Domino company uses the aging of accounts receivable method to estimate uncollectible accounts expense. domino began year 2 with balances in accounts receivable and allowance for doubtful accounts of $46,890 and $3,710, respectively. during the year, the company wrote off $2,770 in uncollectible accounts. in preparation for the company's year 2 estimate, domino prepared the following aging schedule: number of days receivables % likely to be past due amount uncollectible current $ 79,000 1% 0-30 28,800 5% 31-60 7,660 10% 61-90 4,020 25% over 90 3,700 50% total $ 123,180 what will domino record as uncollectible accounts expense for year 2?

Anew equipment has been proposed by engineers to increase the productivity of a certain manual welding operation. the investment cost is $25,000, and the equipment will have a market value of $5,000 at the end of a study period of five years. increased productivity attributable to the equipment will amount to $10,000 per year after operating costs have been subtracted from the revenue generated by the additional production. if marr is 10%, is investing in this equipment feasible? use annual worth method.

Look at this section of the 1040ez form. will this individual receive a refund? yes no

Benning manufacturing company is negotiating with a customer for the lease of a large machine manufactured by benning. the machine has a cash price of $980,000. benning wants to be reimbursed for financing the machine at a 9% annual interest rate. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. determine the required lease payment if the lease agreement calls for 10 equal annual payments beginning immediately. 2. determine the required lease payment if the first of 10 annual payments will be made one year from the date of the agreement. 3. determine the required lease payment if the first of 10 annual payments will be made immediately and benning will be able to sell the machine to another customer for $68,000 at the end of the 10-year lease.