BAT-summative

=Summative Peer Help Page=

Receivables
Q: Where do we get the Sales value from. Is it the one from scenario A. (I am asking for the begining balance). Is there a formula for changing from %of age recievables to sales basis method.

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Tips: Would this not be correct?: - Percentage of Sales Method: The amount of estimated loss is equal to the credit sales for the period multiplied by the estimated percentage of credit sales that will be uncollectible. -Percentage of Receivables Method: The amount of the estimated loss is equal to the uncollected accounts recievable at the end of the period multiplied by the estimated percentage of the accounts receivable that will prove to be uncollectible increased/decreased by the debt/credit balance in the allowance account.

Inventory
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Investments
Q: Does anyone get how to do the security by security method? I've asked a couple people and it seems that many people are wondering the exact same thing.

A: I think security by security method is when the individual investments are considered to determine th elower of cost to market value, whereas for the Portfolio method we look at the total of investments and then determine the lower of cost to market value. This is the way it is done but I still cant figure out the LCM for security by security method.

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Capital Assets
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Debt vs. Equity
Q: What is the format to answer the question?

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**Mortgages**
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**Cost of Capital Calculations**
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Final Written Answers
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