Determine the Estimated Realizable (Collectable)value

question 106

Short Answer

Determine the estimated realizable (collectable)value:
Bad debts are estimated to be 3% of net sales.
$ ________

---

Definitions:

Hydrogen

The lightest and most abundant chemical element in the universe, consisting of just one proton and often one electron.

Potassium Hydroxide

A strong base used in industry and research that is highly reactive with acids and capable of causing severe burns.

Base

In chemistry, a base is a substance that can accept protons (H+) from acids or donate a pair of valence electrons to form a bond, and it often has a high pH when dissolved in water.

Dissociates

Refers to the process by which molecules or ionic compounds split into smaller particles, often ions, in solution.