The answer to your question Roxannecalixto is decreases and produced.
Answer: When a manager develops a cost of capital for a specific project based on the cost of capital for another firm which has a similar line of business as the project, the manager is utilizing the pure play approach.
Explanation: Pure play method is an approach to estimate the cost of equity capital of private companies. To do this, members will go in and exam the beta coefficient of different companies to focus on them.
It is the American Correctional Association (ACA). It has existed and operated since 1870. Up until 1954, it existed under the name National Prison Association. It is the biggest organization of this kind not only in the U.S.A., but also in the entire world. Even though it is a private organization, it supervises and accredits all the prisons in America.
Answer:
The dollar amount that should be credited to Allowance for Uncollectible Accounts at year end is $ 12,100
Explanation:
Providing allowance for doubtful debts
A provision is made for the debts which are likely to be uncollectable by a company.This amount is used to adjast the Trade Receivable balances to show a faithful representation of assets a beusiness has at end of year.
Calculations
<em>December 31, 2018 Arundel Company`s Allowance for Doubtful debts is calculated as follows</em>
Credit Sales × % of allowed provision
$805,000 × 2.0%
$16,100
<em>Adjastment to be done in Allowance for Doubtful Debts Account:</em>
<em>Hint : Open Allowance for Doubtful Debts T Account:</em>
<u>Credits :</u>
Opening Balances 4,000
Balancing Figure (Profit and Loss) 12,100
Totals 16,100
<u>Debit:</u>
Closing Balance 16,100
Totals 16,100