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Umnica [9.8K]
3 years ago
13

Beachside co. sells two products, skis and snorkels. last year beachside sold 12,600 units of skis and 23,400 units of snorkels.

related data are: product unit selling price unit variable cost unit contribution margin skis $120 $80 $40 snorkels 80 60 20 what was beachside co.'s sales mix last year?
a. 30% skis, 70% snorkels
b. 60% skis, 40% snorkels
c. 35% skis, 65% snorkels
d. 12% skis, 28% snorkels
Business
1 answer:
Nimfa-mama [501]3 years ago
7 0

Total No of Units=12600+23400

=36000 units

Ski=12600/36000=35%

Snorkel=23400/36000=65%

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Using the following information: 12/31/17 Accounts receivable $526000 Allowance (35700 ) Cash realizable value $490300 During 20
yawa3891 [41]

Answer:

The change in the cash realizable value from the balance 12/31/17 to 12/31/18 was $37,840 increase.

Explanation:

Cash realizable value of accounts receivable is simply the amount that is deemed recoverable after factoring the portion that is uncollectible.

The effects of the transactions during the year are as follows:

Sales on account:

Debit Accounts receivable                            $145,400

Credit Sales revenue                                     $145,400

<em>(To recognize the sales on account)</em>

Collections on account:

Debit Cash                                                      $100,000

Credit Accounts receivable                           $100,000

<em>(To recognize collections on account)</em>

Write-off:

Debit Allowance for doubtful accounts            $3,960

Credit Accounts receivable                               $3,960

<em>(To recognize write-off of outstanding accounts receivable)</em>

Therefore, the effects of the foregoing journals on Accounts receivable are: $526,000 + $145,400 - $100,000 - $3,960 = $567,440.

As at 12/31/18, cash realizable value would be $567,440 - $39,300 = $528,140. The change in the cash realizable value from the balance at 12/31/17 to 12/31/18 was therefore $528,140 - $490,300 = $37,840 (increase).

7 0
3 years ago
If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today
jonny [76]

<u>Complete Question:</u>

Tattletale News Corp. has been growing at a rate of 20% per year, and you expect this growth rate in earnings and dividends to continue for another 3 years.

a. If the last dividend paid was $10, what will the next dividend be? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Dividend  $

b. If the discount rate is 21% and the steady growth rate after 3 years is 2%, what should the stock price be today? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Stock price  $

Answer:

Requirement A. $12 per share

Requirement B. $44.14 per share

Explanation:

Requirement A.

The next dividend can be calculated using the following equation:

Next Dividend = D0 * (1 + g)

Here

D0 is the current dividend which is $10 and g is the Growth Rate which is 20% for the first three years

By putting values, we have:

Next Dividend = $10 * (1 + 20%)

= $12 per share

Requirement B.

Year  Dividend  Growth Rate  New Dividend

1               10                      20%           12

2               12                      20%                 14.40

3                 14.4                     20%         17.28

4            17.28                    2%                   17.63

Stock Price = $17.63 * (1 + 2%) / (21% - 2%) = $94.62

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Stock price at year0 = $94.62 / (1 + 21%)^4 = $44.14 per share

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sleet_krkn [62]

Answer:C. The price per stock declined from 2008 to 2009

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Buying on margin is basically borrowing money from your broker that you don't necessarily have at the time to buy additional shares. You must have a margin account, which is separate from your cash account. Usually you are able to borrow up to 50% of the new stock price.

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the value of the marginal product of any input is equal to the marginal product of that input multiplied by the:_____.
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The value of the marginal product of any input is equal to the marginal product of that input multiplied by the: <u>market price</u>  of the output.

<h3>How to find the marginal product?</h3>

The marginal product can be defined as the change that occur due to the  addition of an output to  a unit of  input .

The value of marginal product can be calculated by making use of this formula

Value of Marginal Product = Marginal physical product × Average revenue price of the product.

Therefore the statement that complete the statement is market price  of the output.

Learn more about marginal product here:brainly.com/question/14867207

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