Answer:
The total value of this firm if you ignore taxes is $16 million.
Explanation:
Considering that the company has decided to borrow $1 million to buy out the shares of a deceased stockholder who holds 2,500 shares, hence to calculate the total value of the firm we have to first make the following calculation:
$1,000,000÷2,500= 400
Hence, Total value of the firm= 400×40,000 shares of stock outstanding
= $16 million is the total value of this firm if you ignore taxes.
<span>Customer feedback is the main driver of customer metrics. These scores and responses can help a business understand which competencies they are succeeding in and which need adjustment or retraining. In addition, these metrics can measure the attitudes that customers have toward a company and how the company is presenting itself to the public.</span>
Answer:
A. the accumulated benefit obligation is less than the fair value of pension plan assets.
Answer:
Customer Relationship Management (CRM)
Explanation:
CRM is is the terminology that refers to the processes, techniques and technology that organizations use to manage and evaluate customer interactions and data during their customer life cycle, with the goal of optimizing customer service relationships and helping to maintain and drive customers.
Answer:
$49,690 credit balance
Explanation:
total credit sales = $590,000
past due up to 180 days = $110,000
past due for more than 180 days = $79,000
Crimson expects to not collect:
- 3% of credit sales not due yet = $590,000 x 3% = $17,700
- 14% of credit sales past due up to 180 days = $110,000 x 14% = $15,400
- 21% of credit sales past due for more than 180 days = $79,000 x 21% = $16,590
- total = $49,690
Allowance for uncollectible amounts has $3,500 debit balance
the adjusting entry should be:
Dr Bad debt expense 53,190
Cr Allowance for uncollectible accounts 53,190
The ending balance = $53,190 - $3,500 = $49,690
