The Cash Collection from the Credit sales in the Month of December is $130,300.
Credit (from the Latin verb credit score, which means "one believes") is the agree with which permits one party to offer money or resources to any other celebration in which the second birthday celebration does not reimburse the primary birthday party at once (thereby producing a debt), however, guarantees both to repay or go back those resources (or different substances of identical price) at a later date. In different words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a massive organization of unrelated humans.
The assets provided may be financial (e.g., granting a loan), or they'll encompass items or offerings (e.g., client credit score). credit score encompasses any shape of the deferred fee. a credit score is extended by means of a creditor, also called a lender, to a debtor, additionally called a borrower.
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Answer:
The correct answer is variable expense will also be eliminated of the segment which got eliminated.
Explanation:
The segment in the business which is not profitable anymore, then that segment would be eliminated or removed, which will result in net income will always increase or rise. And the variable costs of that eliminated segment will be absorbed through other segments or will be eliminated.
Though the segment is removed, the fixed costs which is allocated to the segment will be covered still.
So, when the segment is eliminated, then the variable expense of that segment would be eliminated.
Answer:
The answer is $1,409,600
Explanation:
Value of firm also known as enterprise value is the value of a company at a particular point in time.
The firm value can be calculated by multiplying the total number of shares outstanding by the current share price of the firm.
In this question, the price of the borrowed fund is:
$74,000/2,100shares
=$35.24
Therefore, total value of the firm is
40,000 outstanding shares x $35.24 = $1,409,600
Please note that $1,409,600 has been rounded up.
I believe that Kim would be concerned about moving to the next tax bracket because the more money you earn in a year, the higher the income tax, and oftentimes groups of people that make anywhere from someodd-thousand to someodd thousand get taxed so much, and once you move up out of that range, you'll get taxed more, leaving you less money in your bank account that you worked for.
Fingers crossed that I helped you! :)
