Does someone know how much is t he new MacBook pro 2020 (1,200) but with the student discount ?

Swifty Company had net credit sales during the year of $1450000 and cost of goods sold of $700000. The balance in accounts recei

Anarel [89]

Answer:

Account Receivable Ratio = 10

Explanation:

Account Receivable Turnover Ratio:

The Account Receivable Turnover Ratio is an accounting measure that indicates the effectiveness of company's ability to collect its receivables from its customers.

A high turnover ratio represents good credit policy and aggressive collections department with good portfolio of customers.

A low turnover ratio indicates excess amount of old receivables being tied up in working capital.

Formula: Net Credit Sales ÷ (Opening receivable + closing receivable/2)

Receivable Turnover Ratio = $ 1,450,000 ÷ ( $200,000+$90,000/2)

=$1,450,000 ÷ $145,000

= 10

3 0

3 years ago

If I read 12 pages in 15 minutes how many pages while I read in two hours

N76 [4]

Answer:

96 pages in two hours

Explanation:

You can read 48 pages in 1 hour because 15 x 4 is 60, and 12 x 4 is 48. So you just double 48 and you get 96.

3 0

3 years ago

Read 2 more answers

Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western S

Harrizon [31]

Answer:

1. Direct Materials Budget Units( bottles) 66,000 102,000 140,000 94,000 Total 452,000

2. Costs Raw Materials $ 297,000 $ 459,000 $ 630,000 $ 423,000

Total 2034,000

Explanation:

Direct Materials Budget in Bottles & Grams

Year 2 Year 3

First Second Third Fourth First

Budgeted production, 60,000 90,000 150,000 100,000 70,000

Desired Ending Inventory

20 % 0f the Production 18,000 30,000 20,000 14,000

Less Beginning Inventory

36,000/ 3 12,000 18,000 30,000 20,000 14,000

D. Materials Budget 66,000 102,000 140,000 94,000

Grams in a Bottle 3 3 3 3

Raw Materials gms 198,000 306,000 420,000 282,000

Costs $1.50 $1.50 $1.50 $1.50

Costs Raw Materials $ 297,000 $ 459,000 $ 630,000 $ 423,000 

We add the desired ending inventory to the budgeted production and subtract the beginning inventory to get the direct materials budget in bottles. This is again multiplied with 3 gms and the cost per gram to get the total costs of the total grams. Each bottle contains 3 grams.

Direct Materials Budget in Bottles & Grams

Year 2

First Second Third Fourth Total

Budgeted production, 60,000 90,000 150,000 100,000 450,000

Add Desired Ending Inventory

20 % 0f the Production 18,000 30,000 20,000 14,000 82,000

Less Beginning Inventory

36,000/ 3 12,000 18,000 30,000 20,000 80,000

D. Materials 66,000 102,000 140,000 94,000 452,000

Grams in a Bottle 3 3 3 3 3

Raw Materials 198,000 306,000 420,000 282,000 1356,000

Costs $1.50 $1.50 $1.50 $1.50 1.50

Costs Raw Materials $ 297,000 $ 459,000 $ 630,000 $ 423,000 

Total $ 2034,000

3 0

4 years ago

At December 31, Hawke Company reports the following results for its calendar year.

kodGreya [7K]

The adjusting entries for acknowledging the bad debts would be:

a). Bad Debts Expense $50 640

Allowance for Doubtful Accounts $50 640

b). Bad Debts Expense $48089.1

Allowance for Doubtful Accounts $48089.1

Bad debts:

Bad debts are described as debts that are unable to be recovered from their respective debtors.

The key reasons for this could be:

The debtor is bankrupt and cannot pay the amount.
The debtor flees away and thus, can't be compelled to pay.

The given amounts are obtained as follows:

a). Given that,

Bad debts is 1.5% of credit sales.

Credit Sales = $3,376,000

Bad debts = 1.5% of $3,376,000

∵ Bad debts = 1.5/100 * $3,376,000

= $50 640

b). Given that,

Bad debts = 1 % of total sales.

Total Sales = Credit sale + Cash sale

= $3,376,000 + $1,432,910

= $4808910

Bad debts = 1% of 4808910

∵ Bad debts = 1/100 * $4808910

= $48089.1

Learn more about 'Journal entries' here:

brainly.com/question/17439126

3 0

3 years ago

Help soon! Its Sunday and i have too much over due homework ;-;

NARA [144]

Answer:

the first one at the left goes with the third one on the left.

the second on the left goes with the second one .

the third one goes with the first one

and the last one goes with the last one

8 0

3 years ago

Does someone know how much is the new MacBook pro 2020 (1,200) but with the student discount ?​

Does someone know how much is the new MacBook pro 2020 (1,200) but with the student discount ?