Blain company has $10,000 of accounts receivable that are current, $3,000 that are between 30 and 60 days past due, and $800 that are more than 60 days past due. blain estimates that 2% of the receivables that are current will be uncollectible, 10% of those between 1 and 60 days past due will be uncollectible, and 50% of those more than 60 days past due will be uncollectible. just prior to recognizing uncollectible accounts expense, blain’s allowance for doubtful accounts account has a $100 positive (credit) balance. assuming blain uses the aging method to estimate uncollectible accounts expense, the amount of uncollectible expense will be
Answers: 3
Business, 22.06.2019 05:30
U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.† (a) find an expression f(t) giving the advertising revenue in year t.
Answers: 1
Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
Business, 22.06.2019 19:00
In north korea, a farmer’s income is the same as a dentist’s income. in a country with a mixed or market economy, the difference between those two professions might be more than 5 times different. how can you explain the fact that individuals doing the same work in different countries do not earn comparable salaries?
Answers: 1
Business, 23.06.2019 02:30
When the price of pencils increases from $1.50 to $2.50, there is an increase in quantity demanded of pens from 100 to 150. the cross-price elasticity of demand between pencils and pens is: ?
Answers: 3
Blain company has $10,000 of accounts receivable that are current, $3,000 that are between 30 and 60...
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