Answer:
Total cash receipts in October = $137,300
Total cash receipts in November = $120,825
Total cash receipts in December = $164,925
Explanation:
As per the data given in the question,
Total cash receipts in October = Cash sales in October + September sales collection in October + October sales collection in October
= $108,000 × 30% + $86,000 + $108,000 ×70% × 25%
= $137,300
Total cash receipt in November = Cash sales in November + October sales collection in November + November sales collection in November
= $135,000 × 30% + $108,000 × 70% × 75% + $135,000 × 70% × 25%
= $120,825
Total cash receipt in December = Cash sales in December + November sales collected in December + December sales collected in December
= $198,000×30% + $135,000 × 70% × 75% + $198,000 × 70% × 25%
= $164,925
The answer is B. Many people fear that they do not have the necessary leadership skills
Answer:
my answer is A-trade bc
is the comparative advantage emerged
Answer:
a. $1,290,000
b. $3.80
Explanation:
a. The computation of the net income is shown below:
= Net income - preference dividend
= $1,500,000 - $210,000
= $1,290,000
b. The earning per share is shown below:
= (Net income) ÷ (weighted-average shares of common stock)
= ($1,290,000) ÷ (340,000 shares)
= $3.80
Simply we apply the net income formula after considering the preference dividend and then earning per share is computed
Answer:
![\left[\begin{array}{cccc}$unit sale&100000&90000&80000\\$sales revenue&3500000&3150000&2800000\\$COGS&&&\\$Material&900000&810000&720000\\$Labor&1000000&900000&800000\\$VMO&250000&225000&200000\\$FMO&80000&80000&80000\\$total&2230000&2015000&1800000\\$gross profit&1270000&1135000&1000000\\$V S and A&100000&90000&80000\\$F S and A&950000&950000&950000\\$operating income&220000&95000&-30000\\$tax expense&66000&28500&\\$net income&154000&66500&-30000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24unit%20sale%26100000%2690000%2680000%5C%5C%24sales%20revenue%263500000%263150000%262800000%5C%5C%24COGS%26%26%26%5C%5C%24Material%26900000%26810000%26720000%5C%5C%24Labor%261000000%26900000%26800000%5C%5C%24VMO%26250000%26225000%26200000%5C%5C%24FMO%2680000%2680000%2680000%5C%5C%24total%262230000%262015000%261800000%5C%5C%24gross%20profit%261270000%261135000%261000000%5C%5C%24V%20S%20and%20A%26100000%2690000%2680000%5C%5C%24F%20S%20and%20A%26950000%26950000%26950000%5C%5C%24operating%20income%26220000%2695000%26-30000%5C%5C%24tax%20expense%2666000%2628500%26%5C%5C%24net%20income%26154000%2666500%26-30000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
<em></em>
<em>We will cross-multiply the variables concept like sales revenues materials, labor and other</em>
I.G
<em>sales revenues for 90,000:</em>
3,500,000 / 100,000 x 90,000 = 3,150,000
<em>for 80,000:</em>
3,500,000 / 100,000 x 80,000 = 2,800,000
<em></em>
The fixed will remain at the same value between the relevant range so we do not change them.
For the tax expense we will have to check which is the rate
for 220,000 operating income the tax expense is 66,000
we can solve for rate: 66,000/220,000 = 0.3 = <em>30%</em>
Now we will determinate the tax expense with that rate.
<em>NOTE</em> attached missing information
