Accounts receivable written-off as uncollectible during the year amounted to $12,600. The accounts receivable balance at the beginning of the year was $260,000. The accounts receivable balance at the end of the year was $320,000. The allowance for doubtful accounts balance at the beginning of the year was $15,100. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $14,000. Credit sales during the year totaled $955,000. How much cash was received from collections of accounts receivable?

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Young owners of a sole proprietorship will likely not find financial support available from?