The _____ perspective of management emerged several decades before the ____

Describe what would be some examples of fixed cost and variable cost on a farm?

EleoNora [17]

Machinery repairs, property taxes, salaries for workers variable: number of workers, what crop is being produced, gas for machinery.

4 0

4 years ago

Read 2 more answers

Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2016, accounts receivable totaled $720,000. Th

Yuki888 [10]

Answer:

Journal

Date Account Titles and Explanation Debit Credit

Allowance for uncollectible accounts $30,500

Accounts Receivables $30,500

(To write off uncollectibles during the year)

Journal

Date Account Titles and Explanation Debit Credit

Account receivables $3,100

Allowance for uncollectible accounts $3,100

(To reinstate receivables written off earlier)

Journal

Date Account Titles and Explanation Debit Credit

Cash $3,100

Account receivables $3,100

(To record the recovery of bad debts)

Journal

Date Account Titles and Explanation Debit Credit

Bad debt expenses $48,000

Allowance for uncollectible accounts $48,000

(To record bad debts expenses)

<u>Workings</u>

Closing allowance = Opening allowance - Receivables written off + Receivables reinstated = $51,000 - $30,500 + $3,100 = $23,600

Expenses Bad debt = Receivables at the end of 2016 * Estimated percentage = $720,000 * 10% = $72,000

Allowance to be created = Estimated bad debts - Balance of Allowance at year end = $72,000 - $23,600 = $48,400

4 0

3 years ago

involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance. a. Con

VashaNatasha [74]

Answer:

The correct answer is (B)

Explanation:

Determining the budget is important before starting a project. In planning a feasibility analysis, the most important factor is to carefully design the budget as it is a critical part of the planning and implementing a project. The budget helps to overcome all the problems related to the overall cost estimation of the project and it also helps to measure the overall performance of a project.

3 0

3 years ago

Juggernaut Satellite Corporation earned $19.6 million for the fiscal year ending yesterday. The firm also paid out 30 percent of

grandymaker [24]

Answer:

The required rate of return on the stock is 12.55%

Explanation:

According to the given data we have the following:

The Company is distributing 30% of its earnings as dividends

Therefore, company is retaining = 100-30 = 70% of its earnings

Growth = Retention ratio * ROE = 0.7*0.14 = 9.8%

Earning = 19.6 million

hence, Paid as dividends = 19.6*0.3 = $5.88 million

The Number of shares outstanding = 2.8 million

hence, Dividend per share = Total dividends / number of shares outstanding = 5.88/2.8 = $2.1

Current stock price = $84

Therefore, to calculate the required rate of return on the stock we would have to use the following formula:

Price of stock = Current dividend*(1+growth)/(r-growth), where r is required rate of return

84 = 2.1*(1.098)/(r-0.098)

40 = 1.098/(r-0.098)

r - 0.098 = 0.02745

r = 0.02745+0.098 = 0.12545

The required rate of return on the stock is 12.55%

4 0

3 years ago

Dove Corporation, a calendar-year C corporation, had the following information for 2019:

elixir [45]

Answer:

$1,032,260

Explanation:

Dove's unappropriated retained earnings balance as of December 31, 2016 = Unappropriated retained earnings balance on January 1, 2016 + Net income - Dividends distributions.

= 796,010 + 386,250 - 150,000.

= $1,032,260

Unappropriated retained earnings balance of Dove corporation as on December 31, 2016 is $1,032,260

3 0

4 years ago

The _____ perspective of management emerged several decades before the _____ perspective of management.

The _ perspective of management emerged several decades before the _ perspective of management.