<span>Monticello - </span><span>931 Thomas Jefferson Pkwy, Charlottesville, VA 22902</span>
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Answer:
$157,000
Explanation:
The calculation of estimated cash receipts from accounts receivable collections in May is shown below:-
Collections from sales of may = $200,000 × 20%
= $40,000
Collections from sales of April = $150,000 × 70%
= $105,000
Collections from sales of prior period = $12,000
Estimated Collections in May month = Collections from sales of may + Collections from sales of April + Collections from sales of prior period
= $40,000 + $105,000 + $12,000
= $157,000
So, for computing the estimated collection in may month we simply applied the above formula.
Answer:
Government's tax revenues would decrease by $1,250
Explanation:
Please refer the complete question below
Song earns $100,000 taxable income as an interior designer and is taxed at an average rate of 20 percent (i.e., $20,000 of tax). Answer the questions below assuming that Congress increases the income tax rate such that Song's average tax rate increases from 20 percent to 25 percent.
What will happen to the government’s tax revenues if Song chooses to spend more time pursuing her other passions besides work in response to the tax rate change and therefore earns only $75,000 in taxable income
If Song opts for pursuing his other passions he will end up earning $75,000 and therefore since the tax rate is now 25% he will have to pay $18,750 ($75,000 x 25%) as against the $20,000 ($100,000 x 20%) taxed previously and hence government's tax revenues would decrease by $1,250 ($20,000 - $18,750).
Answer:
B) $15.63
Explanation:
Calculation for the no-arbitrage U.S. price of one ADR
First step is to calculate the Equivalent amount of one ADR in euro
Equivalent amount of one ADR in euro = 5 ×€5
Equivalent amount of one ADR in euro = €25
Now let calculate the Dollar value of one ADR
Dollar value of one ADR = €25* €625/1,000
Dollar value of one ADR=€15,625/1,000
Dollar value of one ADR=$15.63
Therefore the no-arbitrage U.S. price of one ADR is:$15.63
Answer:
Explanation:
The formula for GDP is
GDP = C + I + G + NX
C = consumption
I = Investment by business and household purchases by individuals
G = Government Expenditures
NX = foreign trade.
The first thing you can do is knock out foreign trade.
I think you can dispense with Government expenditures as well all though a school is an arm of government.
I think investment is what you have to look at carefully because it does include charitable organizations. We'll come back to this.
Consumption is what it sounds like it sounds.
You can't answer this in any other way than to know how the company writes it off. It is an asset that goes from some value to 0. It no longer exists on their books. So it decreases their assets. It is balanced on their books by calling it an expense I think and that further has impact on their books.
So they are decreasing their value (albeit by a small amount -- they've already bought new computers).
I'm not sure about this, but I think what has happened is that the GDP is going to go down. Their investment has decreased by being written off.
