Answer:
$400 .Since inventory is valued at cost or market value(current replacement cost) whichever is lower .
Therefore value of inventory : $400*8=$3200
Explanation:
Answer:
The balance of allowance for doubtful accounts is $ 1,880
Explanation:
Computation of balance in Allowance for Bad Debts
Total credit sales $ 47 comma 000
Estimated bad debts as a % of sales 4 %
Balance of Allowance for Doubtful accounts $ 1,880
The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.
Answer:
A=167.74
B 96.15%
C 95.43%
D 1.02 days
Explanation:
A)No of days in the year = 365
Total no of services days = 26106 + 35120 = 61226
Average daily census = 61226/365=167.74
B) Bed occupancy rate for January - June 3.
= Total number of inpatient days * 100/ Available beds * number of day
=26106*100/150*181=96.15%
C)Bed occupancy rate for July - December=
Total number of inpatient days * 100/ Available beds * number of day
35120*100/200*184 = 95.43%
D)
ALOS (Average length of days)=Total inpatient days /Total Discharges
61226 + 9601/59788 + 9588= 1.02days
When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by <u>selling common stock</u>. Long-term funding can be defined as any financial tool with maturity going beyond one year (such as bank loans, bonds, leasing and other forms of debt finance), and public and private equity instruments.
<h3>What is a retained earnings?</h3>
Retained earnings are the total of profit an establishment has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders.
Therefore, the correct answer is as given above
learn more about retained earnings: brainly.com/question/25631040
#SPJ1
