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hichkok12 [17]
2 years ago
9

Maple Inc. collects 30% of its sales in the month of sale and the other 70% in the following month. The following shows budgeted

sales for January through March.
January $250,000
February $325,000
March $387,500
What is the amount of cash receipts budgeted for February?
Business
1 answer:
NeTakaya2 years ago
6 0

Answer:

$272,500

Explanation:

The computation of the budgeted cash receipts for February month is shown below:

= February sales × collection percentage + January sales × following month collection percentage

= $325,000 × 30% + $250,000 × 70%

= $97,500 + $175,000

= $272,500

We simply compute the sales based on the collection percentage

All other information which is given is not relevant. Hence, ignored it

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GREYUIT [131]

Answer:

Not change

Explanation:

In the long run we expect firms to earn zero profits. With competitive markets for both inputs and output, and with constant returns to scale, a doubling of all inputs would lead to twice as much output, twice as much revenue, and twice as much cost.

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2 years ago
Acadia, Inc. recorded restructuring charges of $235,542 thousand during fiscal 2017 related entirely to anticipated employee sep
Karolina [17]

Answer:

A. $205,899 thousand

Explanation:

cash flow effect = restructuring charges - the company’s balance sheet included a restructuring accrual

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Read the scenario. Brad has a steady job, earns a solid income, and plans to live in a nearby city for the long term. He is look
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Buying both a car and a home.
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2 years ago
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If gasoline taxes were significantly increased in the united states, then select one:
zmey [24]
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4 0
2 years ago
Theo currently owns 700 shares of JKL, which is an all-equity firm with 320,000 shares of stock outstanding at a market price of
valentina_108 [34]

Answer:

correct option is c. 43.75

Explanation:

given data

share own = 700

stock outstanding = 320000

market price = $25

interest and taxes =  $160,000

debt = $500,000

interest = 7%

loan = 7.5 percent interest

to find out

How many shares of JKL stock must Theo sell to unlever

solution

first we get here no of share that repurchased is express  as

no of share =  \frac{debt}{market\ price}     ..............1

no of share =  \frac{500000}{25}

no of share = 20,000 shares

sell = share own × ( no of share ÷ stock outstanding  )    .................2

sell = 700 × \frac{20000}{320000}

sell = 43.75 shares

so correct option is c. 43.75

6 0
2 years ago
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