The net realizable value of accounts receivable is $684,204
Explanation:
- To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.
- accounts receivable = $703,938
- doubtful-accounts = $19,734.
- the net realizable value of accounts receivable =
- accounts receivable ± doubtful-accounts
- Therefore, the net realizable value of accounts receivable is $684,204
Answer:
$137,200; $103,600
Explanation:
In 2015:
Free cash flow:
= Net cash flow from operating activity - Capital expenditure
= $294,000 - (70% × $224,000)
= $294,000 - $156,800
= $137,200
In 2016:
Free cash flow:
= Net cash flow from operating activity - Capital expenditure
= $280,000 - (70% × $252,000)
= $280,000 - $176,400
= $103,600
The new system may not operate as intended, but other insurance companies have found success using this strategy despite employee doubts. The new initiative at Indigo Insurance is a cutting-edge transformation.
An opening maneuver took charge and tried to resolve the problem is called initiative. Taking up an additional duty in work, college, school, or home. Initiative means adopting a new pastime or interest. doing what you know is healthy for you, even if it means stepping outside of your comfort zone is called initiative. A way to control your risk is through insurance. When you obtain insurance, you safeguard yourself against unforeseen financial losses. If something unfavorable occurs to you, the insurance company pays you or a person of your choice. If an accident occurs and you don't have insurance, you can be liable for all expenses.
Learn more about insurance here
brainly.com/question/27822778
#SPJ4