An analysis and aging of the accounts receivable of Mahi Company at December 31 revealed the following data: Accounts Receivable ................................. $450,000 Allowance for Doubtful Accounts (before adjustment).. 25,000 (cr) Accounts estimated to be uncollectible .............. 32,000 The net realizable value of the accounts receivable at December 31 should be
a. $450,000.
b. $443,000.
c. $425,000.
d. $418,000.
D
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Blast sells portable CD players and each player carries a one-year replacement warranty. 10 percent of the units sold typically need to be replaced over the warranty period. Blast's cost to replace a CD player is $25 per unit. During May, Blast sold 650 units for $50 each. For what amount would Blast debit Product Warrant Expense in May?
a. $3,250 b. $1,625 c. $650 d. $1,300
What factor that influences our internal and external attributions listed below looks at how everyone else responds in the same situation?
A. dispute B. distinctiveness C. consistency D. consensus
What are the two purposes of the laws governing American business? Describe how at least two regulatory agencies fulfill these purposes
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. While there is no universally accepted list of leadership traits, some contemporary leadership theories include traits. 2. Not all successful leaders are spiritual. 3. The trend is for companies to develop ethical cultures. 4. Four-dimensional leadership styles are four possible leadership styles that are based on the dimensions of job structure, leader power, employee maturity, and employee consideration.