A $72 NSF check was returned from Mr. Smith, a company client. On a bank reconciliation, this would be shows as a(n)

A city starts a solid waste landfill during 2017. When the landfill was opened the city estimated that it would fill to capacity

Allushta [10]

Answer:

The interpretation of the particular question is outlined in the following segment on the clarification.

Explanation:

The facility was indeed 20 percent full by either the end of December 2017 therefore the 3,00,000 would still have been recognized as an expenditure.

The facility also seems to be 45 percent complete at either the end of 2018, meaning that the 3,75,000 will have been accepted as expenditures,

⇒ $1,500,000\times (45 \ percent-20 \ percent)$

By most of the end of the decade, the financial sheet provides a snapshot 6,75,000 although this debt would be,

⇒ $1,500,000\times 45 \ percent$

So 3,75,000 should have been shown as the cost of the rest in the financial information for 2018, as well as 6,75,000 would have been shown as contractual obligations.

6 0

3 years ago

In its 2018 fiscal year, the data storage company, NetApp Inc., reported that it had 267.9 million shares of common stock outsta

makvit [3.9K]

Answer:

option (C) 8.8

Explanation:

Data provided in the question:

Common stock outstanding = 267.9 million shares

Market price = $68 per share

Value of common stock equity reported = $2.067 billion

Now,

Market value = Market price × Number of Common stock outstanding

= $68 × 267.9 million

= $18,217.2 million

= $18,217,200,000

Book value = $2.067 billion = $2,067,000,000

therefore,

NetApp's market/book ratio = $18,217,200,000 ÷ $2,067,000,000

= 8.81 ≈ 8.8

Hence,

Answer is option (C) 8.8

8 0

3 years ago

How might buyers' perceptions of price influence pricing decisions?

777dan777 [17]

Answer:

if s buyer thinks it high the manager or whoever will raise the price and vice versa

Explanation:

5 0

3 years ago

Biogenetics, Inc. plans to retain and reinvest all of their earnings for the next 30 years. Beginning in year 31, the firm will

Ilya [14]

Answer:

the stock sell for today is $1.16

Explanation:

The calculation of the stock sell for today is as follows;

Value after year 31 is

= (D31 ÷ Required return)

= $30 ÷ 0.18

= $166.666667

Now the current value is

= Future dividend and value × Present value of discounting factor(rate%,time period)

= $30 ÷ 1.18^31 + $166.666667 ÷ 1.18^31

= $1.16

Hence, the stock sell for today is $1.16

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0

3 years ago

Howard Cooper of Owens Corning Fiberglass talks to David Weekley, a homebuilder, to find out how much fiberglass insulation he i

Mars2501 [29]

A buildup approach is used by Howard to find out how much fiberglass insulation to use in building homes

<h3>What is a buildup approach?</h3>

This refers to the method of calculating an market's revenue potential by recognizing the number of probable purchasers in the market and ther purchaser's requirements as well.

Hence, this same approach is used by Howard to find out how much fiberglass insulation to use in building homes.