Answer:
A) The account receivables turnover is 15, and B) the number of days sales in receivables is 24.3 days.
Explanation:
A) FORMULA FOR ACCOUNT RECEIVABLES TURNOVER =
NET SALES / AVERAGE ACCOUNT RECEIVABLES
Given information -
Net sales = $1500,000
Average account receivables = $100,000
Putting the values in formula -
= $1500,000 / $100,000
= 15
B) FORMULA FOR NUMBER OF DAYS SALES IN RECEIVABLES =
365 / ACCOUNT RECEIVABLES TURNOVER
= 365 / 15
= 24.3 DAYS
Answer:
B. a debit to Interest Expense for $ 42 comma 750.
C. a credit to Cash of $ 137 comma 750.
Explanation:
Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.
As per given data
Principal Payment = $95,000
First Interest payment = $475,000 x 9% = $42,750
Total Payment = $95,000 + $42,750 = $137,750
Journal Entry for first payment
Dr. Interest Expense $42,750
Dr. Not Payable $95,000
Cr. Cash $137,750
<u>Answer:</u>
- BEP = EBIT / Total Assets
BEP = $2,451 / $43,000 = 0.057
-
Profit Margin = Net Profit / Sales
Profit Margin = $990 / $51,600 = 0.0192
-
Operating Margin = Operating Profit / Sales
Operating Margin = $2,451 / $51,600 = 0.0475
-
Dividends per share = Dividend paid to Shareholders / Number of shares outstanding
Dividends per share = $346.67 / $500 = 0.69334
-
EPS = Net Income available to Shareholders / Number of shares outstanding
EPS = $990 / $500 = $1.98
- P/E ratio = Market price per share / EPS
P/E ratio = $23.7 / 1.98 = 11.97
-
Book value per share = Shareholders Equity / Shares outstanding
Book value per share = $15,265 / $500 = $30.53
-
Market-to-book ratio = Market Value per share / Book value per share
Market-to-book ratio = $23.7 / S30.53 = 0.7763
-
Equity Multiplier = Total Assets / Shareholders Equity
Equity Multiplier = $43,000 / $15,265 = 2.82
Answer: LinkedIn Showcase Pages
Explanation: In simple words, showcase pages refers to the added feature which extends the traditional linked in page of the users. By using this feature customers of linked in can spotlight brand ,business unit or an initiative.
This feature was introduced for the niche audience of the website to create a memorable experience for them as they will be able to share their unique content.
This feature wide's the approach of the users as a showcase user can also tag companies and individuals in a showcase page to get their attention.