A target market is a group of customers that a business decides to aim its marketing efforts and ultimately its products on.

Suppose touchtech, a hand-held computing firm, is selling bonds to raise money for a new lab—a practice known as finance. buying

lbvjy [14]

Just think here itll come to you eventually

7 0

3 years ago

At December 1, 2022, Coronado Industries Accounts Receivable balance was $15790. During December, Coronado had credit sales of $

mylen [45]

Answer:

$24,250.00

Explanation:

Account receivable balance represent the value of credit sales that remain unpaid as at the end of a particular accounting period.

It is ascertained as follows:

Receivable balance = Opening balance + Credit Sales - collected accounts receivable

Receivable balance = 15,790 + 42,300 - 33, 840

= $24,250.00

Accounts Receivable balance is $24,250.00

6 0

3 years ago

Summers, Inc., is an unlevered firm with expected annual earnings before taxes of $32.5 million in perpetuity. The current requi

mezya [45]

Answer:

Check the explanation

Explanation:

Check the attached image below for:

1) Value of equity = EBIT x (1 - tax) / Cost of equity

2) Stock Price

3) PV of tax shield

Value of the firm

4) Price per share

5) No. of shares repurchased

6) New price

7) Value of equity = (EBIT - Interest) x (1 - tax) / Cost of equity

8 0

3 years ago

The following are budgeted data: January February March Sales in units 16,000 22,000 19,000 Production in units 19,000 20,000 18

m_a_m_a [10]

Answer:

Purchases= 19,625 pounds

Explanation:

Giving the following information:

Production in units:

February= 20,000

March= 18,500

The inventory of materials at the end of each month should equal 25% of the following month's production needs.

To calculate the purchases of raw materials, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,000 + (18,500*0.25) - (20,000*0.25)

Purchases= 19,625 pounds

7 0

3 years ago

Assume that on September 1, Year 1, a six-month property insurance premium of $12,000 was paid for a policy whose coverage began

inn [45]

Answer:

Debit Insurance expense $8,000

Credit Prepaid insurance $8,000

Explanation:

The company uses asset method of recording the purchase of insurance. Hence, at end of year end the company must recognize the expire portion of the policy and charge it against insurance expense.

$12,000 / 6 months = $2,000 (monthly insurance expense)

$2,000 x 4 months (September 1 to December 31) = $8,000

Entry:

Debit Insurance expense $8,000

Credit Prepaid insurance $8,000

The balance of the prepaid insurance at the end of first year is $4,000 (12,000 - 8,000).

6 0

3 years ago