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IceJOKER [234]
3 years ago
15

ABC Corp. has outstanding accounts receivable totaling $6.5 million as of December 31 and sales on credit during the year of $24

million. There is also a credit balance of $12,000 in the allowance for doubtful accounts. If the company estimates that 6% of its outstanding receivables will be uncollectible, what will be the amount of bad debt expense recognized for the year
Mathematics
1 answer:
Elden [556K]3 years ago
3 0

Answer:

$378,000

Step-by-step explanation:

The computation of the bad debt expense for the year is shown below:

Bad debt expense = Outstanding account receivable × estimated percentage given - credit balance of allowance for doubtful account

= $6,500,000 × 0.06 - $12,000

= $390,000 - $12,000

= $378,000

We simply deduct the credit balance from the estimated balance so that the correct amount could arrive

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A cylindrical metal pipe has a diameter of 8.4 millimeters
Phoenix [80]

Answer:

C. 271.44 mm^3

Step-by-step explanation:

We need to first find the volume of the pipe, then find the volume of the hole and then subtract the volume of the hole from the volume of the pipe.

The diameter of the pipe is 8.4 mm. This means its radius is:

8.4/2 = 4.2 mm

The height of the pipe is 10 mm

The volume of a cylinder is given as:

V = \pi r^2h

where r = radius

h - height

Therefore, the volume of the cylinder  without the hole is:

V = \pi * 4.2^2 * 10\\\\V = 554.18 mm^3

The diameter of the hole is 6 mm. Its radius is:

6/2 = 3 mm

The volume of the hole is:

V = \pi * 3^2 * 10\\\\V = 282.74 mm^3

The volume is:

554.18 - 282.74 = 271.44 mm^3

5 0
3 years ago
Read 2 more answers
how much money would you spend if you were 2 by 4 bags of Doritos it cost $3.55 per bag show the equation how you got the answer
Aleks04 [339]
3.55 x 4
thats the amount per bag times the number of bags you buy. 
use a calculator and you get $14.20

ANSWER-------> $14.20
5 0
3 years ago
Read 2 more answers
A teacher needs 70 lengths of string cut to 40cm each. If balls of string are 10 m long, how many balls will be needed.
Genrish500 [490]

Answer:

3

Step-by-step explanation:

A ball is 10 meters. Since 100 centimeters are in a meter, each ball has 100*10 = 1000 centimeters.

The teacher needs 70 strings each 40 centimeters. The total amount they need is 70*40 = 2800 centimeters.

Since a ball has 1000 centimeters, 2800 centimeters will need 3 balls for a total of 3000 centimeters.

5 0
3 years ago
The base of a rectangular pyramid has dimensions 3 feet by 9 feet. The height of the pyramid is 11 feet.
AveGali [126]

Answer:

99

Step-by-step explanation:

1.  rectangular pyramid formula:

2.  V=lwh/3

3.  99 = (3)(9)(11)/3

5 0
3 years ago
Read 2 more answers
Enter the values for m, n, and p that complete the difference:
inessss [21]

Answer:

p = 2

n = 14

m = 3

Step-by-step explanation:

In order to be able combine (either add or subtract) rational expressions we need to write them with a common (similar) denominator. For that reason we first find the Least Common Denominator of both fractions, that way understanding how to express the two fractions using equivalent fractions with like denominator that can be combined.

We see that the denominator of the first fraction contains the factor "x", therefore "x" has to be a factor of that least common denominator.

We also see that the second fraction  contains "2" as a factor, therefore 2 has to be a factor as well for our Least Common Denominator (LCD)

So the LCD we need is the product: 2*x which we write as 2x.

Now we write the first fraction as an equivalent one but with denominator "2x" by multiplying top and bottom by 2 (and thus not changing the actual value of the fraction): \frac{7}{x} =\frac{7*2}{x*2} =\frac{14}{2x}

Next we do the same with the second fraction, this time multiplying top and bottom by the factor "x":

\frac{3}{2} =\frac{3x}{2x}

Now that both fractions are written showing the same denominator , we can combine them as indicated:

\frac{7}{x} -\frac{3}{2} =\frac{14}{2x} -\frac{3x}{2x} =\frac{14-3x}{2x}

This expression gives as then the values for the requested coefficients.

p = 2

n = 14

m = 3

5 0
3 years ago
Read 2 more answers
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