Answer:
Yes is True that when a firm initiates or increases a cash discount, the net effect on the accounts receivable investment is difficult to determine because the nondiscount takers paying earlier will reduce the accounts receivable investment, while the new customer accounts will increase this investment.
Explanation:
Accounts Receivable is any amount of money owed by customers for purchases made on credit. It is an asset account on the balance sheet since it is money due in the short run.
As a current asset, Accounts Receivable is an important aspect of a businesses' fundamental analysis used to measures a company's liquidity or ability to cover short-term obligations without additional cash flows.
Accounts receivable Investment will be reduced if the firm initiates or increases a cash discount.
Answer:
90.3 ; 157.4 ; 176.9 ; 79.9
Explanation:
Given that:
Estimated demand trend line (in millions of kilowatt hour) for North Dakota Electricity company is :
D = 80.0 + 0.45Q,
Q = quarter number
Quarter Factor (Index)
Winter 0.72
Spring 1.25
Summer 1.40
Fall 0.63
In year 26 (quarters 101-104):
Energy use (E) for each quarter = (Demand * quarter factor)
Winter ; Q = 101
E = [80.0 + 0.45(101)] * 0.72 = 90.3
E = [80.0 + 0.45(102)] * 1.25 = 157.4
E = [80.0 + 0.45(103)] * 1.40 = 176.9
E = [80.0 + 0.45(104)] * 0.63 = 79.9
We can actually deduce here that the statement, "revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from customers in advance before services are performed" is true.
<h3>What is revenue?</h3>
Revenue is actually known to be the general or total income that an organization or a firm makes from sales of their goods and services. Revenue made helps to ascertain how the company is fairing in terms of sales and customer retention.
We see here that it is true that revenue is recorded whenever services have performed and the service provider has received the payment.
Learn more about revenue on brainly.com/question/24280609
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Answer:
a. $75 an hour for a total of $32,250
Explanation:
The computation of the allocation rate and how much cost is to be allocated is shown below:
Fixed cost per hour = $146,200 ÷ 3,400 hours = $43
Variable cost per hour = $32
So, the total cost per hour equal to
= Fixed cost per hour + Variable cost per hour
= $43 + $32
= $75
And, the total cost allocated is
= 430 hours × $75
= $32,250
Answer:
$90.19
Explanation:
Direct material = 52.10
Direct labour = 10
Variable manufacturing = 3
Fixed manufacturing = 21.10
Variable Admin expenses = 5.60
Fixed admin expenses = 27
Selling price = 124.1
Profit=5.3
Contribution per unit = 53.4
New order = 3900
Direct material 52.1
Direct labour =10
Variable manufacturing = 3
Variable admin expenses = 2.5
total unit variable cost = 67.6
total variable cost =3900*67.6 = 263640
Loss contribution =1650*53.4 =88110
=263640+8810 =351750
351750/3900
=$90.19