3.Consider the following linear programming formulation:

Grayhawk Company reported net credit sales of $588,000 for the year ending December 31, 2019. On January 1, 2019, the Allowance

Sever21 [200]

Answer:

D) $8,040

Explanation:

Credit Sales Method:

Bad Debt Losses = 3% of Credit Sales

Bad Debt Losses = 0.03 x $588,000

Bad Debt Losses = $17,640

Adjusted balance in the Allowance for Doubtful Accounts:

Bad Debt Losses - (uncollectible accounts receivable - Allowance for Doubtful Accounts)

$17,640 - ($24,000 - $14,400)

$17,640 - $9,600

$8,040

5 0

3 years ago

If the U.S. Department of Education put out a contract for 150,000 laptop computers and the contract stated that preference woul

uranmaximum [27]

Answer:

The Buy American Act

Explanation:

The Buy American Act (BAA) of 1933 requires that American government entities prefer US manufactured products. The law was signed by President Hoover on his last day at office during the Great Depression.

This law only applies to the purchase of products, not services. It requires that government entities must purchase domestic products or products from a list of authorized countries over a certain threshold, which is currently $3,500.

5 0

4 years ago

A $1,000 par value bond was issued five years ago at a 8 percent coupon rate. It currently has 25 years remaining to maturity. I

mixas84 [53]

Answer:

a: current value of the bond $405.11

b: Robison loss: 59.49%

c Pinson gain: 146.85%

As the investment is smaller the percentage change at maturity is greater than the difference in percentage of the par value.

A percent of the original investmentrepresent 10 dollars while !% of Mrs Pinson represent 4.05 dollars

Explanation:

The present value of the bonds is the sum of the present value of the coupon payment and the maturity discounted at market rate:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C: 1,000 x 8% / 2 = 40.00

time: 25 years x 2 payment per year = 50

market rate 0.10

$40 \times \frac{1-(1+0.1)^{-50} }{0.1} = PV\\$

PV $396.5926

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 50.00

rate 0.1

$\frac{1000}{(1 + 0.1)^{50} } = PV$

PV 8.52

PV c $396.5926

PV m $8.5186

Total $405.1111

Robinson capital loss:

405.1111/ 1,000 -1 = -59.49%

If purchased today and held to maturity by Mrs Pinson:

1,000 / 405.1111 - 1 = 146.85%

8 0

4 years ago

Unbeknownst to the rest of the world, Roger was wearing green underwear when he aced his calculus test at the beginning of the s

Andrej [43]

Answer:

Accidental reinforcement.

Explanation:

Accidental reinforcement by definition is an instance in which the delivery of a reinforcer happens to coincide with a particular response, even though that response was not responsible for the reinforcer presentation; also called adventitious

5 0

3 years ago

What is straight ticket?

allsm [11]

A Straight Ticket is a ballot on which all votes have been cast for candidates of the same party.

3 0

3 years ago