Answer:
$12,900
Explanation:
Calculation for the amount of accounts receivable written off during the year
Beginning Balance $5,600
Add Bad debt expense $12,000
(2% x $600,000)
Less End-of-year balance ($4,700)
Accounts receivable written off $12,900
($5,600+$12,000+$4,700)
Therefore the amount of accounts receivable written off during the year will be $12,900
1 c AROUND THE INDUSTRY AVERAGE FOR OUR FEILDS
2c LOST PRODUCTIVE TIME PROSPECTIVE NEW HIRES
3C LEAVING TO ATTEND COLLEGE FULL TIME
The Cost of Goods Sold for 2019 is forecasted to be $30,600.
<h3>What is Cost of Goods sold?</h3>
This refers to total amount that a firm paid as a cost directly related to the sale of products.
The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).
Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.
Cost of Goods Sold (2019) = $30,000 *(1+0.02)
Cost of Goods Sold (2019) = $30,000 *1.02
Cost of Goods Sold (2019) = $30,600
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Answer:
The independent cases not given in the question are:
a. Case A: Market interest rate (annual): 4 percent.
b. Case B: Market interest rate (annual): 6 percent.
c. Case C: Market interest rate (annual): 8.5 percent.
At 4% issue price is $583,502.44
At 6% issue price is $501,500.00
At 8% issue price is $433,344.51
Explanation:
The price of the bond can be computed using the pv value formula in excel.
=pv(rate,nper,pmt,fv)
rate is the market interest given in the three cases divided by since the bond is a semi-annual interest paying bond. for example 4%/2=2%
nper is the time to maturity multiplied by 2 i.e 10*2=20
pmt is the coupon interest receivable by investor semi-annually which is 6%/2*$501,500=$15045
fv is the face value at $501,500
at 4%
=pv(2%,20,15045,501500)
=$583,502.44
at 6%
=pv(3%,20,15045,501500)
=$501,500.00
At 8%
=pv(4%,20,15045,501500)
=$433,344.51
B. To see where most of your money is going
I'm taking the test right now on apex.
