Business, 16.10.2019 01:30 jennifer2129
Arecent annual report for cvs contained the following information (dollars in thousands) at the end of its fiscal year: year 2 year 1 accounts receivable $ 13,488,000 $ 12,450,000 allowance for doubtful accounts (307,000 ) (286,000 ) $ 13,181,000 $ 12,164,000 a footnote to the financial statements disclosed that uncollectible accounts amounting to $156,000 and $96,000 were written off as bad debts during year 2 and year 1, respectively. assume that the tax rate for cvs was 21 percent. required: 1. determine the bad debt expense for year 2 based on the preceding facts. (hint: use the allowance for doubtful accounts t-account to solve for the missing value.) (enter your answers in thousands not in dollars.) 2. working capital is defined as current assets minus current liabilities. would the working capital be affected by the write-off of an uncollectible account
Answers: 1
Business, 22.06.2019 11:10, jordanbyrd33
Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.
Answers: 2
Business, 22.06.2019 12:50, trintrin227
Afirm’s production function is represented by q(m, r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
Business, 22.06.2019 18:10, maddihamidou
Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
Answers: 1
Business, 22.06.2019 19:10, saabrrinnaaa
Do it! review 16-3 the assembly department for right pens has the following production data for the current month. beginning work in process units transferred out ending work in process 0 22,500 16,000 materials are entered at the beginning of the process. the ending work in process units are 70% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs. materials conversion costs the equivalent units of production
Answers: 2
Arecent annual report for cvs contained the following information (dollars in thousands) at the end...
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