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Novay_Z [31]
2 years ago
15

A company had the following partial list of account balances at year-end: Sales Returns and Allowances $ 1,000 Accounts Receivab

le 38,000 Sales Discounts 2,100 Sales Revenue 95,000 Allowance for Doubtful Accounts 1,200 How much is net sales revenue
Business
1 answer:
ArbitrLikvidat [17]2 years ago
4 0

Answer:

$91,900

Explanation:

The computation of net sales revenue is shown below:-

Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts

Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts

= $95,000 - $1,000 - $2,100

= $91,900

Therefore we have applied the above formula.

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​venus diner, a fast food restaurant, has installed two additional billing counters to reduce waiting time for customers. this h
Virty [35]

This scenario illustrates that Venus Diner is striving for<u> "effectiveness".</u>


Effectiveness is the capacity of delivering a coveted outcome or the capacity to create wanted yield. When something is esteemed successful, it implies it has a proposed or expected result, or creates a profound, clear impression.

Effectiveness , in business, alludes to the level of value with which an assignment or process is done that at last prompts higher by and large business execution.  

Effectiveness is the way how well a business and the general population in it perform esteem making undertakings, and how well the business capacities worth together. Effectiveness can be connected to numerous parts of business exercises.

4 0
3 years ago
On July 1, 2019, Sunland Company purchased new equipment for $80,000. Its estimated useful life was 5 years with a $10,000 salva
Paraphin [41]

Answer:

On December 31,2019

Depreciation expense Dr $7,000

          To Accumulated depreciation $7,000

(Being the depreciation expense is recorded)

Explanation:

The journal entry is shown below;

On December 31,2019

Depreciation expense Dr $7,000

          To Accumulated depreciation $7,000

(Being the depreciation expense is recorded)

The computation is shown below:

= ($80,000 - $10,000) ÷ 5 years × 6 months ÷ 12 months

= $7,000

For recording this we debited the depreciation expense as it increased the expenses and decreased the assets so the accumulated depreciation is credited

And, the six months is taken from July 1 to December 31

     

4 0
3 years ago
Global Pistons​ (GP) has common stock with a market value of $ 200$200 million and debt with a value of $ 100$100 million. Inves
kvv77 [185]

Answer:

a. Suppose GP issues $ 100$100 million of new stock to buy back the debt. What is the expected return of the stock after this​ transaction?

  • 12%

b. Suppose instead GP issues $ 50.00$50.00 million of new debt to repurchase stock. i. If the risk of the debt does not​ change, what is the expected return of the stock after this​ transaction?

  • 18%

ii. If the risk of the debt​ increases, would the expected return of the stock be higher or lower than when debt is issued to repurchase stock in part ​(i​)?

  • If the risk of the debt increases, then the cost of the debt will increase. Therefore, the company will need to spend more money paying the interests related to the new debt which would decrease the ROE compared to the 18% of (i). Since we do not know the new cost of the debt, we cannot know exactly by how much it will affect the ROE, but I assume it will still be higher than the previous ROE.

Explanation:

common stock $200 million

total debt $100 million

required rate of return 15%

cost of debt 6%

current profits = ($200 million x 15%) + ($100 x 6%) = $30 million + $6 million = $36 million

if equity increases to $300 million, ROI = 36/300 = 12

if instead new debt is issued at 6%:

equity 150 million, debt 150 million

cost of debt = 150 million x 6% = $9 million

remaining profits = $36 - $9 = $27 million

ROI = 27/150 = 18%

3 0
3 years ago
Trackanddeliver.com is an online retail store that does not require a fixed delivery location and delivers goods to the current
My name is Ann [436]

Answer:

E. functional innovation

Explanation:

Functional innovation -

It is the method by which the any problem is solved by using creative and innovative method , is known as functional innovation.

This method is adapted by organisation for stand apart in the competitive market , by using new , innovative and creative methods.

Hence , from the question,

Trackanddeliver.com deliver the product to the peoples exact location , uses the method of functional innovation.

8 0
2 years ago
PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Vladimir79 [104]
Answer : rent to own business !

shes paying for her to own it but still gets to take it home
5 0
3 years ago
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