Answer: $51,400
Explanation:
Credits to Accounts Receivable represent a reduction in the Accounts receivable amount.
The formula for Closing balance is:
Closing balance = Opening balance + Credit sales - Credits to accounts receivable
Making Credit sales the subject will make the formula:
Credit sales = Credits to account receivable + Closing balance - opening balance
= 56,800 + 17,000 - 22,400
= $51,400
Each pound of apple would be $5.50. you get that by dividing 33 by 6. so $5.50 by 10 pounds is $55
Answer:
B. the cost of the business owner’s time and labor paying for gas for a company vehicle
Explanation:
Explicit cost are known as actual costs. They are costs incurred in the running of a business or in the production process . They are usually reported in the financial statements.
Implicit costs are opportunity costs.
<u>Answer:</u> False. The Value of a Bond is not related to the Dividend rate.
<u>Explanation:</u>
Bond rates are inversely related with the interest rates in the market and not dividend rates. Bonds yield interest for the investment and not dividends. Dividends are paid for shares. Dividend rates affects the share price and not Bond value in the market.
The interest rates of the Bonds can be fixed rates or fluctuating rates. It depends on the type of the security issued. As the interest rates are fluctuating then the risk for the investors increase.
Answer:
Amount of Dividend that was just paid is $1.39
Explanation:
Dividend yield = Dividend for next period / Current price
Dividend for next period = 44 * 3.3%)
=$1.452
Hence, dividend that was just paid=Dividend for next period*Present value of discounting factor(rate%,time period)
= 1,452 / (1+0.046)
= 1.452 / 1.046
= 1.3881
= $1.39