Answer:
$3760
Explanation:
Calculation to determine the December 31 balance in Bad Debt Expense
Using this formula
Bad debt expense = Credit sales × Uncollectible percentage
Let plug in the formula
Bad debt expense= $94,000 × 4%
Bad debt expense= $94,000 × 0.04
Bad debt expense= $3760
Therefore the December 31 balance in Bad Debt Expense will be $3760
The upside of changing its assembling frameworks is to enhanced item quality and lessened preparing time.
JIT and the lean maker has numerous bene±ts including enhanced item quality and diminished handling time, and decreased waste and stock, bring down work and generation costs, and expanded assembling adaptability.
Answer:
A lot of information is missing, so I looked for similar questions:
- 1,064 yd of fencing is available
since 1,064 is the perimeter and we have a rectangle, we can write the perimeter equation as: 2L + 2W = 1,064
area = L · W
2W = 1,064 - 2L
W = 532 - L
now we replace in the area equation:
area = (532 - L) · L = -W² + 532W (quadratic equation format)
the value of L as our X coordinate:
L = 532 / 2 = 266
W = 532 - 266 = 266
area = -(266)² + (532 x 266) = -70,756 + 141,512 = 70,756 sq yards
or
area = 266 · 266 = 70,756 sq yards
When you have a rectangle, the largest possible area is a square, where both sides have the same length.
Answer:
9.75%
Explanation:
EPS = Earning per share = $5
DPS = Dividend per share $1.25
ROI = return on investment = 13%, or 0.13
RR = Retention rate = (EPS - DPS)/EPS = ($5 - $1.25)/$5 = 0.75, or 75%
Growth = RR * ROI = 13% * 75% = 9.75%
Therefore, the expected growth rate for KTI's dividend is closest to 9.75%
Answer:
$115,000
Explanation:
Ending assets= assets at the start of the year + revenue - dividend
Asset at the start of the year= $111,000
Revenue= $5,900
Dividend= $1,900
Therefore the amount of Golden assets at the end of the year can be calculated as follows
= $111,000 + $5,900-$1,900
= $116,900-$1,900
= $115,000
Hence the amount of Golden assets at the end of the year is $115,000
