Answer:
The average collection period of the company is 18 days
Explanation:
The formula for computing the average collection period of the company is as follows:
Average Collection period = 365 / Accounts receivable turnover ratio
where
Accounts receivable turnover ratio is computed as:
Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
Putting the values above:
Accounts receivable turnover ratio = $400,000 / $20,000
Accounts receivable turnover ratio = 20
Now putting the values of the Accounts receivable turnover ratio in the formula of average collection period:
Average collection period = 365 / 20
= 18.25 or 18 days
<h2>Answer </h2>
Accumulated depreciation will be $1080 for 6 months.
<h3>Step by step explanation </h3>
Maxwell Tax Planning Service with a communication equipment has value on 1 Jan 2019 of $10,800 and has a useful life of 5 years.
We will depreciate 10,800/5 and will get depreciation charge for 1 year which is $2160.
10,800/5 = 2160
Hence, depreciation for 1 year is $2160
Obtained from the question is that we need depreciation till 30 June 2019.
Thereby, we will prorate 1 year depreciation $2160 by multiplying it with 6 months and dividing with 12 months. We will get the answer $1080.
2160 x 6 / 12 = 1080
Therefore, 6 months depreciation will be $1080
Answer:
9.9702%
Explanation:
After-tax cost of debt=12*(1-tax rate)
= 12* (1-0.4) =7.2%
WACC=Respective cost*Respective weight
=(7.2×0.45)+(10.41×0.04)+(12.38×0.51)
=9.9702%
That statement is true,
The company must indeed take all of those things for the consideration.
if the difference in the markets interests way too big, a company may not need to give any response to competitor's price cut.
In online videos watching outlet, for example, youtube has a massive lead to the point where they don't even need to their competitor's business model.
If the said retail corporation uses a device that notifies the respective store managers whenever a customer is near their store and also helps them to map customer foot traffic data. Then this company is applying technology to reshape their retail operation. Usually this type of retail-tracking technology is an example of retail analytics. Wherein they uses analytical data of any type for their decision making in marketing, enhancing customer experience, and improving their business in general.
