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brittneys55
27.11.2019 •
Business
The accounts receivable balance is $1,000,000. after adjustment, the allowance for uncollectible account balance is $40,000. net sales were $12,000,000. what is the net realizable value (book value) of the receivables?
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Ответ:
$960,000
Explanation:
The computation of the net realizable value (book value) of the receivable is shown below:
= Balance of accounts receivable - the balance of allowance for uncollectible account
= $1,000,000 - $40,000
= $960,000
Simply we deduct the balance of allowance for an uncollectible account from the Balance of accounts receivable so that the correct amount can come.
All other information which is given is not relevant. Hence, ignored it
Ответ:
Bonds are the best option for Marlon.
Explanation:
As we know that Bonds are less riskier because the interest is paid first to bonds holders, then if profit is left the tax is paid to tax authorities. Now again the profit paid is to preference shareholders and still their profit left then the company pays dividends to shareholders and retain the profit left. This means that bonds are best options here and the coupon rate is always available which satisfies the needs of Marlon.