User Account

All Pages

What is the company accounts receivable balance

Assignment Help Accounting Basics
Reference no: EM131975386

Question - Cosplay Unlimited sells 780 outfits per year at an average price of $161. The terms of the sale are 1/10, net 30. The discount is taken by 69 percent of customers. What is the company's accounts receivable balance? Assume 365 days per year.

A. $10,321.64

B. $6,662.77

C. $11,353.81

D. 5,573.69

E. $7,751.85

Reference no: EM131975386

Questions Cloud

How much to pay in self-employment taxes : What are self-employment taxes? If you start a sole proprietorship, how would you determine how much to pay in self-employment taxes?
What is the arbitrage free future exchange rate : What is the arbitrage free future exchange rate between the euro and the U.S. dollar for two years in the future in euros per dollar?
What effective annual interest rate does the firm earn : What effective annual interest rate does the firm earn if the discount period is increased to 25 days? (Do not round intermediate calculations).
Company weighted average flotation cost : Your boss has decided to fund the project by borrowing money because the flotation costs are lower and the needed funds are relatively small.
What is the company accounts receivable balance : The terms of the sale are 1/10, net 30. The discount is taken by 69 percent of customers. What is the company's accounts receivable balance
Compute the carrying value per share of selks investment : Compute the carrying (book) value per share of Selk's investment in Kildaire common stock as reflected in the investment account on January 1, 2017.
How much more interest will the firm pay : Based on the interest rate on debt, how much more interest will the firm pay in 2014? (Assume that all new debt is issued at first of year).
What is the value of the float : Deposited amounts are available after an average of 3 days. Is this a disbursement or collection float? What is the value of the float
Calculate incremental annual free cash flow for project : The marginal tax rate will be 40 percent. Calculate the incremental annual free cash flow for the project.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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