he following information relates to Jay Co.'s accounts receivable for 2004: Accounts receivable, 1/1/04 $650,000 Credit sales for 2004 2,700,000 Sales returns for 2004 75,000 Accounts written off during 2004 40,000 Collections from customers during 2004 2,150,000 Estimated future sales returns at 12/31/04 50,000 Estimated uncollectible accounts at 12/31/04 110,000 What amount should Jay report for accounts receivable, before allowances for sales returns and uncollectible accounts, on December 31, 2004?
Answers
Answer:
$1,085,000
Explanation:
Given that,
Accounts receivable, 1/1/04 = $650,000
Credit sales for 2004 = 2,700,000
Sales returns for 2004 = 75,000
Accounts written off during 2004 = 40,000
Collections from customers during 2004 = 2,150,000
Estimated future sales returns at 12/31/04 = 50,000
Estimated uncollectible accounts at 12/31/04 = 110,000
Receivable before allowances for sales returns and uncollectible accounts:
= Accounts receivable, 1/1/04 + Credit sales for 2004 - Accounts written off during 2004 - Collections from customers during 2004 - Sales return
= $ 650,000 + $2,700,000 - $40,000 - $2,150,000 - 75,000
= $1,085,000
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Answers
Answer:
Return on investment = -0.07215 or -7.215%
Explanation:
The rate of return or percent return on the investment can be calculated by deducting the initial cost of the investment from the current value of the investment and dividing it by the initial cost.
The return provided by the investment can be calculated by adding the returns provided in form of dividend and capital gains both. Thus, the return can be calculated as follows,
Total dividend = 1.25 * 200 = $250
Total selling value = 35.4 * 200 = $7080
Total value = 250 + 7080 = $7330
Return on investment = (7330 - 7900) / 7900 = -0.07215 or -7.215%
Answers
Answers
Answer:
We can find the capital gains yield from the following formula:
Capital Gains Yield = Increase or decrease in the share price divided by Original cost of the shares when purchased
By putting values
Capital Gains Yield = ($52 - $36)/$52 = -30.7%
Explanation:
We can see that there is a decrease in the share price and this is also evident form the capital gains yield formula.
Answers
Answer:
Brand A Q 2.4
Brand B Q 1.2
Explanation:
Using Excel solver:
contrains:
c4 = 60
d4 = 30
solve e4 for min
variable cell b2:b3
a b c d e
Q Protein Fat Cost
Brand A 2.4 36 24 1.92
Brand B 1.2 24 6 0.6
60 30 2.52
Protein = 60
Fat = 30
Final answer:
Firstly, you have to formulate the objective function and constraints by using the given information. After inputting the model into a solver program, the program will provide the values that deliver the minimum value for the objective function that is subject to the constraints. This is a high school level mathematics problem.
Explanation:
In order to form a linear programming model, you would need to define your decision variables, in this case the amount of food from both brands. If we denote the amount of Brand X food by x and the Brand Y food by y, the objective function (the thing you want to minimize, the cost in this case) will be 0.8x + 0.5y. The constraints are the nutritional requirements: 15x + 20y >= 60 for protein, and 10x + 5y >= 30 for fat.
To solve this model using the Solver method, you would input your model into a solver program and find the values of x and y that minimize the objective function while adhering to the constraints. Result will depend on the specific program used.
This problem, by nature, falls under the Mathematics subject matter, as it involves linear algebra and optimization. It's likely a High School/Early College level question as it involves the application of linear programming models to practical real-world problems.
Learn more about Linear Programming here:
#SPJ12
B. a student loan.
C. a short-term loan.
D. a long-term loan.
Answers
Answer:
D. a long-term loan.
Explanation:
Loans are classified based on varied parameters. There are secure and unsecured loans, installment credit and revolving credit. Also, there loans with fixed interest rates and others with variable interest rates.
Loans are also categorized depending on the duration it takes to repay them. Short term loans are those repaid with one year. For businesses, these loans are short term liabilities.
Long-term loans take longer than one year to repay. The mortgage is to be paid over 30 years period. To businesses, these loans are long-term liabilities.
Answers
Answer:
E = 74.27%
Preferred = 8.10%
Debt = 17.63%
Explanation:
We are asked for the structure weight.
Equity 55,000 shares x 31 = 1,705,000
Preferred stock 3,000 x 62 = 186,000
Debt 400,000 x 101.2/100 = 404,800
Value of the Firm 2,295,800
Now we divide each component by the value of the firm.
Equity weight 1,705,000/2,295,800 = 0,742660 = 74.27%
Preferred stock 186,000 / 2,295,800 = 0,081017 = 8.10%
Debt 404,800/ 2,295,800 = 0,17632197 = 17.63%