Answer:
$3,400,000
Explanation:
The computation of the credit sales is shown below:
As we know that
Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers
$750,000 = $550,000 + credit sales - $460,000 - $4,060,000
$750,000 = $4,150,000 + credit sales
So, the credit sales is
= $4,150,000 - $750,000
= $3,400,000
Simply we applied the above formula
Some long-time period problems applicable for dealing with ability, revenue, and patron satisfaction for Southwest airways includes right usage of the corporation’s fleet of airplanes.
This is a applicable difficulty as it directly influences capability, sales, and customer pride if planes are not being properly applied. For example, all three of these factors will lower if half of Southwest’s fleet became grounded and flights had to be cancelled, or all three factors could growth if the whole fleet turned into being utilized to its fullest extent. Some other lengthy-term issue this is relevant to these three factors is turnaround time at Southwest gates, due to the fact as we found out, as low as a sixty second postpone can create a decrease in capability, sales and patron delight.
Learn more about Southwest airways here:- brainly.com/question/27802425
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<span>If the ratio of 10% and assuming that banks keep no excess reserves, imagine that $300 is deposited into a checking account, then $ 1,287 is the amount for the money supply to increase if the fed lowers the required reserve ratio to 7%.</span>
Answer:
Ans. Price of the bond is $9,250.57
Explanation:
Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)
Coupon=10000*(4.9%/2)= $245
To turn the annaul YTM to semi-annual, we have to use the following equation
After all this, we are ready to find the price, here is the math of this.
Best of luck.
