Answer:
$218,000
Explanation:
Account receivable balance = Credit sales - Cash collection - Wrote-offs
Account receivable balance = $2,200,000 - $1,950,000 - $32,000
Account receivable balance = $218,000
So, the accounts receivable balance would Dinty report in its first year-end balance sheet is $218,000
Answer:
The company's net operating income for the year was: $60,000
Explanation:
Return on investment (ROI) is calculated by using following formula:
ROI = Net income/Total investment
Net Income = ROI x Total investment
Investment Turnover Ratio = Net Sales/(Stockholders' Equity + Debt)
or
Investment Turnover Ratio = Net Sales/Total investment
Total investment = Net Sales/Investment Turnover Ratio
The company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%.
Net Income = ROI x Total investment = ROI x Net Sales/Investment Turnover Ratio = 36% x $400,000/2.4 = $60,000
Answer:
A, income.
Your tax withholding will be lower the more <em>income</em> you have.
<em>I hope this helped at all, sorry if its incorrect.</em>
Answer:
c. stereotypes ready to avoid a decision minefield and remain realistic about cost and difficulty
Explanation:
To take good decisions it is necessary to have many variables into account. However, the conception of stereotypes may skew the decision making process. The main problem about stereotypes is that when these are applied to every situation, new unrealistic scenarios are created, it produces confusion for the decision making process, therefore a bad decision can be taken.