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Assume sam sell 2500 books on account for $11 each (cost these book is $16500) on 10th October, 2012. One hundred of these books (cost $660) were damaged in shipment, so muddyriver later got the damaged goods as sales return on 13th October, 2012. then the customer paid the balance on 22nd October, 2012. Credit terms provided to the customer were 2/15, net 60.
1. Determine net sales for October 2012
2. Evaluate gross profit for October 2012
Describe and explain why a social system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010.
Alpha Caps Company has budgeted production of 4,000 units in January. Each unit requires 1.5 hours of labor. The standard labor rate is $8.00 per hour. How much are total budgeted direct labor costs for January?
According to the new requirement, the company should record an expense $50,000 for 2005 and $50,000 for 2006. During 2008, all options are exercised. Illustrate what is the effect of the free cash flows for 2005?
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An administrator of a popular website is told that a new faster server, which will replace the old server, can handle 45,000 hits (users accessing the site) per second.
The future value of one for five periods at 8% is 1.46933. The future value of an ordinary annuity for five periods at 8% is 5.8666. The present value of an ordinary annuity for five periods at 8% is 3.99271. What was cost of the machine to Jenks?
Consider the overall effect of these two ratios. Did Foot Locker, Inc. improve during fiscal 2007? How did these factors affect the net income for fiscal 2007?
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