Sign In
Not register? Register Now!
Essay Available:
Pages:
1 page/β‰ˆ275 words
Sources:
Check Instructions
Style:
APA
Subject:
Accounting, Finance, SPSS
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 6.32
Topic:

Analyzing Current Assets for Decision Making: Uncollectible Accounts

Coursework Instructions:

Respond to Question 5 from Chapter 8 of the textbook: Consider the following statement: "The fewer the uncollectible accounts, the better." Can you think of instances where this might not be the case? Support your points with an example of why fewer uncollectible accounts may not be better for business. Participate in follow-up discussion by reviewing the fact patterns described by classmates and change them to try to prove the point that fewer uncollectible accounts are not better. cite and Reference Needed.

Coursework Sample Content Preview:

Analyzing Current Assets for Decision Making
Student Name
Department Affiliation, University Affiliation
Course Name
Instructor’s Name
Assignment Due Date
Analyzing Current Assets for Decision Making
Every business is bound to have debtors. In some cases, this results in uncollectible accounts. Although uncollectible accounts are often bad for business, in some instances, they are not. Having more uncollectible accounts means that a business incurs more expenses than income (Needles et al., 2013). Therefore, the net profit reduces. However, if there were more collectible accounts, then the business would have more revenue. More revenue means that the business pays more in taxes (Needles et al., 2013). Taxes are dependent on the size of the business. If the business produces more revenue, then it is in a higher tax bracket. However, it has a lower revenue due to high expenses, and then it belongs in a lower tax bracket.
More uncollectible accounts are als...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

πŸ‘€ Other Visitors are Viewing These APA Coursework Samples: