Answer:
Explanation:
The time spent is directly proportional to well being of children. The more amount of time spent by mother with child will help children to nurture. Another aspect is about the meals that is being cooked at home rather than purchasing it from outside as meal cooked at home is more nutritious. However, the well-being of family members will diminish if women participate in labor force. Other aspects are enhancement in prestige and self-esteem at managerial level.
Answer: The amount the company would report as its net accounts receivable at 31 December 2017 is $801,000.
Explanation: Net accounts receivable is the recoverable amount of receivable after considering the amount that is deemed to be uncollectible. It is accounts receivable balance minus the allowance for doubtful accounts.
In the instance of this question, the net accounts receivable was initially $801,000 ($870,000 - $69,000). Now that management approved a write-off of $17,000, the implication is that the write-off would hit allowance for doubtful account (since there is a buffer in that account instead of bad debt expense), and the necessary accounting entries to be recorded would be: <em>Debit Allowance for doubtful accounts $17,000; Credit Accounts Receivable $17,000. </em>With these entries, both accounts receivable and the allowance for doubtful accounts would be reduced by the same account. Consequently, the net accounts receivable remains the same but the individual balances in accounts receivable and allowance for doubtful account would now be $853,000 ($870,000 - $17,000) and $52,000 ($69,000 - $17,000).
Answer:
The incremental income if processes further is 256,500
Explanation:
We need to compare the income on each stage:
currently
67500 revenues
- 86000 cost =
-18500 loss
further process
revenues$ 395x 2,400 units 948,000
cost
86,000 Beginning (previous stage cost)
2,400 units x $260. each
624,000 added during the process
total cost 710,000
revenues - total cost = income
948,000 - 710,000 = 238,000
<u>incremental income</u>
238,000 - (-18,500) = <em>256,500</em>
If you have $500,000 and the yen exchange rate is .007, you would have
500,000/.007 = 71,428,571.43 yen
Then, if the exchange rate to Canadian dollars is 118 then you would have
71428571.43/118 = 605,326.88 dollars
Then if the exchange rate back to US dollars is .821, you would end up with
605,326.88 / .821 = $737,304.36