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dedylja [7]
3 years ago
9

Wallace Publishers Inc. collects 50% of its sales on account in the month of the sale and 50% in the month following the sale. I

f sales on account are budgeted to be $380,000 for April and $334,000 for May, what are the budgeted cash receipts from sales on account for May
Business
1 answer:
Taya2010 [7]3 years ago
4 0

Answer:

Total cash collection may= $362,000

Explanation:

Giving the following information:

Wallace Publishers Inc. collects 50% of its sales on account in the month of the sale and 50% in the month following the sale.

Sales on account:

April=  $380,000

May= $334,000

<u>Cash collection May:</u>

Sales on account from May= 344,000*0.5= 172,000

Sales on account from April= 380,000*0.5= 190,000

Total cash collection may= $362,000

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Tropetech Inc.’s FCFs are expected to grow at a constant rate of 4.62% per year in the future. The market value of Tropetech Inc
weeeeeb [17]

Answer:

The total firm value is $10,877 million

Explanation:

Value of Firm = Expected FCF/(WACC - Growth Rate)

                       = $1,005 million/(0.1386 - 0.0462)

                       = $1,005 million / 0.0924

                       = $10,877 million

Therefore, The total firm value is $10,877 million

6 0
3 years ago
∆DEF, FE=5 and angle D=43
shtirl [24]

The side FE is opposite to the angle <D in the right triangle ∆DEF while DE is the adjacent side.


Thus, FE / DE = tan<D and DE = FE cot<D = 5 / tan 43° = 5/0.93 = 5.4 and the answer is B.

6 0
3 years ago
Rhonda owns 50% of the stock of Peach Corporation. She and the other 50% shareholder, Rachel, have decided that additional contr
marin [14]

Answer:

Explanation:

The transaction is fully taxable because Rhonda, the sole transferor of property, does not have control immediately after the transaction. Therefore, all of the realized gain is recognized.

Amount realized—stock                                                 $200,000

Less: Adjusted basis of property transferred                  (15,000)

Realized gain                                                                   $185,000

Recognized gain                                                             $185,000

b. With the change, Rhonda is trying to avoid recognizing the $185,000 gain. The plan involves Rachel becoming a transfer of property along with Rhonda so that together they would meet the 80% control test. If Rhonda is part of a group that meets the control test, she would avoid recognizing the gain. However, this plan will not be successful. Rachel’s interest cannot be counted since the value of the stock she would receive is relatively small compared to the value of the stock she already owns. In addition, Rachel’s contribution would be made primarily to qualify Rhonda for § 351 treatment.

c. The following alternatives would enable Rhonda to avoid gain recognition:

•    Rhonda can transfer property that has not appreciated in value. For example, if she were to contribute $200,000 of cash to Peach, Rhonda would not recognize gain on the transaction.

•    Rachel could contribute property of an amount that is not small relative to the value of the stock already owned. By doing so, she would be considered a transfer  of property along with Rhonda, and together, they would have control. As a result, Rhonda would avoid gain recognition. For example, if the value of Rachel’s stock is worth approximately $200,000 prior to the contribution, a transfer of at least $20,000 would likely be sufficient to avoid the relative-small-in-value test.

5 0
3 years ago
Inflation: group of answer choices is a continuous decrease in the price level. can obscure relative price changes. always makes
eimsori [14]

The Correct Response is Option B.

Inflation: can obscure relative price changes.

  • In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation. Each unit of currency may purchase fewer products and services as the overall price level rises, hence inflation is associated with a decline in the buying power of money.
<h3><u>What occurs when inflation occurs?</u></h3>
  • The main cost of inflation is the loss of real income, which occurs when prices rise unevenly and causes some customers' buying power to decline. For both those who receive and pay fixed interest rates, inflation might over time affect their ability to make purchases.

To learn more about Inflation, Click the links,

brainly.com/question/28136474

brainly.com/question/28190771

#SPJ4

8 0
1 year ago
Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal facto
BARSIC [14]

Answer:

$1120

Explanation:

The computation of the GDP is shown below:

Y = C + I + G + X

Here Y denotes the GDP

C denotes the consumption = $500 - $80 - $20 = $400 and  700 - 50 = $650

I denotes the investment  = $

G denotes the government purchase = $20

X denotes the net exports = $50

So,  

Y = $400 + $650 + 0 + $20 + $50

= $1120

8 0
2 years ago
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