Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - A company has a revolving line of credit with an asset-based lender for a maximum amount of $10 million.
The agreement calls for an "advance rate" of 75% of eligible receivables and 50% of eligible inventory.
The agreement provides that eligible receivables consist of balances that are not over 60 days old and that eligible inventories consists only of finished goods.
The accounts receivable at the end of the period is $7.5 million with $500,000 over 90 days old.
Inventory is $8 million of which $6 million is finished goods.
Required - Compute the amount the company can borrow at this time on the revolving credit line to the nearest dollar.
What amount of the above should be included in Yew's income statement as charitable contributions expense?
On December 31, 2019, the entity declared dividends of P100,000. What was the amount of dividends payable to ordinary share holders?
Prepare the appropriate journal entries for December 31, 2017, and December 31, 2018.(Round answers to 0 decimal places, e.g. 5,275.)
What the sales revenue needed to achieve a profit of £50,000 in the period would be? A company has budgeted break-even sales revenue of £800,000
Would shareholders of Colt be interested in pursuing the strategy? If the amount Colt owed were only $700,000 would the above conflict arise?
Assume that the business uses $30,000 of its cash to pay salaries. Which of the statements reflects the resulting balance sheet change?
Explain the differences between par value, book value, and market value per share of common stock. How is risk defined in a financial sense?
If the market risk premium is 6% and the risk-free rate is 3%, should you purchase Hayden's stock? Why or Why not? Show by comparing the current selling price.
What is the required adjustment to the Retained Earnings account at the end of 2021 assuming that the books have not yet been closed
You are a consultant for Securitor Inc., Prepare a memo for the committee identifying any issues they should consider in implementing this change.
Garcia Company, Determine present value of the bond's cash flows if the required rate of return is 17.2 percent. (Round final answer to nearest dollar amount.)
This dividend is expected to increase at an annual rate of 5% forever. If the required return is 15%, what is a fair value of this share today?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd