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lord [1]
3 years ago
7

The aging of accounts receivable for Brett Company as of December 31 of the current year and estimated percentages of uncollecti

ble accounts by age
group are presented in the table below. Calculate the estimate of uncollectible accounts expense. The balance of Allowance for Uncollectible Accounts
on December 31, before the adjusting entry is recorded, is a $236.89 credit
Age Group
Amount
Percent Uncollectible
Current
$16,485.18
20%
1-30
12,489.05
4.0%
31-60
6,958 18
80%
61-90
4,218 21
20.0%
Over 90
3,157 10
70.0%
$43,307 72
Current Balance of Allowance for Uncollectible Accounts
Estimated Addition to Allowance for Uncollectible Accounts

Business
1 answer:
NARA [144]3 years ago
5 0

Answer:

hey

Explanation:

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3 0
2 years ago
You have a portfolio that is invested 18 percent in Stock A, 42 percent in Stock B, and 40 percent in Stock C. The betas of the
Vladimir79 [104]

Answer: 1.337

Explanation:

From the question ,we are informed that someone has a portfolio that is invested 18 percent in Stock A, 42 percent in Stock B, and 40 percent in Stock C while the betas of the stocks are .77, 1.32, and 1.61, respectively.

The beta of the portfolio will be calculated by multiplying the respective beta by their respective weight and then adding the total values gotten together. This will be:

= (18% × 0.77) + (42% ×1.32) + (40% × 1.61)

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7 0
3 years ago
Jamal and Keisha each earn money by washing cars and mowing lawns.
mrs_skeptik [129]

Answer:

B: Keisha can specialize in washing cars, because she has the comparative advantage.

C: Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.

E: Specialization allows them to earn more money.

Explanation:

Edg

7 0
3 years ago
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sineoko [7]

Answer:

Adding up basic monthly expenses and subtracting this total from take-home pay, plus trying to find out ways or figuring out what to give up to make the monthly loan payment.

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A loan is simply a borrowed money that must be repaid at a certain point in time.

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3 years ago
Which of the following statements about price wars is true? Multiple Choice a. Firms that have to deal with the possibility of p
ira [324]

Answer:

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Statement A is true because firms that are engaged in wars have sticky prices because they don't want to change their prices more often or too low such that they start losing market share or incurring losses.

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