What is true about investment and risk

The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance $500

$3,800 $3,800

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

8 0

3 years ago

As part of their marketing strategy, companies will identify a _______, a group of similar people whose interest the company wan

Alina [70]

As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.

<h3>What is a target market?</h3>

A target market is a group of customers which could be in the same area that have interest in a particular product.

They are usually identified as the most likely buyers of a product or service.

Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.

For more information on target market kindly check

brainly.com/question/24967768

5 0

2 years ago

The owners of hotels whose services are produced and consumed at the same time know that consumers do not have the opportunity t

mixer [17]

Answer:

E) Satisfaction Guarantees

Explanation:

Satisfaction Guarantees also called Money-Back Guarantee is basically a straightforward assurance that a refund will be produced if a purchaser is not satisfied with a product or service.

This term is widely used in advertisements or commercials advertising a product or service and has been used for a long time as a marketing strategy.

8 0

3 years ago

Personal Consumption Expenditures$4,500 Consumption of Fixed Capital150 Gross Private Domestic Investment800 Government Purchase

Natali [406]

Answer:

The GDP in this economy is $6,230 billion.

Explanation:

The GDP can be calculated using the following formula:

Y = C + I + G + (X - M) ....................................... (1)

Where:

Y = GDP of the economy

C = Personal Consumption Expenditures = $4,500

I = Gross Private Domestic Investment = $800

G = Government Purchases = $950

X = Exports = $65

M = Imports = $85

Substituting the values into equation (1), we have:

Y = $4,500 + $800 + $950 + ($65 - $85)

Y = $6,250 - $20

Y = $6,230

Since the figures are in billions of dollars, the GDP in this economy is therefore $6,230 billion.

8 0

2 years ago

The basic WACC equation The calculation of WACC involves calculating the weighted average of the required rates of return on deb

meriva

Answer:

$R{_s}$ is the symbol of cost of raising capital from retained earnings.

Weight of common equity = c) 0.32

Explanation:

$R{_s}$ is the symbol that represents the cost of raising capital through retained earnings in weighted average cost of capital.

Wyle Co.

Total of capital structure = Debt + Preferred Stock + Common Equity

= $3.9 million + $3 million + $3.3 million = $10.2 million

Weight on common equity = Equity/Capital structure

= $\frac{3.3 million}{10.2million}$ = 0.32

As weight is share of common equity out of total capital. It can be stated in percentage or decimal value.

$R{_s}$

C) 0.32

7 0

3 years ago