I think the taxes would decrease but increase for the company
<u>Solution and Explanation:</u>
The following formula is used in order to calculate the days sales outstanding:
Days sales out standing = ( Accounts receivable divided by Sales ) multiply with 365
= $1.5 million divided by $12 million multiply with 365
After calculating we get, 45.625 days
<u>In order to calculate the capital released, the following formula is used:
</u>
= 513699
Therefore, the capital released is $513699
Answer:
Charges current production cost directly to work-in-process inventory
Explanation:
The blackflush costing is the costing method in which the present cost of production would be charged to the work in process inventory in a direct way
Therefore as per the given situation the second option is correct
ANd, the rest of the options are wrong as it does not meet the criteria
So the second option would be taken into consideration
Answer:
b. $18,000
Explanation:
The computation of outstanding checks is shown below:-
Outstanding checks as of the end of July = Start with outstanding checks as of June + Amount of checks issued in July - Amount of checks that cleared in July
= $5,400 + $38,900 - $26,300
= $44,300 - $26,300
= $18,000
Note, The $300 check was issued by a customer, not Darlene.
So, for computing the outstanding checks as of the end of July we simply applied the above formula.
The companies set their dividend payout, they generally aim for a rate that is when it is sustainable. <span>The </span>dividend payout<span> ratio is the amount of </span>dividends<span> paid to stockholders relative to the amount of total net income of a company. The amount that is not paid out in </span>dividends<span> to stockholders is held by the company for growth. The amount that is kept by the company is called retained earnings.</span>
