The net quantity of property, plant, and equipment suggested in the balance sheet normally is equal to capital expenditures.
A capital expenditure is cash invested via a agency to gather or upgrade fixed, physical, non-consumable assets, such as a building, a computer or a new business.
<h3>What are capital expenditures examples?</h3>
Also acknowledged as capital expenses, capital bills include the buy of objects such as new equipment, machinery, land, plant, buildings or warehouses, furnishings and fixtures, business vehicles, software, or intangible belongings such as a patent or license.
Learn more about capital expenditures here:
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Answer:
8.3 times
43.8 days
Explanation:
Accounts receivable turnover measure the average times the company received their receivable, It measure the efficiency of the company regarding collection from customers. Turnover will be higher if company has low ratio of receivables to sales value.
Average Receivable can be calculated as below
Average Receivable = (Accounts Receivable at the beginning of the year + Accounts Receivable at the end of the year) / 2 = ($50,000 + $70,000)/2 = $60,000
Net Sales = $500,000
Formula for Accounts receivable turnover is as follow
Accounts receivable turnover = Net Sales / Average Receivable
Accounts receivable turnover = $500,000 / $60,000 = 8.3 times
Days Sales Receivable is also know as Days receivables. It is an method of estimation of a company for the receivables value. it measure the numbers of days at average account receivable take after sales to convert into cash.
Formula for Days Sales Receivable is as follow
Days Sales Receivable = ( $60,000 / $500,000 ) x 365 = 43.8 days
Answer:
"so that your employer does not hold out too much or too little in taxes
Explanation:
The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.
Answer:
Revealed by.
Explanation:
Revealed is to make (previously unknown or secret information) known to others.
Answer:
The Break-even annual sales= $2,222,222.22
Explanation:
<em>The break-even sales is the amount of revenue that a business must generate that would equate its total costs to total revenue. At the break even sales, the contribution is exactly to total iced cost, and the business makes no profit or loss</em>
Contribution margin ratio = (20-5)/20=75%
Break-even (units) = Total general fixed cost /(selling price- variable cost)
= 5,000,000/75%
= $6,666,666.67
The annual sales = $6,666,666.67/3 = $2,222,222.22
The Break-even annual sales= $2,222,222.22
