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Marat540 [252]
3 years ago
11

2019 2018 2017 2016 2015 Sales $ 282,880 $ 270,800 $ 252,600 $ 234,560 $ 150,000 Cost of goods sold 128,200 122,080 115,280 106,

440 67,000 Accounts receivable 18,100 17,300 16,400 15,200 9,000 Compute trend percents for the above accounts, using 2015 as the base year.
Business
1 answer:
zhuklara [117]3 years ago
8 0

Answer:

Sales

2019 Net Sales = 188.59%

2018 Net Sales = 180.53%

2017 Net Sales = 168.4%

2016 Net Sales = 156.37%

Cost of Goods Sold

2019Cost of Goods Sold = 191.34%

2018 Cost of Goods Sold = 182.21%

2017 Cost of Goods Sold = 172.06%

2016 Cost of Goods Sold = 158.87%

Accounts Receivable:

2019 Accounts Receivable = 201.11%

2018Accounts Receivable = 192.22%

2017Accounts Receivable = 182.22%

2016Accounts Receivable = 168.89%

Explanation:

Computation forn trend percents for the above accounts, using 2015 as the base year:

FOR SALES:

2019:

Net Sales = Sales 2019 / Sales 2015*100

Net Sales = $282,880 / $150,000 * 100

Net Sales = 188.59%

2018:

Net Sales = Sales 2018 / Sales 2015*100

Net Sales = $270,800 / $150,000 * 100

Net Sales = 180.53%

2017:

Net Sales = Sales 2017 / Sales 2015*100

Net Sales = $252,600 / $150,000 * 100

Net Sales = 168.4%

2016:

Net Sales = Sales 2016 / Sales 2015*100

Net Sales = $234,560 / $150,000 * 100

Net Sales = 156.37%

COST OF GOODS SOLD:

2019:

Cost of Goods Sold = Cost of Goods Sold 2019 / Cost of Goods Sold 2015 *100

Cost of Goods Sold = $128,200 / $67,000 * 100

Cost of Goods Sold = 191.34%

2018:

Cost of Goods Sold = Cost of Goods Sold 2018 / Cost of Goods Sold 2015 *100

Cost of Goods Sold = $122,080 / $67,000 * 100

Cost of Goods Sold = 182.21%

2017:

Cost of Goods Sold = Cost of Goods Sold 2017 / Cost of Goods Sold 2015 *100

Cost of Goods Sold = $115,280 / $67,000 * 100

Cost of Goods Sold = 172.06%

2016:

Cost of Goods Sold = Cost of Goods Sold 2016 / Cost of Goods Sold 2015 *100

Cost of Goods Sold = $106,440 / $67,000 * 100

Cost of Goods Sold = 158.87%

ACCOUNTS RECEIVABLE:

2019:

Accounts Receivable = Accounts Receivable 2019 / Accounts Receivable 2015 * 100

Accounts Receivable = $18,100 / $9,000 * 100

Accounts Receivable = 201.11%

2018:

Accounts Receivable = Accounts Receivable 2018 / Accounts Receivable 2015 * 100

Accounts Receivable = $17,300 / $9,000 * 100

Accounts Receivable = 192.22%

2017:

Accounts Receivable = Accounts Receivable 2017 / Accounts Receivable 2015 * 100

Accounts Receivable = $16,400 / $9,000 * 100

Accounts Receivable = 182.22%

2016:

Accounts Receivable = Accounts Receivable 2016 / Accounts Receivable 2015 * 100

Accounts Receivable = $15,200 / $9,000 * 100

Accounts Receivable = 168.89%

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Explanation:

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3 years ago
A firm's current profits are $400,000. These profits are expected to grow indefinitely at a constant annual rate of 4 percent. I
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Answer:

A. $21,200,000

B. $20,800,000

Explanation:

A. Calculation to determine The instant before it pays out current profits as dividends

Value of the firm =[(Current profits) × (1 +Opportunity cost of funds)} ÷ (Opportunity cost of funds - Constant growth annual rate)

Let plug in the formula

Value of the firm= [($400,000) × (1 + 0.06)]÷ (0.06 - 0.04)

Value of the firm= [($400,000) × (1.06)]÷0.02

Value of the firm= $424,000 ÷ 0.02

Value of the firm= $21,200,000

Therefore The instant before it pays out current profits as dividends will be $21,200,000

B. Calculation to determine The instant after it pays out current profits as dividends

Using this formula

Value of the firm =[(Current profits) × (1 +Constant growth annual rate)} ÷ (Opportunity cost of funds - Constant growth annual rate)

Let plug in the formula

Value of the firm= [($400,000) × (1 + 0.04)] ÷ (0.06 - 0.04)

Value of the firm= [($400,000) × (1.04)] ÷ (0.06 - 0.04)

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Answer:

$4,000

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The computation of the cash to be required to settle the liability is shown below:

= Purchase value of inventory - returned inventory which was purchased

= $5,000 - $1,000

= $4,000

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Answer:

c. $3,150

Explanation:

The computation of the gross income is shown below:

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