Given :
Apr-02 :
Cash = 2700
Sales = 2500
Sales Tax Payable = 200
Apr-03 :
Sales returns and allowances = 250
Apr-04:
Accounts receivable = 1134
Apr-06:
Sales returns and allowances = 150
Answer:
Option (d) is correct.
Explanation:
Given that,
On December 1,
Victoria Company signed a 90-day. 8% note payable, with a face value of $16, 200
Interest expense on December 31 is accrued for 30 days (Dec 1 - Dec 31)
Interest expense:
= Amount of note payable × Interest rate × Time period
= $16,200 × 8% × (30 ÷ 360)
= $108
Therefore, amount of interest expense is accrued at December 31 on the note is $108.
Answer:
c. descriptive and predictive analytics
Explanation:
Predictive analytics is a form of analytics which is done to predict the possibilities of the future depending on the data available in the present. The predictions are made about the future which may bring problems in the future. Descriptive analytics is a form of analytics which analyses the events happened in the past. The stored data is analyzed and decisions are formed out of them.
Answer:
Im not entirely sure, but i think
2. Should be D
3. Should be A
(i could be wrong but im about 90 percent sure those r right)
Explanation:
Answer:
The value of Equity is $77.16 million and the value per share is $24.11
Explanation:
The FCFE or free cash flow to equity can be used to calculate the intrinsic value of a company using the discounted cash flow approach. As the growth rate in FCFE is constant, the terminal value of the future FCFEs can be calculated as follows,
Value of Equity = FCFE * (1+g) / r - g
Value of Equity = 3.2 * (1+0.085) / (0.13 - 0.085)
Value of Equity = $77.16 million
The intrinsic value per share = 77.16 / 3.2 = $24.11 per share
