Answer:
May 2 No entry is required as the transaction is yet to happen
May 7 DR Accounts Receivable $1,200
CR Tour Revenue $1,200
May 9 DR No entry required
May 15 DR Sales Allowance (1,200 * 30%) $360
CR Accounts Receivable $360
May 20 DR Cash $789.60
DR Sales Discount $50.40
CR Accounts Receivable $840
Working
Accounts Receivable = 1,200 - 360 sales allowance = $840
Sales Discount = 840 * 6% discount = $50.40
Cash = 840 - 50.40 = $789.60
b. Net Revenues
= Revenue - Sales allowance - Sales discount
= 1,200 - 360 - 50.40
= $789,60
c. Partial Income Statement
Tour Revenues $1,200
Less:
Sales Allowance $360
Sales Discount <u> $50.60 </u>
<u> ($410.60)</u>
Net Tour Revenue $789.40
Answer:
Price we are wiling to pay = $46.429
Explanation:
Hi, this can be calculated using the dividend discount model
Stock price we are willing to pay = D / (r - g) where,
D = Dividend
r = required rate of return of investor
g = growth
So working the formula gives us,
Price = 1.95 / (0.085 - 0.043)
Price = $46.429
This is the price we are willing to pay.
Hope that helps.
Answer:
2 tons of millet for New Zealand and 3 tons of millet for Brazil.
Explanation:
New Zealand and brazil both can produce corns and millet. The opportunity cost for Brazil is more than the New Zealand. Both the countries should go towards the production of the crop in which they have comparative advantage. New Zealand has comparative advantage in producing millet and Brazil has comparative advantage in producing corn.
Answer:
a. Before the change in work rules, the company's productivity per day
= 550 packing boxes / 20 hours = 27.5 packing boxes per hour
b. Based on the changes made, the percent increase in productivity
productivity after the change = 700 packing boxes / 24 hours = 29.17 packing boxes per hour
productivity change = (29.17 - 27.5) / 27.5 = 6.07%
c. If production is increased to boxes per day (with the three 8-hour shifts), the new productivity equals
700 packing boxes per day (prior productivity of 550 packing boxes per day, which represents a 27.27% increase)
productivity = output / unit of time
This statement is false.
Regardless of the fact whether fair use applies or not, you should always cite the sources of the visual and audio materials in your slide show. It can still be considered plagiarism if you don't cite your sources, so make sure you do that.
