If this is talking about the percentage rate of the value received at that specific period, then it can be calculated as;
1. First, get the percentage equivalent of the value that’s currently on account receivable of this period. So, $559,000 divided by $5,200,000 equals to 0.1075.
2. Next, 0.1075 is multiplied to 100 to get the percentage. That gives us a rate of 10.75%.
Therefore, the percentage value of this collection 10.75%.
4000*.05=200 so 200 is ur interest 4000+200=$4200
Answer:
Stock = 27.629 million
Explanation:
<u>Baldwin Corporation</u>
<u>Balance Sheets</u>
<u>Assets</u>
Cash of $8.040 million
Total Assets $163.111 million
<u>Liabilities and Owner's Equity </u>$163.111 million
Stock 27.629 million
Total Liabilities $101.255 million
Retained Earnings $34.226 million
According to Balance sheet approach total assets must equal total liabilities and Owner's Equity.
Total assets including cash are given which are equal to $163.111 million and when we subtract total liabilities and retained earning from it we get the value of stock.
Stock = Total Assets- Total Liabilities - Retained Earnings
Stock = $163.111 million - $101.255 million-$34.226 million
Stock = 27.629 million
Answer: because their use does not meet business English standards.
Explanation:
In business letters, it is important to avoid the use of sarcasm, clichés, and idioms in business letters because their use does not meet business English standards.
A business letter should be professional and there should be an easy and effective communication as messages should be passed across and understood. The use of vague words, sarcasm and cliche should be avoided.
Answer:
Following are the responses to the given question:
Explanation: