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wel
3 years ago
15

For 2021, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an a

llowance for uncollectible accounts of $86,500 and $2,100, respectively, at December 31, 2020. During 2021, Rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. Rahal's final balance in its allowance for uncollectible accounts at December 31, 2021, is:_________
Business
1 answer:
Naddik [55]3 years ago
3 0

Answer:

$80,160.

Explanation:

An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.

According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is

86,500 + 404,000 - 408,000 - 2,340

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(c)
ladessa [460]

Answer:

The changes suggested increase income by 16,000 therefore is a good idea to made the changes

Explanation:

Your Mistake is that fixed expenses should remain constant with a sales increase

                     Current                  New

Sales             $800,000       $ 912,000

Variable        $ 480,000      $ 576,000

Contribution $ 320,000      $ 336,000

<u>Fixed             $ 270,000     </u><u><em> $ 270,000  </em></u>

Net Income   $  50,000      <em> $  66,000</em>

<em></em>

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7 0
2 years ago
To encourage compliance with its labor standards, the ILO relies on all of the following except:A) PublicityB) DiplomacyC) Techn
anygoal [31]

Answer: Option (D)

Explanation:

<em>ILO</em> is abbreviated as <em>International Labour Organization</em> is known as the UN body whose decree is to provide advancement in the social justice and thus also promote the respectable and appropriate work thereby setting and developing the international labour specifications. It is considered as the first specialised body of the United Nations.

ILO does not uses Lawsuits in order to encourage compliance with the labour standards.

8 0
2 years ago
A company issues 7% bonds with a par value of $230,000 at par on January 1. The market rate on the date of issuance was 6%. The
aivan3 [116]
The correct answer is $4,900.
8 0
2 years ago
PLEASE HURY
horsena [70]

Answer:

your answer is C I am not 100% sure

7 0
3 years ago
Donovan manages a warehouse with over 1,000 associates performing a variety of tasks. After walking through the building talking
Vitek1552 [10]

Answer: by instructing his teams to create mission statements with clearly defined goals

Explanation:

These are the options:

A. by dismantling the teams so he can make one goal for the entire facility

B. by instructing his teams to create mission statements with clearly defined goals

C. by making all employees trade jobs for several weeks so they have more in common

D. by increasing the dependence of the teams on each other so all tasks share common goals

E. by giving each worker a set amount of time to find out what their goals should be or face discipline

From the question, we will realize that Donovan learned that just few of the workers in the company share any sense of common goals within teams as there was He notes disparity in what the workers were doing and the goals to be accomplished.

Based on the above scenario, he should instruct his team to create mission statement that has clearly defined goals. The mission statement will show the reason for the existence of the organization, the goal of the organization, the kind of product or service rendered etc. This will help the workers know what is expected from all of them and work towards it.

7 0
3 years ago
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