Which account should the company credit

Assignment Help Finance Basics
Reference no: EM13304596

In June when the company receives the $452,000 from the customer, which account should the company credit?

Reference no: EM13304596

Questions Cloud

At what price should the bonds sell : Ryngaert Inc. recently issued noncallable bonds that mature in 5 years. They have a par value of $1,000 and an annual coupon of 5.7%. If the current market interest rate is 7.0%, at what price should the bonds sell?
Ultimately decided the election : In the previous two presidential elections in the United States, very long wait times have been witnessed at precincts (voting stations) in states that ultimately decided the election
Compute the mutual inductance of the coils : In a primary coil the current is initially 3.4 A. After a time of 0.14s, the current will change to 1.6A. What is the mutual inductance of the coils
How much of the borrow material is required to fill the site : The material is brought from a borrow site that has yt=19.5 kn/M63 with w=16.5% and Gs=2.70 How much of the borrow material (in cubic meters) is required to fill the site  How heavy is it
Which account should the company credit : In June when the company receives the $452,000 from the customer, which account should the company credit?
What are the impedance of the circuit : The elements in a series RCL circuit are a 106 Ω resistor, a 3.30 µF capacitor, and a 0.0310 H inductor. The frequency is 609 Hz. What are the impedance of the circuit
Describe floyd''s algorithm finds the shortest paths : A shortest path between vertex a and b is a path with the minimum sum of weights of the edges on the path. Floyd's algorithm finds the shortest paths of all vertex pairs of a graph.
What charged particle is emitted in the decay process : The isotope 12N undergoes radioactive decay to form 12C. What charged particle is emitted in the decay process
Determine the elapsed time after removal from the pouch : Consider a DVD To protect sensitive information within the storage medium, a vwery thin film of reactive polymer is embedded within the polycarbonate at a distance of d= 0.5 mm from the surface.

Reviews

Write a Review

Finance Basics Questions & Answers

  Which company would a lender prefer to work with

Company XYZ has $700,000 in total assets, one third have been financed by equity and two thirds which have been financed by dept. Based on their dept-to equity ratios, which company would a lender prefer to work with?

  Calculate the optimal money growth rate needed for the fed

Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.

  What are benefit and ramification of purhasing convertible

As an investor what are the benefits and ramifications of purhasing convertible debt in a publicly traded company? and are there any conflicts between the goals of the investor and the goals of the corporation?

  The u.s. financial markets impact the economy

1. Briefly describe one (1) way the U.S. financial markets impact the economy, one (1) way the U.S. financial markets impact businesses, and one (1) way the U.S. financial markets impact individuals.

  What is the price-earnings ratio of the company

What is the price-earnings ratio of the company? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  Which of the following credit terms has the lowest apr

For a company accounts payable manager, which of the following credit terms has the lowest APR for forgoing discount?

  What is the current cost of common equity for the firm

What is the current cost of common equity for the firm? (Round intermediate calculations to 4 decimal places, and final answer to 2 decimal places.)

  Calculate the depreciation expense

Calculate the depreciation expense. (Do not round intermediate calculations and round your final answer to nearest whole dollar amount.)

  What is meant by a diversification discount

How is diversification measured? What is meant by a diversification discount?

  Financial environment of healthcare organizations

What trends or threats will impact financial environment of healthcare organizations? These may include legislative changes, lack of primary care providers/changing demographics.

  Construct a table of the relevant cash flows

You can solve for this in Excel if you wish, but you must also explain in words or with a mathematical formula how you arrived at the result.

  Calculate the market price of warrants

Sloane Company offered detachable five year warrants to buy one share of common stock par value five dollar at $20 at a time when the stock was selling for 32 dollar.

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