If Stephanie recognizes $2,250 in income for financial accounting purposes, she should recognize a minimum of $2,250 in income for tax purposes this year.
Describe tax.Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxes are borne by whoever bears the cost of the tax in economics, whether this is the entity being taxed, such as a business, or the final users of the items produced by the business. Taxes should be taken into consideration from an accounting standpoint, including payroll taxes, federal and state income taxes, and sales taxes.
Calculation:
For her company, Stephanie has chosen to employ the accrual method of accounting. If Stephanie recognizes $2,250 in revenue for financial accounting purposes, what is the least amount of income she needs to recognize for tax purposes this year?
$9000 was the total income over three years.
$9,000 divided by 12 months Equals
=$3,000
$3,000*9/12 is the amount of income that should be recognized.
=$2,250
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three years ago, you purchased a corporate bond that pays 4.30 percent. the purchase price was $1,000. what is the annual dollar amount of interest that you receive from your bond investment?
The annual interest earned on the bond is $43
A sort of financial product sold to investors is a corporate bond, which is issued by a business. The investor receives a predetermined amount of interest payments at either a fixed or variable interest rate in exchange for providing the firm with the money it requires. The bond "reaches maturity" when it stops making payments and the initial investment is refunded. High-quality corporate bonds are regarded as a conservative and generally safe investment. Bonds are frequently included in portfolios being built by investors to balance out riskier investments like growth stocks.
Computation of interest earned per annum:
Interest earned per annum = Face value of the bond*Interest rate
= 1000*4.3%
= $43
So, interest earned is $43 per annum
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The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $20 increase in rent. What rent should the manager charge to maximize revenue?.
The rent that the manager should charge to maximize revenue will be $2,000.
In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.
Initially, to find revenue by coming up we can calculate with an equation below:
Revenue = Price × Revenue
Where, price = 1000 + 20x
Quantity = 150 - x
R(x) = (1000+20x) (150-x)
R(x) = 150000 - 1000x + 3000x - 20x²
R(x) = - 20x² + 2000x + 150000
To maximize the revenue, we calculate the derivative and set it to zero:
R(x) = - 20x² + 2000x + 150000
R(x) = -40x + 2000
-40x + 2000 = 0
40x = 2000
x = 50
After we find the amount of X, thus we determine the rent that the manager should charge to maximize revenue
Price=$1000+20x
Price=$1000+20(50)
Price=$1,000 + 1,000
Price = $2,000
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a firm issues the convertible debt shown above. the price of stock in this company on july 1, 2008 is $37.57. what is the minimum call price that would make a bondholder prefer to accept the call rather than convert? a.par plus 12.1%b.par plus 9.3%c. pard. par plus 14%
The minimum call price that would make a bondholder prefer to accept the call rather than convert is par plus 9.3%.
What is bondholder?A bondholder is typically an investor or owner of bonds issued by a company or government. Bondholders are essentially lending money to bond issuers. In return, bond investors get their principal (original investment) back when the bond matures. For most bonds, bondholders also receive periodic interest price. Investors can purchase bonds directly from issuers. For example, government bonds may be purchased at auction for new issues issued by the US Treasury Department. Bond investors can also purchase previously issued bonds on the secondary market through brokers or financial institutions. Bonds are generally considered a safer investment than stocks. This is because bondholders have a higher claim on the issuer's assets in the event of bankruptcy. In other words, if a company has to sell or liquidate its assets, all proceeds go to bondholders before common shareholders.To learn more about bondholder from the given link :
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a mutual fund has a beginning of year net asset value (nav) per share of $50. during the year, the fund has net investment income (nii) of $2 per share. at the end of the year, the fund distributes $1 per share in dividends to its shareholders. the end of year nav per share is: a $49 b $50 c $51 d $52
The net value per share after the end of the year is 51$ as given in option c of the given question.
What are mutual funds, exactly?A mutual fund is a group of investments that is expertly supervised by a fund manager. a trust that, after receiving funds from a number of participants who share similar investing objectives, invests them in stocks, bonds, money market instruments, and/or other securities.
Is it a good idea to invest in mutual funds?Mutual funds may be a worthwhile investment for those looking to diversify their investments. Determine whether investing in mutual funds is the best decision for you. It depends on your unique situation whether you should invest in mutual funds, which offer convenience and diversification at a low cost.
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true or false: when the customer has control over the goods or services, the transfer of goods or services is complete.
The statement is True. When the customer has control over the goods or services, the transfer of goods or services is complete.
Exquisite clients are Advocates. Exquisite customers, once they honestly are becoming awesome cost out of your product, come to be greater than simply satisfied. They do more than simply references. They come up with extra than simply high customer pride marks.
There are four key ideas of accurate customer service: it is personalized, competent, handy, and proactive. Those elements have the largest impact on the customer's enjoyment.
Client delight is described as a dimension that determines how satisfied clients are with a company's products, services, and skills. Client pleasure facts, including surveys and scores, can assist an organization to determine the way to excellent enhance or modify its services and products.
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which of the following is true of a market maker? market makers help companies to negotiate mergers and acquisitions. market makers purchase a company's securities before an ipo and then resell them at a premium. market makers rate the creditworthiness of the issuer. market makers assist with market liquidity by facilitating the exchange of securities.
The following statement is true: Market makers assist with market liquidity by facilitating the exchange of securities.
A market maker is an individual or entity doing both selling and buying of securities in the secondary market in order to make profits. Therefore, this creates an exchange of securities and liquidity in the market. The first option is false since it has no connection with mergers and acquisitions. The second option is false because the purchasing before Initial Public Offering (IPO) is not possible. The third option is false because it doesn’t rate creditworthiness.
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what is the cash flow of a 4-year bond that pays coupon interest semi-annually, has a coupon rate of 3%, and has a par value of $100,000? (show on a timeline)
the cash flow of a 4-year bond with a par value of $100,000 and a coupon rate of 3%. from 1 to 4 years = $ 15 and at the end of the year = $ 1000.
A bond is a sort of financial security in which the issuer owes the bearer a debt and is obligated - depending on the terms - to repay the principle of the bond as well as interest over a specified period of time. Interest is normally paid at regular intervals: semiannually, annually, and less frequently at other times. Bonds provide the borrower with external capital to finance long-term investments or, in the case of government bonds, to cover current expenditure.
Bonds and stocks are both securities, but the main distinction is that shareholders have an equity stake in a firm, whereas bondholders have a creditor stake in a corporation.
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suppose a company has a preferred stock issue and a common stock issue. both have just paid a $2 dividend. which do you think will have a higher price: a share of the preferred or a share of the common?
There are two main ways that common stocks differ from preferred stocks. First, common stocks do not pay a fixed dividend like preferred stocks do. Second, whereas preferred stocks do not have voting rights, common stocks do.
The price per share is the discounted present value of future dividends for both common and preferred stocks.
What are the two main distinctions between preferred stock and common stock?The primary distinction between preferred stock and common stock is that common stock grants shareholders voting rights, whereas preferred stock does not. Preferred shareholders receive dividends first because they have priority over a company's income.
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what was the geometric average return for a stock that had the following annual returns over the past 4 years: 17.00% (4 years ago), 13.00% (3 years ago), -16.00% (2 years ago), and 40.00% (last year)?(round the value to 100th decimal and please enter the value only without converting it to a decimal format. if the answer is 8.55%, enter 8.55)
The geometric average return for a stock that had the following annual returns over the past 4 years is {( 1 + 0.48 ) ( 1 + - 0.23 ) ( 1 + 0.15 ) ( 1 + 0.12 )} * (1/4) - 1 = 0.1007 = 10.07%.
What is Geometric average ?You would multiply the two numbers together and then take the square root of the result to determine the geometric mean of the two values.
By multiplying n variables and then taking the nth -root, one can calculate the geometric mean, which represents the average growth of an investment. In other words, it is a metric used to assess the performance of a single investment or an investment portfolio. It is the average return on an investment over time.
The geometric mean multiplies and determines the value's root, unlike the arithmetic mean, which is based on adding and subtracting quantities.
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During the sprint, what scrum value must the team demonstrate to achieve the goal?.
The commencement Team commits to achieving its goals and to supporting one another. Their primary focus is on the work of Sprint to form the simplest attainable progress toward these goals.
The commencement Team and its stakeholders are open concerning the work and, therefore, the challenges. Scrum Masters ought to be fearless about removing impediments that weigh down the team's progress. The 5 commencement values are commitment, focus, openness, respect, and courageousness.
Scrum team members should be committed to success and be willing to form realistic goals and continue them. However, 'focus' is the worth shown once a team sets the goal of delivering the foremost essential feature before continuing on to consecutive.
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what type of purchase contract involves the purchaser making payments to the seller until the total purchase price is paid and then the seller delivers the deed?
In an installment agreement, the real estate purchaser agrees to pay the seller the full purchase price over time in payments; they also agree that the purchaser will take immediate possession of the property.
What is purchase contract?A sort of contract known as a purchase agreement describes the terms and conditions around the selling of goods. The agreements are a legally binding contract between the buyer and seller and usually deal with the purchase and sale of items rather than services. They encompass almost all product-related transactions.Balloon mortgage: A mortgage with constant monthly payments that amortizes over a given term, but also necessitates the payment of a lump sum at the conclusion of a previous term. Balloon Payment: The last lump sum made at a balloon mortgage's maturity date.When the buyer is taking over the seller's mortgage, the difference between the mortgage's balance and the sales price may be financed using a purchase-money mortgage.To learn more about purchase contract refer to:
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martin, the ceo of a struggling company, has gathered his employees to deliver the unhappy news that the company has filed for bankruptcy and everyone is being let go. he doesn't want his employees to feel sad, so as he gives his speech, he makes sure to smile widely and make eye contact with everyone. how effective is martin's use of nonverbal communication? a.) effective, because his facial expression is reinforcing his message. b.) ineffective, because his smile may confuse or irritate his audience, since it conflicts with his message. c.) ineffective, because it would be better for him to use a variety of facial expressions. d.) effective, because his smile reflects how he wants his audience to feel.
The non-verbal communication is b.) Ineffective, because his smile may confuse or irritate his audience since it conflicts with his message.
Because much of our nonverbal communication is unconscious, we tend to believe that nonverbal communication is more credible than verbal communication. Nonverbal communication is the exchange of information through body language, such as gestures, eye contact, and facial emotions. Martin has assembled his team in the scenario provided to break the bad news that the business has declared bankruptcy and everyone will be laid off.
Although he gives his speech and doesn't want his employees to feel sad, he shouldn't grin broadly or make eye contact with everyone because this won't show that he is unhappy about the endeavor closing and missing out on so many people. His smile may confuse or annoy his listeners because it contradicts his message, making his nonverbal communication ineffective.
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when comparing the estimated effect of pollution on house prices between regr 2 and regr 3, you conclude that:
Answer: Compare the estimated effect of pollution on house prices across the three models.
Missing: 27 seconds ago +10 points
Explanation:
you purchased one silver future contract at $2 per ounce. what would be your profit (loss) at maturity if the silver spot price at that time is $3.50 per ounce? assume the contract size is 5,000 ounces and there are no transactions costs.
The profit at maturity would be $7500 profit
Future contract is a binding commitment to buy or sell a certain commodity asset, securities, or both at a defined price at a predetermined future date. For the purpose of facilitating trading on a futures exchange, futures contracts are standardized for both quality and quantity. When purchasing a futures contract, the buyer assumes the responsibility for purchasing and receiving the underlying asset at the contract's expiration. The underlying asset must be available and delivered by the futures contract seller by the expiration date.
Profit or Loss at the time of maturity = (Maturity price - Purchase price) * Number of ounces
= (3.50 - 2) * 5000
=1.50*5000
= $7500
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a firm has invested $500 in a new machine that is expected to last for the next 4 years. the machine will be depreciated on a straight line basis down to zero by the end of its 4 year life. the firm projects that the machine will generate consecutive annual cash inflows of $550 beginning in one year and will generate consecutive annual cash outflows at 260 also beginning in one year.. assuming the tax rate of 38%, determine the firm's cash flow next year.
The company's cash flow might be 186.80 next year.
Cash flow refers to the quantity of cash or cash equivalents that a business gets or expends for the purpose of making payments to creditors. The liquidity condition of the business is frequently studied using cash flow analysis.
Spending that occurs in the normal course of business is included in cash flow from operations. Payroll, the cost of items sold, rent, and utility bills are a few examples of these financial outflows. When corporate activities are very seasonal, cash outflows might vary greatly.
Future year's cash flow
Inflow = 500
Outflow = 260
Depreciation = 500/5 = 100
Tax rate = 38%
Cashflow = (500-260-100) × (1-0.38) + 100
= 186.80
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1. fenner smith is contemplating dividing his portfolio between two assets, a risky asset that has an expected return of 30% and a standard deviation of 10%, and a safe asset that has an expected return of 10% and a standard deviation of 0%. (a) if mr. smith invests x percent of his wealth in the risky asset, what will be his expected return?
If Mr. Smith invests x percent of his wealth in the risky asset, his expected return will be 0.5%.
rx=30x+ 10(1−x) (Expected Return); sd: σx=10. Solving this yields the following budget line: rx = 2σx+10 is the budget line. After concurrently resolving both equations with two unknowns. If Mr. Smith's utility function is u( rx,σx)=min( rx,30-2σx), then his ideal values for rx and σx are 20 and 5, respectively.
For the equation 20 =rx=30x+10(1-x), we identify an x that solves the equation. The solution is x=0.5.
The expected return is the projected gain or loss on an investment with known historical return rates (RoR). It is calculated by dividing potential outcomes by their probability of occurring, adding the outcomes, and then deleting the outcomes.
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When an economy is open to trade, the relative price of a good is determined by the?.
When a country exports a good after opening its economy to commerce, the domestic price of the good will increase and domestic demand will decrease.
Trade is the voluntary exchange of goods or services between members of the economy.Because contacts are voluntary, trade is frequently perceived as being advantageous to both sides.The autarky price or autarkic price is a similar term for the cost of a good in an autarkic state. The price of the good must cover the cost of production in a closed economy. If the price of autarky is higher than that of other nations, the economy of that nation suffers.A closed economy is one in which there is no external trade, or activity such as imports or exports with other nations.These regions are frequently seen as self-sufficient and tend to support local production.The price of that good will rise, though, as more must be produced than was previously available locally in order to meet export demand when an economy transitions from being closed to open to international or foreign trade and becomes a net exporter, that is, sells more than it buys.
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the risk-free rate is 7%. the expected market rate of return is 15%. if you expect a stock with a beta of 1.3 to offer a rate of return of 12%. according to the textbook capm you should
Since the stock is expensive, option (b) is the appropriate response.
What exactly is CAPM stand for?The capital asset pricing model (CAPM), which generates anticipated returns on capital investments, is an idealized description of how securities are valued in financial markets. Through risk assessment and estimation, the model provides a mechanism for determining expected return on equity.
E(R₁) = Rf + β(E(Rм) - Rf),
Where
E(R₁)= capital asset expected return
Rf = Risk - free of interest
β = sensitivity
E(Rм) = Expected return of the market
Given information
E(R₁) = 12%
Rf = 7%
β = 1.3
E(Rм) = 15%
Now we need to calculate what will be the expected return according to the CAPM model.
E(R₁) = 7% + 1.3 ( 15% -7%)
E(R₁) = 17.4%
The security must be sold short since, according to the CAPM model, the expected return on the stock, 17.4%, is higher than the offered return on the stock, 12.0%.
Since the stock is expensive, option (b) is the appropriate response.
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In Macroland, autonomous consumption equals 100, the marginal propensity to consume equals 0. 75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20.
The vertical intercept of the expenditure line is:
Induced expenditure equals:Autonomous expenditure equals:Planned aggregate expenditure equals:The slope of the expenditure line is:The vertical intercept of the expenditure line is:Induced expenditure equals:
According to given question Autonomous expenditure equals is 290 in Macroland.
What do you mean by investment?An investment is something that is purchased with objective of earning money or gaining fame. A purchase for products that are not used right away but will be utilized to create wealth down the road is referred to as an investment in an economic prospects.
Briefing:Spending that is autonomous is spending which is unattached to income. In this case, because C = 100 + 0.75(Y - T),
we have PAE = C + I + G + NX = [100 + 0.75(Y - 40)] + 50 + 150 + 20 = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y.
Autonomous expenditure is the vertical intercept of 290.
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how do mergers and acquisitions differ? multiple choice question. a merger is when two firms are forced to join together; an acquisition is when two firms join willingly. a merger is when two firms join together; an acquisition is when more than two firms join together. a merger describes the domestic takeover of a firm, while an acquisition describes the international takeover of a firm. a merger describes the joining of two independent companies, while an acquisition describes the purchase or takeover of a firm.
A merger unites two businesses into a single, entirely new company, whereas an acquisition includes one firm buying another without forming a new organization. This is the primary contrast between a merger and an acquisition.
A merger occurs when two separate organizations come together to create a single, new entity. On the other side, an acquisition occurs when one entity is taken over by another. Mergers and acquisitions may be carried out to widen a company's client base or boost its market share in an effort to improve shareholder value.
An acquisition is when one firm (the acquirer) purchases and takes over the operations of another business (the acquiree), as opposed to a merger, which takes place when two or more businesses combine to form one corporate entity (the acquired).
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krepps corporation produces a single product. last year, krepps manufactured 32,900 units and sold 27,500 units. production costs for the year were as follows: direct materials 253,330 direct labor 171,080 variable manufacturing overhead 289,520 fixed manufacturing overhead 592,200 sales totaled $1,168,750 for the year, variable selling and administrative expenses totaled $148,500, and fixed selling and administrative expenses totaled $227,010. there was no beginning inventory. assume that direct labor is a variable cost. the contribution margin per unit was:
The contribution margin is $16.6 per unit. To cover the credit risk the holder poses for the broker or exchange, an investor must deposit the margin with their broker or exchange.
Sales / All Sold Units = Selling Price Per Unit
= $ 1,043,000 / 22,200 Units
= $ 47 for per unit
27 770 units' total variable cost= direct material
= $16.6 per unit.
If an investor borrows money from their broker to purchase financial assets, borrows money to sell those same instruments for a loss, or enters into a derivative transaction, credit risk is created.
An investor who purchases an asset on margin does so by taking out a broker loan for the remaining amount. When an investor purchases an asset on margin, they make a smaller initial payment to the broker and put up collateral in the form of marginable securities in their brokerage account.
The contribution margin is $16.6 per unit.
To the above question and answer, please find the detailed solution attached.
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one major objective in setting standards is to a.set them low so employees will not be stressed or pressured. b.set them to actual costs. c.set them high to push employees to work harder and faster. d.motivate employees to achieve efficient operations.
Direct labor time variances are unfavorable when actual hours exceed standard hours. Each of Douglas Industries' 5,500 units required 2.5 standard hours of production time.
What does it mean to use the terms "standard hours allowed" or "standard quantity allowed"?"Standard hours allowed" and "standard quantity allowed" refer to the following: the actual output in units divided by the permissible standard input. In a standard costing system, overhead is added to work in progress by: dividing the period's output in standard hours by the rate that has been predetermined.
What are the three things you need to think about to make sure your customers are happy?Customer understanding, service, and technology are the three main factors influencing modern customer satisfaction. You can create real customer loyalty and provide positive, consistent customer experiences by utilizing these factors.
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The concept of in-groups and out-groups is an integral part of which leadership theory?.
The concept of in-groups and out-groups is an integral part of the leader-member exchange(LMX) theory.
leader–member trade (LMX) idea suggests that leaders and followers increase specific relationships based on their social exchanges, and the niceness of these exchanges within an employer can impact worker results.
LMX idea is the first-rate principle of management as in contrast to the other theories, it concentrates and talks about approximately specific relationships between the leader and every subordinate. LMX concept is a sturdy explanatory principle. LMX theory focuses our interest on the significance of verbal exchange in leadership.
foundation understanding. chief-member trade (LMX) advanced from the vertical dyad linkage (VDL) concept. added this precise management principle, which displays the vertical dyadic interplay among leaders and participants.
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bob just closed on his investment property. he's already identified a replacement property that he'll be exchanging into by using a 1031 tax-deferred exchange. how many days does he have to close on his replacement property?
According to the 1031 tax deferred exchange, it takes 180 days does he have to close on his replacement property.
1031 tax deferred exchange:
1031 deferred exchange states that "it allows you to defer capital gains taxes when selling a property, as long as the proceeds are used toward a similar investment within a certain time frame".
Given,
Bob just closed on his investment property. he's already identified a replacement property that he'll be exchanging into by using a 1031 tax-deferred exchange.
Here we need to find the number of days does he have to close on his replacement property.
According to the definition of 1031 deferred exchange, the investors who want to use the 1031 tax-deferred exchange must identify the property within 45 days and close within 180 days.
So, it take 180 days to close on his replacement property.
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the brs corporation makes collections on sales according to the following schedule: 50% in month of sale 47% in month following sale 3% in second month following sale the following sales have been budgeted: sales april $170,000 may $190,000 june $180,000 budgeted cash collections in june would be:
Following the sale, the following sales have been budgeted: sales April $170,000 may $190,000 June $180,000 budgeted cash collections in June would be:$184,400
June Cash Collections:
50% of June's sale $90,000
47% of May's sales $89,300
3% of April sales $5,100
Total Budgeted cash collections $184,400 = Answer
Marketing is the process of exploring, creating, and delivering value to meet the requirements of a target request in terms of goods and services;( 1)( 2) potentially including a selection of target followership; selection of certain attributes or themes to emphasize in advertising; operation of advertising juggernauts; attendance at trade shows and public events; design of products and packaging seductive to buyers; defining the terms of trade, similar as price, abatements, bond, and return policy; product placement in media or with people believed to impact the buying habits of others; agreements with retailers, noncommercial distributors, or resellers; and attempts to produce mindfulness of, fidelity to, and positive passions about a brand.
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jared is struggling to make payments on a high-cost mortgage. he returns to the mortgage lender that made the loan and applies for a loan modification. if the mortgage lender agrees to modify the loan, it may:
If jared is struggling to make payments on a high-cost mortgage. he returns to the mortgage lender that made the loan and applies for a loan modification. if the mortgage lender agrees to modify the loan, it may: Not charge any fees for the loan modification.
What is loan modification?
Loan modification can be defined as the way in which a lender tend to modify or change a borrow loan terms or repayment plan among others.
Although high cost mortgage tend to prohibits agent as well as assignees from collecting fees from borrower because they want to modify their loan which is why Jared will not be charge for the loan modification he want the lender to make as a result of him finding it hand to make payments on the high-cost mortgage
Therefore we can conclude that Jared will not be charge any fees.
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let us assume that it is common practice to purposely underestimate bids in order to win nasa contracts. is it wrong for kendahl to take part in this activity as long as it does not overstate the actuals costs it incurs?
If I were in Kendal, I will have issues personally, as the bid proposed for the contract is not ethical and it is being designed to win the contract with nonrealistic quotes. Thus it will have an impact on Kendal. We should avoid unethical practices in the organization.
An organization or organization (Commonwealth English; see spelling differences), is an entity—including an enterprise, an institution, or an affiliation—comprising one or extra humans and having a selected cause. The word is derived from the Greek word organon, which means device or device, musical tool, and organ. There are an expansion of criminal forms of companies, along with organizations, governments, non-governmental companies, political agencies, international companies, armed forces, charities, now not-for-profit corporations, partnerships, cooperatives, and academic establishments, and many others.
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the population of new york city would have totaled 1.2 million in 1860 if it had included the then-independent city of
The population of New York City would have totaled 1.2 million in 1860 if it had included the then-independent city of Brooklyn.
Many of the state's new immigrants settled in the cities in the early 1900s.
They came there to discover jobs in the towns' growing factories and corporations.
Immigrants settled particularly in towns in the Northeast and Midwest. The result became speedy urbanization, or an increase of cities, in those areas.
The percentage of the population residing in cities came to be the most important in California, the Midwest, and the Northeast.
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the miller company earned $125,000 of revenue on account during year 1. there was no beginning balance in the accounts receivable and allowance accounts. during year 1, miller collected $83,000 of cash from its receivables accounts. the company estimates that it will be unable to collect 3% of its sales on account. what is the amount of uncollectible accounts expense that will be recognized on the year 1 income statement?
The amount of uncollectible accounts expense that will be recognized on the year 1 income statement will be $38,250.
A valuation method called net realizable value (NRV), which is popular in inventory accounting, takes into consideration the total amount of money an asset can bring in from sales less an estimate of the charges, fees, and taxes related to that sale or disposal.
The computation of the net realizable value is shown below:
= Earned revenue - cash collected amount - estimated value
where,
Earned revenue is $125,000
Cash collection is $83,000
And, the estimated value is
= $125,000 × 3%
= $3,750
So, placing these values to the above formula the net realizable value is
= $125,000 - $83,000 - $3,750
= $38,250
The amount of uncollectible accounts expense that will be recognized on the year 1 income statement will be $38,250.
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in order to assess a company's financial risk, investors and creditors frequently consider and analyze the company's:
In order to assess a company's financial risk, investors and creditors frequently consider and analyze the company's long term debt.
Long-term debt ratio is one of the financial leverage ratios used to determine how much long-term debt is being utilized to finance a company's assets. The position of the company's financial position is shown by this ratio. Analysts can gauge the corporation's ability to pay off its long-term outstanding loans using this ratio. Since most businesses only release their balance sheet once per fiscal year, the long-term debt ratio is frequently estimated annually.
The ratio indicates how dependent the company is on debt if it tends to increase over the course of the year. On the other hand, a declining ratio indicates that the company's reliance on debt is decreasing over time.
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