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melamori03 [73]
3 years ago
14

Budgeted sales for the Kelsey Company for the first quarter are as follows: January February March Credit Sales $250,000 $300,00

0 $500,000 The regular pattern of collection of credit sales is 40% in the month of sale and 60% in the month following sale. There are no bad debts. The budgeted cash collections for March would be:
Business
1 answer:
jolli1 [7]3 years ago
5 0

Answer:

$380,000

Explanation:

The computation of the budgeted cash collections for March is shown below:

= March credit sales × month of sale percentage + February credit sales × following month sale percentage

= $500,000 × 40% + $300,000 × 60%

= $200,000 + $180,000

= $380,000

We simply considered the Feb and march credit sales for finding out the cash collections

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Dahlia is trying to make partner at one of the city's most prestigious law firms. It is generally understood that associates rem
aleksandrvk [35]

Answer:

The answer is <u>social norms</u>.

Explanation:

Given:

Dahlia is trying to make partner at one of the city's most prestigious law firms. It is generally understood that associates remain hard at work in the office until at least 7 or 8 each evening. This is an element of the firm's ___________.

Now, to get the answer:

This is an element of the firm's  <u>social</u><u> </u><u>norms</u>.

<u>Social norms:</u>

<u><em>Social norms role are to guide behaviour in environment or in the society as an appropriate way. These are regarded as acceptable representations of group conduct or an individual conduct of any group.</em></u>

<u><em>Social norms in other way are some kind of system or rules that are used and prescribe to the people living in society for what to do or what not to. </em></u>

<u><em>As for example, not to drink or smoke in public or reduce its use as it it is injurious to health and life.</em></u>

Therefore, the answer is <u>social norms</u>.

4 0
4 years ago
A laser surgical tool has a cost basis of $100,000 and a five-year depreciable life. The estimated SV of the laser is $20,000 at
VARVARA [1.3K]

Answer:

The annual depreciation under SL is $16000 per year.

Explanation:

The depreciation expense under Straight Line (SL) method remains constant throughout an asset's useful life. The depreciation under straight line method is calculated by calculating the value of the asset that is eligible for depreciation, which is its cost less the salvage value (SV) and dividing it by the asset's useful life.

The straight line depreciation per year = (Cost - SV) / estimated useful life

Annual depreciation under SL = (100000 - 20000) / 5   = $16000 per year

4 0
3 years ago
Cameron is expected to produce 550 parts per day, but his machine is capable of only 480. He is also expected to supervise six w
Kisachek [45]

Cameron is expected to produce 550 parts per day, but his machine is capable of only 480. He is also expected to supervise six workers and make sure they have all the materials they need to perform their duties. Cameron is likely to experience <u>role overload.</u>

<u />

Role overload is a specific stressor that reflects the perception that the demands of a job role exceed an individual's resources (Eatough et al., 2011). Therefore, role congestion can lead to resource exhaustion. This is a phenomenon that can be understood through a COR lens.

Role overload occurs when a person plays multiple roles at the same time and does not have the resources to perform them. It can develop not only from being mentally overwhelmed but also from being overwhelmed with time.

For example, if an employee leaves the company, it may be necessary to temporarily expand the role of another employee to accommodate the absence of the absent employee.

<u />

<u />

Learn more about Cameron here: brainly.com/question/2049411

#SPJ4

7 0
2 years ago
Leeks Company's product has a contribution margin per unit of $12.60 and a contribution margin ratio of 20.0%. What is the selli
vlabodo [156]

Answer:

the  selling price of the product is $63

Explanation:

The computation of the selling price of the product is as follows:

As we know that

The contribution margin ratio = Contribution margin ÷ Selling price

20% = $12.60 ÷ Selling price

So the selling price is

= $12.60 ÷ 20%

= $63

Hence, the  selling price of the product is $63

This is the answer but the same is not provided in the given options

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0
3 years ago
Southern Corp. has a debt-to-equity ratio of 1.75 and total assets of $275 million. Southern is considering issuing another $20
liberstina [14]

Answer:

1.625

Explanation:

Debt to equity ratio = Debt ÷ Equity

or

1.75 = Debt ÷ Equity

or

Debt = 1.75 × Equity

also,

Total assets = Debt + Equity

or

$275 million = 1.75 × Equity + Equity

or

$275 million = 2.75 × Equity

or

Equity = $100 million

Therefore,

Debt = $275 million - Equity

= $275 million -  $100 million

= $175 million

Now,

after issuance,

Total debt = $175 million + $20 million

= $195 million

and,

Equity = $100 million + $20 million

= $120 million

Therefore,

Southern’s debt-to-equity ratio after the issuance

= $195 million ÷ $120 million

= 1.625

7 0
3 years ago
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