Crane Company has a $185000 balance in Accounts Receivable and a $520 debit balance in Allowance for Doubtful Accounts at year end just prior to recording adjusting entries. Credit sales for the period totaled $1209600. How much is the amount of the bad debt adjusting entry if Crane estimates that 1.5% of its receivables will be uncollectible
Answers: 1
Business, 22.06.2019 12:30
Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes
Answers: 2
Business, 22.06.2019 20:50
Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=
Answers: 1
Business, 22.06.2019 21:50
scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.
Answers: 1
Crane Company has a $185000 balance in Accounts Receivable and a $520 debit balance in Allowance for...
Biology, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
English, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
History, 17.01.2020 09:31
History, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31
History, 17.01.2020 09:31
Mathematics, 17.01.2020 09:31