Sam Mitchell is an attorney in Los Angeles. Mitchell uses the direct write-off method to account for uncollectible receivables At January 31, 2016, Mitchell's accounts receivable totaled $13,000. During February, he earned revenue of $15,000 on account and collected $17,000 on account. He also wrote off uncollectible receivables of $1,350 on February 29, 2016 Requirements 1. Use the direct write-off method to joumalize Mitchell's write-off of the uncollectible receivables 2 What is Mitchell's balance of Accounts Receivable at February 29, 2016?

List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.

Anew firm is developing its business plan. it will require $615,000 of assets, and it projects $450,000 of sales and $355,000 of operating costs for the first year. management is reasonably sure of these numbers because of contracts with its customers and suppliers. it can borrow at a rate of 7.5%, but the bank requires it to have a tie of at least 4.0, and if the tie falls below this level the bank will call in the loan and the firm will go bankrupt. what is the maximum debt ratio the firm can use? (hint: find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.)a. 41.94%b. 44.15%c. 46.47%d. 48.92%e. 51.49%