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3 years ago

Which of these transactions would produce $10,000 of revenue in December? (check all that apply)

Business

2 answers:

lutik1710 [3]3 years ago

5 0

Answer:

Which of these transactions would produce $10,000 of revenue in December?

BOC collected a $10,000 deposit in December for goods it will ship in January.

Explanation:

From the above analogy, it is only money collected/deposited in December for goods that reflects for revenue generated by BOC in the above mentioned month

Marat540 [252]3 years ago

5 0

The answer is D. BOC collected $10,000 deposit in December for goods it will ship in January.

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Denna Company's working capital accounts at the beginning of the year follow:

riadik2000 [5.3K]

1. Compute the subsequent amounts and ratios as of the beginning of the year:

a. capital = current assets - current liabilities

working capital = ($50,000 + $30,000 + $200,000 + $210,000 + $10,000) - ($150,000 + $30,000 + $20,000)

= $500,000 - $200,000

= $300,000

b. Current ratio = current assets / current liabilities

current ratio = $500,000 / $200,000

= 2.5

c. Acid-test ratio = (current assets - inventory) / current liabilities

acid test ratio = ($500,000 - $210,000) / $200,000

= $290,000 / $200,000

= 1.45

Financial Ratios :

These are the tools normally utilized in financial management that serve as multi-purpose for other reasons such as obtaining a loan from bank, infusion of additional capital from investors, etc

Acid test ratios :

In finance, the fast ratio, also referred to as the acid-test ratio is a type of liquidity ratio, which measures the power of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately.

Learn more about current ratio :

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1 year ago

Gruber Corp. pays a constant $7.55 dividend on its stock. The company will maintain this dividend for the next 15 years and will

OlgaM077 [116]

Answer:

The current share price is $54.29

Explanation:

Hi, to find the price of this share, we need to bring to present value all the future cash flow that this share will provide. Since the dividend is a constant dividend, we can find the price using the following equation.

$Price=\frac{Div((1+r)^{n}-1) }{r(1+r)^{n} }$

where:

r= required rate of return of the stock

Div = constant dividend (in our case, $7.55

n = years in which the share will provide dividends

Everything should look like this

$Price=\frac{7.55((1+0.11)^{15}-1) }{0.11(1+0.11)^{15} }=54.29$

So, the price of the stock today would be $54.29

Best of luck.

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Answer:

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