Answer:
$395,000
Explanation:
Bad Debt expense:
= 1.5% of sales will be uncollectible
= 1.5% × $1,000,000
= 0.015 × $1,000,000
= $15,000
Allowance for Doubtful accounts:
= Bad Debt expense - accounts receivable written off
= $15,000 - $10,000
= $5,000
Net realizable value:
= Accounts receivable - Allowance for Doubtful accounts
= $400,000 - $5,000
= $395,000
Answer:
$12.20 per share for a total of $61,000,000
Explanation:
Calculation to determine how much will the managing underwriter's fee will total:
First step is to calculate the underwriting risk. Amount
Underwriting risk=($0.65 - $0.40)
Underwriting risk=$0.25
Second step is to calculate The total spread is
Total spread=($0.15+ $0.25 +$0.40 )
Total spread=$0.80
Now let determine the amount The issuer will receive and the Total
Amount received = ($13.00 - $0.80)
Amount received=$12.20 per share
Total= ($12.20 x 5,000,000 shares)
Total = $61,000,000
Therefore When the issue is completely sold, the managing underwriter's fee will total:$12.20 per share for a total of $61,000,000
Answer:
Science or physics.
Explanation:
You didn't give us the choices
Answer:
Explanation:
1. Some of the operational and behavioral benefits that are generally attributed to a participatory budgeting process are as follows:
a) Utilization of the best knowledge of activities in a specific area, because the participants are close to daily operations.
b) Goals that are more realistic and acceptable.
c) Improved communication and group cohesiveness.
d) A sense of commitment and willingness to be held accountable for the budget.
2. Four deficiencies in Patricia Eklund’s participatory policy for planning and performance evaluation, along with recommendations of how the deficiencies can be corrected:
Deficiencies Recommendations The setting of constraints on fixed expenditures includes uncontrollable fixed costs, thereby mitigating the positive effects of participatory budgeting. Rewards should be based on meeting budget and/or organizational goals or objectives. The arbitrary revision of approved budgets defeats the participatory process. The contingency budget should be separate, over and above each department’s srcinal submission. The division manager holds back a percentage of each budget for discretionary use. Managers should be involved in the revision of budgets. Managers could submit a budget with programs at different levels of funding. Evaluation based on budget performance must be accompanied with intrinsic rewards. Divisional constraints could be at a budget "kick-off meeting;however individual limit of controllable expenses should be set by each manager
