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Natasha2012
2 days ago
7

Wilson Corporation uses an income statement approach to estimate credit losses. Its gross Accounts Receivable of $5,000,000 at t

he beginning of the period had a net realizable value of $4,925,000. During the period, the company wrote off actual accounts receivable of $100,000 and collected $7,835,000 from credit customers. Credit sales for the year amounted to $9,000,000. Of its credit sales, 1 percent was estimated to eventually be uncollectible. Determine the net realizable value of the company’s accounts receivable at the end of the period
Business
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A growing number of utility companies are using drones for site inspections. What is the effect of these changes on the equilibr
stepan [3596]

Respuesta:

A continuación, se presenta la solución a esta pregunta:

Descripción:

El aumento en el uso de drones por parte de los proveedores impulsará su mercado. Un exceso de oferta moverá la curva de moda hacia la derecha si la demanda permanece constante. Esto permitirá que los drones aumenten su valor de equilibrio y también mejoren su rendimiento.

3 0
3 months ago
Why do you think a reliable scholarly source is always stressed in academic writing?<br><br>​
harina [3808]
The importance of a reliable scholarly source in academic writing is emphasized, as it provides trustworthy information regarding the subject matter presented. It is crucial for writers to utilize credible sources, as the audience anticipates that their claims will be substantiated by factual evidence. Moreover, incorporating reliable scholarly sources enhances communication and fosters trust. Ultimately, it is essential for researchers or individuals to exclusively rely on credible sources in their writing.
7 0
1 month ago
he Steel Mill is currently operating at 84 percent of capacity. Annual sales are $28,400 and net income is $2,250. The firm has
harina [3808]

Answer:

-911.51 the debt decreases with a 12% sales increase

Explanation:

sales: 28,400

12% increase

new sales: 31,808

profit margin:

2,250/28,400 = 0.0792 = 7.92%

income: 31,808 x 7.92% = 2,519.19

retained earnings growth: (1-payout ratio) = 0.6

2,519.19 x 60% =  1,511.514‬

Working capital increase: 5,000 x 12% = 600

Asset requirement - retained earnings growth = financial needs

600 - 1,511.51 = -911.51

8 0
2 months ago
If a company invests in production improvement option D that will boost labor productivity by 50%, while its annual depreciation
arsen [3447]

Answer:

Option (E) is the correct answer.

Explanation:

Labor productivity will increase by 50%.

Currently, productivity is at 5000 pairs per worker; with the productivity boost, it will rise to:

= 5,000 × (1 + 50%)

= 7,500.

Total annual pay stands at $40,000.

Cost per unit with higher productivity:

= Total pay ÷ New productivity level

= 40,000 ÷ 7,500

=

$5.33.

Thus, labor costs per unit produced will decrease from $8.00 to $5.33 for a facility in North America.

8 0
2 months ago
On January 2, 2015, Moser, Inc., purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at
Mariulka [3825]
To record the depreciation expense for 2019, the journal entry includes: Debit Depreciation expense for $6,400 and Credit Accumulated depreciation for $6,400. The calculated accumulated expense for the period is established at $33,600. Depreciation represents the systematic allocation of an asset's cost, derived by the formula: Depreciation = (Cost - salvage value)/estimated life. The determined depreciation of $15,000 accumulated over a four-year duration equates to $60,000, leaving us with a net book value of $40,000. With an extended life of 5 years for the asset, the revised depreciation equates to new depreciation expenses of $6,400 to finalize the book value at the end of 2019 at $33,600.
4 0
1 month ago
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