Answers: 2
Business, 22.06.2019 07:30
Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.
Answers: 2
Business, 22.06.2019 20:10
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
Business, 23.06.2019 01:40
Which of the following statements is incorrect? select one: a. personal creditors have first claim on partnership assets.b. partnerships are subject to dual taxation.c. no law requires partners to create a written partnership agreement, but it's smart to do so.d. partnership has limited life and unlimited liability.
Answers: 3
Business, 23.06.2019 04:40
Aneighborhood home owners association suspects that the recent appraisal values of the houses in the neighborhood conducted by the county government for taxation purposes is too high. it hired a private company to appraise the values of ten houses in the neighborhood. the results, in thousands of dollars, are?
Answers: 1
A customer, age 40, is concerned that the inflation rate is ready to explode, and wishes to invest f...
Chemistry, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Arts, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10
Mathematics, 02.04.2021 21:10