Answer:
$254,000
Explanation:
First and foremost,the cash of $9,200 collected in respect of debt already written off as uncollectible would not affect the balance in accounts receivable since the debt would reinstated and also taken out of accounts receivable simultaneously.
The change in accounts is the difference between the sales on account of $596,000 and collections in respect of accounts receivable of $342,000
change in accounts receivable=$596,000-$342,000=$254,000
Answer:
7.67%
Explanation:
The Excel rate function can be used to determine the before-tax cost of debt as follows:
=rate(nper,pmt,-pv,fv)
nper=number of semiannual coupons in the remaining 20 years=20*2=40
pmt=semiannual coupon=$45
pv=current amrket price= $896.87
fv=face value=$1000
=rate(40,45,-896.87,1000)=5.11%
5.11% is the semiannual yield
yield to maturity=5.11%*2=10.22%
after-tax cost of debt=pretax cost debt*(1-tax rate)
tax rate=25%
after-tax cost of debt=10.22%*(1-25%)=7.67%
Answer:
a. Cash 10,000
Sales 10,000
Cost of Goods Sold 7,590
Inventory 7,590
Explanation:
Based on the information given if the company
sold merchandise for the amount of $10,000 cash in which The cost of the merchandise sold was the amount of $7,590. The appropriate journal entries to record this transaction under the perpetual inventory system would be to Debit Cash for $10,000; Credit Sales for $10,000 and to Dr Cost of Goods Sold for $7,590; Credit Inventory for $7,590.
Dr Cash 10,000
Cr Sales 10,000
Dr Cost of Goods Sold 7,590
Cr Inventory 7,590
Answer:
- Since the question is missing the contents of A4, B4, and C2, see below the explanations for two possible cases.
Explanation:
The command that is used in excel worksheets to combine the content of two (or more) cells into other cell is &.
The content on the resulting cell is will be a text, independent on whether the starting cells had text or numbers.
If you do not want to add any character or blank space in between the content of the starging cells, just use &.
The procedure is:
- Select the cell where you want to put the combined data: C2 in your case.
- Type = or + and select the first cell you want to combine: A4 in your case.
- Select the other cell that you want to combine: B4 in your case
Thus, if you do not want to add any character, the answer would be:
- =A4&B4. That is not a choice. But notice that =A4&""&B4 yields the same result.
If you want to add some characters or blank space in between the content of the starging cells, use &" whatever you want to add in between"&
The procedure is:
- Select the cell where you want to put the combined data: C2 in your case.
- Type = or + and select the first cell you want to combine: A4 in your case.
- Type whatever you want to add in betwen
- Select the other cell that you want to combine: B4 in your case
If you you want to add a blank space the answer would be:
Answer:When you diversify your investments, you reduce the amount of risk you're exposed to in order to maximize your returns. Although there are certain risks you can't avoid, such as systemic risks, you can hedge against unsystematic risks like business or financial risks.
