The amount of cash received from customers during the reporting period if its net sales are $73 million is $82 million.
Using this formula
Cash Received from Customers = Net Sales + Decrease in Accounts Receivable
Where:
Net sales=$73 million
Decrease in Accounts Receivable=$9 million
Let plug in the formula
Cash Received from Customers=$73 million+$9 million
Cash Received from Customers =$82 million
Inconclusion the amount of cash received from customers during the reporting period if its net sales are $73 million is $82 million.
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Answer:
r = 10.5%
Explanation:
Using Dividend growth model, we have the following equation:
P = D(1) / r - g
P: Stock price ($40)
D(1): Year end dividend ($3)
g: Dividend growth rate (3%)
r: required rate of return (Missing value)
By inputting numbers into the equation, we have:
40 = 3 / r - 0.03
--> r = 10.5%
Not knowing the different languages
Answer:
the number of units that generated net income is 51,429 units
Explanation:
The computation of the number of units that generated net income is shown below:
Here we have to find the break even point i.e. shown below:
= (Net income + fixed cost) ÷ (contribution margin per unit)
= ($80,000 + $100,000) ÷ ($3.50)
= 51,429 units
hence, the number of units that generated net income is 51,429 units and the same is to be considered
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