Answer 13 and 14 pleasei need it asap 13. Which of the following statements pertaining to the compensating balance is/are correct?1. A compensating balance that is unrestricted as to withdraw is reported as part of cashII. A compensating balance that is legally restricted and related to a short- term loan formspart of cash.ilII. A compensating balance that is legally restricted and related to a short-term loan is notpart of cash but classified separately as a current asset.iv. A compensating balance that is legally restricted and related to a long- term loan isclassified separately as a non-current asset.a. I onlyb. I, II, and IVc. I, III, and IVd. Il and IV only14. When using the allowance method of accounting for doubtful accounts, what is the effect ofwriting off an uncollectible account on the accounts receivable and the allowance for doubtfulaccounts?AccountsReceivableIncreaseAllowance forDoubtful accountsa.Increaseb. DecreaseDecreaseC.IncreaseDecreased.DecreaseIncrease

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Answered: Answer 13 and 14 please

Business

Finance

Answer 13 and 14 please

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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ACC 10 X McGraw-Hill Edu Xx 3:05 C ezto.mheducation.com/ext/map/index.html?_con=con&ext... Q d Applicati.... WP WileyPLUS B Bloomberg for Edu... Frontline - Sign In R myRutgers Portal Multiple Choice $800,000. $1,200,000. $480,000. Question 10 - EX Forrester Company is considering buying new equipment that would decrease monthly fixed costs from $360,000 to $360,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $1,200,000 and current break-even units are 12,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be: $1,500,000. Save & Exit ☐ B Submit X : >>>
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