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Vinil7 [7]
3 years ago
5

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,252 and Allo

wance for Doubtful Accounts has a balance of $25,716. What is the net realizable value of the accounts receivable?
Business
1 answer:
ioda3 years ago
6 0

Answer:

Net realizable value = $647536

Explanation:

Below is the calculation for net realizable value:

Given the accounts receivable = $673252

Allowance for doubtful accounts = $25716

Net realizable value = Accounts receivable - allowance for doubtful account

Net realizable value = 673252 - 25716

Net realizable value = $647536

Therefore the net realizable value is $647536.

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Why does a comma need to follow the word rain in this sentence?this is the following question, The weather guy said that it was
Strike441 [17]

Answer:

Eng grammar

Explanation:

Comma is Basically a 1 second pause after the word so when you say the above mentioned sentence then a one second pause is required after the word rain..

Hope I Helped

Pls mark as Brainliest.

8 0
3 years ago
Staffing plan that lists the roles and the proposed reporting structure that are required for the project. Typically, a project
Andru [333]

Answer: Project manager

Explanation:

A project manager is a qualified person in the field of project management. Project managers are responsible for the planning, directing, procurement and the execution of a project. Project managers are the first point of contact when issues arise from various departments in the organization before the problem reaches higher authorities.

The project manager is responsible for project management. The project manager does not really take part directly in the things done to produce the end result, but makes sure there is progress and fulfillment of the organizational goals.

4 0
3 years ago
Read 2 more answers
"An investor buys $10,000 of a "regulated" mutual fund investing solely in municipal securities. Which statement is TRUE regardi
kogti [31]

Answer: D. The investor has no tax liability on distributions received, and the investment company has no tax liability on retained income

Explanation:

Municipal Securities are exempt of Federal taxes and this is what makes them most attractive. An investor in a mutual fund which invests solely in municipal securities will therefore not have any tax liability because their returns would be based on securities that are federally tax exempt. The same goes for any income the Mutual fund intends to retain.

7 0
3 years ago
List all the economic activities involved in each of the following businesses:
Bess [88]

Answer:

Selling cotton shirts at a high-street store:

Manufacture: First, the factory manufactures shirts using raw materials they’ve purchased from suppliers.

Quality control: The shirts go through quality control to check for defects and to ensure uniformity among all the shirts. Quality inspectors are paid to ensure that shirts are free of defects.

Packaging/transportation: After the quality control process, the factory packages the shirts and hires transportation services to transport the shirts to the retail outlet.  

Labeling: At a retail outlet, each type of shirt is valued and receives a price tag based on the discount that the storeowner decides to offer consumers.  

Selling: Consumers choose between many types of shirts and may decide to purchase the shirt based on the quality and price.

Selling hamburgers at a fast-food restaurant:

Buying the ingredients: Headquarters buy ingredients from meat suppliers.

Assembly process: A team of chefs starts the preparation by chopping and assembling all the ingredients. Another team of chefs makes the burgers, and the ingredients are ready for delivery. Chefs are paid to ensure burgers are prepared correctly and packaged to maximize shelf life.

Packaging: The packaging department packs the burger patties and hires a specialized transportation service to deliver the frozen patties to the restaurant.  

Selling: The restaurant prices the burgers and prepares them as customers order them. Customers can choose between this restaurant and another down the street.

Selling medicines at a drug store:

Manufacturing: A valid license holder manufactures the medicines. The manufacturer may hold the patent for certain drugs or may pay for the license to manufacture the drug.

Wholesalers: Wholesale dealers sell the medicines to pharmacies or other wholesalers.  

Selling: Pharmacies sell the medicines to consumers, who may have the choice to purchase other drugs, including generic drugs.

Selling gas at a gas station:

Production: The oil company has to drill underground to find oil. The operation is typically paid for by investors that hope to strike oil and sell the oil to a refinery.

Refining: The crude oil is then refined at a refinery, who purchases the oil from the drilling company.

Selling: The oil company sells the refined oil to gas stations, which sell the gas to consumers. Consumers have many choices for gasoline, so the market price is a buyers’ market.

Explanation:

Don't really need one lol, I literally got the answer from the problem since I have to do this too

5 0
3 years ago
Eric's income increased from $40,000 to $50,000 per year. Eric's consumption of tickets to pro football games increased from two
uysha [10]

Answer: b. +3; normal

Explanation:

Income elasticity measures the responsiveness of quantity demanded to a change in consumer's income.  When demand for a good increases with an increase in income, it is termed as a normal good. While, when demand for a good decreases with an increase in income it is termed as an inferior good.

Using the mid-point method,

e_{i} = \frac{ 4 - 2}{\frac{4 + 2}{2} } * \frac{\frac{50000 + 40000}{2} }{50000 - 40000}

e_{i} = \frac{2}{3}  *  \frac{45,000}{10,000}

e_{i} =0.67*4.5

e_{i} = 3.015

Therefore, income elasticity is 3 and the good is a normal good as rise in income increases demand.

5 0
3 years ago
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