An electric utility is considering a new power plant in northern Arizona. Power from the plant would be sold in the Phoenix area, where it is badly needed. Because the firm has received a permit, the plant would be legal; but it would cause some air pollution. The company could spend an additional $40 million at Year 0 to mitigate the environmental Problem, but it would not be required to do so. The plant without mitigation would cost $209.71 million, and the expected cash inflows would be $70 million per year for 5 years. If the firm does invest in mitigation, the annual inflows would be $75.84 million. Unemployment in the area where the plant would be built is high, and the plant would provide about 350 good jobs. The risk adjusted WACC is 17%.a) Calculate the NPV and IRR with and without mitigation.
b) How should the environment effects be dealt with when evaluating this project?
c) Should this project be undertaken? If so, should the firm do the mitigation?

Answers

Answer 1

Answer:

Without Mitigation:

Net Present Value $14,244,2‬00

IRR 19.92%

With mitigation

Net Present Value: $ -7,071,600

IRR = 15.76%

The project should be started without hte mitigation effort as would decrease the return below the cost of capital of the company.

Explanation:

Present value without mitigation

\(C \times \frac{1-(1+r)^{-time} }{rate} = PV\\\)

C 70.00

time 5

rate 0.17

\(70 \times \frac{1-(1+0.17)^{-5} }{0.17} = PV\\\)

PV $223.9542

Less

cost  $209.71

Net Present Value 14,2442‬

IRR (using excel)

we input the -209.71 in one cell

then, we enter the 70 millon five times below the cost

and use the IRR formula to get the answer:

0.1992 = 19.92%

With mitigation:

\(C \times \frac{1-(1+r)^{-time} }{rate} = PV\\\)

C 75.84

time 5

rate 0.17

\(75.84 \times \frac{1-(1+0.17)^{-5} }{0.17} = PV\\\)

PV $242.6384

Less

249.71 cost

Net present value -7,0716

IRR:

        A

1   -249.71

2   +75.84

3    +75.84

4    +75.84

5    +75.84

6    +75.84

=IRR(A1:A6)

= 0.1576


Related Questions

I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high school, but I have won awards in the past like in middle school and elementary school. Can I include some of them on to my resume? Please help!!


Awards that I have won are mvp (middle school) leadership (elementary)

Answers

To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.

How to create a good resume?

Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:

Keep your CV objective and conciseReview your personal dataHighlight your personal achievementsBe honest about the information providedInclude your volunteer work

Therefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.

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If you were Marshall’s manager how might you increase Marshall’s awareness of the negative impact he is having on his team?

Answers

As Marshall's manager, I would increase his awareness of the negative impact he is having on his team by providing specific and constructive feedback on his behavior and its consequences. This would involve having open and honest conversations with Marshall, highlighting examples of how his actions are affecting team morale, productivity, and collaboration.

In order to effectively address Marshall's negative impact on his team, it is important to approach the situation with clarity and professionalism. By providing specific examples of incidents where Marshall's behavior has caused harm, I can help him understand the direct consequences of his actions. This feedback should be delivered in a constructive manner, focusing on the behaviors rather than attacking his character.

By emphasizing the impact on team dynamics, performance, and overall work environment, Marshall can begin to see the need for change. Additionally, it would be beneficial to discuss alternative approaches and provide guidance on how he can improve his interactions with the team. Ongoing feedback and support from me as his manager can help Marshall recognize the negative impact he is having and encourage him to take steps towards positive change.

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Kate was turned down for a job because of a bad credit report. The creditor is required to give her the name of the credit bureau that supplied the report, according to
the:
Fair Credit Reporting Act.
Fair Credit Billing Act.
Truth in Lending Law.
Equal Credit Opportunity Act

Answers

The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.

The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.

Raphael lives in Detroit and runs a business that sells boats. In an average year, he receives $793,000 from selling boats. Of this sales revenue, he must pay the manufacturer a wholesale cost of $430,000; he also pays wages and utility bills totaling $301,000. He owns his showroom; if he chooses to rent it out, he will receive $15,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Raphael does not operate this boat business, he can work as a financial advisor, receive an annual salary of $50,000 with no additional monetary costs, and rent out his showroom at the $15,000 per year rate. No other costs are incurred in running this boat business.

Identify each of Manuel's costs in the following tab/e as either an implicit cost or an explicit cost of selling pianos.

a. The salary Manuel could earn if he worked as a financial advisor
b. The rental income Manuel could receive if he chose to rent out his showroom
c. The wholesale cost for the pianos that Manuel pays the manufacturer
d. The wages and utility bills that Manuel pays

Answers

Answer:

Implicit cost

The salary Manuel could earn if he worked as a financial advisor

b. The rental income Manuel could receive if he chose to rent out his showroom

explicit cost

c. The wholesale cost for the pianos that Manuel pays the manufacturer

d. The wages and utility bills that Manuel pays

Explanation:

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials.  

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Only explicit cost is considered when calculating accounting profit while both explicit and implicit costs are considered in calculating economic profit.

Accounting profit= total revenue - explicit cost

Economic profit = accounting profit - implicit cost

If Manuel did not sell pianos, he would be working as a financial advisor, this is his next best option. Thus the salary he would have earned as a financial advisor is his explicit cost

If he did not use the showroom, he could have rented it out. Renting it out is his next best option. Thus the income from renting the showroom is his explicit cost

The wholesale cost of the pianos, wages and utility bills are monies actually expended in the course of running the business. Thus they are explicit costs

Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.

The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.

Select one:

a.
internal


b.
external


c.
responsive


d.
innovative

Answers

The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.

Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.

Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.

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Can you help me with this economics question.​

Can you help me with this economics question.

Answers

The most profit will be made at point D
Therefore option A

Which of the following decreases when credited?
Revenue
Inventory
Wages payable
Loans payable

Answers

Revenue decreases with Dr.
Inventory decreases with Cr.
Wages Payable decreases with Dr
Loans Payable decreases with Dr

So only inventory decreases with Cr

Asset has a normal balance of a Dr
Liabilities have a normal balance of a Cr
Revenue has a normal balance of a Cr

How does low unemployment affect international trade?

Answers

Answer:

Impact of international trade on unemployment

In a relatively skill-abundant country, international trade increases the relative price of the skill-intensive products. This reduces the unemployment rate of skilled workers and increases the unemployment rate of unskilled workers.

Explanation:

What are your goals that you want to achieve in 5 years?

Answers

Answer:

Consider Why the Job Interests You

Research the Business

Don't Worry If You Don't Know What Kind of Career You Want to Pursue

Be Enthusiastic

Be Realistic

Explanation:

this is wrong
and do better because it really is not what u did ok do better bye bye!
!!!

Answers

Answer:

?????????????????????

Answer:

Okay bye

Explanation:

Have a nice day!

Homeowners insurance gives you both property and liability protection.

Answers

Answer:

True

Explanation:

If you have drunk friends you want this insurance.

True. Homeowners insurance provides both property and liability protection.

What is property protection?

The property protection aspect of homeowners insurance covers the physical structure of the home, as well as personal belongings within the home, against perils such as fire, theft, and vandalism.

It may also provide coverage for additional structures on the property, such as garages or sheds. Liability protection, on the other hand, safeguards homeowners from legal and financial responsibility if someone is injured on their property or if they accidentally cause damage to someone else's property.

This coverage typically includes legal expenses and medical payments to the injured party.

The answer is true.

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After the introductory period, all consumers who have this Platinum Card will...

Answers

Answer:

Qualify for an A.P.R. based on their creditworthiness

Explanation:

After the introductory period is over you will be set a new APR

Financial services Consumers, who have Platinum Card after some introductory period, qualify for APR (Annual Percentage Rates).

The qualification for APR depends on the customer's creditworthiness.  This is the assessed financial ability of a customer to pay on her credit terms.  If the credit performance of the customer is adjudged worthy, the cardholder may be given a Titanium card with a higher credit limit.

When a credit card account is opened for a customer, the customer is charged with the introductory rate.  Then, after the introductory period, the customers are charged with the APR, which is usually less than the introductory rate.

Credit card account holders may also attract penalty APR when the penalty terms are triggered.   Some credit card accounts attract variable APR, which means that the rate changes depending on stated circumstances.

Thus, the rate charged at the introductory period of a Platinum Card is higher than the APR.

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The following information is related to Sheffield Real Estate Agency.

Answers

Answer:

EDate Affect on Accounting Equation Affect on Account Oct-01 Debit Cash Debit Asset $ 21,750 Credit James Sheffield, Capital Credit Equity $ 21,750 Oct-02 Debit No Entry Debit Credit Credit

We Pay Insurance Co. will pay you $1,300 each quarter for 21 years. You want to earn a minimum interest rate of .93 percent per quarter. What is the most you are willing to pay today for these payments? Question 23 options: $71,774.46 $75,552.06

Answers

They are willing to pay today for these payments of $ 75,552.06.

The option (B) is correct.

One reason certain individuals purchase cash-esteem disaster protection is the possibility to acquire cash from the strategy later on. At the point when you purchased your insurance contract, the protection specialist might have promoted that you would get your own cash and repay yourself.

Given;

The period here is a quarter.

Rate = loan cost per period = 0.93%

Nper = 4 x 21 = 84

PMT = 1300

FV = future worth = 0

The most you will pay today for these installments = - PV (Rate, Nper, PMT, FV)

= -PV (0.93%, 84, 1300, 0) = $ 75,552.06.

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What is the Internal Revenue Code?

A.) a collection of tax laws, their interpretations, and federal tax rulings
B.) a list of tax brackets and the percentages each person must pay
C.) a book used solely by tax accountants to help people complete their filings
D.) a passcode that citizens must have to file their taxes online

Answers

Internal Revenue Code is collection of tax laws, their interpretations, and federal tax rulings.

Option A is the correct answer

What is internal revenue code?

The Internal Revenue Code are set of laws and rules created to guide tax related matters

It was created by revenue service for the public on tax payment.

Therefore, Internal Revenue Code is the collection of tax laws, their interpretations, and federal tax rulings

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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?

Answers

Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.


On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.

Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.

It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.

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Relevance has always been the challenge of the advertising industry. Summarize Kristi Roger's assessment of the advertising industry in her Ted Talk. Considering her hypothesis and results, what are some implications for marketing managers as they seek to improve the ROI of marketing expenditures on all forms of marketing communications

Answers

Answer:

Advertising is a paid sort of promotion utilized by organizations for product promotion, hence being of a vital usage and a significant part in organizations. The achievement of any firm is reliant on the correct sort of advertising channels utilized.  

Explanation:

In her Ted talk, it is clear Kristi Roger had conducted an extraordinary advertising analysis, in this way contending that relevance is a fundamental factor assuming an enormous part in advertising. She contends that the planned message of promotion should contact the perfect person at the perfect time. To guarantee this assertion is accomplished, an advertiser has the obligation to utilize the correct technology undeniably to make a pertinent directive for the correct crowd.  

In addition, marketing managers are obligated to recognize the significant challenges in the market. They ought to get updated changes occurring in the market to stay away from any significant impacts on the Return On Investment (ROI).  

To profit more from advertising, marketing managers should recruit the ideal person who is acceptable in quantitative skills rather than creative skills in light of the fact that the market analysis is of more significance than benefiting creative products into the market. A person with extraordinary quantitative skills can examine the market situations appropriately, henceforth s/he can dispose of a portion of the cycles that occur in computerized crusade improvement. To carry extraordinary outcomes to the organization, quantitative specialists guarantee important advertisements contact the perfect person at the perfect time.

Identify whether each scenario describes a drawback or an advantage of trade regulation.
benefit of
trade regulations
drawback of
trade regulations
Melanie owns a juice and soda company. Her
country imposes tariffs on imported soft drinks.
Melanie and her employees feel secure because
they aren't threatened by heavy competition from
foreign beverages.
Chad owns a shoe factory. For 15 years, his
country has blocked virtually all foreign shoes
from entering the domestic market. Chad does
not feel the need to innovate and create new
styles of shoes to offer variety to consumers.
Ravi has a unique vision for the future of
smartphones. He believes his design can propel
his nation to the top tier of smartphone exporters.
But he holds off on starting a manufacturing
company because he thinks foreign competition

Answers

Answer:

Advantage

Drawback

Advantage

Drawback

Explanation:

Trade regulations may vary according to the policy.

1. Melaine had an advantage in this regulation. This brought protection against heavy competitors.

2. Chad has been using this Protectionism to keep on selling obsolete shoes. A huge drawback for his customers.

3. Ravi realized a great opportunity with this market opening a great advantage. He can sell it overseas.

4. Sharon has suffered a drawback in buying a new car. Either She will pay much more for the same car or She'll buy a simpler one.

What is the FOCI Mitigation: Proxy Agreement

Answers

A Proxy Agreement is an FOCI mitigation strategy generally employed by the American government in order to restrict  foreign ownership, control, or influence (FOCI) over United States organizations that work within sensitive commercial areas.

What happens under Proxy agreement

Under a Proxy Agreement, the US firm will organize one or more American citizens to act as proxies and exert the voting powers which are owned by foreign proprietors. In most situations, these proxies are entirely impartial from both the US organization and the international owners.

This particular Proxy Agreement guarantees that foreign holders cannot pursue a direct influence on the US company's functions or decisions. The US government can also make use of the Proxy Agreement for monitoring the compliance with other FOCI impediment techniques being implemented by the same US business.

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Which of the following are pre-award considerations that impact post-award subcontracting compliance management?

Answers

The options that are pre-award considerations that impact post-award subcontracting compliance management are:

1)Will advance notification and consent to subcontract be required?

3)Will the contract be set aside for one of the small business socioeconomic categories?

4)Will the contract include government property?

Why is subcontract management important?

Subcontract management, when correctly implemented, encourages uniformity in the administration of subcontracts across functions, reduces risk to the business and contract, and can boost profitability.

The process of hiring and supervising subcontractors on behalf of a customer is known as subcontractor management. General contractors are accountable for this in construction.

Respect for the standards and guidelines established in a contract is referred to as contract compliance. This frequently entails periodic inspections of an existing contract to look for deviations and assess compliance with compliance rules and standards.

Therefore, The process of making sure people and operations at all levels of the business abide by rules, regulations, and specifications is known as compliance management. Governments, industry groups, regulatory agencies, and employee unions are just a few of the many organizations that set requirements.

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See full question below

Which the following are pre-award considerations that impact post-award subcontracting compliance management?) (Select three that apply)

1)Will advance notification and consent to subcontract be required?

2) Will the prime contractor be required to attend the post-award orientation conference?

3)Will the contract be set aside for one of the small business socioeconomic categories?

4)Will the contract include government property?

( Stuck on Exam Question)

Which of the following are the amounts left over from profitable operations since the firm’s beginning?

A- Liabilities
B- Retained Earning
C- assets
D- assets plus liabilities

( Stuck on Exam Question)Which of the following are the amounts left over from profitable operations

Answers

The answer is c I hope this helped you out
It’s C I hope this helps

Economic theory assumes that people act rationally and maximize their total satisfaction. Explain this proposition and discuss whether people who spend 30 days a year commuting fulfil these assumptions.

Answers

Indeed, the proposition is that people act rationally and maximize their total satisfaction when making decisions.

What is rational behavior?

Rational behavior is a decision-making process that results to optimal benefits or utility for the decision-maker. The assumption of rational behavior implies that decision-makers make choices to benefit them above the marginal costs of such decisions.  

Thus, people who spend 30 days per year in commuting actually fulfill the rational assumption, because they derive maximum marginal benefits visa-a-vis commuting more or less than 30 days annually.

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Your daughter will be going to college in three years. Tuition fees are estimated at
$30,000 million a year for four years, payable at the beginning of each year. To estimate whether you have set aside enough money, you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments. Suppose you would like to have enough money to fund her 4-year education at the time she starts college, how much should you set aside now to cover these payments?

Answers

Answer:

107312.91 million

Explanation:

\(30000*(1.08)*(\frac{1-(1+.08)^{-4}}{.08})=107312.9096\)

luckely for the guest of the ceremony, there was a company representative who made a speech on the subject

Answers

Answer:

psjxkab hs. usb bsiq xbsjw ,kwjwnz

The aggregate supply-aggregate demand model predicts that the short-run effects of a temporary but severe oil-cutoff would be:_____

Answers

Incomplete question.

Options;

a. A decrease in the price level and an increase in real output.

b. An increase in both the price level and real output.

c. An increase in the price level and a decrease in real output.

d. A decrease in both the price level and real output.

Answer:

c. An increase in the price level and a decrease in real output.

Explanation:

Remember, aggregate supply often refers to the total output of goods and services in an economy available for sale While aggregate demand refers to the total value of the money spent on the goods and services produced in an economy.

Note also, what this means is that as a result of the severe oil-cutoff, the supply of oil would reduce greatly, and with lower supply in the short-run; we would expect the price level to increase.

However, as the price level increases, in the short-run, there would be an immediate decrease in the real output of oil among producers.

When a company cannot fully satisfy demand because of a constraint, which of the following describes an action that should NOT be taken?
A. Relaxing the constraint
B. Tightening the constraint
C. Investing to improve the capacity of the bottleneck
D. Reducing the number of defective units produced through the bottleneck

Answers

When a company cannot fully satisfy demand because of a constraint, the action that should not be taken is tightening the constraint. That is option B.

How does companies satisfy demands?

A successful company is always capable of satisfying their customers demands through the following ways:

By keeping in touch with their customers,

Listen to the complaints of their employees,

Address the feedback issues from their customers,

Evaluation of the identified issues and generation of a possible solution.

in order to successfully satisfy the demands the f their customers, they are not to tighten the constraint which would otherwise worsen the situation for them.

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Work with a partner. An art collector buys two paintings. The value of each painting after t years is y dollars. Complete each table. Compare the values of the two paintings. Which painting's value has a constant growth rate? Which painting's value has an increasing growth rate? Explain your reasoning.

Answers

In general, if a painting's value increases by the same amount each year, it may have a stable growth rate, or if it increases by a bigger amount each year, it may have an increasing growth rate.

How can you compare exponential and linear functions?

Review: linear growth. For both linear and exponential relationships, the y-values change in several ways when the x-values increase by a specific amount: In a linear relationship, the difference between the y-values is equal. The y-values have equal ratios in an exponential relationship.

How are the pictures created?

It can be done using nearly any medium, including painting, photography, sculpture, and others. In addition to making portraits for clients, some painters also do it merely for artistic purposes.

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Which of the following could be identified as a simile? (2 points)
The light shone brightly through the window at dawn.
I ran to my classroom as fast a cheetah on the hunt.
The young boy shivered with fear when the lights went out.
He is one of the greatest and most prolific writers in history.

Answers

Answer:

He is one of the greatest and most prolific writers in history.

Answer
I ran to my classroom as fast as a cheetah on the hunt
Reason: a simile uses “like” or “as” to compare things
This sentence uses “as” to compare his fast running with a cheetah

Ford and General Motors are considering expanding into the Vietnamese automobile market. Devise a simple prisoners' dilemma game to demonstrate the strategic considerations that are relevant to this decision.

Answers

Explanation:

To look at it from a prisoner's escape dilemma, let's look at Ford and General motors as been about out of their status quo and to break into a new market–the Venezuelan market.

They should should see themselves as been worse off if they did not make the move. Also, they need weigh the benefits of expanding. After such considerations, both car companies should work towards expanding regardless of whether or not the other is expanding.

At December 31, 2019, Obermeyer Imports reported the following information on its balance sheet.
Accounts receivable $250,000
Less: Allowance for doubtful accounts 15,000
During 2019, the company had the following transactions related to receivables.
1. Sales on account $2,600,000
2. Sales returns and allowances 45,000
3. Collections of accounts receivable 2,250,000
4. Write-offs of accounts receivable deemed uncollectible 10,000
5. Recovery of bad debts previously written off as uncollectible 3,000
Instructions
(a) Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable.

(b) Enter the January 1, 2019, balances in Accounts Receivable and Allowance for Doubtful Accounts. Post the entries to the two accounts (use T-accounts), and determine the balances.

(c) Prepare the journal entry to record bad debt expense for 2019, assuming that an aging of accounts receivable indicates that estimated bad debts are $22,000.

Answers

Answer:

Obermeyer Imports

a) Journal Entries to record each transaction:

1. Debit Accounts Receivable $2,600,000

Credit Sales Revenue $2,600,000

To record the sale of goods on account.

2. Debit Sales Returns $45,000

Credit Accounts Receivable $45,000

To record the return of goods on account.

3. Debit Cash Account $2,250,000

Credit Accounts Receivable $2,250,000

To record collections from customers.

4. Debit Uncollectible Expenses $10,000

Credit Accounts Receivable $10,000

To record the write-off of accounts deemed uncollectible.

5. Debit Cash Account $3,000

Credit Uncollectible Expenses $3,000

To record the recovery of bad debts previously written off.

b) T-accounts:

Accounts Receivable

Accounts Titles            Debit          Credit

Beginning balances $250,000

Sales Revenue        2,600,000

Sales Returns                                    45,000

Cash Account                              2,250,000

Uncollectible Expenses                     10,000

Ending Balances                             545,000

Total                     $2,850,000 $2,850,000

Allowance for doubtful accounts

Accounts Titles            Debit          Credit

Beginning balances                    $15,000

Uncollectible expense                    7,000

Ending balances       $22,000

c) Journal Entry

Debit Uncollectible Expense $7,000

Credit Allowance for doubtful accounts $7,000

To record the allowance for uncollectibles.

Explanation:

a) Data and Calculations:

Accounts receivable $250,000

Less: Allowance for doubtful accounts 15,000

b) The allowance for Doubtful Accounts will increase by $7,000 to $22,000.  As a result, the Uncollectible Expense will be debited with $7,000 while the Allowance for doubtful accounts will be credited with $7,000.  This brings the total of Allowance for Doubtful Accounts to $22,000 in accordance with the new estimate based on the aging of accounts receivable.

The journal entries to record each of the transactions will be:

Debit Accounts Receivable $2,600,000

Credit Sales Revenue $2,600,000

(To record the sale of goods on account)

Debit Sales Returns $45,000

Credit Accounts Receivable $45,000

(To record the return of goods on account).

Debit Cash Account $2,250,000

Credit Accounts Receivable $2,250,000

(To record collections from customers)

Debit Uncollectible Expenses $10,000

Credit Accounts Receivable $10,000

(To record the write-off of accounts deemed uncollectible).

Debit Cash Account $3,000

Credit Uncollectible Expenses $3,000

(To record the recovery of bad debts previously written off)

The balances in accounts receivable and allowance for doubtful accounts will be calculated thus:

Debit Beginning balance $250000.

Debit sales revenue $2,600,000.

Credit Sales return $45000

Credit Cash account $2250000

Credit Uncollectible expenses $10000

Credit ending balances $545000

Lastly, the journal entry to record bad debt expense for 2019 will be:

Debit Uncollectible expense $7000.

Credit Allowance for doubtful accounts $7000.

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Stuck on letter b, please help Provide examples of at least 3 types of unearned privilege, and why (from society's view) the privilege is unearned. For example, in the U.S., being a Christian is an unearned privilege since Christianity is the dominent religion in the country. Consider a 11-period binomial model with r=1.02r=1.02, s_0 = 100s 0 =100, 1.05=u=1/d1.05=u=1/d. compute the value of a european call option on the stock with strike k=102k=102. the stock does not pay dividends. when you construct the replicating portfolio for the option in the previous question how many dollars do you need to invest in the cash account? Need help with this a sales breakpoint of a mutual fund is: qid: 3571175 mark for review a the minimum dollar amount of a purchase of a mutual fund where a volume discount is given b the minimum share amount of a purchase of a mutual fund where a volume discount is given c the point at which a letter of intent can be obtained d the point at which a letter of intent can be backdated 3x+3(x+y) please help What's are all the answers? Tap on the image. (solve for h) geometry What are the are products of respiration? At first, Mrs. Hanrahan's students thought that a linear model might describe the relationship between a pendulum's length and its period pretty well. After fitting a least-squares regression model to data, they decided that a better model be available. Perform this analysis yourself, and explain why the students didn't favor the linear model. Can you pls pls help me? find the indicated real nth roots of n = 5, a = 243 h(x)= 3x+2 find h(x+1) Complete the equation for the horizontal line that passes through (5, 7). Texting while driving is comparable to what other dangerous act? Which place would have the most air pressure Charlotte NC Death valley Myrtle beach sc Mount Everest a _________ is an endorsement from a customer praising a firm's product. What is the purpose of the very short scene of Act 4, scene 2 The divisions of the nervous system include the___.A. Cranial nervous system and the axial nervous system B. Central nervous system and the peripheral nervous system C. Superior nervous system and the inferior nervous system D. Central nervous system and the lateral nervous system (a) What is the area and uncertainty in area of one side of a rectangular metal slab that has a length of (21.4 0.4 cm and a width of (9.8 0.1) cm? (Give your answers in cm2.) x )cm2 b) What If? If the thickness of the slab is (1.2 0.1) cm, what is the volume of the slab and the uncertainty in this volume? (Give your answers in cm3.) ]x)cm3