Hancock Medical Supply Co., earned $160,000 of revenue on account during Year 1, its first year of operation. During Year 1, Hancock collected $128,000 of cash from its receivables accounts. The company did not write-off any uncollectible accounts. It estimates that it will be unable to collect 1% of revenue on account. What is the net realizable value of receivables that will be reported on the balance sheet at December 31, Year 1?
A. $30,720
B. $32,000
C. $30,000
D. $30,400
Answer: D
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Henry, an employee at Marine Corp., is known for his short temper. One morning, he gets into a heated argument with one of his supervisors and responds with hostility. Rather than immediately terminating Henry, his manager, Evelyn, calls him in for a discussion. Evelyn treats Henry with dignity and respect, listening to what he has to say about the incident. This scenario can be best categorized as one that uses
A. interactional justice. B. retributive justice. C. restorative justice. D. impassive justice. E. distributive justice.
You are upset that the company is implementing a new policy for swapping scheduled shifts. The new policy requires employees to send a 48-hour notice when swapping scheduled shifts and waiting for supervisor approval before an actual swap can occur. You feel that the current policy in which employees can swap shifts at any time without supervisor approval is sufficient and that a change is not necessary. You don’t see how the new policy can be implemented without becoming an inconvenience to both employees and supervisors, causing inefficiency in scheduling. What it at the core of your resistance to change?
a. uncertainty b. learning anxiety c. self-interest d. fear of loss
The two extremes of employment stability policy are "follow demand exactly" and "keep demand constant."
Indicate whether the statement is true or false
Points paid at closing represent
A) a fee paid to the lender. B) part of the loan principal. C) the property tax rate. D) the interest rate on the mortgage.