<span>It created the Federal Trade Commission</span>
Answer:
$6,540
Explanation:
Given:
accounts receivable of $238,000
allowance for uncollectable accounts of $600 (credit)
Also, the allowance for uncollectible accounts should be 3% of accounts receivable.
Therefore the amount of the adjustment for uncollectible accounts would be
= 3% of $238,000 - $600= $(7140-600)= $6,540
<span>Communication is the core leader competency in which you determine information sharing strategies.
Through communication, a leader could convey the goals of the organizations and motivate all members of the group to give their best in order to achieve those goals</span>
Answer:
2.45
Explanation:
Given that,
Stockholders equity book value = $750,500
Earnings per share = $3.00
Price-earnings ratio = 12.25
Common stock outstanding = 50,000 shares
Market price per share:
= Earnings per share × Price-earnings ratio
= $3.00 × 12.25
= $36.75
Equity book value per share:
= Stockholders equity ÷ Common stock outstanding
= $750,500 ÷ 50,000
= $15.01
Price-book ratio:
= Market price per share ÷ Equity book value per share
= $36.75 ÷ $15.01
= 2.45