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
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

You might be interested in
In​ economics, the best definition of technology is: A. the speed of communication. B. the development of new products. C. the p
luda_lava [24]

Answer:

C

Explanation:

4 0
4 years ago
One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that
Lubov Fominskaja [6]

Answer:

C. Create a rotating assignment so each team member shares note taking.

Explanation:

In the case noted in the question above, there is a situation that could be unpleasant if it were decided by some type of bias.

Therefore, the most appropriate alternative for the team to address this situation would be to create a rotating assignment for each team member to share the notes. This way it would not happen that a team member is always chosen to perform a task that causes dissatisfaction in the whole team. Creating a rotating assignment to carry out the task would guarantee the uniformity of the task assignment and avoid possible dissatisfactions, inequalities and interpersonal conflicts that could arise.

5 0
3 years ago
Which loan type allows you borrow up to the cost of attendance, minus other aid you have received?.
nikdorinn [45]

A subsidized loan is such a loan where the borrower is allowed to borrow up to the cost of attendance less any other aids received.

<h3>What is a subsidized loan?</h3>

A type of education or student loan where the amount to be borrowed is determined as per the cost of the student's attendance, which is subtracted from other financial benefits received in this regard, is known as a subsidized loan.

Hence, subsidized loan is explained as above.

Learn more about subsidized loans here:

brainly.com/question/2256061

#SPJ1

4 0
2 years ago
A credit card issuer charges an apr of 13.50%, and its billing cycle is 30 days long. what is its periodic interest rate?
Serga [27]
Let’s just say that the entire year is 365 days. So, we need to divide the APR (13.50%) to 365. This gives us a value of 0.037% and since the the billing cycle is 30 days, we need to multiply 0.037% to 30 to get it’s periodic interest rate. Therefore, the periodic interest rate is 1.11%.
8 0
3 years ago
Read 2 more answers
The market risk premium is 9.0%, and the risk-free rate is 5.0%. If the expected return on a bond is 9.5%, what is its beta?
leva [86]

Answer:

The beta is 1

Explanation:

The computation of beta using the CAPM model is shown below:

As we know that

Expected rate of return = Risk free rate of return + Beta × Market risk premium

9.5% = 5% + Beta × 9.0%

9.5% - 5% = Beta × 9.0%

9.0% = Beta × 9.0%

So, the beta is 1

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

4 0
3 years ago
Other questions:
  • Gold Brands is the industry leader in golf equipment and not only has a degree of pricing power amongst its competition but also
    6·1 answer
  • If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must yo
    12·1 answer
  • Sarah transferred $450.00 from her savings account to her checking account. She’ll use the check register to record her transact
    11·2 answers
  • In an effort to expand its business, music retailer MovNow offers DVD rentals online.
    6·1 answer
  • Identify the component present in a smart card that can process instructions and store data for use in various applications Sele
    13·1 answer
  • Promotional activities that are implemented to generate short-term excitement are
    15·1 answer
  • The risk-free rate is 4%, the market risk premium is 8%, and the market return is 12%. Stock Y's beta is 1.85 and the standard d
    12·1 answer
  • Doing something without being told; willingness to get things done and taking responsibility; taking action when necessary is ca
    7·2 answers
  • Why is it important to have a digestive deposition transcript prepared before trial?
    11·2 answers
  • In the figure below, ∆LMN is an equilateral triangle, side \overline {LM} LM is bisected by O, side \overline {LN} LM is bisecte
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!