Dr. Bland recorded a video showing how to do a room scan.   …

Dr. Bland recorded a video showing how to do a room scan.   One of the most common errors reported by Honor Lock is “incomplete or insufficient room scan”.  As a video has been prepared and everyone was reminded to review that video prior to the time of this exam, please conduct a proper room scan now.  As demonstrated in the room scan video, you may use your phone now as part of the room scan process.  (please remember to show yourself turning off the phone and putting it at least 6 feet away from you).  When you have successfully and fully completed the scan as demonstrated (including showing the front of your computer with a mirror or your cell phone, showing your calculator and showing your 5 blank sheets of paper);  (If you did not watch the video, please write “I did not review that zoom recording”.   Please note that the instructions require that you highlight the answers to the questions and shows how to display them. Please review so that you do not lose points for failing to follow instructions.  Please write “DONE” as your answer when you are satisfied that you have completed the room scan requirements and reviewed the instructions.

Use the following financial statement information for the ne…

Use the following financial statement information for the next 4 problems:   2025 2024 Cash 46,797 56,443 Accounts Receivable, gross 57,875 56,259 Allowance for Bad Debt 1,550 1,978 Inventories 40,666 32,817 PPE, gross 46,181 45,633 Accumulated Depreciation 6,080 2,532 Current Liabilities 46,388 33,890 ST Debt 361 124 LT Debt 24,872 18,853 Total Liabilities 71,621 52,867 Stockholder’s Equity 112,268 133,775  

Use this for the following 4 questions. Capri, Inc. analyzes…

Use this for the following 4 questions. Capri, Inc. analyzes its accounts receivable at December 31, and arrives at the aged categories below along with the percentages that are estimated as uncollectible.                      Age Group Accounts Receivable Estimated Loss % Est Loss $ Current $436,940 1% $4,369 1-30 days $182,703 2% $3,654 31-60 days $69,250 3% $2,078 61-90 days $25,908 4% $1,036 91-120 days $13,642 6% $819 121+ days $8,650 9% $779 Total $737,093   $12,734   The unused balance of the allowance for uncollectible accounts is $5,430 on December 31, before any adjustments.