The expected payment is worth how much today
The Lemon Company made a credit sale of $20,000. The invoice was sent today with the terms, 3/10 net 30. This customer normally pays at the net date. If your opportunity cost of funds is 10% the expected payment is worth how much today?
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A publicly owned corporation, the company's outstanding stock consisted of 5,000 shares of $2 cumulative Preferred Stock and 10,000 shares of Common Stock in the years 2005 - 2010.
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The Lemon Company made a credit sale of $20,000. The invoice was sent today with the terms, 3/10 net 30. This customer normally pays at the net date.
What percentage increase in sales would enable the company to reach its goal? Support your answer with a pro forma income statement.
Tyler's Consulting Company has purchased a new $15,000 copier. This overhead cost will be shared by the purchasing, accounting, and information technology departments since those are the only departments.
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The Tobias Company has 12 obsolete computers that are carried in inventory at a cost of $13,200. If these computers are upgraded at a cost of $7,500.
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