BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 000. Purchases were $ 90 comma 000 in October and are expected to be $ 110 comma 000 in November. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases are paid 30% in the month of purchase and 70% in the following month. The cash balance on November 1 is $ 13 comma 400. The cash balance on November 30 will be
Answers: 3
Business, 21.06.2019 17:20
Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.
Answers: 2
Business, 21.06.2019 20:40
On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.
Answers: 2
Business, 21.06.2019 21:50
The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?
Answers: 2
BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 0...
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