Business, 18.11.2019 18:31 astultz309459
Wren company had the following account balances at december 31, year 1: accounts receivable $ 900,000 allowance for doubtful accounts before any provision for year 1 doubtful accounts expense) 16,000 credit sales for year 1 1,750,000 wren is considering the following method of estimating doubtful accounts expense for year 1: • based on credit sales at 2% • based on accounts receivable at 5% what amount should wren charge to doubtful accounts expense under each method?
Answers: 3
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
Business, 22.06.2019 18:00
1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%
Answers: 1
Business, 22.06.2019 22:00
Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.
Answers: 2
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
Wren company had the following account balances at december 31, year 1: accounts receivable $ 900,0...
Mathematics, 01.08.2019 10:20
Biology, 01.08.2019 10:20
Mathematics, 01.08.2019 10:20
Mathematics, 01.08.2019 10:20
History, 01.08.2019 10:20
Mathematics, 01.08.2019 10:20
Computers and Technology, 01.08.2019 10:20
English, 01.08.2019 10:20
Social Studies, 01.08.2019 10:20
Computers and Technology, 01.08.2019 10:20
Computers and Technology, 01.08.2019 10:20