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miskamm [114]
3 years ago
9

Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of

sale. The total amount of cash expected to be received from customers in September is:
Business
1 answer:
galina1969 [7]3 years ago
8 0

Answer:

The total amount of cash expected to be received from customers in September is the sum of 25% of the September sales plus 75% of the August sales.

Explanation:

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asmine Smith owns a condo worth $250,000, a car valued at $15,000, and miscellaneous assets worth $7,500. She owes $190,000 on t
tester [92]

Answer:

The total liabilities amounts to $200,000

Explanation:

The total liabilities of Asmine Smith is computed as:

Total Liabilities = Owing on Condo + Owning a Car

where

Owning on Condo is $190,000

Owning a Car is $10,000

Putting the values above:

= $190,000 + $10,000

= $200,000

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3 years ago
Forest City has recently implemented GAAP reporting and is attempting to determine which of the following special revenue funds
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Which pharmaceuticals company has decided to expand its vaccine business in the United Kingdom with an investment of £240 millio
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Answer:

Which pharmaceuticals company has decided to expand its vaccine business in the United Kingdom with an investment of £240 million?

answer= B.) Serum Institute of India

4 0
2 years ago
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The government increases taxes. What might be a reason for this change in fiscal policy?
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A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.
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3 years ago
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TJ's and Corner Grocery are all-equity firms. TJ's has 2,500 shares outstanding at a market price of $16.70 a share. Corner Groc
valentina_108 [34]

Answer:

$1.3 per share

Explanation:

Data provided in the question:

Number of shares outstanding of TJ = 2,500

Market price = $16.70

Number of shares outstanding of Corner Grocery = 3,000

Price per share of Corner Grocery = $22.50

Cost of acquiring TJ's share = $45,000

Now,

Merger Premium per share = [ Cost of acquiring TJ's share - Market price of TJ's shares ] ÷ Number shares TJ's outstanding

= [ $45,000 - ( $16.70 × 2,500)] ÷ 2,500

=  [ $45,000 - $41,750 ] ÷ 2,500

= $3,250 ÷ 2,500

= $1.3 per share

4 0
3 years ago
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