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nexus9112 [7]
3 years ago
14

Preparing a Schedule of Cash Collections on Accounts Receivable Kailua and Company is a legal services firm. All sales of legal

services are billed to the client (there are no cash sales). Kailua expects that, on average, 20% will be paid in the month of billing, 50% will be paid in the month following billing, and 25% will be paid in the second month following billing. For the next 5 months, the following sales billings are expected: May $84,000 June 100,800 July 77,000 August 86,800 September 91,000 Required: Prepare a schedule showing the cash expected in payments on accounts receivable in August and in September. If an amount box does not require an entry, leave it blank or enter "0". Be sure to enter percentages as whole numbers.
Business
1 answer:
VMariaS [17]3 years ago
8 0

Answer: $81,060 in August and $80,850 in September

Explanation: Please find attached a table.

August 86,800 17,360 38,500 25,200 81,060

September 91,000 18,200 43,400 19,250 80,850

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"The interest rate charged from the banks to broker-dealers on loans where securities are collateral is the:"
vampirchik [111]

Answer: broker loan rate

Explanation:

The broker loan rate is also refered to the call loan rate and it is the interest rate that is charged from the banks to broker-dealers on loans where securities are collateral.

It should be noted that the iterest rates that are given on broker loan rates are just a little above the short term interest rates.

6 0
2 years ago
Both a wife and her husband work in the airline industry. They are in their 40s and they have a high tax bracket and are concern
Serjik [45]

Answer: % money market; 30% long-term bonds; 5% commodities; 60% stocks, most with low dividends and high growth prospects (option D)

Explanation:

Since liquidity is not currently a major concern to the couple, investment in the money market can be low and also no investment is needed in the high dividend paying stocks.

Option A and C involve significant investment in the high dividend yielding stocks so they're ruled out. We are now left with Option B and D

Long term bonds usually pay less than the required rate that this couple is considering, therefore a significant amount must be invested in high yield return securities. This will make option D the right answer since it fulfils all the required objectives.

8 0
3 years ago
Anita is interested in new technology that can make the processes at her business run more smoothly. What resources could she us
GuDViN [60]
There are numbers of ways that she could use to assist her in learning about new technologies which can make the processes at her business run more smoothly. This may include books related to the new technology that is related to her business. In addition, she could also hire experts or advisers that will help her learn and understand more about it. Company owners often pay someone from the company who provides that technological advancements to teach their employees how to use the new technology.
7 0
3 years ago
Read 2 more answers
Fun Vehicles, Inc. makes beach buggies on an assembly line. The total productive time to make one buggy is 300 seconds. The curr
zimovet [89]

Answer: Greater than 12% but less than 18%.

Explanation:

Total productive time, p is given as:

= 300 seconds

Cycle time, c = 90 seconds

The number of workstations, n is given as = 4

The formula to solve this will be:

= [p/(n x c)] x 100

= [300/(4 x 90)] x 100

=[(300/360) x 100

= 0.83 × 100

Line efficiency = 83.33%

Since the line efficiency has been gotten, we then calculate the balance delay which will be:

Balance delay = 100 - Line efficiency

= 100% - 83.33%

= 16.67%

The answer then will be Greater than 12% but less than 18%.

5 0
3 years ago
What is the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsiv
LenaWriter [7]

Answer:

Disintermediation

Explanation:

-Disintermediation is when the intermediaries between the producers and consumers are eliminated from the supply chain and the organization has a direct relationship with the customer.

-Intermediaries are people that act as mediators between two or more parties in the supply chain.

-Cybermediation is when a company offers mediation services over the internet.

According to this, the answer is that the business strategy that lets a company shorten the order process and add value with reduced costs or a more responsive and efficient service, and occurs when a business sells directly to the customer online is disintermediation as the mediators are eliminated and the company has a direct contact with its customers.

5 0
3 years ago
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