Ethelbert is a young software company owned by two entrepreneurs. it currently needs to raise 4 to support its expansion plans. a venture capitalist is prepared to provide the cash in return for a 40% holding in the company. under the plans for the investment, the vc will hold 10,000 shares in the company, and the two entrepreneurs will have combined holdings of 15,000 shares. what is the total after-the-money valation of the firm.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of

The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.