Coronado Industries prepared an aging of its accounts receivable at December 31, 2020 and determined that the amount expected to be collected was $898000. Additional information is available as follows: Allowance for uncollectible accounts at 1/1/20—credit balance $102000 Accounts written off as uncollectible during 2020 68500 Accounts receivable at 12/31/20 971500 Uncollectible accounts recovered during 2020 14900 For the year ended December 31, 2020, Coronado's bad debt expense would be

Spirula trading inc sublets a part of its offices building to jade inc. for a period of ten years . where will the company disclose this information?

What are six resources for you decide which type of business to start and how to start it?

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances