Answer:
$ 1733
Explanation:
Cost Marginal Investment in Accounts Receivable = Marginal Investment in Accounts Receivable * firm's required return on investment
Marginal Investment in Accounts Receivable = Average Investments Under proposed Plan - Average Investments Under present Plans
Average Investments in Accounts Receivable = Total variable cost of annual sales / Turn over of account receivables
Turn Over of account receivables = 360/ average collection period.
Using above formula for calculation , Answer = $ 8665 * 20% = $ 1733
From my knowledge, Lenders are the people who make them.
Answer:
is the B
Explanation:
youre welcome good luck! !
Answer:
58,350 dollars
Explanation:
In straight line depreciation, we calculate annual depreciation by using the formula shown below:
Annual Depreciation = 
Given,
Cost is 72,540
Salvage Value is 1590
Useful Life = 15 years
We have:
Annual Depreciation = 72540-1590/15 = 4730
At end of Year 3, the total depreciation would be:
4730 * 3 = 14,190
The remaining value of the item would be:
Cost - Total Depn for 3 years
72,540 - 14,190
= 58,350 dollars