Answer: conducting lectures in sustainable agriculture
Explanation: the description states that they help with environmental rights there for leading to agriculture and showing why they would support this activity
Answer:
11.56%
Explanation:
The computation of the minimum required rate of return is shown below:
Residual income = Net operating income - (Average operating assets × minimum required rate of return)
$22,000 = $59,000 - ($320,000 × minimum required rate of return)
After solving this the minimum required rate of return is 11.56%
By applying the above formula we can find out the minimum required rate of return
Answer:
journal entries
Write-off
Debit Bad Debts expense $11,000 Credit Accounts receivable $11,000
Recovery
Debit Bank $1,800 Credit Bad Debt Recovered income $1,800
Allowance for Doubtful debt Adjustment
Debit Allowance for doubtful debt Adjustment $4,000 Credit Allowance for doubtful debt $4,000
Explanation:
Write-off
The write-off creates an expense (bad debt) and and decreases an asset ( Accounts receivable)
Recovery
Since the amount has been written off as bad, when it is recovered it is no longer recognized as a payment on accounts receivable but an income the entity thought was lost.
Allowance for doubtful debt adjustment
The differences in the opening balance and closing balance either creates an expense or an income adjustment. These estimates are on net Accounts receivables ( after bad debts) are a negative assets.
19000 - 15000 = 4000(increase) adjustment and is an expense.
Answer:
This question is missing the options given below:
A. 11%
B.13%
C. 15%
D. 17%
E. 20%
The correct answer is option B,the bond current yield is 13%
Explanation:
Bonds Current Yield = Year one cash flow / Current Price x 100 = 9 / 71.375 x 100 = 12.60% or approximately 13%
Note that 71 3/8 is the same as 71.375% as 3/8 gives 0.375 and when added to 71% gives 71.375%
The year cash flow is calculated as :9% of bond par value($100)=$9
Answer:
Degree of Operating Leverage = 1.24
Explanation:
given data
Selling price = $35.50 per bear
Total fixed cost = 1,450.00 per month
Variable cost = 16.50 per bear
sells = 390 bears
solution
we get here Degree of Operating Leverage that is express as
Degree of Operating Leverage = Contribution Margin ÷ Operating Income .................1
and
Contribution Margin = Sales - Variable cost .................2
Contribution Margin = (390 bears × $35.50) - (390 bears × $16.50)
Contribution Margin = $7410
and
Operating Income = Sales - Variable cost - Fixed Costs ................3
Operating Income = (390 bears × $35.50) - (390 bears × $16.50) - $1450
Operating Income = $5960
so put value in equation 1
Degree of Operating Leverage = 
Degree of Operating Leverage = 1.24
