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Business, 22.11.2019 05:31 tanya44737
Ivanhoe, inc. had net sales in 2020 of $1,410,300. at december 31, 2020, before adjusting entries, the balances in selected accounts were accounts receivable $348,200 debit, and allowance for doubtful accounts $2,940 credit. if ivanhoe estimates that 10% of its receivables will prove to be uncollectible. prepare the december 31, 2020, journal entry to record bad debt expense
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Business, 22.06.2019 19:40, mahoganyking16
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
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Business, 23.06.2019 02:00, kyralynn123
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Ivanhoe, inc. had net sales in 2020 of $1,410,300. at december 31, 2020, before adjusting entries, t...
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