P9-4A Wall Inc. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year end. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Over 120 Accounts receivable $375‚000 $220‚000 $90‚000 $40‚000 $10‚000 $15‚000 % uncollectible 1% 4% 5% 8% 10% Calculate the total estimated bad debts based on the above information. Total Accounts receivable % uncollectible Estimated bad debts $375‚000 0-30 $220‚000 1% 31-60
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Class Notes – Ch 7 Risk‚ Reward and the CAPM Rational investors expect returns as a reward for taking risk. Returns are usually expressed as a performance number- either as a $ return or as a percentage. Therefore we need to be able to measure the level of risk inherent in a potential investment‚ and we also need to be able to calculate the expected return for that risk. Risk is not achieving the return that is expected We measure risk by calculating variance and standard deviation – these show
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Q2a) Pak Mat signed an agreement to transfer his apartment to his daughter‚ Aminah as a gift for her 21st birthday. Aminah did not pay any money to her father for the transfer of the apartment. This agreement was later registered at the land office. Section 26 provides that as a general rule‚ an agreement without consideration is void unless it is registered under the law (if applicable) and expressed in writing as well as is made on account of natural love and affection between partiers standing
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Question 1 When you retire 40 years from now‚ you want to have $1.2 million. You think you can earn an average of 12 percent on your investment. To meet your goal‚ you are trying to decide whether to deposit lump sum today‚ or to wait and deposit a lump sum 2 years from today. How much more will you have to deposit as a lump sum if you wait for 2 years before making the deposit? A)$1414.14 B)$2319.47 C)$2891.11 D)$3280.78 E)$3406.78 Question 2 Samantha opened a savings account this morning
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Chapter 5 Exchange Rate Systems QUESTIONS 3. What is likely to be the most credible exchange rate system? Answer: Among fixed exchange rate systems‚ a monetary union with a common currency is likely the most credible exchange rate system. 8. How can a central bank peg the value of its currency relative to another currency? Answer: To peg the value of its currency to another currency‚ the government must make a market in the two currencies. If there is excess supply of the foreign currency
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arises because people have unlimited desires‚ but resources are limited. Due to the shortage‚ some trends and economic decisions must be made to allocate resources efficiently. In economic terms‚ the resources include land‚ labor‚ capital and entrepreneurial ability. All these terms can be summed up in one basic idea‚ as resources are limited‚ we must understand that we cannot have everything. Entrepreneurship comes into play and there is to decide how much can be achieved using less. A comparison
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Appendix C – Curriculum Vitae RAYMART AGUSTIN 274 San Pedro St. Balut Tondo‚ Manila Mobile no. 09159133748 Email: Eazyray07@yahoo.com EDUCATIONAL BACKGROUND College: Bachelor of Science in Business Administration major in Financial Management University of the East Academic Year 2009-present High School: University of The East‚ Manila 2219 C.M. Recto Ave. Manila Philippines 2005-2008 Elementary: IImmaculate Concepcion Academy of Manila 2212 S. Del Rosario St. Gagalangin Tondo
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is between the risks inherent in taking on fixed debt obligations versus the opportunity to increase the shareholders’ profitability by having some debt in the capital structure. (A more detailed study of capital structure decisions is covered in finance courses.) Problema 8-2 Morei a. Basic earnings per share = McGraw-Hill ($19‚550‚000 − $3‚900‚000) = $7.83 2‚000‚000 shares Tutti i diritti riservati b. Diluted earnings per share = ($19‚550‚000 − $3‚900‚000) = $7.45 2‚000‚000 + (200
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Riot Games | Entrepreneurship Essay 1 | Name: Mohab H. RizkID: 111709Major: CN | 11/16/2012 11/16/2012 A basic definition for entrepreneurship is starting a business from scratch‚ which includes everything from idea conception to managing the company for the long term; we understand from the definition that any new idea or a new way of implementing the idea is an entrepreneurship‚ while the definition of ’Entrepreneur ’ is “An individual who‚ rather than working as an employee‚ runs a small
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Managing New Product Development New product development requires organizations to facilitate cooperation and coordination between department boundaries within the organization. To facilitate this cooperation and coordination‚ organizations form cross-functional new product development teams to lead and manage the development process for new products. There are several variations that these teams can be formed and managed. New product development teams can be structured into four types: functional
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