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3 years ago

PLEASE HELP ME!!

Business

1 answer:

Nataliya [291]3 years ago

8 0

Answer:

Ok first off if i had that much money ofc i would buy a house and car. Then i would give some to charity. I would also help my contry by giving them 3 million. I will give some to close familly.Then invest in the rest.

Explanation: That is how i feel about this situation.

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The balance in accounts receivable at the beginning of 2016 was $600. During 2016, $3,200 of credit sales were recorded. If the

andreyandreev [35.5K]

Answer:

$3,100

Explanation:

Step 1: Draw up the Accounts Receivable Account

Opening Balance $600 Allowance for Doubtful debt $200

Sales $3,200 Cash Collected $3,100

Closing Balance $500

$3,800 $3,800

To calculate the cash collected from customers

first, add the debit side of the accounts receivable which is a sum of the opening balance and sales= 3,800

Secondly, add the figures in the credit side including allowance for doubtful debt and closing balance= $700

Thirdly, Subtract the lesser side from the greater, $3,800 - $700 = $3,100

$3,100 was cash collected from the customers in 2016

8 0

3 years ago

Widget Co has a market capitalization of $ 100M. It does a 5-for-1 stock split. It then does a 1- for-25 reverse stock split. Fi

photoshop1234 [79]

Answer: $100M

Explanation:

This is a bit of a trick question but when you come into contact with such questions remember this, stock splits do not change the total Market Capitalization. Market Cap is the total cash value of the company's stock in the market. A split would increase the number of shares outstanding but the market cap will remain the same because the shares will decrease in value.

7 0

4 years ago

Lynn regularly works a 40-hour week and earns $9 per hour. She receives time-and-a-half pay for each hour of overtime she works.

ANTONII [103]

Answer:

Her regular gross pay is $360

Explanation:

Regular gross pay is that pay which the person earn on daily basis or it is a fixed amount which he gets after completing a month.

In the question, we have to find out the regular gross pay which includes the daily earning of a person

So, her regular gross pay is equal to

= number of hours × rate per hour

= 40 × $9

= $360

We don't include overtime wages as it is not included in regular gross pay. So, it is ignored.

Hence, her regular gross pay is $360

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3 years ago

The gap between the official rate and the broader rate changes over the course of the business cycle. more specifically, during

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The space between the official rate and the broader fee modifications over the path of the business cycle. greater specifically, for the duration of the gap is probable to the exertions marketplace is beneath strain.

Legit trade price refers back to the alternate fee determined by way of country-wide government or to the rate decided inside the legally sanctioned exchange marketplace. it's far calculated as an annual average primarily based on month-to-month averages (neighborhood currency devices relative to the U.S. dollar).

The official rate refers to the exchange charge determined via national authorities or to the fee decided within the legally sanctioned trade market. it is calculated as an annual common based totally on monthly averages (nearby forex units relative to the U.S. greenback).

Official rate: The legitimate exchange rate is the price of change announced by using a country's foreign exchange administration. typically used by countries with strict foreign exchange controls. market fee: The marketplace alternate price refers to the actual alternate charge for trading foreign exchange inside the loose market.

Learn more about official rate here: brainly.com/question/25970050

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2 years ago

The primary goal of a firm pursuing a blue ocean strategy should be to

Mandarinka [93]

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3 years ago