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Umnica [9.8K]
3 years ago
10

In its December 31 balance sheet, Butler Co. reported trade accounts receivable of $250,000 and related allowance for uncollecti

ble accounts of $20,000. What is the total amount of risk of accounting loss related to Butler's trade accounts receivable, and what amount of that risk is off-balance sheet risk?
Business
1 answer:
frosja888 [35]3 years ago
6 0

Answer:

$230,000

Explanation:

Given:

Trade accounts receivable = $250,000

Uncollected accounts = $20,000

Computation:

Total Amount Of Risk = (Trade Account receivable - Uncollected Accounts)

=( $250,000 - $20,000)

= $230,000

No , Any financial loss danger off-balance sheet resulting from registered accounts or receivable notices not include in it.

You might be interested in
Bates Company currently produces and sells 4,000 units of a product that has a contribution margin of $5 per unit. The company s
JulijaS [17]

Answer:

1,875 units.

Explanation:

Break-even is the point where a company neither generate profit not make loss, or we can say that it the sales at which the operating profit will be zero. It can be calculated for sales volume as-well-as dollar sales. Let's prepare a contribution income statement to calculate the break-even sales in quantity. We know that:

               EBIT / Operating Profit = (SP * Q) - (VC * Q) - Fixed Cost

where

SP = Selling Price

Q = Quantity / Units

VC = Variable cost

As it is understood that the operating profit at break-even is zero, simply put it in the above contribution income statements along with other figures given in the question.

⇒ 0 = (20 * Q) - (12 * Q) - 15,000

OR 15,000 / (20 - 12) = Q

⇒ Break-even units = Q = 1,875 units.

3 0
3 years ago
Dr. judd is convinced that psychological disorders result largely from stressful social situations rather than from disturbances
Lyrx [107]

ANSWER- COMMUNITY PSYCHOLOGISTS

 

Based on Dr. Judd’s conviction, that psychological disorders occur predominantly as a result of stressful social situations, rather than from disturbances within the individual personality. His belief is most consistent with the assumptions of community psychologists

7 0
3 years ago
Loggers are much likely to supply wood to the market if property rights are enforced. In the presence of market failures, public
alekssr [168]

Answer:

much <em>more </em>likely;

There is only one car dealership in a small town, giving the dealership the ability to influence the price of cars. - <em>Market power</em>

A person smoking in a restaurant emits second-hand smoke that harms other restaurant patrons. - <em>Externality</em>

Explanation:

<u>Property rights</u> are an incentive for individuals to create goods that are needed on the market. In other words, when a discrepancy between demand and supply occurs on a specific market, entities, businesses or individuals that create the goods are motivated to meet market needs through enforced property rights.

On the other hand, when there is a lack of property rights that regulate the market, <em>market failures</em> occur. Two common types of market failures include <em>market power</em> and <em>externalities</em>.

The car dealership example shows <u>market power</u> in practice, as the reigning company can dictate car prices.

The second example shows an externality, as there is evident influence (cost or benefit) on the third party, which they cannot change. People are affected (negatively) by smoke they did not create.

5 0
3 years ago
A central bank would like to increase the money supply in the country. It
Lelechka [254]

Answer:

answer is A open market operations

Explanation:

i just took the quiz

3 0
3 years ago
All of the following are business-level cooperative strategic alliances EXCEPT: a. competition response strategic alliances. b.
wel

<u>Answer:</u>

All of the following are business-level cooperative strategic alliances EXCEPT D) Synergistic strategic alliances.

<u>Explanation:</u>

Business-level Cooperative strategies are used by the firms when they want to grow and improve the performance in the market of individual products. All this is achieved through various strategic alliances: Complementary Strategic Alliance, Competition-response, Uncertainty-reducing, and Competition-reducing strategic alliance. These alliances help overcome various problems of a business in the corporate world.

After listing all these strategies, it is clear that a Synergistic strategic alliance is not a part of business-level cooperative strategic alliances which means that option D is the correct choice.

Synergistic strategic alliance is a kind of agreement among business entities where they can work together to increase their overall output.

6 0
3 years ago
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