Answer:
In the balance sheet the firm will disclosure the Account receivables for his net value that is after reducing the expected uncollectible amounts
The net A/r will be of 52,400
Explanation:
he company will do an adjusting entry to create a contra-asset account to represent the net amount of receivables:
bad debt expense 1,200 debit
allowance for doubful expense 1,200 credit
Now, it will use the allowance account to reduce the account receivables balance:
accounts receivables 53,600
allowance <u> (1,200) </u>
net 52,400
Answer:
c. The beta of the portfolio is lower than the lowest of the three betas.
Explanation:
As for any investment portfolio, with number of investments, each investment has its own beta.
When we compute the beta for entire portfolio, the beta is based on weighted average of investments.
Under the weighted average method there are weights assigned on the basis of value of individual investment, out of total value of investment.
Thus, the beta for portfolio, can never be less than the least beta of any individual investment in a portfolio.
Answer:
a. $0
Explanation:
The business would not be subject to taxation in a state until nexus is established; thus the Chipper’s Apportionable income <u><em>(which means income of any class or type or any activity, that fulfils the connection or criteria described either in the "functional test" or "transactional test,”.)</em></u> that is taxed by X equals $0
A public good is a product or service that is available to all members within a society. This type of good is given by the government or a private individual organization without hesitation of who is allowed to use it. Roads are an example of a public good because there is no exclusion on who can drive on a public road. A private good is excludable and only certain people receive the benefits from it. A quasi-public good has characteristics of a private and public good. A. Cable television is an example of a quasi-public good. Cable TV is available to everyone but for everyone to have the TV, they have to pay for it.
Answer:
B) 20.0%
Explanation:
2005:
Sales: 15,000,000
COGS: (12,000,000)
SG&A: <u>(500,000)</u>
EBIT 2,500,000
2006:
Sales: 20,000,000
COGS: (16,000,000)
SG&A: <u>(1,000,0000)
</u>
EBIT 3,000,000
Growth rate = ((3,000,000 - 2,500,000) / 2,500,000 ) x 100 = (500,000 / 2,500,000 ) x 100 = 20%
