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erastova [34]
3 years ago
10

At December 1, 2017, Tamarisk, Inc. Accounts Receivable balance was $17470. During December, Tamarisk had credit sales of $46800

and collected accounts receivable of $37440. At December 31, 2017, the Accounts Receivable balance is
Business
1 answer:
tatiyna3 years ago
7 0

Answer:

$26,830

Explanation:

Given that

Accounts Receivable balance = $17,470

Credit sales = $46,800

Collected accounts receivable = $37,440

The computation of Accounts Receivable balance is given below:-

= Accounts Receivable balance + Credit sales - Collected accounts receivable

= $17,470 + $46,800 - $37,440

= $64,270 - $37,440

= $26,830

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2 x (3a-b) - 3y(b-3a)​
pantera1 [17]

Answer:

6ax+9ay−2bx−3by

Explanation:

2x(3a−b)−3y(b−3a)

Distribute:

=(2x)(3a)+(2x)(−b)+9ay+−3by

=6ax+−2bx+9ay+−3by

6 0
2 years ago
If the firm is operating at full capacity and no new debt or equity is issued, what external financing is needed to support the
Bond [772]
İ dont kunov ben Türk’üm bu arada
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3 years ago
New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $500,
Triss [41]

Answer:

additional income is $11050  if the business is organized as a partnership rather than as a corporation

Explanation:

given data

investors = 10

own = 10%

earn =  $500000

corporate tax rate = 34%

personal tax rate = 35 %

to find out

How much additional spendable income

solution

we find here first income if formed as corporation in hand  that is

income if formed as corporation = earn × own ( 1 -  corporate tax ) × ( 1 - personal tax )

income if formed as corporation = 500000 × 10% ( 1 - 34% ) × ( 1 - 35% )

income if formed as corporation =$21450

and

income will be taxable if form partnership that is

income if formed partnership = earn × own ( 1 - personal tax )

put here value

income if formed partnership = 500000 × 10% ( 1 - 35% )

income if formed partnership = $32500

so

additional income is $32500 - $21450

additional income is $11050

4 0
3 years ago
True or false In a pure market economy, the government controls most actions.
Sonbull [250]
False i hope its right
5 0
3 years ago
Read 2 more answers
Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
Marina86 [1]

Answer:

A) PED = 1.1

B) demand is elastic

C) Danny's total revenue would decrease

Explanation:

we can calculate the price elasticity of demand using the formula:

PED = % change in quantity demanded / % change in price = [(300 - 250) / 250] / [(2.25 - 2.75) / 2.75] = (50 / 250) / (-0.5 / 2.75) = 0.2 / 0.18 = 1.1

since PED = 1.1, the demand is elastic

if the PED is the same when the price decreases from $2.25 to $1.75, total revenue will    :

when price = $2.25, total revenue = $2.25 x 300 = $675

when price = $1.75, total revenue = $1.75 x 373 = $652.75

*a 22.22% decrease in the price will cause a 24.44% increase (= 22.22% x 1.1) in the quantity demanded = 300 units + (300 x 24.44%) = 373.3 ≈ 373 units

5 0
3 years ago
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