Answer:
Option E is the correct answer
5300$ is the correct answer.
Explanation:
Credit Sales = $800000
Uncollectible net sales = $800000*0.6% = $4800
Hence, balance in Allowance for uncollectible accounts after adjustment should be $4800 credit
Balance already in the account = $500 debit
Hence, adjustment required is $5300 credit
Answer:
Expected dividend yield = 10.0%
Expected capital gains yield = 5.0%
Explanation:
D0 = $1.50 (Given)
E(D1) = D0 * (1 + g) = $1.50 * (1.05) = $1.575
E(P0) = $15.75 (Given)
E(P1) = $15.75 * (1.05)1 = $16.5375
Expected dividend yield = E(D1) / E(P0)
= $1.575 / $15.75 = 0.100 = 10.0%
Expected capital gains yield = (E(P1) - E(P0)) / E(P0)
($16.5375 - $15.75) / $15.75 = 0.050 = 5.0%
Answer:
5,500 units
Explanation:
The computation is shown below:
Given that
Need to sell the units in a month = 4,000 units
Beginning inventory = 1,000 units
Desired ending inventory = 2,500 units
So, by considering the above information, the units to be produced is
= Desired ending inventory + need to sell the units in a month - beginning inventory
= 2,500 units + 4,000 units - 1,000 units
= 5,500 units
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