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Alex Ar [27]
3 years ago
9

To get to free cash flows from accounting earnings, what is the formula used?

Business
1 answer:
kotegsom [21]3 years ago
7 0

The formula used to determine free cash flow is cash from operations minus capital expenditures.

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Southwest Pediatrics has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $121,000; All
kogti [31]

Answer:

Bad debt expense  $ 26,300

Allowance for Uncollectible Accounts   $ 26,300

Explanation:

Initial Balance  

Accounts Receivable  $ 121,000

Allowance for Uncollectible Accounts   $ 2,100 - Debit

Bad Debts Expense =  20% / Accounts Receivable $ 24,200

Adjusting Entry

Bad debt expense  $ 26,300

Allowance for Uncollectible Accounts   $ 26,300

Final Balance  

Accounts Receivable  $ 121,000

Allowance for Uncollectible Accounts   $ 24,200 - Credit

Accounts Uncollectible are those credit that the company give and there are not chances of been collected.

When the customers buy products on credits but then the company can't collect the debt, then it's necessary to write off the unpaid bill as uncollectible

One way it's to write-off directly the bad debts at the moment decided that the credit are uncollectible, the total amount it's reported as bad debt expenses which affect negativly the income statement and the accounts receivable are reduce in the same amount, less assets.

The other way it's to determine a percentage of total amount of accounts receivables as uncollectible, exist many ways to analize the accounts receivable and figure the value of uncollectible.

When the company have the percentage of uncollectible accounts the journal entry required is Bad Expenses (debit) with Allowance for Uncollectible Accounts (credit)

At the moment of the write-off as the expenses were before recognized we only use the Allowance for Uncollectible Accounts (Debit) with Accounts Receivable (Credit), with this we are recognizing the uncollectible credit of the company.

6 0
3 years ago
What is a minimum balance when it comes to account requirement?
Komok [63]
<span>I would say A)minimum dollar amount that can be in an account  wouldn't want an account with just a dollar in it, it would be a waste of time and space.</span>
7 0
3 years ago
Read 2 more answers
what is a highly coordinated activity that delivers goods and/or services when they are needed? multiple choice just-in-time pro
Julli [10]

Just-in-time production is a highly coordinated activity that delivers goods or services when they are needed.

Just-in-time management is a philosophy, not a method. If the "customer" is the eventual consumer of the product or a process further along the production line, the term originally referred to the manufacturing of goods to precisely fulfill customer demand in time, quality, and quantity.

By minimising the time and resources needed for production operations, JIT increases productivity. More rapid product production is possible thanks to manufacturers.

This simplified strategy can save costs and boost productivity while things are going as usual, but it is vulnerable to changes in supply and demand. JIT production can make manufacturers unable to meet demand when global supply networks are interrupted for a variety of reasons, deepening an economic downturn.

To know more about just-in-time production refer to the given link:

brainly.com/question/28865388?referrer=searchResults

#SPJ4

6 0
1 year ago
Executives at southwestern construction have noticed that the company's construction team in the phoenix office is more efficien
Debora [2.8K]

Answer:

Leveraging the experience of one group to help another group.

Explanation:

Southwestern Construction is hoping to use (leverage) the knowledge of the team in one office by sharing the knowledge with another office and hoping that the second office will also become more efficient simply by adopting the new strategies.

8 0
3 years ago
Jacob's physical toy store relies on offline metrics, such as store visits and in-store sales. He's heard that specialized campa
Citrus2011 [14]

Brand awareness campaign is the type of campaign that is done by the Jacob in hi physical store as he doing store visits and in-store sales and heard that specialized campaign types can help him meet these kinds of goals.

<h3>What is brand awareness campaign?</h3>

Brand awareness campaign is mostly done to promote the new brand or the unknown brand, which needs exposure to get well placed in the market.

Brand awareness is very useful tool for the company as they promotes the products plus brand name ans make the remark of the brand in customer's mind.

Thus, it is Brand awareness campaign.

For further information, Brand awareness campaign, click here:

brainly.com/question/14773098

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6 0
2 years ago
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