Last year the Tilden Co hadrn credit sales in the amount of $470,000, and it had uncollectible

Fantastic news! We've Found the answer you've been seeking!

Question:

Last year the Tilden Co hadrn credit sales in the amount of $470,000, and it had uncollectible account of $4,700. Based on last year, what would the percent of estimated uncollectible rn be this year?

a). 10%

b). 4%

c). 1%

d). 4.7% rn

Related Book For answer-question

Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

See More Books

Posted Date: Jan 03, 2021 02:49 AM

See More Questions

Based on Chvorinov's rule, what would be an ideal shape for a casting riser? A desirable shape from a practical perspective?
Based on Problem 4-31, what would be your monthly payments if your mortgage amortization period was 20 years? 15 years? Data from problem 4-31: You have decided to become a homeowner with the...
Based on Exhibit 77, what would be the monthly mortgage payments for each of the following situations? a. A $160,000,15-year loan at 6.5 percent. b. A $215,000, 30-year loan at 5 percent. c. A...
The e-commerce business in China has entered a golden period, with transaction volume of online trading reaching 21.86 billion yuan (US$2.64 billion) in 2004. With 94 million Internet users, more...
Consult Paragraph 2 of PCAOB Auditing Standard No. 5. Do you believe that Waste Management had established an effective system of internal control over financial reporting related to the depreciation...
A class obtained the following scores on a test: Find the mean, the median, the mode, and the range for the class. Test Score 90 80 70 60 50 40 Frequency 1 6 10 4 3 1
Stock splits a. Decrease par value per share b. Increase the number of shares of stock issued c. Both a and b d. None of the above
Bigelow Corporation has total assets of $850,000, sales of $1,350,000, and one class of common stock with 375 shareholders, and a class of preferred stock with 250 shareholders, both of which are...
Differentiate the functions MTH 31 (f) f(x) = (2-x+x)(x5+7x-10) 3 2 (g) f(1) = ( - ) (y0 - 5y) 23-4 f(x)=2-5x+7 f(y) = cy +4 y+y ()A- ** ). 5+6t (h) f(t) = 7 3t t f(t) = = + AP (24) Find an equation...
Jake Nguyen runs a nervous hand through his once finely combed hair. He loosens his once perfectly knotted silk tie. And he rubs his sweaty hands across his once immaculately pressed trousers. Today...
Given the following class definition write a compare to function which will sort the objects in Alphabetical order by last name. class Student { int id; String firstName; String lastName; }
Evaluate 2 [x x sin(2x)dx.
Acme, Inc. ( a domestic corporation ) generates income from the following sources: U . S . Net Income: $ 7 0 0 , 0 0 0 Foreign Net Income from direct sales in foreign markets: $ 3 0 0 , 0 0 0 And,...
ASSUMPTIONS: Lexus IS-250-2 years Purchase Price = $34,000 Down payment = $6,800* - 2-year loan for $27,500 at 8% monthly payment of $1,230.18 5% opportunity cost of down payment a. Agreed-upon...
How can staff ensure that the support plan reflects Michael's respect, dignity, rights, personal choices, preferences and goals?
Compute the standard deviation of the following stocks and the PSEi. For xi and x, for (xi-x)2, and for . AC Year 30/1/2014 28/2/2014 31/3/2014 30/4/2014 30/5/2014 30/6/2014 31/7/2014 29/8/2014...
Provide an example in the world of a misused product. What were some of the factors that led to the shift in purpose or usage of the product? How did the company handle the consumer reaction?
If your school has a subscription to the FASB Codification, go to aaahq.org/ ascLogin.cfm to log in and prepare responses to the following. (a) What is the stock dividend? (b) What is a stock split?...
Why are most large businesses organized as corporations?
For each of the following errors, considered individually, indicate whether the error would cause the adjusted trial balance totals to be unequal. If the error would cause the adjusted trial balance...
Dollar-Mart Inc. is a general merchandise retail company that began operations on January 1, 2010. The following transactions relate to debt investments acquired by Dollar-Mart Inc., which has a...
You are performing the audit of Galway Ltd for the financial year ended 30 June 20X0. Under the terms of a major loan contract, Galway Ltd is required to maintain certain financial ratios. If the...
What purpose does a management letter serve?
What is the auditors responsibility for after-balance-date events? How does the auditor discharge this responsibility?

Last year the Tilden Co hadrn credit sales in the amount of $470,000, and it had uncollectible

Question:

Expert Answer:

credit sales470000 ... View the full answer

Accounting

Students also viewed these general management questions