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3 years ago

The formula for accounts receivable turnover is computed as _____ divided by average accounts receivable, net.

Business

1 answer:

Alecsey [184]3 years ago

6 0

Answer:

revenue

Explanation:

Accounts receivable turnover is an example of activity ratios. It measures the efficiency by which accounts receivable are collected.

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A financial analyst is attempting to assess the future dividend policy of Environmental Systems by examining its life cycle. She

GrogVix [38]

Answer:

Consider the following calculations

Explanation:

A. Dividend per Share = Dividend Payout Ratio * Earnings Per Share

Putting the values given to calculate dividend per share we get,

Stages DPS = Payout Ratio * EPS DPS

Stage 1 =0.00*$0.30 $0

Stage 2 = 0.13*1.95 $0.25

Stage 3 =0.31 * $ 2.80 $0.868

Stage 4 = 0.56*$3.40 $1.90

b. Calculation of Investors After Tax Income from Cash Dividend:-

Cash Dividend = Number of Shares * DPS in Stage IV

= 290 * $ 1.90

= $552.16

After Tax Income = DIvidend ( 1 - Tax Rate)

= $ 552.16 ( 1- 0.15)

= $ 469.34

C:- In Stage II and Stage III for Growth & Expansion respectively, the firm is likely to utilise stock dividend or stock split.

5 0

4 years ago

When Coca-Cola determines the bottled-water competitors for its Dasani brand by identifying the products or sets of products wit

GarryVolchara [31]

Answer: Category membership

Explanation:

According to the given question, the given situation is basically determining the dasani's category membership as it helps in categorizing the various types of products and the services on the basis of their similar features and the characteristics.

The main purpose of the category membership is that it helps in understanding the various types of offers related to the specific brand and also the high competitive choice.

The customers basically wanted the product at lower price with high quality and they usually prefer the discount offers. Therefore, Category membership is the correct answer.

4 0

4 years ago

On a separate sheet of paper, copy the multi- flow map below. organize information on how firms determine their total costs by c

larisa86 [58]

Answer:

The correct answer is the definition of fixed and variable costs.

Explanation:

The cost of production of a company can be subdivided into the following elements: rents, wages and wages, depreciation of capital goods (machinery and equipment, etc.), the cost of raw materials, interest on operating capital , insurance, contributions and other miscellaneous expenses. Different types of costs can be grouped into two categories: fixed costs and variable costs.

Fixed costs

The fixed costs are those that the company necessarily has to incur when starting its operations. They are defined as costs because in the short and intermediate term they remain constant at different levels of production. As an example of these fixed costs, executive salaries, rents, interest, insurance premiums, depreciation of machinery and equipment and property taxes are identified.

Variable costs

Variable costs are those that vary with the volume of production. The total variable cost moves in the same direction of the production level. The cost of raw material and the cost of labor are the most important elements of variable cost.

The decision to increase the level of production means the use of more raw material and more workers, so the total variable cost tends to increase production. The variable costs are, then, those that vary as production varies.

5 0

3 years ago

Before prorating the manufacturing overhead costs at the end of 2020, the Cost of Goods Sold and Finished Goods Inventory accoun

Art [367]

Answer:

the Cost of Goods Sold balance after the proration is $56,140 (none of the suggested solutions)

Explanation:

Step 1 Consider whether there was an Over or Under Application of Overheads.

Applied Manufacturing Overhead $98,400 > Actual Manufacturing Overhead $93,000

Overheads were thus Over-Applied by $5,400

Step 2 Allocate the Over- Application of Overheads to Closing Inventory in proportion to their weightings

Item Total Weight % Allocation

Cost of Goods Sold $59,400 60.37% 3,260

Finished Goods Inventory accounts $39,000 39.63% 2,140

Total $98,400 100.00% 5,400

Balances after allocation :

Cost of Goods Sold = $59,400 - $3,260 = $56,140

6 0

4 years ago

Read 2 more answers

A corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the

Vitek1552 [10]

Answer:

The entry to record the payment of attorneys fees by a way of share issue will be:

Dr Organization expense $5000

Cr Share capital $3000

Cr Share premium $2000

Explanation:

Firstly, the fees payable to the attorneys is $5000,hence organization expense is debited with $5000.

However, the value of the shares given is 300*$10 i.e $3000,as a result, the attorneys have indirectly paid $2000 more for the shares, the excess is recorded in paid in share capital in excess of par value account or a share premium account.

The rationale for the entries is that expense account takes debit when it increases and capital account a credit.

5 0

3 years ago