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Elis [28]
3 years ago
5

The Doak Company has projected the following quarterly sales amounts for the coming year:

Business
1 answer:
tester [92]3 years ago
6 0

Answer: Check attachment

Explanation:

The cash collection was calculated as:

a. (90-45)/90 = 1/2

Q1 = 1700 + (1/2 × 3900)

= 1700 + 1950

= 3650

Q2 = 1950 + (1/2 × 4700)

= 1950 + 2350

= 4300

Q3 = 2350 + (1/2 × 4300)

= 2350 + 2150

= 4500

Q4 = 2150 + (1/2 × 3600)

= 2150 + 1800

= 3950

Check the attachments for further information.

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Brandes purchases a delivery truck which will be used to deliver products to customers. the delivery truck is a/an?
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Electric bill payable Liability

<h3>Is an electric bill considered a liability?</h3>

In our example, the utility bills for gas and electricity used in December are both an expense and a liability as of December 31.

When the utility bills are paid, the liability is eliminated.

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7 0
1 year ago
In the circular flow of income A. households buy goods and services and firms supply goods. Resources are supplied by other firm
Alla [95]

Answer:

D. households demand goods and services that are supplied by​ firms, while supplying resources that are demanded by firms.

Explanation:

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I hope my answer helps you

8 0
3 years ago
On July 1, an investor holds 50,000 shares of a certain stock. The market price is $30 per share. The investor is interested in
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Answer:

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

Explanation:

Provided information;

Amount of shares of a certain stock =50,000

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Futures Value A = 1,500 × 50 = $75,000

The formula used in calculating the number of contracts =

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The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

5 0
3 years ago
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2 years ago
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Vesnalui [34]

Answer:

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3 years ago
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