Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturin

Respuesta:

$26,000

Explicación:

Las actividades operativas: Incluyen aquellas transacciones que afectan el capital de trabajo después del ingreso neto. Un aumento en los activos corrientes y una disminución en los pasivos corrientes se deducirían, mientras que una disminución en los activos corrientes y un aumento en los pasivos corrientes se sumarían.

Estos cambios en el capital de trabajo se ajustarían. Además, el gasto de depreciación se suma al ingreso neto

El cálculo de los flujos de efectivo de las operaciones se muestra a continuación:

Flujo de efectivo de actividades operativas

Ingreso neto $20,000

Ajustes realizados:

Agregar: Gasto de depreciación $7,000

Menos: Ganancia por venta de maquinaria - $3,000

Agregar: Pérdida por jubilación de notas $2,000

Flujo de efectivo neto de actividades operativas $26,000

Answer:

total stockholders' equity = $660000

Explanation:

provided information

Shares issued = 15,000

par value = $0.01 each

issued price = $39.00 each

net profit = $300,000

dividends paid = $15.00 for each share

to calculate

total stockholders' equity

solution

we derive here the common stock value as

common stock = 15,000 × $39

common stock = $585000

and

the amount for dividends is = $15 × 15000

dividends = 225000

thus

total stockholders' equity will be

total stockholders' equity = common stock + net profit - dividends

total stockholders' equity = $585000 + $300,000 - 225000

total stockholders' equity = $660000

Response:

• 1. During this fiscal year, the total amount of bad debts that were written off was:

Allowance for Doubtful Accounts  

$ 147 Credit

$ 94 Credit

$ 58 Debit

$ 183 Credit Balance      

Dr Allowance for Uncollectible Accounts $ 58  

Cr Accounts Receivable Net $ 58  

2. Based on your answer to question (1), determine the cash collected from clients for this financial year.

Accounts Receivable  

$ 11,785    Debit  

$ 61,170    Debit  

$ 58         Credit  

$ 58,825 Credit  

$ 14,072  Debit Balance  

Explanation:

To ascertain the amount of debt written off during the ongoing year, take into account the balance from the previous year and factor in the total recorded for bad debts within the year. The difference between the total for the current year and these figures will indicate the written-off amount.

• In the current year, Hassell noted a bad debt expenditure of $94 with no recoveries reported.  

Dr Bad Debt Expense                                $ 94  

Cr Allowance for Uncollectible Accounts $ 94  

1. What was the total amount of bad debts written off in the current year?  

Allowance for Doubtful Accounts  

$ 147 Credit

$ 94 Credit

$ 58 Debit

$ 183 Credit Balance

Dr Allowance for Uncollectible Accounts $ 58

Cr Accounts Receivable Net                 $ 58

2. Using the answer from requirement (1), calculate the cash obtained from customers this year    

With previously calculated figures, you can calculate the total amount collected throughout the year. You repeat the process used earlier to figure out the amount; using the movements from the current year, deduce the total collected value.

Accounts Receivable  

$ 11,785    Debit  

$ 61,170    Debit  

$ 58         Credit  

$ 58,825 Credit  

$ 14,072   Debit Balance  

Dr Cash                                   $ 58.825

Cr Accounts Receivable Net $ 58.825

Answer:

d. A higher level of risk corresponds to a smaller potential investment.

Explanation:

Regarding speculation, risk is defined by the variability of returns. The discrepancy between expected outcomes and actual results is referred to as risk. In this instance, Sandy believes there exists a positive relationship between the likelihood of risk and returns. For instance, if the risk is elevated, the chance of achieving returns rises. Conversely, reduced risk implies lower chances of earning returns.

Sandy prefers to assert that with elevated risk comes lesser investment possibilities, since the fluctuation of returns is substantial. This suggests that investors may aim for guaranteed returns rather than uncertain but potentially larger yields. In the realm of investments, it is a common question; some may agree that higher risk leads to lower maximum investments.

Thus, the answer is option D.

If a statement claims that greater risk leads to larger potential returns, it does not guarantee that the investor will indeed realize larger returns with their investments. The chances might be present for larger earnings, but obstacles also accompany such opportunities.