Business, 13.11.2019 21:31, lalisa6745
Required information the following information applies to the questions displayed below execusmart consultants has provided business consulting services for several years. the company has been using the percentage of credit sales method to estimate bad debts but switched at the end of the first quarter this year to the aging of accounts recelvable method. the company entered into the following partial list of transactions. a during january, the company provided services for $310,000 on credit b. on january 31, the company estimated bad debts using 1 percent of credit sales. c. on february 4, the company collected $155,000 of accounts receivable. d. on february 15, the company wrote off a $700 account receivable. e. during february, the company provided services for $260,000 on credit f on february 28, the company estimated bad debts using 1 percent of credit sales. g. on march the company loaned $12,000 to an employee, who signed a 8% note due in 3 months. h on march 15, the company collected $700 on the account written off one month earlier l on march 31, the company accrued interest earned on the note / on march 31, the company adjusted for uncollectible accounts, based on the following aging analysis, which includes the preceding transactions (as well as others not listed), prior to the adjustment, allowance for doulbtful accounts had an unadjusted credit balance of $8,200 arrow ergonomies aymmet ry architecture others (not shown to save space) weight whlttlers 900400 300200 3,100 ,700 7,500 0,0006100100 ,100 3,100 ,100 total accounts receivable estimated uncollectible (8) 3105, 800 941, 090 $50,300 9,300 90, 200 45 15% 255 2. prepere the journal entries for ltems (. (if no entry is required for a transactionievent, select "no journal entry required" in the first account field. do not round intermediate calculations view traneaction llet journal entry worksheet record service revenue of $310,000 sold on account during januany
Answers: 1
Business, 22.06.2019 11:10, amunson40
The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?
Answers: 2
Business, 22.06.2019 17:40, treestump090
Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above
Answers: 3
Business, 22.06.2019 22:40, laceysmith2i023
Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected
Answers: 3
Required information the following information applies to the questions displayed below execusmart c...
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