If the borrower just used the reverse mortgage proceeds to pay off the original mortgage, after ten years the reverse mortgage balance, including fees and interests, would be around $135,000. If on the other hand, you want to establish a line of credit or receive monthly income from the reverse mortgage, then you will want to have as much equity available as possible. For example, take the 65-year-old with the $300,000 home.
The average accounts receivable collection period can be calculated from the following equation: Period=DaysReceivablesTurnover{\displaystyle Period={\frac {Days}{ReceivablesTurnover}}}. In the equation, days refers to the number of days in the period being measures (usually a year or half of a year).
Subtract the dollar amount of allowance for uncollectible accounts from the dollar amount of your accounts receivable balance to calculate the net realizable value of your accounts receivable.For example, subtract $2,250 in allowance for uncollectible accounts from $150,000 in accounts receivable.This equals a net realizable value of $147,750, which is the amount you can expect to collect from your accounts receivable.ubtract the dollar amount of allowance for uncollectible accounts from the dollar amount of your accounts receivable balance to calculate the net realizable value of your accounts receivable.