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4 years ago

Please help me

1 answer:

6 0

D.going into debt to buy a large number of vehicles for the military. Fiscal policy centers around tax rates and government spending.

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If the allowance method of accounting for uncollectible receivables is used, what general ledger account is credited to write of

HACTEHA [7]

Answer:

B. Accounts Receivable

Explanation:

In the allowance method of accounting for uncollectible receivables the Uncollectible Accounts Expense is recognice against Allowance for Doubtful Accounts in advance to a customer's account became uncollectible acording to different variables. This is done at the closer of the financial period, like it follows: Uncollectible Accounts Expense(Debit) - Allowance for Doubtful Accounts (Credit).

Then, when a customer's account became uncollectible the Uncollectible Accounts Expense is already recognise, so you write off the customer's account agaisnt the Allowance for Doubtful Accounts like it followws: Allowance for Doubtful Accounts (Debit) - Accounts Receivable (Credit).

Therefore the general ledger account credited to write off a customer's account as uncollectible is Accounts Receivable

8 0

3 years ago

A company with technical support staff in another country mostly benefits from changes to:_______.

ANEK [815]

Answer:

a. regulations.

Explanation:

A company with technical support staff in another country mostly benefits from changes to regulations because regulation and compliance requirements affects businesses particularly during the phase of startup. For example developed economies have very stringent data protection laws which could be expensive to implement but you can choose a developing country with lax data protection laws to avoid certain expenses.

4 0

4 years ago

Read 2 more answers

Trailers R Us Company, which uses an activitybased costing system, produces travel trailers and boat trailers. The company all

AleksAgata [21]

Answer:

Boat trailers= $96,200

Explanation:

Giving the following information:

Travel trailers Boat trailers:

Budgeted units to be produced 2,050 3,200

Budgeted number of setups 320 520 = 840

Total budgeted setup costs for the year are $155,400.

<u>First, we need to calculate the predetermined activity rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setup= 155,400/840= $185 per setup

<u>Now, we can allocate costs to boat trailers:</u>

Boat trailers= 185*520= $96,200

8 0

3 years ago

Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions

Deffense [45]

Answer:

Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000

Explanation:

Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

Best of luck.

Download xlsx

7 0

3 years ago

Hi-Tek is a young start-up company. No dividends will be paid on the stock over the next 15 years, because the firm needs to plo

Zolol [24]

Answer:

current share price = $5.40

so correct option is C. $5.40

Explanation:

given data

dividends paid = 15 years

pay = $6 per share

increase = 4%

to find out

current share price

solution

we know that Value after year 15 will be = ( D15 × Growth rate) ÷ (required return - growth rate) ......................1

put here value

Value after year 15 = $\frac{6*(1+0.4)}{0.16 - 0.04}$

Value after year 15 = $52

so here current share price will be

current share price = Future dividends × Present value of discounting factor

current share price = $\frac{6}{(1+0.16)^{16}}+\frac{52}{(1+0.16)^{16}}$

current share price = $5.40

so correct option is C. $5.40

4 0

4 years ago