The law of diminishing returns states that if one input in the production of a product is increased while other inputs are fixed, a point will be reached where the addition of more of the input will result in a gradually smaller increase in output. Producers usually take into consideration the law of diminishing return; the law determines the quantity of product that a producer can manufacture and supply in order to make maximum profits.
Relationship marketing aims to build mutually satisfying long-term collaboration with key constituents, such as customers, employees, suppliers, distributors, and other marketing partners, in order to earn and retain their business.
Answer:
The total amount of the "proceeds" from exercise of the hypothetical stock options that Whitney would assume in calculating diluted EPS is $130,000
Explanation:
The computation of the total amount would be equal to
= Number of Common shares × exercise price + Number of Common shares × fair value × not vested option percentage
= 10,000 shares × $10 + 10,000 shares × $5 × 60%
= $100,000 + $30,000
= $130,000
Since the vested percentage is 40% So the not vested would be 60% as the total percentage is 100%
Answer:
Explanation:
Required:1.Calculate the expected cash collections for December. CREDIT SALES COLLECTIONS HISTORY20 % in the month of Sale (OCTOBER) 60 % in the First month after Sales (NOVEMBER) 18 % in the Second month after Sales (DECEMBER) 2 % Projection of Uncollectible Accounts receivable 100 %CASH COLLECTIONS FOR DECEMBER December cash sales................................................$83,000Collections on account:October sales: $400,000×18%.............................72,000November sales: $525,000×60%.........................315,000December sales: $600,000×20%.........................120,000Total cash collections..........................................$590,0002.Calculate the expected cash disbursements for merchandise purchases for December. CASH PAYMENTS HISTORY 30 % Paid in the month of purchases 70 % Paid in the First Month after purchased 100 % CASH PAYMENTS TO SUPPLIERSNovember purchases (accounts payable)..............$161,000December purchases: $280,000×30%.................84,000Total cash disbursements......................................$245,000
3.Prepare a cash budget for December. Indicate in the financing section any borrowing that will be needed during the month. Assume that any interest will not be paid until the following month. ASTHON COMPANY CASH BUDGET FOR MONTH ENDED 12-31-17 Cash Balance 12/1 40 000 Add: Cash Receipts Collections from customers 590 000 Total Cash Available 630 000 Less: Cash Disbursements Payments to suppliers 245 000 Selling & Administration Expenses 380 000 (Total - depreciation = 430 000 - 50 000) New Web Server 76 000 Dividends Paid 9 000 Total Cash Disbursements 710 000 Excess (deficiency) of cash available over disbursements (80 000) Financing: Borrowings 100 000 Repayments 0 Interest 0 Total financing 100 000 Ending cash balance 20 000
Answer:
See below
Explanation:
The donation will increase the assets and the owners' equity. Land and building are assets. An increase in assets is debited.
Donations received are equivalent to 'income' to the business. They add to equity. An increase in equity/capital accounts is credited.
The journal entry will be
Land A/c DR. $39,000
Building A/c DR.$395,000
Donations received A/c CR.$434,000
