Amount will be recognized as net accounts receivable on the balance sheet as of November 30-- $2730
Explanation:
First of all, the order received from Tinley High School has not been delivered by the end of November ,hence the value of the order is irrelevant for the purpose of calculating net accounts receivable at the end of November.
However, out of the goods of $3080 sold to Palos Middle School,$350 worth has been returned as defective,leaving a balance of $2730 ($3080-$350).
For Palos to be entitled to the discount of 2% they should have made payment by 24th November,which never happened,as a result the accounts receivable stay at $2730.
What Is Net Receivables?
Net receivables are the total money owed to a company by its customers minus the money owed that will likely never be paid. Net receivables are often expressed as a percentage, and a higher percentage indicates a business has a greater ability to collect from its customers.
How do you calculate net accounts receivable?
You calculate net receivables by subtracting allowance for doubtful accounts from accounts receivable (A/R) on the balance sheet. The formula is A/R – allowance = net receivables.
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As project manager is setting up a recurring invite for meetings by using a web-based calendar app on a mobile device, this would exemplify the Intelligent Automation.
<h3>What is the significance of Intelligent Automation?</h3>
An Intelligent Automation refers to a software term that is a combination of Artificial Intelligence and Robotic Process Automation.
Intelligent Automation(IA) is also known as cognitive automation, that is the use of different automation technologies such as Artificial Intelligence (AI), Business Process Management (BPM) etc.
An example of Intelligent Automation is to analyze historical and real-time workload and compute data by using machine.
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Answer:
EPS = 2.2
Explanation:
Earning per share is the amount due to each of the ordinary shareholders after settlement of interest due on loans , preferred dividends and tax.
Earnings per share (EPS) = Earnings attributable to ordinary shareholders ÷ Units of shares
Where ;
Earnings attributable to ordinary shareholders = Net income - Preferred dividends
EPS = $770,000 - 0 ÷ 350,000 shares
EPS = $2.2
An investor learns that specific events have a significant impact on stock values. The weak variant of the efficient market hypothesis is broken by this discovery. An investor is any individual or other entity (such as a business or mutual fund) who invests money with the hope of making a profit.
Investors depend on a variety of financial instruments to generate a rate of return and achieve crucial financial stock like saving for retirement, paying for a child's school, or just collecting more wealth over time. To achieve their financial goals and objectives, investors use a variety of financial instruments to produce a return.
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