Answer:
$488.77
Explanation:
Rates : 8%
Sales : 167,500
A/R : 18,500
Days in Year 365
Sales/Day: 458.90
DSO : 40
Industry DSO : 27
(x / 167,500) x 365 = 27
Solve x = 12,390.41
x = This is the sum to be deducted for receivable accounts.
18500 - 12,390.41 = 6,109.59 decrease in Accounts Receivable
6,109.59 x 8% = 488.77
Interest earned and net revenue generated.
Answer:
Gross profit= $4.75
Explanation:
Giving the following information:
Product Z2:
$2.00 of direct materials
$3.40 of direct labor.
sold for $11.00.
Designated overhead at the rate of 25% of direct labor costs.
Gross profit= sales - direct material - direct labor - manufacturing overhead
Gross profit= 11 - 2 - 3.4 - (3.4*0.25)= $4.75
Answer:
Changes the ownership structure of a company from public to private.
Explanation:
A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company.
It is known to change the ownership structure of a company from public to private.
This is because it isn't usually sanctioned by the target company. It is also seen as ironic in that a company's success, in terms of assets on the balance sheet, can be used against it as collateral by a hostile company.
The additional expenses required in order to avoid keeping currency during periods of inflation are known as shoe leather costs.
<h3>What do you know about holding cash?</h3>
The reasons for keeping cash are pretty straightforward. Cash inflows and outflows may balance each other out, or the outflows occasionally exceed the inflows. Hence, to cover up these eventualities, organizations hold cash to meet certain unpredictable situations.
The term "transaction motive" refers to the need for cash that a business has for ongoing operations. In general, the business needs cash to pay employees' salaries, rent, pay for labor, acquire items, and other expenses. On the receiving side, the business receives money from customers, debtors, and other sources. The inflows and outflows do not always coincide. As a result, the company keeps some cash on hand to fill this shortfall.
To know more about holding cash, visit:
brainly.com/question/15522054
#SPJ4.
