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Bogdan [553]
3 years ago
14

Waldron inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sale

s of 5%. the only new investment will be in accounts receivable. waldron has a turnover ratio of 6 to 1 between sales and accounts receivable. what is waldron inc.'s expected return on investment?
Business
1 answer:
Andrew [12]3 years ago
6 0

Answer:

30%

Explanation:

The computation of return on investment is shown below:-

Return on Sales = Credit sales ×  Return on sales

= $24,000 × 5%

= $1,200

Investment in Accounts Receivable

= $24,000 ×  1 ÷ 6

= $4,000

Return on Investment = Return on Sales ÷  Investment in Accounts Receivable  × 100

= $1,200 ÷ $4,000  × 100

= 30%

Therefore for computing the return on investment we simply divide the investment in account receivable by return on sales.

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Assume that Roth’s accountants are expected to work a total of 8,000 direct labor hours in 2018. Roth’s estimated total indirect
xz_007 [3.2K]

Answer:

$12 and $180

Explanation:

The computation of the predetermined overhead rate is shown below:

As we know that

The predetermined overhead rate is

= Estimated total indirect cost  ÷ expected direct labor hours

= $96,000 ÷ 8,000

= $12

And, the indirect cost is

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= $180

We simply applied the above formula

8 0
3 years ago
Freya plans to invest $3,200 a year for 25 years starting at the end of this year. How much will this investment be worth at the
Dmitry [639]

Answer:

$240,885.11

Explanation:

The formula to be used is = annual payment x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

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[(1.082^25) - 1 ] / 0.082 = 75.276598

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I hope my answer helps you

5 0
3 years ago
$444,567 Revenue, $400,500 Expenses. Net Profit?
chubhunter [2.5K]

Answer:

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Explanation:

4 0
3 years ago
Agile project management involves ____ whereas traditional project management involves _______. Multiple Choice known and stable
Ainat [17]

Answer:

For comprehension purposes, I would write the question again with options attached below:

Agile project management involves ____ whereas traditional project management involves _______. Multiple Choice

a. known and stable scope, unknown requirements

b. high certainty, projects with unstable scope

c. projects with high predictability, project with unknown or unstable requirements

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e. high uncertainty, projects with unknown requirements

The correct answer is option d. (iterative and incremental delivery, upfront planning with high predictability)

So, Agile project management involves <u>iterative and incremental delivery </u>whereas traditional project management involves <u>upfront planning with high predictability</u>.

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Agile project management involves iterative and incremental delivery as Agile project management allows making changes to the product which then opens ways for iteration. Agile life cycles are composed of several iterations because of changes that might arise due to feedback during the production process of the project.

Traditional project management is highly predictable and it doesn't give room for changes as project cycles and stages are planned ahead. It's a rigid process.

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pantera1 [17]

Supply.

Economic supply is the total amount of a good that is available to consumers- supply goes up and down based on price and other independent economic variables.

8 0
4 years ago
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