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What is the new cash realizable value after the write-off

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Question - Snowy Corp has a cash realizable value with its receivables of $10,000. Snowy immediately writes off its worst customer's balance of $1,000. The new balance in Accounts Receivables drops by $1,000. What is the new cash realizable value after the write-off?

a. $9,000

b. $10,000

c. $11,000

d. $12,000

e. None enough information has been provided.

Reference no: EM132520717

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