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alexgriva [62]
3 years ago
7

The BIG Corporation makes collections on sales according to the following schedule: 25% in month of sale 65% in month following

sale 5% in second month following sale 5% uncollectible The following sales have been budgeted: Sales April $120,000 May $100,000 June $110,000 Budgeted cash collections in June would be
Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

Answer:

Total cash collection= $98,500

Explanation:

Giving the following information:

Cash collection:

25% in month of sale

65% in month following sale

5% in second month following sale

Sale:

April $120,000

May $100,000

June $110,000

<u>Cash collection June:</u>

Sales in cash June= 110,000*0.25= 27,500

Sales on account May= 100,000*0.65= 65,000

Sales on account April= 120,000*0.05= 6,000

Total cash collection= $98,500

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Malden corporation has assets of $1,000,000 and liabilities of $400,000. What is its stockholder equity balance?
Mumz [18]

$600,00 is the Stakeholder Equity Balance.

Stakeholder Equity Balance  = Total Assets - Total Liabilities

                                                 = $1,000,000 - $400,000

                                                 = $600,000

<h3>What is Stakeholder Equity?</h3>

The balance sheet account for stockholders' equity, sometimes referred to as shareholders equity is made up of share capital plus retained earnings. It also symbolizes the difference between the value of assets and obligations. Assets = Liabilities + Stockholders Equity is the original accounting formula, however, it can also be written as

Stockholders Equity = Assets - Liabilities.

Components of the stakeholder Equity are:

  • Share Capital is the term used to describe funds that the reporting company receives from transactions with its owners.
  • Retained Earnings are income-derived quantities also known as Accumulated Other Comprehensive Income and Retained Earnings (for IFRS only).
  • Dividends and Net Income: Dividend payments lower retained profits while net income increases them.

Therefore, $600,000 is the stakeholder equity balance.

For more information on Stakeholder Equity balance, refer to the given link:

brainly.com/question/24601429

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5 0
2 years ago
Vulcan, Inc., has 8.5 percent coupon bonds on the market that have 8 years left to maturity. The bonds make annual payments and
irga5000 [103]

Answer:

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Explanation:

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The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the current bond price is $895.22

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The answer to this question is the last item in the choices which is "decrease consumer surplus". Thus, we have it like along a given downward-sloping demand curve, an increase in the price of a good will also result to decrease consumer surplus. Also, when decrease consumer surplus is happening it will effect also to increase producer surplus.
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A) marginal revenue of his 3rd print job is
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