A note disclosed that the allowance for uncollectible accounts had a balance of $42.4 million and $39.7

3 answers
Question:

A note disclosed that the allowance for uncollectible accounts had a balance of $42.4 million and $39.7 million at the end of 2015 and 2014, respectively. Bad debt expense for 2015 was $30.0 million. Required:Determine the amount of cash collected from customers during 2015. (All sales are on credit. Enter your answer in millions rounded to 1 decimal place (i. e., 5,500,000 should be entered as 5.5).)

Answers

Allowance for uncollectible accounts:($ in millions)

Balance, beginning of year            $39.7

Add: Bad debt expense                $30.0

Less: End of year balance              ($42.4)

Write ­offs during the year              $27.3

Accounts receivable analysis:

Balance, beginning of year ($2,076.6 + $39.7)$2,116.3

Add: Credit sales                                            $19,281.6

Less: Write­offs                                                ($27.3)

Less: Balance end of year ($2,949.4 + $42.4)($2,991.8)

Cash collections                                            $18,378.8

Ithink that it’s b but not for sure

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

Similar Solved Works

4 answers

The 4 characteristics of organisms in Phylum Chordata: • • Dorsal, hollow • Pharyngeal • that

The 4 characteristics of organisms in Phylum Chordata: • • Dorsal, hollow • Pharyngeal • that extends beyond the anus...
10 answers

Peter and paul have discussions that typically sound like this: 'where do you want to go for dinner? ' 'i don't know, where

Peter and paul have discussions that typically sound like this: "where do you want to go for dinner? " "i don't know, where would you like to go? " "i don't care, you decide." "anything you like is fine with me." based on this example, which power dynamic best describes their relationship?...
10 answers

How does the use of this word impact the remainder of the text? it foreshadows the revelation that the

How does the use of this word impact the remainder of the text? it foreshadows the revelation that the gorgons could turn people to stone. it builds tension toward an unexpected event later in the text. it provides a contrast for the description of the furies later in the text. - it sets a tone of ...
4 answers

What is the difference between the grasshoppers in North America today and the Rocky Mountain locusts

What is the difference between the grasshoppers in North America today and the Rocky Mountain locusts of the 1800’s...
4 answers

Can someone help me out

Can someone help me out [tex]Can someone help me out[/tex]...
4 answers

Pls help ill give brainliest

Pls help ill give brainliest [tex]Pls help ill give brainliest[/tex]...
4 answers

The equation for the position of an object at time t is represented by the equation f(t)=4t^2-2t. which equation represents

The equation for the position of an object at time t is represented by the equation f(t)=4t^2-2t. which equation represents the instantaneous velocity at any given time, t?...
4 answers

N Patrick Henry's Speech to the Virginia Convention he attempts to persuade government officials that they must go to war with

N Patrick Henry's Speech to the Virginia Convention he attempts to persuade government officials that they must go to war with Great Britain. In the excerpt above how does Henry use of rhetorical questions help him convey his message?...
4 answers

Read these lines from the poem 'in thai binh (peace) province' by denise levertov: it is that life,

Read these lines from the poem "in thai binh (peace) province" by denise levertov: it is that life, unhurried, sure, persistent, i must bring home when i try to bring the war home. child, river, light. here the future, fabled bird that has migrated away from america, nests, and breeds, and sings,...
10 answers

How did the system of sharecropping affect landowners and laborers in the south

How did the system of sharecropping affect landowners and laborers in the south...
4 answers

What can go into 123 and 1000 evenly

What can go into 123 and 1000 evenly...
10 answers

 karen purchased a dvd player on sale. the original selling price was ​$154.30. the sale price was ​$119.77. what

 karen purchased a dvd player on sale. the original selling price was ​$154.30. the sale price was ​$119.77. what is the first step in finding the percent​ markdown? find the percent markdown....
4 answers

PLS HELP ME WITH THIS PLS HELP WOTH THIS ONE I TRUST YOU GUYS!! <\3 [tex]PLS HELP ME WITH THIS PLS HELP WOTH THIS ONE I TRUST YOU GU[/tex]...
5 answers

Why did some americans form political clubs, known as the democratic societies? to suppress dissent among americans to divide

Why did some americans form political clubs, known as the democratic societies? to suppress dissent among americans to divide the country to further federalist causes to oppose the federalists...
3 answers

Each cube represents a cell. Which cell would probably have the easier time moving materials into and out of itself quickly enough to survive?

Each cube represents a cell. Which cell would probably have the easier time moving materials into and out of itself quickly enough to survive?...
4 answers

Expand and simplify the followinga) b)Please complete this before 5pm today, and I will mark as brainliest answer. Thanks​

Expand and simplify the following a) b)Please complete this before 5pm today, and I will mark as brainliest answer. Thanks​ [tex]\sqrt{3} ( \sqrt{3} - 1)[/tex][tex]\sqrt{5} ( \sqrt{10} + \sqrt{2} )[/tex]...
3 answers

What’s 22,000 - 407% of 60?

What’s 22,000 - 407% of 60?...
4 answers

Suppose that you know that a golfer plays the first hole of a golf course with an infinite number of holes and that if this golfer

suppose that you know that a golfer plays the first hole of a golf course with an infinite number of holes and that if this golfer plays one hole, then the golfer goes on to play the next hole. Prove that this golfer plays every hole on the course....
3 answers

If the flea starts at 1 and jumps 4 units to the right, where does it end up?

If the flea starts at 1 and jumps 4 units to the right, where does it end up?...
4 answers

Thankss + BRAINLIST only for correct answersWhose opinion or point of view is represented in this cartoon?Whose opinion was left out

Thankss + BRAINLIST only for correct answers Whose opinion or point of view is represented in this cartoon?Whose opinion was left out of this cartoon?​ [tex]Thankss + BRAINLIST only for correct answers Whose opinion or point of view is represented in thi[/tex]...

-- 0.012787--