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Sample Company has the following receivables classified into individually significant and all other receivables.
Individually significant receivables
Co. P 40,000
Inc. 100,000
Co. 60,000
Ltd. 50,000 P250,000
All other receivables 500,000
Total P750,000
Sample determines that P's receivable is impaired by P15,000, and C's receivable is totally impaired. Both R's and T's receivables are not considered impaired. Sample also determines that a composite rate of 2% is appropriate to measure impairment on all other receivables.
Problem 1: Sample has an impairment related to its receivables of
Group of answer choices
Option 1: P78,700
Option 2: P80,000
Option 3: P78,200
Option 4: P75,000
Distribute the 243 accordingly. Calculate the norm column labeled project norm, calculate the mean of mean and the total column.
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