All categories

3 years ago

Julia

Business

1 answer:

Nat2105 [25]3 years ago

4 0

Answer:

good morning I hope you l I e for the update on the answer to the answer to the question on the answer to the question on the answer to the question on the answer to the question on the

You might be interested in

Question Content Area A company reports the following: Sales $1,243,190 Average accounts receivable (net) 94,900 Determine the (

erastova [34]

Accounts Receivable Turnover is 13.1 and the number of days in sales receivables is 27.8 days which is approx 28 days.

<h3>What is an Accounts Receivable Turnover?</h3>

Accounts Receivable Turnover is a turnover of several times per year a business collects its average accounts receivable.

Given

Sales=$1,243,190 (we assume whole sales on credit bases)

Average Accounts Receivable=$94,900

No of Days in a Year= 365(days)

Required to calculate:

Accounts Receivable Turnover=?

Number of days sales in receiables=?

Calculation of Accounts Receivable Turnover = Sales is divided by the average accounts receivable.

=$1,243,190/94900

=13.1 times

Calculation of Number of Days sales in Receivable= Number of Days in Year/ Accounts Receivable Turnover

=365/13.1 =28 Days(Approx)

Thus, the Accounts Receivable and a number of days sales in receivables are 13.1 times and 28 days respectively.

Learn more about Accounts Receivable Turnover here:

brainly.com/question/16447941

#SPJ1

6 0

2 years ago

It’s time for Roxanne to start repaying her student loans, which are amortized over the next ten years. Her first month’s paymen

Mandarinka [93]

Answer:

The correct answer is letter "C": Exactly $396.

Explanation:

An Amortization Schedule is a table that shows the amounts of principal and interest that comprise each loan payment. Amortization schedules reveal the true cost of purchasing a home, car or requesting a student loan that is paid with regular, equal installments over a period of time.

Thus, Roxanne should pay $396 monthly for the next 10 years.

4 0

3 years ago

Fill in the blanks with words that would best complete the passage. business of selling, unreasonably dangerous, proximate cause

Elenna [48]

The basis for an action in strict liability which is set forth in the Restatement (Second) of Torts Section 402A can be summarized by the following six requirements. The product must have been in a safe condition when the defendant sold it. The defendant must normally be engaged in the business of selling (or otherwise distributing) that product. Most of the states require that the product must be _unreasonably dangerous to the user or consumer because of its defective condition. The plaintiff must incur physical harm to self or property by use or consumption of the product. The defective condition must be the proximate cause of the injury or damage. The goods must not have been substantially damaged from the time the product was sold to the time the injury was sustained.

Explanation

When the product is bought it must be in defective condition as per Restatement ( second ) of Torts Section 402A.

The second point as per Restatement ( second) of Torts , section 402 states that the defendant must be in the business of selling or distributing the product.

Moreover, the product must also be unreasonably dangerous to the consumer owing to its bad or defective condition. The plaintiff should incur physical harm to self by the consumption of such product.

7 0

3 years ago

vazorg [7]

Answer:

10,780

Explanation:

Cash required for payment

= Net purchases * (100-discount)%

= (14,500-3,500) * (100-2)%

= 10,780

B) Inventory

As the asset has to be reduced

6 0

3 years ago

Assume that the risk-free rate is 8 percent, the expected return on the market is 13 percent, and that a share of stock in your

lana [24]

Answer:

The investors should be willing to pay $49.50 for this stock

Explanation:

Hi, first, we need to find out what the cost of equity is in order to find the price of the stock. that is:

$r(e)=rf+beta(rm-rf)$

Where:

rf= Risk free rate

rm=return on the market

r(e)=cost of equity

After finding r(e), we would need to find the price using the following equation.

$Price=\frac{Do(1+g)}{r(e)-g}$

Where:

Do= last dividend

g= growth rate

r(e)= cost of equity.

ok, so, let´s find out what the cost of equity is.

$r(e)=0.08+1.4(0.13-0.08)=0.15$

So, the r(e)=15%, now let´s find the price of this stock

$Price=\frac{2.25(1+0.1)}{0.15-0.10} =49.50$

Therefore, the price of this stock is $49.50

Best of luck.

3 0

3 years ago