Answer:
D. 2/11
Step-by-step explanation:
For all Plato users.
Answer:
hello your question is incomplete attached below is the missing table
answer = $48700
Step-by-step explanation:
Calculate the total account receivable in each age category
1) not yet due age category
= $4000 + $4000 + $7000
= $15000
2) up to 1 year age category
= $20500 + $7000
= $27500
3) more than 1 year age category
= $6200
therefore the total amount of account receivables = 15000 + 27500 + 6200 = $48700
The aging approach categorizes accounts receivable based on how long they've been due. The bad debt expense is estimated by multiplying the total receivables in each category by the corresponding nonpayment rate. Any excess of calculated bad debt over the existing allowance balance is recorded as bad debt expense for the year.
The aging approach to estimating bad debt involves assessing the likelihood of nonpayment of each debt based on how long it has remained due. In this scenario, Blue Skies Equipment Company has categorized its accounts receivables into three groups: not yet due, up to one year past due, and more than one year past due.
To estimate their bad debt expense, they multiply the total of receivables in each category by the corresponding nonpayment rate: 3%, 9%, and 28%. These calculated figures will give the expected uncollectible amount for each category. Then, they would sum up these amounts to determine the overall bad debt expense for the year.
It's important to note that at the end of the year, a comparison is made between the calculated bad debt expense and the existing balance in the Allowance for Doubtful Accounts. Any excess of calculated bad debt over the existing allowance balance is recognized as bad debt expense for the year.
#SPJ11
Answer: Required expression is given by
Step-by-step explanation:
Since we have given that
Number of miles per week Elia is training for her first marathon = 10 miles
According to question, we have given that she wants to increase her mileage by 2 miles every week.
so, Equation becomes
10,12,14,16..........
Let the number of weeks be x
Since it forms an Arithmetic sequence,
As we know the formula for nth term :
So, our required expression will be
Answer:
y=2x+8
Step-by-step explanation:
Given is the number of miles per week Elia is training = 10 miles
And she wants to increase her mileage by 2 miles every week. Means the next week she will run 12 miles, next week she will run 14 miles and so on.
The series goes like this 10,12,14 and so on. This forms an arithmetic sequence.
Let the number of weeks be represented by x
The formula for nth term :
a = d (n - 1) + c, where d is the common difference between consecutive terms, and c = a1.
So, equation becomes a=10+(x-1)2
y=10+2x-2
y=8+2x or y=2x+8
Hence, the formula is : y=2x+8
To solve the problem, create the equation 2(x + 2) = 3x - 6. Simplify the equation and solve for x to find the number.
To solve this problem, we can create an equation based on the given information. Let's call the number we're trying to find 'x'. The sum of the number and two can be written as (x + 2). Doubling this expression gives us 2(x + 2). 'Six less than three times the number' can be written as 3x - 6. So, we have the equation 2(x + 2) = 3x - 6. Solving this equation will give us the value of the number 'x'.
Expanding the equation, we get 2x + 4 = 3x - 6. Simplifying it further, we can subtract 2x from both sides to get 4 = x - 6. Adding 6 to both sides gives us 10 = x. Therefore, the number we're looking for is 10.
#SPJ2
Answer:
Down payment is $43,000
Step-by-step explanation:
If purchase price of anything = $215,000
Down payment = 20% of the price
20% of 215,000
= × 215,000
= 0.20 × 215,000
= $43,000
20% down payment on a purchase price of $215,000 is $43,000.