What is the cash realizable value of accounts receivable

Assignment Help Financial Management
Reference no: EM132386345

Question

An analysis and aging of the accounts receivable of Pharoah Company at December 31 reveal these data:

Accounts receivable $ 3340000

Allowance for doubtful accounts per books before adjustment (credit) 440000

Total estimated uncollectible accounts at December 31 514000

What is the cash realizable value of the accounts receivable at December 31 after adjustment?

Reference no: EM132386345

Questions Cloud

What range of returns would you expect : What range of returns would you expect to see 95 percent of the time? What range of returns would you expect to see 99 percent of the time?
What should be the market value of hotel : Another asset with similar characteristics is projected to earn an NOI of $ 27.4 Mi. What should be the market value of this hotel?
Second investment has no resale value : The second investment has no resale value. Which investment is better, from the standpoint of IRR?
Bond valuation and changes in maturity and required returns : Suppose Hillard Manufacturing sold an issue of bonds with a 10-year maturity, a $1,000 par value, a 10% coupon rate, and semiannual interest payments.
What is the cash realizable value of accounts receivable : An analysis and aging of the accounts receivable of Pharoah Company. What is the cash realizable value of accounts receivable at December 31 after adjustment.
What amount of bad debt expense will the company record : Bad debts are estimated to be 10% of outstanding receivables. What amount of bad debt expense will the company record?
What is the cost of capital : Give an example of a time when you and/or your company have used a similar process for decision making.
Which inventory flow assumption will result in the lowest : In a period of increasing prices, which inventory flow assumption will result in the lowest amount of income tax expense? The response paper should be in APA.
Required return on an investment in firm a : So if the current market conditions are such that the risk-free rate is 2%, the market risk premium is 10% and Firm A's Beta is 1.25

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd