subject
Business, 14.02.2020 01:20 mcfancei

During Year 4, Tara wrote off $7,000 in receivables and recovered $4,000 that had been written off in prior years. Tara's December 31, Year 3, allowance for uncollectible accounts was $22,000. Under the aging method, what amount of allowance for uncollectible accounts should Tara report on December 31, Year 4?
a. $9,000.
b. $13,000.
c. $19,000.
d. $10,000.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:20
Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.
Answers: 3
question
Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
question
Business, 22.06.2019 23:40
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
question
Business, 23.06.2019 09:50
Provide three examples of how the purpose of investing is different than the purpose of saving
Answers: 2
You know the right answer?
During Year 4, Tara wrote off $7,000 in receivables and recovered $4,000 that had been written off i...
Questions
question
Physics, 18.10.2020 09:01
question
Chemistry, 18.10.2020 09:01
question
Mathematics, 18.10.2020 09:01
question
English, 18.10.2020 09:01
question
Mathematics, 18.10.2020 09:01