Monroe Company has $3,000,000 in credit sales during 2014. The beginning balance of
the allowance for doubtful accounts is $30,000 and the company writes off $7,000 in bad
debts during the year. a. Determine the estimated amount needed in the allowance for doubtful accounts using
the aging of accounts receivable method, given that $1,600,000 of receivables are
current (estimated that 0.5% are uncollectible), $349,000 are 1-60 days late (estimated
that 1.25% are uncollectible) and $52,000 are over 60 days late (estimated that 50% are
uncollectible).
b. Using the aging of accounts method and your calculation from part a., provide the
necessary journal entry to record bad debt expense and adjust the allowance for
uncollectible accounts to the necessary balance.

The net cash flows for Esfandairi Enterprises' expansion project are as follows: Year 0: -$2,710,000; Year 1: $1,257,840; Year 2: $1,257,840; Year 3: $1,573,740. The project's NPV, considering a required return of 9 percent, is $482,667.76.

To calculate the net cash flows, we need to consider the initial investment, annual sales, costs, tax rate, and net working capital. In Year 0, the net cash flow is equal to the initial fixed asset investment of $2.37 million plus the initial net working capital investment of $340,000, minus the tax savings from the depreciation of the fixed asset. The depreciation amount is determined using the MACRS schedule for a three-year class.

For Years 1 to 3, the net cash flows are calculated by subtracting the costs from the annual sales and then adjusting for the tax rate. The tax rate of 24 percent is applied to the taxable income, which is the difference between sales and costs.

To calculate the project's NPV, we discount the net cash flows using the required return of 9 percent. The NPV is the sum of the present values of the net cash flows over the three-year period, minus the initial fixed asset investment and the net working capital investment.

In this case, the NPV is positive, indicating that the project is expected to generate a return higher than the required return of 9 percent. The NPV of $482,667.76 represents the net present value of the project.

Learn more about net cash flows here:

https://brainly.com/question/20424898

#SPJ11

Answer:

conveyor belts

Explanation:

A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.

Answer:

B .

Explanation:

Here to confirm that the answer is B .

Answer: D

Explanation:

Answer:

A downside is that his budget may change or things like rent will increase

Explanation:

Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!

Answer:

B.) Nevan owes an additional $1,074 in federal tax.

Explanation:

To find your answer, first you need to find what 16% of 45,150 is. In this case, that's 7,224. At this point you know that Nevan is incorrect. To find out *how* incorrect, subtract 6,150 from 7,224. That gives you $1,074, which is how much more he owed than his estimate.

Answer:

d

Explanation:

got it right on test

When a company wishes to market its growth to potential stockholders, a horizontal analysis be the best choice.

The correct answer is option b.

When analysing financial statements, horizontal analysis is used to analyse historical data from various accounting periods, such as ratios or line items. When reviewing a company's financial statements over a number of periods, horizontal analysis is utilised.

The most common way to represent it is as a percentage increase over the identical line item in the base year. Users of financial statements can quickly see trends and growth patterns thanks to horizontal analysis.

A company's growth and financial situation in relation to competitors are displayed via horizontal analysis.

If certain historical eras of underperformance are chosen as a comparison, horizontal analysis can be used to make the current period appear better.

To know more about horizontal analysis, click here:

https://brainly.com/question/14234253

#SPJ4

Answer:

the letter C

Explanation:

pa brainliest nalang po kung tama

Your personal credit reflects income versus debt. Option D is an appropriate response.

The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.

Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.

That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.

Your personal credit reflects income versus debt.

Hence, Option D is an appropriate response.

To learn more about personal credit

https://brainly.com/question/16627336

#SPJ5

Horizontal channel conflict occurs most often when manufacturers practice selective distribution or exclusive distribution.

This is because selective and exclusive distribution often limit the number of resellers or retailers that are allowed to sell a product, leading to competition and conflict among those who are authorized to sell the product.

Horizontal channel conflict occurs when there is competition or conflict among firms at the same level of the channel of distribution. It occurs among firms that sell similar products and target the same market. For example, two authorized dealers of the same car brand in the same geographic area are engaged in horizontal channel conflict when they compete against each other, instead of working together to increase sales.
Manufacturers may practice selective distribution or exclusive distribution as part of their channel strategy, but these practices can sometimes lead to horizontal channel conflict. Selective distribution limits the number of retailers or resellers that are allowed to sell a product, while exclusive distribution allows only one retailer or reseller to sell the product in a given geographic area. When there is competition among the authorized retailers or resellers, horizontal channel conflict can arise.

To learn more about manufacturers
https://brainly.com/question/29758974
#SPJ11

Answer:An income statement is a financial statement that shows you the company's income and expenditures. It also shows whether a company is making profit or loss for a given period. The income statement, along with balance sheet and cash flow statement, helps you understand the financial health of your business.

Explanation:

Fixed  interest for the duration of the bond Yield = 6.66 % with face value $1000 and discount price $900.

Yield to Maturity (YTM) is the gross rate of return for an investor who buys a bond at the market price and holds it to maturity. , which is the discount rate at which the sum of all future cash flows (from coupons and principal repayments) equals the price of the bond.

Formula for calculating yield = ( interest paid / price paid)

Price paid = $900

Interest paid = face value x rate of interest

                                     = $1,000 x 6%

                                         = $60

              Yield  = ( $60 / $900)

                         = 6.66 %

Yield refers to how much income an investment will generate, apart from capital. Commonly used to refer to the interest payments that an investor receives on bonds and dividend payments on stocks. Returns are often expressed as a percentage based on the investment's market value or purchase price.

Learn more about Corporate bond yield :

brainly.com/question/27841771

#SPJ4

firstly it was totally the system's fault because they can't take risks with electricity in a local theme park as it is a must factor. even if the incident occurred they must have a good backup.

we have already discussed the facts, it was very unpleasant for the guests as they came for enjoying the moment but wasted their time due to system failure and it was very disheartening for all the people gathered there.

acknowledging guests' feelings seems to be very disheartening as they suffered because of the department's negligence and everything that happened was unexpected.

the department should be aware of every basic facility present at that moment and must have options for immediate action if something happens.

Answer:

Explanation:

Answer:

c

Explanation:

i believe c is the answer I'm not 100 % sure thi

Answer:

acdf

Explanation:

Answer:

C,D,E

Explanation:

right on Edge

As the Margene is the product manager at fashions ltd., a company that designs and manufactures clothes and fashion accessories. The managerial task performed by Margene is planning.

Resources refer to the materials available in the environment that are technologically accessible and help in the satisfaction of needs and wants.

Margene is the product manager at Fashions Ltd., a company that designs and manufactures clothes and fashion accessories. In deciding the allocation of resources for attaining her goals, the managerial task performed by Margene is planning.

Learn more about resources here:

https://brainly.com/question/15308001

#SPJ1

When the Mexican peso gets "stronger" relative to the dollar, it means that the exchange rate between the two currencies has decreased, and now fewer pesos are required to buy one dollar.

This can be beneficial for Mexico's imports as they will become cheaper, but it can also make Mexico's exports more expensive for other countries, potentially reducing demand. It can also have an impact on foreign investment in Mexico, as a stronger peso can make investments less attractive due to lower returns when exchanged back into the investor's home currency.

Overall, changes in exchange rates can have significant impacts on a country's economy and international trade, and governments and central banks often take actions to influence exchange rates in their favor.

You can learn more about exchange rate at

https://brainly.com/question/6675565

#SPJ11

Answer:

Life is hard because life needs to know if you're willing to fight. Willing to be strong when life is 'hard'. The second that you prove yourself with one challenge, another challenge show's up. Don't let life get you down. Be grateful for all you have. Live as if it's your last day. :>

Explanation:

Answer:

Because thats just how it is. There are the good times and the bad times. When life smacks you down, you need to get up and say "you hit like a b*tch". But it gets better. With age comes gratitude, perspective, and the ability to problem-solve for ourselves. With age we accrue more experiences, more self-awareness, and more successfully navigated pain and heartbreak. But life doesn't get better because you're older, you just get better at dealing with how life works. Life is painful, and we have got the answer to one of its parts. Now, it's time to understand another one:- Emotional Pain. The reason we feel emotional pain is because we don't accept the situation. We want something else out of our current situation. We suffer because of the idea that life was meant to be painless and things should go smoothly as it is. You don't expect life to be fair to you because you are a good person or you work so hard. Life has its own rules, it's complicated and not the same for everyone.

1. The expected value of the investment is $50,000.

2. The investment is risky because it has only a 0.1% chance of making a significant return.

Data and Calculations:

Investment's worth = $50,000

Expected value

Probability        Investment Worth       Expected Value

30%                      $40,000                     $12,000 ($40,000 x 30%)

50%                      $50,100                     $25,050 ($50,100 x 50%)

20%                      $65,000                    $13,000 ($65,000 x 20%)

Expected Value of the investment =  $50,050

Return on investment = $50 ($50,050 - $50,000)

Probability of return = 0.1% ($50/$50,000 x 100)

Learn more: https://brainly.com/question/25546968

The expected value of an investment is the cummulative sum of the investment worth and its corresponding probability. Hence, the expected value is $50,050 and it is risky.

The expected value of the investment can be calculated thus ;

Hence x we'll have ;

E(X) = [(40000 × 0.3) + (50100 × 0.5) + (65000 × 0.2)]

E(X) = 12000 + 25,050 + 13000

E(X) = 50,050

Probability of return :

\(\frac{return}{investment \: amount} \times 100\)%

\(\frac{50}{50000} \times 100\)% = 0.1%

Hence, the investment is risky as it has a very low probability of yielding a significant return.

Learn more : https://brainly.com/question/25700080

A price taker is a company that cannot influence the market price of the product it sells. Hence, the right answer is the price taker.

Who is referred to as the price taker?

A price-taker is an individual or business that must accept market pricing because it lacks the market share to influence market prices on its own. Because of market rivalry, the majority of producers are also price takers. A price taker is a company that offers items that are so commoditized that it must accept the market price for them. For example, suppose a farmer grows wheat, which is a commodity that can only be sold at the current market price.

To learn more about Price taker, click

https://brainly.com/question/28073614

#SPJ1

‘Support activities, according to the value chain, are the actions a firm takes to directly provide a product or service to customers. This is false.

What is value chain?

From a product's initial design to its delivery to a customer, there are a number of sequential stages that make up a value chain. The supply chain identifies every point of production, including the sourcing, manufacturing, and marketing phases, where value is added.

A business analyses its value chain by analysing the specific processes engaged in each stage of its operations. A value-chain analysis' goal is to boost manufacturing efficiency so that a business can provide the most value for the least amount of money. It's essential for companies to maintain customer confidence and security so they can keep them as loyal customers in addition to making sure production processes are seamless and effective. Value-chain studies can also be useful here.

Learn more about value chain-

https://brainly.com/question/13439824

#SPJ4

Answer:

A. Employee turnover

Explanation:

Internal factors refer to the things that are within the organization's control. They are issues or factors unique to a particular organization. Internal factor contrasts with external factors which refer to issues that affect the whole industry and therefore beyond the control of any single organization.

Employee turnover refers to the rate at which employees leave the company, either voluntary or involuntary. Each organization will have a unique employee turnover rate. Employee turnover is, to a large extent, within the organization's control.

Answer part time,self employed,entry level

Explanation:

Within a career cluster, a career pathway is a smaller collection of occupations that employ similar abilities. There are various job paths in each career cluster.

The options, part-time, self-employed, entry-level is the common characteristics.

For more information about job characteristics, refer below

https://brainly.com/question/13133991

Suppose stock market is integrated with rest of world, and Stansfield Corporation cross-lists its shares on NYSE, allowing its shares to be traded internationally. Using CAPM and a 5% risk-free rate, Stansfield's cost of equity would be 14%.

Divide the annual dividend per share by the current stock price and add the dividend growth rate to estimate the cost of capital. By comparison, the capital asset pricing model takes into account the beta of the investment, the expected market rate of return, and the Rf rate of return.

Using the Capital Asset Pricing Model (CAPM) to determine the cost of equity financing, applying Equity Cost = Risk-Free Return + Beta × (Market Return - Risk-Free Return), 1 + 1.1 × (10- 1 ) = 10.9%.

Investors and analysts measure the performance of bank holding companies by comparing their return on equity (ROE) and cost of equity (COE). Management creates value when ROE is higher than COE. If ROE is lower than COE, management is wasting value

To learn more about Equity visit:

https://brainly.com/question/28231581

#SPJ4

To take advantage of these deductions, Mr. Zan should consult with a tax professional or use tax software to properly report and claim the start-up expenses on his tax return.

For Mr. Zan, the calendar year taxpayer who opened a new car wash, the start-up expenditures incurred prior to the grand opening on October 8 may be eligible for special tax treatment under the Internal Revenue Code.

Start-up expenditures are costs incurred to create or investigate the possibility of creating an active trade or business. These costs can include expenses such as rent, utilities, employee salaries, supplies, advertising, and legal fees.

Under the tax code, start-up expenditures are generally not deductible as regular business expenses in the year they are incurred. Instead, they must be capitalized and amortized over a period of 180 months (15 years), starting from the month the business begins.

However, there is an exception that allows for the immediate deduction of a portion of start-up expenditures. In the year the business starts, Mr. Zan can elect to deduct up to $5,000 of the eligible start-up expenses. Any excess over $5,000 must be amortized over the 180-month period.

It's important to note that the immediate deduction of start-up expenses is subject to a phase-out threshold. If the total start-up expenses exceed $50,000, the $5,000 deduction limit is reduced dollar for dollar. Once the total start-up expenses reach $55,000 or more, the immediate deduction is completely phased out.

To take advantage of these deductions, Mr. Zan should consult with a tax professional or use tax software to properly report and claim the start-up expenses on his tax return.

Learn more about  start-up expenses from below link

https://brainly.com/question/25881160

#SPJ11

Answer:

#2Simple interest is interest paid only on the original investment whereas compound interest paid both on the original investment and on all interest that has been added to the original investment. Since compound interest is calculated based on a larger amount than simple interest, it results in a larger amount of money over time.

Answer: A mind map can be used by businesses to brainstorm thoughts and ideas organically.

Explanation:

By plotting ideas into a diagram, you can turn often complex, monotonous information into an organized, colorful, and memorable centralized format.

Answer:

The company can opt for futures contracts.

The company can go for matching of receipts.

Explanation:

There are various techniques for transferring foreign exchange risk. Many organizations go for hedging techniques to minimize the risk exposure with the fluctuation in the foreign currency. When a company is expecting payments in six months, it can go for futures contract or matching the payment with the equal amount receipts.

Apart from Amazon, the top online retail firms in terms of online sales are all primarily virtual merchants. Virtual merchants are defined as retailers who conduct their businesses solely online and have no physical storefronts.

These businesses are often referred to as e-commerce stores. In terms of the leading online retail firms, companies like eBay, Walmart, and Apple have all experienced substantial growth in recent years as more and more consumers turn to online shopping as their preferred method of purchasing goods.

These firms have leveraged the power of the internet and digital technology to create robust online shopping experiences that cater to the needs of a wide range of consumers. In addition to providing consumers with a wide selection of products, these firms also offer a range of value-added services such as fast and reliable shipping, flexible return policies, and personalized recommendations.

Overall, the rise of virtual merchants has transformed the retail industry, and these firms are likely to continue to dominate the market in the years to come.

To know more about e-commerce visit:

https://brainly.com/question/31073911

#SPJ11

Through the UAE Pass app and Emirates ID, the UAE keeps people's online security up to date. The UAE Pass app is the country's first digital identity system.

The National Cybersecurity Strategy of the United Arab Emirates seeks to build a secure and robust cyber infrastructure in the UAE that enables residents to realise their dreams and empowers companies to prosper. A trustworthy digital ecosystem is what the regulation aims to create across the UAE.

For companies to create, implement, maintain, and constantly improve information assurance, the IA Regulation offers management and technical information security measures. The UAE has moved up 42 spots in the ITU Global Cybersecurity Index under Dr. Al Kuwaiti's direction, climbing from 47th to 5th place internationally from its previous ranking of 47th.

Learn more about cyber security Visit: brainly.com/question/28004913

#SPJ4