Wall Company Reported the following information related to accounts receivable: Accounts Receivable Beginning Balance of $350,000 Accounts Receivable Ending Balance of $420,000 Allowance for Doubtful Accounts Beginning Balance $25,000 Write-offs for the year were $10,000 Cash collected from customers was $550,000 Wall Company has provided the following data to calculate aging of accounts receivable: Age of Account Balance Less than 30 $336,000 31 to 60 days $39,900 61 to 90 days $26,250 over 90 days $17,850 Wall Company uses the following percentages to estimate uncollectible accounts using the aging method: Age of Account Estimated Percent uncollectible Less than 30 2.00% 31 to 60 days 5.00% 61 to 90 days 30.00% over 90 days 50.00% 1. Using the aging of accounts receivable method with the data provided, what is the estimated allowance for doubtful accounts at year end

Kinkead inc. forecasts that its free cash flow in the coming year, i. e., at t = 1, will be −$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c. increase prices