Answer:
$52,100
Explanation:
Given that,
Larry's Used Cars' first year of operations, the accounts receivable = $53,800
Company estimates that year-end receivables will not be collected = $1,700
Accounts receivable in the 2016:
= First year accounts receivables - Year end receivables not collected
= $53,800 - $1,700
= $52,100
Therefore, the accounts receivables in the 2016 balance sheet will be valued at $52,100.
Answer:
D.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal.
Answer:
6.2249%
Explanation:
Dividend yield = next dividend paid / price of the stock
Dividend yield is one of the components used in calculating the total return of a stock.
Total return = price return + dividend yield
price return is the return on a stock as a result of price appreciation
Dividend yield = $3.10 / $49.80 = 0.062249 = 6.2249%
Answer:
Transaction b and c
Explanation:
Revenue is the term of accounting which is defined as the income or money which is generated from the operations of the normal business and it involve the deductions for the returned merchandise and discounts.
It is created when the business offer some service to the clients and in return the money for the services provided by the company.
So, the transaction which generate the revenue are:
The company offered the service to customer and against it received the cash which amounts to $875.
The company offered the services to the customer on credit worth $2,300.
Therefore, these two transactions are the one which generate the revenue to the company.
Their is a check that was not recorded properly, or all the deposits for the month where not recorded.
