For each of the following items, calculate the amount of revenue or expense that should be recognized on the income statement for Pelkey Co. for the year ended December 31, 2019:Required:a. Cash collected from customers during the year amounted to $874,000, and accounts receivable increased by $47,700. How much were sales on account for the year ended December 31, 2019?
Answers: 1
Business, 21.06.2019 13:10, lulu5563
Orange corporation issued 20-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000 one year ago. today, the market interest rate on these bonds is 5.5%. what is the current price of the bonds, given that they now have 19 years to maturity?
Answers: 3
Business, 21.06.2019 20:50, clwalling04
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning
Answers: 2
Business, 22.06.2019 02:00, Sumysumy
Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) find the economic order quantity. b) find the annual holding costs. c) find the annual ordering costs. d) what is the reorder point?
Answers: 2
For each of the following items, calculate the amount of revenue or expense that should be recognize...
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