Answer:
$429,200
Explanation:
Considering the above information, cash collected from customers by Planet Corporation in 2017 would be;
= Accounts receivable January 1, 2017 + Sales on accounts and cash sales - Accounts receivables January 31, 2017
= $21,600 + $438,000 - $30,400
= $429,200
Answer: All operate under the general laws of the state of Texas for the operation of county government.
Explanation: County officials are also members of the community, in where they are obliged to pay all necessary taxes as do and also drive on public roads as you do too.
Answer:
Net income is $189,000
Explanation:
Net income for the year = Revenue - Expenses
= $339,000 - $150,000
= $189,000
Answer:
Ke = Rf + β(Rm - Rf)
Ke = 4.3 + 1.12(13.2 - 4.3)
Ke = 4.3 + 1.12(8.9)
Ke = 4.3 + 9.968
Ke = 14.268%
Explanation:
In this question, there is need to calculate cost of equity based on capital asset pricing model. Cost of equity is a function of risk-free rate plus beta multiplied by the difference between market return and risk free rate.
revolving credit agreement
