During the year, bears inc. recorded credit sales of $620,000. before adjustments at year-end, bears has accounts receivable of $320,000, of which $55,000 is past due, and the allowance account had a credit balance of $2,600. using the aging of receivables method, what would be the adjustment assuming bears expects it will not collect 7% of the amount not yet past due and 22% of the amount past due?

How much was home depot's management responsible for its problems? what about the role of technology and organizational factors?

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805