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DiKsa [7]
3 years ago
5

Williamson Distributors separates its accounts receivable into three age groups for purposes of estimating the percentage of unc

ollectible accounts. Accounts not yet due = $35,000; estimated uncollectible = 5%. Accounts 1–30 days past due = $10,500; estimated uncollectible = 15%. Accounts more than 30 days past due = $4,500; estimated uncollectible = 25%. Compute the total estimated uncollectible accounts.
Business
1 answer:
stiv31 [10]3 years ago
6 0

Answer:

$4,450

Explanation:

The computation of the total estimated uncollectible accounts is shown below:

= Accounts not yet due × uncollectible percentage + Accounts 1–30 days past due × uncollectible percentage + Accounts more than 30 days past due × uncollectible percentage

= $35,000 × 5% + $10,500 × 15% + $4,500 × 25%

= $1,750 + $1,575 + $1,125

= $4,450

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What would you pay for an investment that pays you $49000 at the beginning of each year for the next ten years? Assume that the
mr_godi [17]

Answer:

$360,644

Explanation:

The computation of the amount paid for an investment is as follows:

= Payment made × ((1 - (1 + rate of interest)^-number of years) ÷ rate of interest

= $49,000 × ((1 - (1 + 0.06)^-10) ÷ 0.06)

=$360,644

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the amount paid for an investment is $360,644

6 0
3 years ago
Kier Company issued $700,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 4-year term to mat
mezya [45]

Answer: Interest expense = $45500

Cash outflow = $45500

Explanation:

Based on the information that were given in the question, the amounts of interest expense and cash flows from operating activities, that will be reported in the financial statements for the year ending December 31, Year 1 will be calculated thus:

Interest expense = $700,000 × 6.50%

= $700,000 × 0.065

= $45500

The interest expense of $45500 will be reported on December 31, Year 1 in the income statement and will also be reported in the cash outflow as well. Therefore,

Interest expense = $45500

Cash outflow = $45500

5 0
3 years ago
If the American company Stryker builds and operates a new factory in France, a. it engages in foreign direct investment. By itse
Iteru [2.4K]

Answer:

(D) - It engages in Foreign Direct Investment, which by itself raises US net capital outflow

Explanation:

Foreign Direct Investments (FDIs) are investments in physical assets, infrastructures, etc and other long-term assets made in a foreign country. They differ from Foreign Portfolio Investments (FPIs) which are investments in stocks, bonds, treasury securities and other listed securities which can be sold easily in financial markets. For instance, when a US-based corporation invests in the stocks or bonds of a French company, this is FPI. Whereas, when the US-based corporation establishes a company in France by investing as plants and machinery, this is FDI.

FDIs requires cash commitment for investing in the foreign nation. However, because the assets created as a result of these investments are owned by the originating country, it increases the volume of assets the country has abroad leading to an increase in net capital outflow. Net Capital Outflow is the volume of capital investment made by a nation in other countries, less the capital investment made by other countries into the nation.

Therefore, when Stryker builds and operate a new factory in France, it engages in Foreign Direct Investment. By itself this action raises US net capital outflow.

4 0
4 years ago
Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather t
Anettt [7]

Please see the complete question below.

Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather than advertise the job, management has the human resource management department look through its files for people in the organization who have the needed skills. This recruitment method is known as ______.

A. open recruitment

B. employee referrals

C. closed recruitment

D. targeted recruitment

Answer:

The answer is closed recruitment (option C)

Explanation:

Closed Recruitment can be defined as the type of recruitment that takes place 'in house'. In other words, there is no need for an external advertisement of vacancy because candidates needed to fill in vacant job roles or positions of a firm are selected from the existing pool of employees in the firm. Firms carry out closed recruitment by looking into the files of people who have the skills needed to occupy the vacant role and selecting/appointing who is best fitted for the role.

6 0
4 years ago
The agreements that allow McDonald's franchisees around the globe to use McDonald's trademarked name and menu items represent, i
photoshop1234 [79]

Answer:

The remaining part of the question is:

McDonald's trademarked name and menu items represent, in essence, which form of market entry?

A) joint ventures

B) franchising

C) 100% ownership

D) exporting

E) acquisition

Correct Answer:

B) <u>franchising </u>

Explanation:

Franchising is a business model whereby a company that their specialty is in retailing industry, as well as the fast-food industry, adopts a global expansion through other companies by licensing their business name and trademarks to them.

6 0
4 years ago
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