At the beginning of the year, the balance in allowance for doubtful accounts is a credit of $760. during the year, previously written off accounts of $120 are reinstated and accounts totaling $740 are written off as uncollectible. the end-of-year balance (before adjustment) in allowance for doubtful accounts should be
a. $760.
b. $120.
c. $140.
d. $740.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million

The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.