Analysis of Accounts Receivable and Allowance for Doubtful Accounts Steelcase, Inc. reported the following amounts in its 2014 and 2013 10-K reports (years ended February 28, 2014 and February 22, 2013). $ millions)
From the income statement
Net sales
From the balance sheet
Accounts receivable, net
Customer deposits
From the disclosure on allowance for doubtful accounts:
Balance at beginning of period Additions (reductions) charged to income
Adjustments or deductions
Balance at end of period
2014 2013
$2,989 $2,869
306.8 287.3
16.0 13.5
4.5 19.6
2.8 3.1
(4.3) (8.2)
13.0 14.5
b. Calculate Steelcase's gross receivables for the years given, and then determine the allowance for doubtful accounts as a percentage of the gross receivables. 2014 2013 Gross accounts receivable (in millions) Allowance as a % of gross receivables Round to one decimal place.)
c. Calculate Steelcase's accounts receivable turnover for 2014. (Use Accounts receivable, net for the calculation.) Round answer to one decimal place times
d. How much cash did Steelcase receive from customers in 2014? 3,005 million

Answer:

Date            Account Title                                       Debit          CreditApril             Factory Overhead                           $16,720                    Indirect materials                                                    $10,500                    Wages payable                                                       $4,000                     Utilities payable                                                     $  500                    Accumulated Depreciation                                    $  620                    Small tools                                                               $ 370                     Equipment rental                                                   $ 730

Answer:

The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day is explained below in detail.

Explanation:

In my practice, it doesn't save capital, but it's still deserving it because it's wholesome and better than reserve purchased at the same amount.

For me, 1kg of all-purpose powder yields 1.6kg of bread (as two cubes). Each 13x4x4" (Pullman) loaf measures about 800 grams after freezing and yields between 22-30 slices related to its width. The value per loaf is under $1.00 and incorporates all components, charge, and electricity for mixing, baking, slicing.

I've created a few hundred loaves based on modifications of this formula:

                     %  grams   cost  calories sodium protein fat sugar

all-purpose powder    100  500   0.417  1833   0      50    17      0

   instant yeast    0.8    4   0.067    16   0       0     0      3

 non-fat dry milk      4   20   0.203    70   0       7    10    109

sugar      4   20   0.019    75   0       0    20      0

      canola oil     10   50   0.072   429  50       0     0

            salt      2   10   0.006     0   0       0     0   3933

           water     56  280   0.000     0   0       0     0      0

     dough total  176.8  884  $0.783  2422  50      57    47   4045

Answer:

the preferred stockholder will receive $4 in dividends per semiannual period.

Explanation:

To calculate the amount that the preferred stockholder will receive, we need to consider the dividend rate and the par value of the stock.

Given that the preferred stock promises to pay an annual dividend of 8% of the par value on a semiannual basis, we can calculate the dividend amount per semiannual period.

Dividend per semiannual period = (Dividend rate * Par value) / 2

Dividend per semiannual period = (8% * $50) / 2

Dividend per semiannual period = (0.08 * $50) / 2

Dividend per semiannual period = $4

Price Mix 2 is recommended as the best pricing mix strategy. It includes three price tiers: a base sale price of $20,000, a mid-tier sale price of $25,000, and a fully-loaded sale price of $30,000.

The best pricing mix

This pricing mix caters to different customer segments by offering varying levels of features and benefits at different price points. It allows customers to choose a product based on their budget and desired features, increasing the likelihood of conversion and customer satisfaction.

The balanced pricing structure provides options for both price-sensitive customers and those willing to pay more for additional features. Overall, Price Mix 2 maximizes revenue potential by attracting a wider customer base and potentially facilitating upselling opportunities.

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The maximum amount that may be chosen to be deductible under Section 179 for the year 2020 is $1,040,000, according to Sec. 179's requirements. Szabi is not concerned about expenditures to deduct under Section 179.

Revenue is the cash that a firm generates via its operations. Based on the accounting technique used, there are several ways to compute revenue. Sales that are financed will be included as revenue for products or services provided to the client under accrual accounting.

The total amount of financial resources needed to create goods or services is referred to as capital in the business world. These cash can be applied to start up costs and everyday expenses.

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a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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bhbhh lh l lljh l lh ;h ;hh hkkhh hj hjb Answer:   jhh ki

Explanation:

Answer:

7

Explanation:

A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.

B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.

Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:

1. Final Goods:

Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.

2. Intermediate Goods:

Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.

The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.

It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.

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A financial advisor can get new client through the qualities and skills they posses and a client can choose a financial advisor  when the client is satisfied that the financial advisor is someone that  is qualified to give  financial advises.

A financial advisor is person whose job is to advice someone on how to effectively manage their resources as well as finances so as to prevent running into debt or financial mismanagement.

A financial advisor can tend to get a  new client by  advertising themselves or showcasing the type of skills they possess as well as how they can effective advice and help people to manage their finances.

A  client can tend to choose a reliable financial advisor by checking whether the advisor is  a professional or  a person that is qualified to be a financial advisor as well as a verifying if the advisor is a person that can help to advice people on how to effectively manage their finances.

Therefore the a financial advisor help to advices people on how to manage their finances as well as investment.

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When creating a budget people should Record everything that they spend and what they spend it on. The appropriate response is option A.

A budget is an estimate of income and expenditures for a given future period of time, and it is often created and updated on a regular basis. A individual, a group of people, a corporation, a government, or pretty much anything else that makes and spends money can all have budgets.

Budgeting is essential if you want to control your monthly spending, be ready for life's unforeseen events, not  falling into debt. Monitoring your income and expenses is a crucial component of budgeting.

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You should choose to carry out an internal and external environmental assessment of a company that you identify with, research more about it and explain its strengths and weaknesses, opportunities and threats.

It is a management tool that helps an organization determine its situation in the internal and external environment, leading to an analysis of strengths, weaknesses, opportunities and threats, expanding its view of the market, its characteristics and values.

Therefore, you can conduct your environmental assessment based on company characteristics such as offerings, customer value, marketing and other characteristics that contribute to your market positioning.

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When compared to previous years, if the provision for doubtful debts rises in the coming year, it indicates that the business believes there is a greater chance that consumers would miss payments. That is the additional information an analyst would determine from the variability concern.

In 2016 the company's doubtful debts increase to 45,236 which is higher than we compared with the doubtful debts of 2015 43,230  it means that increases in the provision for doubtful debts are a sign of potential risks and uncertainties in the business's receivables, but they do not guarantee that all of the company's customers would be unable to payment their bills. The corporation is being proactive by taking this action to maintain a conservative financial position and account for potential losses.

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Answer:

yess

Explanation:

nothing should hold you back from reaching your goals.

Answer:

Apply to schools and sure, why not

Explanation:

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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The type of quality assessment that food critic Lorraine will make on each visit, assessment of the service, food quality and ambience of a restaurant will be based on their experience.

Quality assessment is carried out by collecting data to identify compliance with pre-established standards, such as those defined by Lorraine, regarding service, food and environment.

Therefore, through her on-site experience, she will be able to assess the quality according to her criteria and then share it with the public or in media such as newspapers, magazines and blogs.

The experience of the food critic will influence the public to decide if they want to go to the place and also to the restaurant to improve the quality of their service and products.

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A general view from the leadership, internal and external communication with stakeholders has been provided

Leadership:

Efficient leadership necessitates setting a definitive vision, encouraging and motivating personnel, and making judicious decisions when required. A successful leader should succinctly verbalize the vision and objectives of the organization and guarantee that employees comprehend their positions in attaining those aims.

Interior communication with stakeholders pertains to communication within an institution with staff, superior executives, and additional internal stakeholders. Successful internal communication can facilitate aligning the visions and aspirations of the corporation and guaranteeing that everybody is progressing towards common ambitions.

External communication with stakeholders:

External communication with stakeholders alludes to communication with purchasers, vendors, financiers, and other external parties. Effective external communication can promote constructing associations with these stakeholders, embellish the standing of the establishment, and elevate customer gratification.

Certain obstructions to productive communication can affect the capability of leaders to communicate effectively with stakeholders. These impediments involve speakers barriers, cultural differences, physical detachment, and technological issues. Other hindrances consist of inadequate trust, deficient listening aptitudes, and indefinite or ephemeral messages.

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Answer:

A. To display data returned from a query in a specially formatted way.

Answer:

True

Explanation:

For covered nonexempt workers, the federal minimum wage is $7.25 per hour.

How would a higher minimum wage impact the income of families?

A higher minimum wage might lift some of these families out of poverty by increasing the real income of low-wage employees who have jobs (i.e., income adjusted to eliminate the impacts of inflation).

What happens when the minimum wage goes up?

The minimum wage increase lowers turnover. Lower employee turnover results from higher compensation, which lowers the expenses of hiring and training new employees. According to a Center for American Progress report, replacing low-wage workers will cost roughly 16 percent of their annual compensation.

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Solution :

The optimal order quantity, EOQ = \($\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$\)

EOQ = \($\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$\)

        = 115.47

The expected number of orders = \($\frac{\text{demand}}{EOQ}$\)

                                                      \($=\frac{2000}{115.47}$\)

                                                      = 17.32

The daily demand = demand / number of working days

                               \($=\frac{2000}{240}$\)

                              = 8.33

The time between the orders = EOQ / daily demand

                                                 \($=\frac{115.47}{8.33}$\)

                                                  = 13.86 days

ROP  = ( Daily demand x lead time ) + safety stock

        \($=(8.33 \times 8)+10$\)

         = 76.64

The annual holding cost = \($\frac{EOQ}{2} \times \text{holding cost}$\)

                                         \($=\frac{115.47}{2} \times 3.6$\)

                                         = 207.85

The annual ordering cost = \($\frac{\text{demand}}{EOQ} \times \text{ordering cost}$\)

                                           \($=\frac{2000}{115.47} \times 12$\)

                                           = 207.85

So the total inventory cost = annual holding cost + annual ordering cost

                                            = 207.85 + 207.85

                                            = 415.7

The present value of the bonds payable using the present value tables in exhibit 5 and exhibit 7 is $45,323,443.20  

The present value of the bonds consist of the present value of the semiannual interest payment

i.e$42,000,000*11%*6/12=$2,310,000.00

The semiannual payment would be multiplied by the annuity for ten periods

(5 years *2) using 4.5% (11%/2)   which is 7.91272

present value of semiannual interest payment

=7.91272 *2,310,000.00=$ 18,278,383.20  

Present value of face value in after 10 periods

=0.64393 *$42,000,000=$ 27,045,060.00  

Total present value

=$ 27,045,060.00+$18,278,383.20

=$45,323,443.20

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Answer:

O Italic.

Explanation:

Brad works for a retailer of consumer goods. His role is to review marketing actions and track marketing results while also identifying and defining marketing prospects. Marketing research is part of Brad's work.

Marketing research offers data that is important for making decisions, which helps marketing management. Both the route of action and success are not determined by marketing research. Instead, by helping to reduce the amount of uncertainty surrounding the options, market research helps.

Marketing research is the methodical gathering, logging, and analysis of qualitative and quantitative information about issues pertaining to the marketing of goods and services. Finding and analyzing how shifting elements of the marketing mix influence consumer behavior is the goal.

Market research is an organized effort to discover as much as possible about target markets and consumers, beginning with who they are. It is an important component of company strategy and a significant factor in maintaining competitiveness.

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Answer:

The answer is C. wholesaler.

Explanation:

According to Edmentum, "Wholesalers purchase goods from various producers and stock them. Then, they sell stocks of goods to different retailers according to their requirement."

Answer:

The answer is D) Wholesaler

Answer:

Every day we perform series of activities in which few are very important while other may not be. But to perform every activity, we need to design the things systematically. We prioritize our activities as per their importance and then we take the action to make it fruitful. As per their value and importance we may develop following types of plan in our daily life;

Strategic or operational plan: Strategic or Operational Plan means an arsenal plan which tells how we can achieve the ultimate goal of our given task by creating clear and defined steps. As an operational plan, if we have an important task in our hand then we have to create step by step action which is oriented towards achievement of overall objective. Eg: If Periodical exams are due for...

The methods that show the property sheet is on the form tools design tab, in the Tools group, click property sheet and press the F4 function.

A property sheet refers to the window that allows the user to view and edit the properties of an item.

The method that shows the property sheet is on the form tools design tab in the Tools group, click the property sheet and press the F4 function key.

Therefore, B, and D are the correct option.

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