subject
Business, 16.07.2019 01:20 carolyntowerskemp

Reliable enterprises sells distressed merchandise on extended credit terms. collections on these sales are not reasonably assured, and bad debt losses cannot be reasonably predicted. it is unlikely that repossessed merchandise is in condition to be re-sold. therefore, reliable uses the cost recovery method. merchandise costing $32,500 was sold for $56,750 in 2017. collections on this sale were $19,100 in 2017, $14,900 in 2018, and $22,750 in 2019. in its 2017 year-end balance sheet, reliable would report installment receivables (net) of:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:30
Which of the following goals is most effective? i will purchase a house by age twenty-five. i will purchase a three-bedroom house located near cherry park by my twenty-fifth birthday. in order to reach this goal, i will graduate from college and secure a job as a software developer.
Answers: 2
question
Business, 21.06.2019 20:30
1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period
Answers: 3
question
Business, 22.06.2019 12:10
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
question
Business, 22.06.2019 23:00
You cannot make copies of media, even as a personal backup, without violating copyright. true
Answers: 3
You know the right answer?
Reliable enterprises sells distressed merchandise on extended credit terms. collections on these sal...
Questions
question
History, 16.04.2020 04:38