Afirm that owns and manages rental properties is considering buying a building that would cost $1.600.000 this year, but would yield an annual revenue stream of $80.000 per year for the foreseeable future. for what range of interest rates would this purchase increase the present value of the firm?

Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.