Roughly two-thirds of all lobbyists in the nation's capital represent

Avon Products, Inc., located in New York City, is one of the world’s largest producers of beauty and related products. The compa

kvv77 [185]

Answer:

a) Accounts Receivable 2015 = $443,000 2014 = $515,600

b) Bad Debt Expense = $144,100

c) Gross sales = $6,083,300

d) Cash collected from Customers = $6,005,000

Explanation:

a and b are given.

c) Gross Sales = $6,076,500 + $6,800 = $6,083,300

d) Cash collected = opening balance in Account receivable + credit Net sales - Bad debt - Closing balance in Accounts Receivables

= $515,600 + $6,076,500 - $144,100 - $443,000

=$6,005,000

4 0

2 years ago

An analyst following Barlow Energy has compiled the following information in preparation for additional analysis she has to incl

Vadim26 [7]

Answer:

FCFE: 99

Explanation:

FCFE: cash flow from operation - CAPEX + borrowing

we calcualte the cash flwo form operation using the indirect method:

net income - preferred dividends = available for common stock

income = 125 + 14 = 139

net income 139

depreciation expense 50

change in working capital (30)

cash flow from operation: 159

CAPEX will be the long term assets investment

investment on fixed capital<u> 100 </u>

CAPEX 100

net borrowing 40

159 -100 + 40 = 99

3 0

2 years ago

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations,

Anna71 [15]

Answer:

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations, the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.

False

Explanation:

Any company could be sued at anywhere so far there is bridge of agreement or contract, with the analogy above such consulting American company would be sued but in the above case, a consulting American firm can not sue themselves unless someone in the company sue the American consulting firm

3 0

2 years ago

Cakery Bakery received $1,000 from a customer on August 5, 2016 for a wedding cake to be delivered on September 19, 2016. What w

musickatia [10]

September 19, 2020 because that is when the cake successfully delivered

4 0

2 years ago

The function of accounting includes analyzing, recording, classifying, summarizing, reporting, strategic management and environm

Arlecino [84]

I'm assuming you want to talk about accountants, that is a practitioner of accounting or accountancy. They do disclosure or provision of assurance about financial information. This in turn helps managers, investors, tax authorities and others make decisions about allocating resource.
In the US licensed accountants are Certified Public Accountants (CPAs), or Public Accountants (PAs), this varies from state to state.

6 0

2 years ago