On december 31, 2016, the end of larry's used cars' first year of operations, the accounts receivable was $53,600. the company estimates that $1,200 of the year-end receivables will not be collected. accounts receivable in the 2016 balance sheet will be valued at: select one:
a. $1,200.
b. $52,400.
c. $53,600.
d. $54,800.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On december 31, 2016, the end of larry's used cars' first year of operations, the accounts receivable was $53,600. the company estimates ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How long should an electronic cover letter be?
Answers (1)
Which type of business produces processed goods by changing raw goods into a more finished form? Producers Processors Intermediaries Service firms
Answers (1)
When you take your mind off the driving, you are: increasing your risk. reducing your risk. not changing your level of risk. driving safely?
Answers (1)
During an interview you should be modest about your skills and abilities. a. True b. False
Answers (1)
Many jobs in the Law, Public Safety, and Security careers require training that does not aid in earning a degree. Which best describes jobs that require licensure, on-the-job training, and certification? A.
Answers (2)
New Questions in Business
The Keaton, Lewis, and Meador partnership had the following balance sheet just before entering liquidation: Cash $ 100,000 Liabilities $ 40,000 Noncash assets 210,000 Keaton, Capital 90,000 Lewis, Capital 60,000 Meador, Capital 120,000 Total $
Answers (1)
In the context of management functions, which of the following is true of planning? a) It involves hiring and leading workers. b) It is the last function of management. c) It is one of the best ways to improve performance.
Answers (1)
The market equilibrium A. occurs only when consumer surplus exceeds producer surplus. B. minimizes the profit of the market because it guarantees that all mutually beneficial transactions will happen. C.
Answers (1)
Study the financial information for reel mower units that James Colburn prepared for Rick Martino. Prepare a pro-forma income statement (labeled Table 1) assuming no changes in accounting policy for 2008 and assuming that the company sells 10,000
Answers (1)
Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following dа ta: The yield on the company's outstanding bonds is 7.75%, its tax rate is 40%, the next expected dividend is $0.
Answers (1)