I think it's A.
If supply increases, cost decreases.
If supply decreases, cost increases.
I hope it helped you!
Answer:
Debit Bad debts expense $23,000
Credit Allowance for Doubtful Accounts $23,000
Explanation:
At December 31, 2017,
Bad debts is estimated:
8% x $325,000 = $26,000
Before adjusting, Allowance for Doubtful Accounts $3,000 credit. The company use aging method to estimate bad debts expense and Allowance for Doubtful Accounts. Bad debts expense amount will be record:
$26,000 - $3,000 = $23,000
The Journal entry:
Debit Bad debts expense $23,000
Credit Allowance for Doubtful Accounts $23,000
"I', "ME", and "My" are the answr
Answer:
Break-even points = 265.38
Explanation:
Given:
Fixed cost = $3,450
Variable costs = $12
Selling price = $25
Number of balls sold = 300
Find:
Break even costs
Computation:
Contribution per unit = Sales - Variable costs
Contribution per unit = $25- $12
Contribution per unit = $13
Break-even points = Fixed cost / Contribution per unit
Break-even points = $3,450 /$13
Break-even points = 265.38
Answer:
r = 0.10666841 or 10.666841% rounded off to 10.67%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0* (1+g) / (r - g)
Where,
- D0 * (1+g) is dividend expected for the next period
- r is the required rate of return
By plugging in the available values for P0, D0 and g, we can calculate the value of r to be,
76.48 = 4.32 * (1+0.0475)/ (r - 0.0475)
76.48 * (r - 0.0475) = 4.5252
76.48r - 3.6328 = 4.5252
76.48r = 4.5252 + 3.6328
r = 8.158 / 76.48
r = 0.10666841 or 10.666841% rounded off to 10.67%
3.6 / 40 = g
g = 0.09 or 9%
