Answer:
Write the full question a so I can answer?
<em>Explanation</em>:
Second Quarter Sales budget
<u>Forecasted Physical Exam. (Basic at $95 per exam and Extended at $150)</u>
July
Basic > 240 =95*240=23,040
Extended > 165 = 150*165=25,200
August
Forecasted Physical Exam.
Basic > 250 = 95*250=23,750
Extended > 215 =150*215=32,250
September
Forecasted Physical Exam.
Basic > 80 =90*80 =7,200
Extended > 90 =150*90 =13500
Total Gross Sales
Basic=$53,990
Extended=$70,950
Answer:
$3,400,000
Explanation:
The computation of the credit sales is shown below:
As we know that
Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers
$750,000 = $550,000 + credit sales - $460,000 - $4,060,000
$750,000 = $4,150,000 + credit sales
So, the credit sales is
= $4,150,000 - $750,000
= $3,400,000
Simply we applied the above formula
Answer:
c.Head of the contracting activity
Explanation:
Answer:
C) $128.15
Explanation:
The computation of the intrinsic value of Innovative Components’ equity per share is shown below:
= Retained earnings ÷ number of shares issued × PE ratio
= $2,014,802 ÷ 402,500 shares × 24.6
= $128.15
We simply applied the above formula so that the intrinsic value of Innovative Components’ equity per share could come
and ignored the company PE ratio of 24.6