Business, 30.08.2021 19:00 allieallie
The 2000 accounts receivable of ABC Company have a total book value of $40,000. Bob Rotter, CPA, has selected and audited a sample of 100 accounts with a total book value of $1,950. The audited value of the 100 accounts in the sample is $1,875.
Using the mean-per-unit estimation technique, Rotter's estimate (to the nearest dollar) of year-end accounts receivable balance would be:.
A. $37,500
B. $38,462
C. $38,500
D. $41,600
Answers: 1
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The 2000 accounts receivable of ABC Company have a total book value of $40,000. Bob Rotter, CPA, has...
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