Calculate the 4-day moving average for the following data (Remember that

Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou

Gre4nikov [31]

Based n the info you gave. I would say the best account for him is A "saving account" because he's saving a amount of money to buy the bike he wants without having to spend more then he plans. Hope this helps! (:

4 0

3 years ago

assume that in the short run a firm is producing 800 units of output, has average total costs of $150, and has cost of $100. the

MakcuM [25]

Answer:

$80,000

Explanation:

Missing word <em>"and has average variable costs of $100"</em>

<em />

Note: AVC = Average variable cost, TVC = total variable cost

AVC = TVC / Output

$100 = TVC/800 units

TVC = $100*800 units

TVC = $80,000

So, the firm's total variable costs are $80,000.

4 0

4 years ago

Kim's Bridal Shoppe has 10,200 shares of common stock outstanding at a price of $36 per share. It also has 215 shares of preferr

vitfil [10]

Answer:

26.43 %

Explanation:

The Capital Structure is based on the Market Weight of the Sources of Finance as shown below :

Equity market value = Number of shares × price/share

Equity market value = 10,200 × $36

Equity market value = $367,200

Current debt value = Number of bonds × price/bond

Current debt value = 520 × (1930)

Current debt value = $1,003,600

Preferred stock value = Number of shares × price/share

Preferred stock value = 215 × $87

Preferred stock value = $18,705

Total capital = Common equity value + Debt value + Preferred stock value

Total capital = $367,200 + $1,003,600 + $18,705

Total capital = $1,389,505

Weight of Equity = Equity value / Total capital

Weight of Equity = $367,200 / $1,389,505

Weight of Equity = 26.43 %

3 0

3 years ago

the following steps is the first to be completed by a business when planning and introducing a new product? (a) production, (b)

Phantasy [73]

The answer is (a) research because businesses must study their target group and check whether their proposed product will satisfy their needs or wants.

6 0

4 years ago

On December 31, 2011, Colonial Corporation had the following account balances related to credit sales and receivables prior to r

kow [346]

Answer

Colonial corporation

Journal entries

A. $2,150 uncollectible of the year end Accounts receivable balance.

Debit Uncollectible Account with $2,150

Credit Account Receivable Account with $2,150

(Being aged debt that is uncollectible at year end)

Debit Allowance for doubtful debt with $200

Credit Uncollectible debt Account with $200

(Being reversal of allowance for doubtful debt no longer required after ageing review of debt)

B. 1% of credit sales is uncollectible

1% of $400,000 = $4,000

Debit Uncollectible Account with $4,000

Credit Account Receivable Account with $4,000

(Being 1% of credit sales that is uncollectible at year end)

Debit Allowance for doubtful debt with $200

Credit Uncollectible debt Account with $200

(Being reversal of allowance for doubtful debt no longer required after ageing review of debt)

C. (assuming a above but allowance for doubtful debt is a debit balance of $200)

i. $2,150 uncollectible of the year end Accounts receivable balance.

Debit Uncollectible Account with $2,150

Credit Account Receivable Account with $2,150

(Being aged debt that is uncollectible at year end)

ii. 1% of credit sales is uncollectible

1% of $400,000 = $4,000

Debit Uncollectible Account with $4,000

Credit Account Receivable Account with $4,000

(Being 1% of credit sales that is uncollectible at year end)

The debit receivable balance could relate to debts once written off but now being paid.

5 0

3 years ago