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3 years ago

In order to achieve maximum benefit from an enterprise software package, a business:

Business

1 answer:

grigory [225]3 years ago

6 0

Answer:

C) change the way it works to match the software's business processes.

Explanation:

In order to achieve maximum benefit from an enterprise software package, a business change the way it works to match the software's business processes.

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Grossnickle Corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. Today,

Aleks04 [339]

Answer:

correct option is e. $1,232.15

Explanation:

given data

Future value = $1,000

Rate of interest = 5.5%

NPER = 19 years

annual coupon bonds = 7.5%

solution

We will use here Present value formula for get current price of the bonds.

so here PMT is

PMT = Future value × annual coupon bonds ................1

put here value

PMT = $1,000 × 7.5%

PMT = $75

The formula we use in excel = -PV(Rate,NPER,PMT,FV,type)

so we will get here

after solving we get current price of the bond is $1,232.15

correct option is e. $1,232.15

6 0

4 years ago

Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM

Travka [436]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

30% on cash

70% on account

Sales on account:

25% in the month of the sale

75% in the following month

October $133,000

November 166,000

December 243,000

The Accounts Receivable balance on September 30 was $89,000.

Cash collection October:

Sales on cash= 133,000*0.30= 39,900

Sales on account from October= (133,000*0.7)*0.25= 23,275

Sales on account September= 89,000

Total cash collection= $152,175

Cash collection November:

Sales on cash= 166,000*0.30= 49,800

Sales on account from October= (166,000*0.7)*0.25= 29,050

Sales on account October= (133,000*0.7)*0.75= 69,825

Total cash collection= $148,675

Cash collection December:

Sales on cash= 243,000*0.30= 72,900

Sales on account from October= (243,000*0.7)*0.25= 42,525

Sales on account October= (166,000*0.7)*0.75= 87,150

Total cash collection= $202,575

4 0

3 years ago

As a business person planning to open a new small business, you know that the business plan should not contain

tia_tia [17]

As a business person planning to open a new small business, you know that the business plan should not contain pages and pages of detailed facts and figures.

Hope this helps :)

5 0

3 years ago

An analysis and aging of the accounts receivable of Raja Company at December 31 reveal the following data:

rodikova [14]

Answer:

The cash (net) realizable value of the accounts receivable is accounts receivable less the ending balance in the Allowance for Doubtful Accounts.

800,000 - 65,000

This brings the total to $735,000.

5 0

3 years ago

On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doub

Anastaziya [24]

Answer:

Accounts receivable is $745,000

Explanation:

The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.

Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts

= $800,000 - $55,000

= $745,000

6 0

3 years ago