Question regarding the average amount of receivables
McDowell Industries sells 3/10 net 30. Total sales for the year are $912,500. Forty percent of the customers pay on the tenth and take discounts; the other 60% pay on average 40 days after their purchase. What is the average amount of receivables?
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Harrson Co. owns 20,000 of the 50,000 outstanding shares of taylor inc common stock. During 2013, Taylor earns $1,200,000 and pays cash dividends of $960,000.
Suppose a 10 year bonds issued with annual coupon rate of 8% when the market rate of interest is also 8%. If the market rate raises 9%, what happens to the price of this bond?
Harriet Pandel, an employer, is subject to FICA taxes but exempt from FUTA and SUTA taxes. During last quarter of the year, her employees earned monthly wages of $16,900, all of which is taxable.
In the domestic interest rate causes the demand for domestic assets to shift to the ________ and the domestic currency to depreciate, everything else held constant.
The employees of Portonegra Company earn wages of $15,600 for the two weeks ending April 18. FIT taxes of $424 were withheld.
As the relative expected return on dollar assets increases, foreigners will want to hold more ________ assets and less ________ assets, everything else held constant.
Examine three to five (3-5) factors that have allowed the concept of federalism to shape American political behavior.
Holdup Bank has an issue of preferred stock with a $6 stated dividend that just sold for $96 per share. What is the bank's cost of preferred stock?
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