Used to calculate net sales

Assignment Help Financial Management
Reference no: EM131015965

Which one of the following is not used to calculate net sales?

a. sales discount

b. gross sales

c. purchases

d. sales returns and allowance

Reference no: EM131015965

Questions Cloud

Treasury note has a face value : A 3-year treasury note has a face value of $1000 and annual coupon of 8%. The 1-year spot rate is r1 = 2%, and the 1-year forward rates for the next two years are r2 = 4% and r3 = 5%. Compute the price of the T-note. Calculate the 2- and 3-year spot ..
Raise ethical standards in our organizations : Operating a business in an ethical manner takes time, effort and commitment. What are the key elements to a company having successful organizational ethics? What can we do as managers to encourage ethical behavior and to raise ethical standards in ou..
Profit diagram for the straddle mentioned : An investor purchases a call on a stock, with an exercise price of $45 and premium of $3, and a put option with the same maturity that has an exercise price of $45 and premium of $2. Please draw a payoff diagram and a profit diagram for the ‘straddle..
What is the price of a european put option : Currently a stock is trading at $25/share. A three-month European call option with a strike price of $25 is valued at $1.3214. Assume that the risk-free rate is 2.5% and that the standard deviation of stock returns is 25%. What is the price of a Euro..
Used to calculate net sales : Which one of the following is not used to calculate net sales?
What is the bank discount yield-the bond equivalent yield : A Treasury bill with 141 days to maturity is quoted at 97.540. What is the bank discount yield, the bond equivalent yield, and the effective annual return? (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal ..
Using the declining-balance method : A truck costs $35,000 with a residual value of $2,000. Its service life is five years. Using the declining-balance method at twice the straight-line rate, the book value at the end of year 2 is...
Write out the constant growth model : Write out the constant growth model. Based on the model, explain why a company's stock price will drop if the company cuts dividends?
Current yield on these bonds : Argos Corp. has 9 percent coupon bonds making annual payments with a YTM of 8.5 percent. The current yield on these bonds is 8.85 percent. How many years do these bonds have left until they mature?

Reviews

Write a Review

Financial Management Questions & Answers

  Find the present value of these cash flows

You have accumulated some money for your retirement. You are going to withdraw $53,305 every year at the end of the year for the next 28 years. How much money have you accumulated for your retirement? Your account pays you 14.98 percent per year, com..

  Share initial margin requirement

You open a brokerage account on January 1 and sell short 500 shares of Apple Computer at $163.39 per share. The initial margin requirement is 50%. Assume that Apple pays an annual dividend on December 31 of $5.50 per share. What is the margin balance..

  Home improvement store has a washing machine on sale

The home improvement store has a washing machine on sale for $601. With the period due in two years from today. The store is willing to discount the price at an annual rate of 9% ( Compounded annually) if you pay today. What is the amount if you pay ..

  The asset beta for firms in the same industry code

The asset beta for firms in the same industry (SIC) code and determine that value is 1.15. The firm plans on keeping its D/E ratio constant (at the current level) going forward and the tax rate is expected to be 35%. The beta of the firm's de..

  Equity multiplier-What was the firms ROE

Company abc had a profit margin of 6.25% , total asset turnover of 1.5 and an equity multiplier of 1.8. What was the firms ROE? What would happen if the equity multiplier went up to 2.5?

  The yield to maturity of bond

The yield to maturity of a $1000 bond with a 7% coupon rate, semiannual coupons, and two years to maturity is 7.6% APR, compounded semiannually, what must its price be?

  What is the size of annual payments the father must make

Susan will start attending college in September 2024 at which time she will need $12,000 for the first year of study. Her costs at college for the next three years are estimated at $14,000, $16,000, and $18,000, respectively. What is the size of the ..

  Issue of preferred stock

Holdup Bank has an issue of preferred stock with a $4.95 stated dividend that just sold for $86 per share. What is the bank’s cost of preferred stock?

  Miscellaneous itemized deductions

Which of the following miscellaneous itemized deductions is not subject to the 2% AGI Floor?

  Required return differs from the coupon interest rate

Pecos Manufacturing has just issued a 15-year, 12% coupon interest rate, $1,000-par bond that pays interest annually. The required return is currently 14%, and the company is certain it will remain at 14% until the bond matures in 15 years.

  Which of the authors is correct

One author says that duration is the weighted average life of a financial instrument. A different one says that duration is a measure of elasticity. Which of the authors is correct? Or, are they both correct?

  Inventory costing method

Which inventory costing method should a company use when it wants to minimize taxes? Does your response depend on whether prices are rising or falling? Explain your answer.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd