The pqr company has a balance of $25,000 in accounts receivable and a $5,000 balance in the allowance for doubtful accounts. Net realizable value is $20,000.
The term "accounts receivable," often known as "AR" or "A/R," refers to a company's legally enforceable claims for payment for items delivered or services provided that consumers have requested but haven't paid for.
The money that clients owe your business for goods or services for which invoices have been issued is known as accounts receivable. On the balance sheet, current assets are listed as the total amount of all accounts receivable, which includes bills from clients for goods or services provided to them on credit.
Learn more about accounts receivable here
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Since each member needs to review the document one more time, then, the best collaboration tools for this will be E-mail.
<h3>What is an
E-mail?</h3>
E-mail is basically a online-based application that facilitate an exchange of messages between one or more users
In conclusion, because all member needs to review the document one more time, then, the best collaboration tools for this will be E-mail.
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Answer:
a. Inelastic, b. Raise
Explanation:
a. When the price rises by 10%, the quantity demanded falls only by 5%, that is, falls by less than proportionate amount. It is proof that the demand is inelastic.
b. If the company wants to raise its revenue, it must raise its price. It will lead to less than proportionate fall in demand, leading to an increase in total revenue.
Answer:
Percentage Change = (Amount in 2017 - Amount in 2016) / Amount in 2016
a. Accounts Receivable
= (175,000 - 140,000) /140,000
= 25%
b. Retained earnings
= (30,000 - (-14,000)) / 14,000
= 314%
c. Sales revenue
= (855,000 - 750,000) / 750,000
= 14%
d. Operating expenses
= (170,000 - 200,000) / 200,000
= -15%
e. Income taxes payable
= (11,000 - 10,000) / 10,000
= 10%
Answer:
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Explanation:
sorry