Aportion of the current assets section of the december 31, 2014, balance sheet for carr co. is presented here: accounts receivable $ 40,000 less: allowance for bad debts (6,300 ) $ 33,700 the company's accounting records revealed the following information for the year ended december 31, 2014: sales (all on account) $406,000 cash collections from customers 419,000 accounts written off 14,000 bad debts expense (accrued at 12/31/14) 12,000 required: using the information provided for 2014, calculate the net realizable value of accounts receivable at december 31, 2013, and prepare the appropriate balance sheet presentation for carr co., as of that point in time. (amounts to be deducted should be indicated with minus sign.)

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.

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?