Answer:
Hurdle rate of return.
Explanation:
A hurdle rate can be regarded as minimum rate of return that is been required by an investor or manager
on a particular project or investment.
The hurdle rate gives the description of the appropriate compensation as regards level of risk present. There are
higher hurdle rates associated with riskier projects.
It should be noted that A minimum acceptable rate of return for an investment decision is called the Hurdle rate of return.
Answer:
OC. Radio.
Explanation:
In all the other ones you can see and know what you might be expecting. But in radio, you don't know what to look for or what to expect.
Answer:
$250,000
Explanation:
The purchase discount will change the value of net purchases and thus, ending invenotry and cost of goods sold not revenues.
The recovery of accounts written off comes from a previous sales which alter the allowance for doubtful account and bad debt expense but this do not alter the revenues for the period.
Only sales of the period represent revenues.
Answer:
(a) $200,100
(b) $200,100
Explanation:
The movement in the accounts receivable balance at the start and end of an accounting period is due to cash payments, additional credit sales, and any amount written off during the period.
This may be expressed mathematically as
opening balance + sales - cash collected - amount written off = closing balance
$35,100 + $361,800 - cash collected = $196,800
Cash collected = $35,100 + $361,800 - $196,800
= $200,100
