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Lubov Fominskaja
2 months ago
9

Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its rece

nt financial statements, Microsoft reported the following information about net sales revenue and accounts receivable (amounts in millions). Current Year Prior Year Accounts receivable, net of allowances of $405 and $426 $ 19,792 $ 18,277 Net sales revenue 89,950 85,320 According to its Form 10-K, Microsoft recorded bad debt expense of $85 and there were no bad debt recoveries during the current year. (Hint: Refer to the summary of the effects of accounting for bad debts on the Accounts Receivable (Gross) and the Allowance for Doubtful Accounts T-accounts. Use the T-accounts to solve for the missing values.) Required: What amount of bad debts was written off during the current year
Business
1 answer:
arsen [3.4K]2 months ago
3 0

Respuesta:

     Provisión  

Débito        Crédito

                       $426,000

                 $ 85,000

$106,000

                 $405,000

Pérdida por deudas

Débito   -    Crédito

$85,000  

Explicación:

Al usar cuentas T, se puede observar que la cifra faltante en las provisiones netas es de $106,000, que corresponde a las cuentas de cancelación de deudas del año.

La provisión comenzó el año con $426,000 y se le suma 85 por gastos morosos, finalizando el año con un saldo de $405,000, por lo que en el medio se encuentra el monto de $106,000, como un valor de débito, lo que indica que la empresa eliminó esa cantidad como créditos incobrables.

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Jorge is a Senior Project Manager at the Toyota Motor Corporation. The Toyota Camry is mid-size automobile manufactured by the a
soldi70 [3635]

Answer:

The organization structure indicated is the matrix organizational structure.

Explanation:

In a Matrix organizational structure, the hierarchy operates like a matrix, which requires employees to report to different managers. This arrangement is frequently adopted in large project management endeavors due to its flexibility, fostering innovation, and focusing on project and product management.

Thus, Jorge experiences significant challenges because of communication issues among various project managers. To mitigate these problems, information should be conveyed clearly and accurately by the leaders, and all conflict points should be shared knowledge, allowing for proper identification and seeking effective solutions. Conducting hypothesis studies from each management's viewpoint would be a beneficial approach to enhance project efficiency

5 0
1 month ago
Fayette Medical Clinic has budgeted the following cash flows:
soldi70 [3635]

Answer:

Cash budget

Particulars                  January      February          March

Beginning Balance  $ 16,000  $ 11,200  $ 10,000

Cash Receipts         $ 240,000  $ 232,000  $ 272,000

Cash for disbursements(y) $ 256,000  $ 243,200  $ 282,000

Less: Cash payments    

Inventories                     $ 220,000  $ 164,000  $ 190,000

S & A expenses             $ 62,000      $ 64,000  $ 54,000

Interest on line of credit   $ 800           $ 800          $ 800

Total disbursements (z)   $ 282,800  $ 228,800  $ 244,800

Excess/Deficiency x=y-z  $ (26,800)  $ 14,400  $ 37,200

Min. cash required            $ 10,000  $ 10,000  $ 10,000

Total cash needed    $ 36,800  $ (4,400)  $ (27,200)

Financing                    $ 38,000  $ -                    $ -

Interest at 1% per month                $ 380           $ 340

Balance cash before repayment  $ 14,020  $ 36,860

Repayment                           $ 4,020  $ 26,860

Ending Balance  $ 11,200  $ 10,000  $ 10,000

4 0
2 months ago
Read 2 more answers
Candy purchases a new guitar costing $5,500. She put down 15% and finance the rest for 3 years through the store. The store will
harina [3808]

Answer:

c. $455.75

Explanation:

The calculations for the quarterly payments are as follows:

= Remaining balance ÷ PVIFA factor for 2.5% over 12 years

Here,

Remaining balance is

= $5,500 - $5,500 × 15%

= $5,500 - $825

= $4,675

And the PVIFA factor for 2.5% across 12 years is 10.2578.

Refer to the PVIFA table.

<pthus the="" quarterly="" payment="" amounts="" to="">

= $4,675 ÷ 10.2578

= $455.75

Considering quarterly payments, the rate is divided by four and the time frame becomes four times as long.

</pthus>
5 0
2 months ago
Suppose that demand for a product is Q = 1200 − 4P and supply is Q = −240 + 2P. Furthermore, suppose that the marginal external
Free_Kalibri [3773]
16 units exceed the social optimum. DWL = deadweight loss = (1/2)*(Q* - Q°) 12 = 96 Explanation: Given the demand Q=1200 - 4P and supply Q=-240 + 2P, we know in a free market, quantity demanded equals quantity supplied: 1200 - 4P = -240 + 2P. This results in P = 240 and Q* = 240. The socially optimal quantity occurs when marginal social benefit (MSC) equals marginal social cost (MSC), including marginal external costs (MEC). With MPC= marginal private cost as the inverse of the supply function: MPC = (1/2)*Q + 120, and MEC=12, our equation for MSC becomes MSC=[(1/2)Q + 120 + 12]. Also, MPB equals 300 - (1/4)Q. Setting (1/2)Q + 132 = 300 - (1/4)Q yields Q° = 224. The difference between Q* and Q° is 16 units more than the social optimum. Therefore, deadweight loss computes to 96.
4 0
1 month ago
Swazzi has released a new line of sweater vests, but they are selling poorly. Store managers say they need same-day information
Scilla [3833]

Answer:

Because store managers indicate they require immediate access to the company's advertising strategies, it is appropriate for them to contact me via email for this information.

Explanation:

The situation faced by Swazzi is challenging as their new line of sweater vests is not performing as well as expected based on sales projections.

Store managers, engaging directly with consumers at their locations, will surely seek avenues to boost sales, which explains their need for timely advertising information from the company.

Addressing this shortfall necessitates swift responses to the inquiries from both the company and the store managers, highlighting the importance of an efficient communication method.

For smooth correspondence between the company and the store managers, it is advisable for store managers to send their requests via email and receive replies in the same manner.

6 0
2 months ago
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