Answer:
$18,400
Explanation:
A/R $20,100
Less: Allowance for doubtful accounts ($1,700)
net realizable value of A/R $18,400
The write off amount is already included in allowance for doubtful accounts on provision basis therefore it can't be separately deducted again.
Answer:
Annual increase is $1,108.4
Explanation:
In 2016, average price was $27,258.6
In 2010, average price was $20,608
Average increase in 6 years = $27,258.6 - $20,608 = $6,650.6
Annual average increase = $6650.6/6 = $1,108.4
Answer:
The correct answer is stockkeeping unit.
Explanation:
In the field of inventory management, an inventory maintenance unit or SKU refers to a specific item stored in a certain place. The SKU is considered the most disaggregated level when talking about inventory. It is assumed that the units stored in the same SKU are indistinguishable. The introduction of the SKU concept simplifies most inventory control operations. SKUs are sometimes used to designate intangible items, as guarantees; however, in this article we will focus on SKUs that designate tangible items.
Answer:
a. involve a high degree of trust and confidence.
Explanation:
A fiduciary relationship exist when an individual places responsibilities on the other party, to help him carry out duties or act for the benefit of the party. It is otherwise called a confidential relationship and it requires special trust, confidence and reliance.