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3 years ago

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The amount of accounts receivable that is actually expected to be collected is known as the:a.uncollectible accounts expense. b.

present value of accounts receivable. c.net realizable value.d.allowance for doubtful accounts.

1 answer:

scoundrel [369]3 years ago

3 0

Answer:

Net realizable value.....Option C

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Vanyuwa [196]

Answer:

14.88%

Explanation:

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Market value of preferred stock = 25,000 * $41 = $1,025,000

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sales forecasts . multiple select question. should not be used for audit decisions help auditors understand management's strateg

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1 year ago

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Answer:

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2 years ago

Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0

bagirrra123 [75]

Answer:

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Explanation:

given data

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residual value = $1,000

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solution

as per the straight-line method

formula to compute the depreciation expense that is express as

depreciation expense = (Purchase value of generator - residual value) ÷ (estimated useful life) .......................1

and

here by considering here these three item

and other information that is not relevant that ignore

depreciation expense = ($11,000 - $1,000) ÷ 5 years = 2000

so $11,000 cost, five-year life, and $1,000 salvage value

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3 years ago