_______ occurs when conflicted parties seek an agreement through direct negotiation.

Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information r

Lera25 [3.4K]

Answer:

Collection from Customers =$487,000

Explanation:

Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance

=97000+$519,000-$65,000

=$487,000

7 0

3 years ago

Assume that you can receive $500,000, $515,000, and $600,000 over a 3 year period and the present value of those sums at 8% is $

bagirrra123 [75]

Answer:

present value = $500,000/1.08 + $515,000/1.08² + $600,000/1.08³ = $1,380,791.80

you calculated the present value correctly, assuming that you receive the annual payments at the end of each year (ordinary annuity).

but if you receive the annual payment at the beginning of the year (annuity due) = $500,000 + $515,000/1.08 + $600,000/1.08² = $1,493,255

it's not exactly the same value, but it is much closer and you could assume that the difference is due to rounding: ($1,493,255 - $1,495,370) / $1,495,370 = -0.1%

7 0

3 years ago

On January 1, Skysong, Inc. had 90,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $5

timama [110]

Answer:

No. of shares outstanding = A

Par Value (at $5) = B

Additional Paid in capital in excess of Par = C

Dividend = D

A B(A*$5) C D

Jan 1 balance 90,500 $452,500 $0

shares

Add: Issued Apr 1 21,000 $105,000 $294000

shares

June 30 Balance 111,500 $557,500 $294,000 $111,500

shares [111,500 shares x $1]

Add: Dec 1 Issued 2,500 shares $12,500 $32,500

Dec 31 Balance 114,000 $570,000 $326,500 $490,200

[114,000 shares x $4.3]

Journal Entries based on above

Date Accounts Titles Debit Credit

15-Jun Dividends $111,500

Dividends payable $111,500

10-Jun Cash $111,500

Dividends $111,500

15-Dec Dividends $490,200

Dividends payable $490,200

6 0

3 years ago

At the beginning of December, Global Corporation had $2,100 in supplies on hand. During the month, supplies purchased amounted t

kifflom [539]

Answer:

DR Supplies expense $2,800

CR Supplies $2,800

Explanation:

Opening Balance $2,100

Add Purchases $3,500

Total $5,600

Closing Balance $2,800

To determine usage for the month

=Total supplies - Closing Balance of Supplies

= $5,600 - $2,800

= $2,800

Usage for the month = $2,800

DR Supplies expense $2,800

CR Supplies $2,800

6 0

3 years ago

Read 2 more answers

When selecting a media vehicle, a media planner calculates the total cost of using a particular medium at the?

oksano4ka [1.4K]

When selecting a media vehicle, a media planner calculates the total cost of using a particular medium at the cost per thousand persons reached. Option A

This is further explained below.

<h3>What is the total cost?</h3>

Generally, When discussing economics, the phrase "total cost" refers to the least amount of money spent on creating a certain amount of product.

In conclusion, A media planner will determine the entire cost of utilizing a given medium by calculating the cost per thousand people reached prior to making a decision on which media vehicle to use. Alternative A