Business, 12.10.2021 03:30 dootdootkazoot
During the current year, Giatras Electronics recorded credit sales of $680,000. Based on prior experience, it estimates a 3.5 percent bad debt rate on credit sales.
Required:
Prepare journal entries for each of the following transactions.
a. On October 28 of the current year, an account receivable for $3,000 from a prior year was determined to be uncollectible and was written off.
b. At year-end, the appropriate bad debt expense adjustment was recorded for the current year.
Answers: 2
Business, 21.06.2019 23:20
Which feature transfers a slide show into a word-processing document?
Answers: 2
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
Business, 22.06.2019 11:50
Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.
Answers: 3
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 2
During the current year, Giatras Electronics recorded credit sales of $680,000. Based on prior exper...
History, 04.04.2020 18:17
Mathematics, 04.04.2020 18:17
Mathematics, 04.04.2020 18:17
English, 04.04.2020 18:17
Biology, 04.04.2020 18:17
Mathematics, 04.04.2020 18:17
Chemistry, 04.04.2020 18:17