Solution:
1% x $88,000 = $880
That's the noncollectable estimate
$88,000 - $880 = $87,120
That's the approximate amount to be collected.
Since $69,600 has already been collected, that leaves $17,520
[ $87,120 -$69,600= $17,520 ]
This is realized but not taken into account.
The amount of net realizable value of receivables on the December 31, Year 1 balance sheet would be: $17,520
Answer:
D. Today()
Explanation:
Date value function: This function converts the date form into the text form. For example, The date is 21/08/2019 so, this function coverts August 21, 2019.
Now function: This function shows the current date and the time which is actually shown in the computer system.
Date function: In this function, we take the month, date, and the year simultaneously, so that it can become the valid date.
Today function: This function works when the user wants the date of a particular thing. It can be the current date, backdate or forward date
So, in the given situation, the director wants how many days have elapsed, so for this, we use the today() function.
The correct option is marginal utility.
<span>This is the additional satisfaction a consumer gains from consuming one more unit of a good or service. It claims that </span><span>there is a decline in the </span>marginal utility<span> that person derives from consuming each additional unit. </span>Marginal utility<span> is an important economic concept as it determines how much of an item a consumer will consume.</span>
Answer:
Dividend Yield = 3%
Equity cost of capital = 10%
Explanation:
Dividend yield is a financial ratio which is used by investors to assess a company's annual dividend payout in comparison of its stock price. The formula for dividend yield ratio is :
Annual dividend / Stock price
$0.75 / $25 = 3%
Equity cost of capital is the rate of return required by the investors of equity. This is the rate which a company must pay to raise funds. The formula for finding equity cost of capital is :
Dividend Yield + (Expected Stock price - Stock price today) / Stock price today
3% + ($26.75 - $25 ) / $25 = 10%
With $500.00 account paying 4% interest in a year, it would take 25 years to double the money. Yearly interest is at $20.00.