Answer:
Dividend Yield = 0.25423 or 25.423% rounded off to 25.42%
Explanation:
The dividend yield is the return provided by a stock in form of dividend which is expressed as a percentage of the current market price. Thus, dividend yield can be calculated as follows,
Dividend Yield = Annual Dividend / Current Market Price
Dividend Yield for Gwen will be,
Dividend Yield = 3.75 / 14.75
Dividend Yield = 0.25423 or 25.423% rounded off to 25.42%
The overdraft fee is the fee that John was charged on his checking account.
<h3>What is an overdraft fee?</h3>
This is a fee that has to be paid due to the fact that a payment has been authorized.
The overdraft fee is usually paid to cover transactions if there are not enough funds in the account.
<h3>The checking account</h3>
This is a current account that lets deposit and easily withdraw for the sake of transactions.
Read more on the overdraft fee here: brainly.com/question/25532516
Answer:
D: Optimum Order size
Explanation:
Economic Order Quantity (EOQ) is a formula applied in logistic and supply chain management to calculate a business's ideal order size. As the name suggests, the order EOQ provides an order quantity that makes economic sense.
Economies of scale suggest that a bigger order size is better because the business will save transport costs. However, ordering in large quantities increases the cost of holding stock. The economic order quantity strikes a balance between these two important factors.
Answer:
(a) $40
(b) $24,000
(c) 40%
Explanation:
Given that,
Selling price = $100 per unit
Variable costs = $60 per unit
Fixed costs = $2,500 per month
Contribution margin per unit:
= Selling price - Variable costs
= $100 per unit - $60 per unit
= $40
Total Contribution margin:
= Contribution margin per unit × No. of units sold
= $40 × 600 units
= $24,000
Contribution margin ratio:
= (Selling price - Variable costs) ÷ Selling price
= ($100 per unit - $60 per unit) ÷ $100 per unit
= 0.4 or 40 %
Answer:
- The journal to record the write-off is:
Debit Allowance for doubtful accounts $6,400
Credit Accounts receivable $6,400
- Cash realizable value of the accounts receivable (1) before the write-off is $670,300 (2) after the write-off is $670,300.
Explanation:
- The write-off would impact the allowance for doubtful accounts and the accounts receivable since Bramble Corp. uses the allowance method. See the journals as recorded above.
- The balance in the allowance for doubtful accounts would have reduced by $6,400 upon the write-off, so did the balance in the accounts receivable, so the effect of the write-off evens out. That led to the cash realizable value of $670,300.
