Answer: $74100
Explanation:
Based on the information given, the amount of cash expected to be collected in October will be calculated thus:
October, credit sales will be:
= 60% x $247000
= $148200
Since the amount that'll be collected in October will be 50% of the credit sales. This will be:
= 50% × $148200
= $74100
<span>A corporation must register as a </span><span><span>foreign corporation </span>in every state in which it operates other than its state of incorporation
</span>
Answer:
a. Shorten his portfolio duration
Explanation:
The best action to take in order to capitalize on expectations of increasing interest rates would be to shorten his portfolio duration. This is because an increase in the interest rate causes his portfolio value to decrease, yet if the duration of his portfolio is shortened then the change/decrease in value will be lesser than if done otherwise.
Answer:
$0.54
Explanation:
Given: Fixed manufacturing overhead = $2500000.
Total number of unit= 2600000.
The variable manufacturing costs= $1.50 per unit.
First finding the cost per unit of manufacturing overhead.
Cost per unit of manufacturing overhead= 
⇒ Cost per unit of manufacturing overhead= 
∴ Cost per unit of manufacturing overhead= $0.96154
Next finding the cost per units using absorption costing.
Cost per unit= 
⇒ Cost per unit= 
∴ Cost per unit= 
Hence, $0.54 is the cost per unit using absorption costing.
