The following information is from the 2015 records of armadillo camera shops. ( provide an organized explanation of the answer)accounts receivable, december 31, 2015 $330,000 (debit)allowance for uncollectible accounts, january 1, 2015 30,000 (credit)net sales for 2015 1,500,000accounts written off as uncollectible during 2015 25,500 uncollectible accounts expense is estimated by the percent-of-sales method. management estimates that 2% of net sales are uncollectible. which of the following will be the 12/31/15 balance in the allowance for uncollectible accounts? a) $25,500 b) $30,000 c) $34,500 d) $30,500
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Business, 21.06.2019 16:00, wasscrackin
Jelly has joined drakes team drake sends kelly an email explaining details of the project that she will be working on which of these is good etiquette
Answers: 3
Business, 22.06.2019 08:40, jade468
Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
Answers: 3
Business, 22.06.2019 14:50, demarcuswiseman
Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)
Answers: 2
The following information is from the 2015 records of armadillo camera shops. ( provide an organized...
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