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inysia [295]
3 years ago
5

Charleston, Inc. has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000. If it writes-off a custo

mer account balance of $1,600, what is the amount of its net accounts receivable? Multiple Choice $320,000 $302,400 $304,000 $318,400

Business
1 answer:
noname [10]3 years ago
5 0

Answer:

$304,000

Explanation:

Please see attachment

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Prepare the current assets section of the balance sheet for Buffalo Industries, assuming that in addition to the receivables it
Sav [38]

Answer:

Explanation: current assets are assets other than fixed asset that a company uses in its day to day operations and are noted in the Balanced sheet of an organisation and they include:

Cash, Account receivable, Inventory, Supplies.

From the above question, the current asset of Buffalo Industries is stated below:

Balanced Sheet (extract)

Current assets :

Cash $97,340

Merchandise inventory $167,950

Supplies. $12,560

Total current asset. $277,850

3 0
4 years ago
The Back Room just paid an annual dividend of $1.50 a share. The firm expects to pay dividends forever and to increase the divid
umka2103 [35]

Answer:

$26.05

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid = d0 x (1 + growth rate)

d0 = dividend that was just paid

r = cost of equity

g = growth rate

1.5 x (1.045^6) / 12 - 4.5 = $26.05

6 0
3 years ago
Lisa’s pizza is trying to compete with the larger domino’s pizza down the street for customers. She feels she can deliver a bett
jolli1 [7]

Lisa's Pizza is trying to compete with the larger Domino's Pizza down the street for customers. Lisa here is trying to practice operations management.

More about operations management:

Operations management is a branch of management that focuses on planning, organising, and redesigning the production process for goods or services as well as business operations.

The management of business procedures to achieve the best level of productivity within an organisation is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labour and materials into products and services as effectively as feasible.

Teams in charge of operations management strive to produce the maximum net operational profit by balancing costs and revenues.

Learn more about Operations management here:

brainly.com/question/1382997

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8 0
2 years ago
From what part of income should someone take savings?<br>​
vovikov84 [41]

Answer:

nowhere

it wouldnt help anyway

5 0
4 years ago
Read 2 more answers
Identify accounts by category and financial statement(s). Listed here are a number of financial statement captions. Indicate in
konstantin123 [22]

Explanation:

The categorizations are shown below:

Accumulated depreciation =  A and BS

Long-term debt =  L and BS

Equipment = A and BS

Loss on sale of short-term investments =  LS and IS

Net income = R and IS

Merchandise Inventory =  A and BS

Other accrued liabilities = L and BS

Dividends paid = OE and BS

Cost of goods sold = E and  IS

Additional paid-in capital = OE and BS

Interest income = R and IS

Selling Expense = E and IS

6 0
3 years ago
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