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Zanzabum
3 years ago
8

The following transactions for the month of March have been journalized and posted to the proper accounts. Mar. 1 The business r

eceived a $9,000 cash contribution from the owner. Mar. 2 Paid the first month's rent of $600. Mar. 3 Purchased equipment by paying $4,000 cash and executing a note payable for $5,000. Mar. 4 Purchased office supplies for $600 cash. Mar. 5 Billed a client for $10,000 of design services completed. Mar. 6 Received $8,000 on account for the services previously recorded. What is the balance in Accounts Receivable
Business
1 answer:
inna [77]3 years ago
8 0

Answer:

$2,000

Explanation:

Calculation for What is the balance in Accounts Receivable

Credit sales $10,000

Less : Collection ($8,000)

Account receivable $2,000

Therefore the balance in Accounts Receivable will be $2,000

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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
kolbaska11 [484]

Answer:

Price of bond = $ 924.50

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).  </em>

Value of Bond = PV of interest + PV of RV  

The price of the bond can be worked out as follows:  

Step 1  

PV of interest payments  

annul interest payment = 6.4 % × 1,000 = 64

Annual yield = 7.5%

Total period to maturity (in years) =10

PV of interest =  

64 × (1- (1.075)^(-10)/)/0.075= 439.30

Step 2  

PV of Redemption Value  

= 1,000× (1.075)^(-10) =   485.19

Step 3

Price of bond  

439.30 + 485.19 =$924.49

Price of bond = $ 924.50

7 0
3 years ago
Decisions made during the supply chain design phase regarding significant investments in the supply chain, such as the number an
Mars2501 [29]

Answer:

The correct answer is True.

Explanation:

A good supply chain aims to maximize the profitability of the company while trying to provide the best service in order to obtain a high degree of customer satisfaction. That is why, when planning the design, it must be customer oriented and not only focused on the company.

Steps prior to the design of the supply chain

When designing the supply chain, there are several points to consider in order to obtain a coherent and functional design.

  • The members that become part of the chain. The first thing to be fixed are the members that are part of the chain, since this will be the guide to go through the rest of the steps. Within this, a subdivision could be carried out, but it is worth mentioning that an agent can be a principal or support agent jointly depending on the work to be done at each moment:
  • Principal. They are the ones that provide direct value to the product or service.
  • Of support. They are those members whose function is to provide information or resources to the main members, such as banks.
  • Structure that forms the chain, that is, all the phases through which a product / service passes in order to be marketed as such. At this point we must try to be as meticulous as possible and always add as much as possible all the phases that are involved, both in manufacturing and in supply.
  • Processes and flows that are carried out in each of the structures mentioned above.
8 0
3 years ago
If the expected sales volume for the current period is 7,000 units, the desired ending inventory is 400 units, and the beginning
Ksivusya [100]

Answer:

7,000 units

Explanation:

Calculation for the number of units set forth in the production budget, representing total production for the current period

Using this formula

Number of units =Current period +Ending inventory - Beginning inventory

Where,

Current period =7,000 units

Ending inventory=400 units

Beginning inventory =400 units

Let make plug in the formula above

Number of units =7,000 units + 400 units-400 units

Number of units =7,000 units

Therefore the Number of units will be 7,000 units

5 0
3 years ago
One way that technological innovation has changed business is by decreasing the use of
lutik1710 [3]

Answer: Paper Forms

Reason: Process of Elimination and Educated Guess (Also, I just learned this)

3 0
3 years ago
A company launched four new products. The market price, in dollars, of the four products after different number of years is show
iragen [17]
<span>anonymous 2 years ago</span><span>A company launched four new products. The market price, in dollars, of the four products after different number of years is shown below: The price of which product will eventually exceed all others?</span>
3 0
3 years ago
Read 2 more answers
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