Enok, a prospective franchise owner, is looking to keep his monthly costs as low as possible. The franchisor he is checking out
1 answer:
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Answer:
amount of the net source $15
Explanation:
cash = $183
received amount = $392
inventory =$714
payable amounts =$463
current assest = (183+392+714)-463=$826
current liabilities =(167+682+409-447)=$811
cash = $167
received amount = $409
inventory =$682
payable amounts =$447
current liabilities =(167+682+409-447)=$811
Hence since current liabilities is more than current assests, therefore there will be loss of accounts
Hence source of cash= (826-811) = $15.
Answer:
The events have been explained below while the Horizontal Statement is attached for Expert Computers as of 2018.
Explanation:
Expert Computers
Horizontal statements model
For the year ending 2018
2. It means that if Expert Computers opt to pay for merchandise inventory within 10 days than they can avail the discount of 2%, otherwise they will be paying net amount in 30 days.
3. A/C Payable Balance = $70,000
Paid 1 Half = $70,000 x 1/2 = $35,000
Discount = $35,000 x 2% = $700
Cash Decrease by = $35,000 - $700 = $34,300
4. It means that if the buyer pays the amount within 20 days of the purchase than Expert Computers will give 1% discount, otherwise full amount needs to be paid within 30 days.
5. This is the cost of goods sold.
6. Account Receivables = $56,900
Discount Allowed = $56,900 x 1% = $569
Cash = $56,900 - $569 = $56,331
8. Since the discount is not availed as payment to vendor made within 30 days. Hence, the remaining amount of current liability will balance out with $35,000.
Answer:
Profit-maximizing price per drug treatment is $2,000
Explanation:
The "cost of production" (cost of providing all treatments) is given by the area under the cost curve
(The cost curve is the straight line C = 10Q)
It is a right triangle with one side being the quantity (Q) and the other being the cost of the last unit being produced (10Q)
So the cost of production is:
Revenue is given by P * Q = (3,000 - 10Q) * Q
Profit = Revenue - Cost of production = 3,000Q - -
To find maximum, take derivative and solve for:
3,000 - 30Q = 0 => Q = 100
Profit-maximizing quantity is 100. The price will then be P = 3,000 - 10*100 = $2,000