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lara31 [8.8K]
3 years ago
5

The following information is related to December 31, 2016 balances.

Business
1 answer:
Gennadij [26K]3 years ago
3 0

Answer:

$466400 increase.

Explanation:

During 2017,

Sales on account                       $373,000

Collections on account             $212,000

Accounts receivable increased   $161,000

The company wrote off $20,600 in uncollectible accounts, Accounts receivable decreased $20,600

Accounts receivable balance at the end of 2017:

$1,590,000 + $161,000 - $20,600 = $1,730,400

The cash realizable value is the amount of money the company expects to receive from your accounts receivable after deducting the uncollectable amount.

At the end of 2017,

An analysis of outstanding receivable accounts indicated that bad debts should be estimated at $144,000. So, the uncollectable amount was $144,000

The cash realizable value = $1,730,400 - $144,000 = $1,586,400

From at 12/31/16 to 12/31/17, the balance of The cash realizable value increased: $1,586,400 - $1,120,000 = $466,400

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Before Pepsi-Cola stamped freshness dates on its cans, few consumers considered cola freshness an issue. After Pepsi spent about
Vilka [71]

Below are the complete options:

changing beliefs about the extent to which a brand has certain attributes

encouraging the consumer to use stimulus generalization

adding new attributes to the product

encouraging the consumer to use stimulus discrimination

changing the importance of attributes

Answer:

changing the importance of attributes

Explanation:

Freshness dates shows for how long a drink can be considered to not have expired. For example Pepsi can be considered to give freshness from 6-9 months after the date printed on the bottle.

Pepsi spent about $25 million on advertising and promotion related to freshness dates. Initially freshness dates were only seen as important by a few people.

This resulted in 61 percent of cola drinkers now thinking it is important.

This exemplifies how importance of a product's attribute can be changed

6 0
2 years ago
Trading in foreign currency options would most likely be: __________
kumpel [21]

There are different kinds of trade. Trading in foreign currency options would most likely be an appropriate hedging tool for individual investors who want to hedge the risk on specific U.S. exchange-listed stocks.

<h3>Currency option hedges</h3>

  • Currency option hedges are known to be tools that are used in international business.

An example, when an American importer is said to agree to buy some food equipment from a Chinese manufacturer at a later future date. The transaction will be carried out in Chinese currency.

The American importer has therefore made an hedge by buing currency options on the Chinese currency.

Learn more about trade from

brainly.com/question/4957225

3 0
2 years ago
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Marianna [84]

Answer:

variable overhead efficiency variance= $22,780 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 7.0 hours

Standard variable overhead rate $ 13.40 per hour

Actual hours 2,725 hours

The actual output of 150 units

To calculate the variable overhead efficiency variance, we need to use the following formula:

variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 150*7= 1,050 hours

variable overhead efficiency variance= (1,050 - 2,750)*13.4

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6 0
3 years ago
At an output level of 59,000 units, you calculate that the degree of operating leverage is 3.3. The output rises to 64,000 units
11Alexandr11 [23.1K]

Answer: Percentage change OCF = 27.96%.

Explanation:

Given that,

Output level = 59,000 units

Degree of operating leverage = 3.3

Output rises to 64,000 units,

Degree of Leverage = \frac{Percentage\ change\ in\ Operating\ cash\ Flow}{Percentage\ change\ in\ Quantity}

Percentage change OCF = Degree of Leverage × Percentage change in Quantity

= 3.3 \times \frac{64000-59000}{59000} \times 100

= 27.96%

5 0
3 years ago
In the context of planning a training program, even though it is time-consuming, putting together a _____ is worthwhile because
tekilochka [14]

Answer:

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6 0
2 years ago
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