Answer:
Consider the following explanations
Explanation:
1). Balance of allowance for uncollectible accounts on 12/31/2021 is $66,500.
2). Journal entry for adjusting the allowance for uncollectible account is :
Here we already have $22,000 credit balance in allowace for uncollectible account and hence adjusting entry is of $44,500 which makes the ending balance of allowace for uncollectible account to $66,500 credit.
3). Net account receivable balance on 12/31/2021:
Accounts receivables total = $520,000
Less: Allowance for uncollectible account = $66,500
Net Account Receivables = $453,500
Answer: right; left
Explanation:
<em>When the Treasury bond market becomes less liquid, other things equal, the demand curve for corporate bonds shifts to the </em><em><u>right</u></em><em> and the demand curve for Treasury bonds shifts to the </em><em><u>left</u></em><em>.</em>
Liquidity is highly sought after in the bond market such that more liquid securities have a higher demand than less liquid securities.
Should Treasury bills become less liquid, their demand would decrease which would result in the demand curve for treasury bills shifting to the left.
More people would then switch over to Corporate bonds which would have more liquidity. The increase in demand for corporate bonds will lead to the demand curve for corporate bonds shifting to the right.
Hope this helps answer your question! :)
Answer: Option A
Explanation: In simple words, WACC refers to the cost of total capital that a company has borrowed form the market in its weighted average form. It includes all sources of debt whether retained earning, equity, debt or preferred stock.
While calculating WACC the analyst takes the market value of the capital sources into consideration, thus, in case of preferred stock the cost of newly issued preferred shares must be taken as they depict the actual cost that the company has to bear.
