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Alla [95]
3 years ago
13

Hunter, Inc.'s accounts receivable increased during the year by $407,000. Its bad debt expense was $235,000, and its allowance f

or uncollectible accounts increased by $170,000. What is the amount of cash Hunter, Inc. received from customers during the reporting period if its sales were $4,470,000?
Business
1 answer:
kupik [55]3 years ago
7 0

Answer:

What is the amount of cash Hunter, Inc. received from customers during the reporting period if its sales were $4,470,000?

Cash received_____________________4235000

Explanation:

Sales __________________________ 4470000

Account receivable increase________ 235000

 

Cash received_____________________4235000

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Scenario: Red Country and Purple Country have identical aggregate production functions. The amount of physical capital stock ava
strojnjashka [21]

Answer:

d

Explanation:

8 0
3 years ago
The statement of retained earnings or the statement of stockholders' equity reconciles the net income, dividends paid, and the c
sdas [7]

Answer:

1.

Option B is the correct answer.

2.

Dividends Paid = $55 million. Thus, option C is the correct answer.

Explanation:

1.

The statement about shareholders' equity given in option A that it is the difference between the paid-in capital and retained earnings is incorrect as the retained earnings are a part of the equity of shareholders and are included in the calculation of shareholders' equity. Thus, option B is the correct answer.

2.

The Net Income earned by a company is usually treated in two ways. It is either paid out as dividends to the shareholders or is retained in the business and transferred to the retained earnings account or both. Thus, we can calculate the amount of dividends paid by the following equation.

Closing balance of retained earnings = Opening balance of retained earnings  +  Net Income for the period  -  Dividends Paid

700  =  595  +  160  -  Dividends Paid

700 + Dividends Paid =  755

Dividends Paid = 755 - 700

Dividends Paid = $55 million

4 0
3 years ago
Rolex is a prestigious brand of watch that is sold as a luxury product. It has a reputation based on quality and attention to de
blagie [28]

Answer:

Stimulus generalization

Explanation:

Stimulus generalization is a marketing technique used whereby a particular brand in this case Rolex, uses the same or similar packaging design for all or most of their product in the aim of extending goodwill to all their products. It is the tendency to respond to stimuli that are similar to the original stimulus. Companies used this technique because slight differences in product are not apparent to individuals, so individuals tend to carry the goodwill from previous product to another product on the same brand.

6 0
3 years ago
In the context of key economic considerations when entering a foreign market, the transportation infrastructure in a country mos
shepuryov [24]

Answer:

The correct answer is letter "D": roads.

Explanation:

Depending on the industry of a company conducting operations in a foreign market, such as mining, the firm is likely to need to construct <em>roads </em>to create communication means between the area where the company is to operate and where the products manufactured are going to be traded.  

<em>Foreign investment involves large amounts of money that is why some companies prefer other methods to have a presence in other countries such as franchising or licensing.</em>

6 0
3 years ago
_____ is a method of determining what sales volume must be reached before total revenue equals total costs.?
lina2011 [118]
The answer is the option d. break-even analysis.

Break-even analysis is the method in which you make the incomes equal to the costs and expenses.

The income is the function that relates number of products manufactured and sold with the income, while the costs and expenses is the function that relates the number of products with the total cost.

When you make both income and costs equals you can determine the number of products that make you even (income = costs).
7 0
3 years ago
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