level of each variable measured is (1) the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.
Explanation:
- There are four levels of measurement, while analyzing data of columns.
- Nominal,Ordinal, Interval and ratio.
- Nominal each row of that particular column has specific identification.
- Nominal can have classification race,gender,ethnicity.
- Ordinal data is based on the ranking system, order or list.
- Numbers are still used arbitrary.
- Interval distance between the numbers Celsius,Fahrenheit and kelvin.
- Ratio data has an absolute zero point non-arbitrary, It is measuring .
- Blood pressure is a common example of ratio data.
