Answer:
$1,574,000
Explanation:
Cash collections from customers during the period using direct method is computed as;
= Credit sales + Beginning accounts receivables - Ending accounts receivables
= $1,696,000 + ($175,000 - $297,000)
= $1,692,000 - $122,000
= $1,574,000
Answer: (A) True
Explanation:
Yes, the given statement is true that the risk pooling is one of the type of strategy which basically helps in explaining about the demand variability and also decrease the aggregate demand variance in the market.
The main objective of the risk pooling is to maintain the inventory stock level and also avoiding the out of stock situation in the management.
By using the risk pooling strategy the various types of warehouse and companies are reduce the level of safety stock in the supply chain management and also transferring their risk to another organization such as insurance company.
Therefore, the given statement is true.
Answer:
Price of stock = $49.5
Explanation:
<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return. </em>
If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:
Price of stock=Do (1+g)/(k-g)
Do - dividend in the following year, K- requited rate of return , g- growth rate
DATA:
D0- 2.7
g- 10%
K- 16%
Price of stock = ( 2.7×1.1)/(0.16-0.1) = 49.5
Price of stock = $49.5
Answer:
Total job Costs added to Work In Process in October=$ 21, 700
Explanation:
Jaycee Corporation
Direct Materials requisitioned $3,200
Direct labor $4,700
Over head = 150% 0f $ 4700= $ 7050
Total Costs Added During September = $ 3,200+ $ 4,700+ $ 7050= $ 14950
Costs Added During October
Direct Materials $3,700
Direct labor $7,200
Overhead = 150 % 0f $ 7,200 = $ 10,800
Total job Costs added to Work In Process in October= $ 3,700+ $ 7,200 + $10,800= $ 21, 700
Answer:
(36 /60 ) * 100
Explanation:
Based on the information given the capacity utilization percentage will be :
Capacity utilization percentage= (36 /60 ) * 100
Capacity utilization percentage=60%
Where,
36 per day represent Actual repairs number
60 repairs per day represent Design capacity
Therefore capacity utilization percentage is (36 /60 ) * 100