1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
e-lub [12.9K]
3 years ago
12

A company has the following balances on December 31, 2018, after year-end adjustments: Accounts Receivable = $62,500; Allowance

for Uncollectible Accounts = $6,200.
Calculate the net realizable value of accounts receivable
Business
1 answer:
VMariaS [17]3 years ago
3 0

Answer: The net realizable value is the maximum value that can be achieved with the sale of the asset, discounting the costs associated with it.

The net realizable value (NRV) of accounts receivable would be:

NRV = Accounts Receivable - Allowance for Uncollectible Accounts

NRV = $ 62,500 - $ 6,200

NRV = $ 56,300

You might be interested in
Planning for capital expenditures is necessary for all of the following reasons except:
True [87]

Answer:

The correct answer is (C)

Explanation:

Planning for capital expenditures is an important aspect which helps the organisation to grow in future and to mitigate the risks of financial distress. Amount spent on office equipment is not a part of planning for capital expenditures because in time fixed assets such as office equipment wear out or become superseded. All other reason are a part of planning for capital expenditures.

3 0
3 years ago
Blake Company has $15,000 cash at the beginning of June and anticipates $50,000 in cash receipts and $34, 500 in cash disburseme
rodikova [14]

Answer:

balance of the loan  = $4500

correct option is d. $4, 500

Explanation:

given data

cash at the beginning = $15,000

cash receipts = $50,000

cash disbursements = $34, 500

minimum cash balance = $10,000

maintains = $20,000

company owes = $15,000

to find out

balance of the loan

solution

we get here first excess that is

excess = $15,000 + $50,000 - $34, 500

excess = $30500

so used to loan replay will be here as

used to loan replay  = $30500 - $20,000

used to loan replay  = $10500

so balance of loan will be here

balance of the loan  = $15,000 - $10500

balance of the loan  = $4500

correct option is d. $4, 500

6 0
3 years ago
PQR Corporation has a Beta of 1.5. The risk-free rate is 6%, and the market risk premium is 9%. What is the required rate of ret
shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0
3 years ago
Eddie was surprised to learn that not everyone would receive a bonus this year instead management plan to
dmitriy555 [2]

Eddie's company is using a forced ranking performance review system.

<h3>What is forced ranking?</h3>
  • Forced ranking, the contentious practice of grading employees against one another rather than against performance criteria, is all the rage in corporate America.
  • Employees are evaluated from best to worst depending on their performance in a system known as forced ranking.
  • This system can be used to find top talent, assist managers in identifying individuals who require growth, and give a framework for granting incentives and promotions.
  • This not only makes staff feel unmotivated and disengaged, but also fosters unneeded internal competition, which can be harmful to synergy, creativity, and innovation and divert attention away from marketplace fulfillment.

Therefore, Eddie's company is using a forced ranking performance review system.

Know more about forced ranking here:

brainly.com/question/6626507

#SPJ4

The correct question is given below:
Eddie was surprised to learn that not everyone would receive a bonus this year. Instead, management planned to rank all of the employees in Eddie's division and award bonuses only to the top 20 percent in terms of sales. Eddie's company is using a(n) ______ performance review system.

6 0
2 years ago
For each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or lo
8090 [49]

Total variable cost is -44000 ,0, 244000.

TR = P * Q

TC = FC + VC

Profit = TR - TC

Price Q                        TR                       FC              VC

10      6000 6000 * 10 = 60000 44000 =10 * 6000 = 60000    

16 8000 16 * 8000 = 128000 44000 =10.5 * 8000 = 84000

40 12000 40 * 12000 = 480000 44000 =16*12000 = 192000

Profit

-44000

0

244000.

The main goal of a perfect competitor to maximize profits is to calculate the optimum production level where marginal cost (MC) = market price (P). As shown in the graph above, the point of profit maximization is where the MC intersects the MR or P.

This is the output when the marginal revenue from the last sold unit is equal to the marginal cost to produce it.

In order to maximize profits, companies need to produce in a place where marginal revenue and marginal cost are equal. The company's marginal production cost is $ 20 per unit. If the company produces 4 units, its marginal revenue is $ 20. Therefore, the company needs to produce 4 production units.

Learn more about profit or loss here: brainly.com/question/13799721

#SPJ4

8 0
1 year ago
Other questions:
  • Your restaurant has assets of $64,342 and liabilities of $47,266. What is the equity of your business?
    5·1 answer
  • To gain market share, when hyundai first entered the u.s. car market it did so with a comparatively low pricing strategy. one of
    14·1 answer
  • Why is it important for managers to pay close attention to their organization’s production system if they wish to be responsive
    5·1 answer
  • The West European buyers who purchase and resell Entrée Specialités’ food products in their home countries are in the _____ busi
    11·1 answer
  • Modern supply chains simultaneously pursue the goals of high-quality, fast response, and low cost because customers nowadays wan
    12·2 answers
  • Magazines and journals are examples of periodical resources. True False
    15·2 answers
  • During the current year, Vann County’s motor pool internal service fund sold two vehicles for $5,000. The vehicles had a cost of
    15·2 answers
  • Which statement best explains the law of demand?
    10·2 answers
  • B) A manufacturing unit A makes 15 colour television
    6·1 answer
  • What do americans consider to be a signal of progress in a business negotiations with foreigners?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!