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RUDIKE [14]
3 years ago
15

At the end of the year, Swain Company had the following information: Credit sales for the year $1,000,000 Accounts receivable, b

eginning of year 250,000 Cash collections during the year 1,050,000 Allowance for doubtful accounts, beginning of year 25,000 Bad debt expense recorded during the year, 8,000 Based on this information and assuming no write-offs were recorded under the allowance method, what is the net realizable value of accounts receivable at the end of the year? Question 1 options: 217,000 192,000 200,000 167,000 175,000
Business
1 answer:
xz_007 [3.2K]3 years ago
6 0

Answer:

what is the net realizable value of accounts receivable at the end of the year?

options: 217,000

Explanation:

Credit sales_______1000000

Cash Collections__ _1050000

Account Receivable__250000

 

Allowance begining___25000

Bad debt expense ____8000

Net realizable value__217000

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The expected return for stock A and B is 8.55% and 15.11% respectively.

<h3>What is the Expected return?</h3>

= (Probability of Recession × Return during recession) + (Probability of normal × Return during normal) + (Probability of boom × Return during boom)

Expected return for stock A:

= (0.20 * .05) + (0.57 * 0.08) + (0.23 * 0.13)

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Expected return for stock B:

= (0.20 * 0.20) + (0.57 * 0.09) + (0.23 * 0.26)

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1 year ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Margarita [4]

Answer:

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The computation of the total period cost under variable costing is shown below:

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2 years ago
During a presentation, promptly complying with requests raised by audience members
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During a demonstration, promptly responding to audience members' requests creates your reputation as responsive.

What defines an audience?

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What is an instance of an audience?

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1 year ago
On January 1, Year 1, Friedman Company purchased a truck that cost $35,000. The truck had an expected useful life of 200,000 mil
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Samara interviewed for a management position and was just asked back for a second interviewer with the head of the department. I
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