Answer: 3.91
Explanation: We can calculate operating leverage by using following formula:-
where,
contribution = sales - variable cost
= sales - ( variable cost of goods sold + supplies )
= $52,260 - ( $26,260 + $5460)
= $20,540
Now, putting the values into equation we get :-
= 3.91
The amount that was to be receivable in the year 2015 decreased and the balance of allowance for doubtful accounts also decreased.
<u>Explanation:</u>
According to the information that was given, the amount that was receivable in 2014 was 13,832 million where as in the year 2015 it was 13,363 millions. The ending balance of allowance for doubtful accounts in 2014 was 232 million and in 2015 it was 189 millions.
All this information shows that the accounts and the amounts in the accounts decreased from the year 2014 to year 2015.
Answer:
$29.83
Explanation:
This question requires application of dividend discount model, according to which current value of share is present value of dividends expected in future.
where V2 is the terminal value, present value of dividends growing at constant growth rate,
V2 = Div3 ÷ (r - g)
Div3 = $2.24 × (1 + 2.8%)
= $2.30272
V2 = $2.30272 ÷ (0.102 - 0.028)
= $2.30272 ÷ 0.074
= $31.12
= 2.36 + 1.84 + 25.63
= $29.83
Answer:
I would hire myself because my mom is a virgin but the sheets are still cold so the mayonaise is probably adopted but thank you I have a cat
The normal side of account payable is on the credit side which means the supplies, services, or purchases a company bought is on credit terms. This is used as opposed to cash when you can't pay for the purchase yet. So, a debit to accounts payable means there is a payment made to a supplier or vendor.
