Currently, Cathy's Shirt Shop sells 498 units a month at an average price of $98 a unit. The company thiks it can increase sales by an additional 140 units a month if it switches to a net 30 credit policy. The monthly interest rate is .45 percent and the variable cost per unit is $55. What is the incremental cash inflow of the proposed credit policy switch?

Answers

Answer 1

Answer:

$6,020

Explanation:

Calculation for the incremental cash inflow

Using this formula

Incremental cash flow=(Average price per units-Variable cost per unit)*Additional units

Let plug in the formula

Incremental cash flow = ($98 - $55)*140 units

Incremental cash flow=$43*140 units

Incremental cash flow= $6,020

Therefore the incremental cash inflow will be $6,020


Related Questions

How does a business identify how much profit was made on a job?

Answers

Answer:

Making a profit is one of the most important objectives of a business. You can calculate your business profit by subtracting your total expenses from your total revenue. To identify what the revenues and expenses are, start by choosing the time period you want to study.

Explanation:

Hope this helps u

Crown me as brainliest:)

Dufner Co. issued 14-year bonds one year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.6 percent, what is the current dollar price assuming a par value of $1,000

Answers

Answer:

Bond price= $1,210.4

Explanation:

Giving the following information:

Coupon rate= 0.079/2= 0.0395

YTM= 0.056/2= 0.028

Face value= $1,000

n= 13*2= 26

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond price= 39.5*{[1 - (1.028^-26)]/0.028} + [1,000 / 1.028^26]

Bond price= 722.67 + 487.73

Bond price= $1,210.4

Dominic is an architect and wants to represent a pocket door in the plan. Which symbol should he use?

Answers

Answer:

The answer is C.

A competitive market is one in which:

a. few large sellers compete for a majority of the market share.
b. individual sellers and buyers have a lot of influence over market price.
c. government oversees its operation.
d. fully informed price-taking buyers and sellers easily trade a standardized good.

Answers

Answer:

d. fully informed price-taking buyers and sellers easily trade a standardized good.

Explanation:

A competitive market is a market where there is a large number of buyers and sellers that sell and purchased homogenous products. The sellers are to be considered as price takers also they cannot influence the price of the market. Plus, the demand for the perfect competition is perfectly elastic

Therefore the correct option is D.

If you earn 10% per year on your bank account, how long will it take an account with $105 to double to $210? Do not round intermediate celculations. Round your answer to 2 decimal places.) Number of years _________.

Answers

Answer:

n= 7.27 years

Explanation:

Giving the following information:

Interest rate= 10%

Future value (FV)= $210

Present value (PV)= $105

To calculate the number of years to double the investment, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)  

n= ln(210/105) / ln(1.1)

n= 7.27 years

benefits are offered by employers to attract good employees

Answers

Answer:

its true :))

Explanation:

Answer:

true

Explanation:

edg 2021

Martin Company currently produces and sells 40,000 units of product at a selling price of $12. The product has variable costs of $6 per unit and fixed costs of $150,000. The company currently earns a total contribution margin of: ________.
a. $280,000
b. $200,000
c. $240,000
d. $90,000

Answers

Answer:Total contribution margin = $240,000---c

Explanation:

Contribution margin is the revenue left after removing  the variable costs that are incurred in producing a product. This  margin helps one to know how profitability each  item is  that a company produces and  puts up for sale.

It is calculated as

 Contribution per unit = selling price per unit - variable costs per unit.

$12-$6 = $6

Total contribution margin = Contribution per unit x number of units sold.

$6 x 40,000 units

=  $240,000

Which of the following accounts is debited, when overhead is applied to jobs?
a) Manufacturing Overhead
b) Work in Process
c) Inventory Indirect
d) Labor Finished
e) Goods Inventory

Answers

Answer: Work in process

Explanation:

It should be noted that the work in process inventory will be debited on a situation wherby the overhead is being applied to jobs

During production when the manufacturing overhead is being applied for production purposes, the manufacturing overhead is credited and the work in process is debited.

Therefore, the correct option is B.

This year Amy purchased $2,000 of equipment for use in her business.However, the machine was damaged in a traffic accident while Amy was transporting the equipment to her business.Note that because Amy did not place the equipment into service during the year, she does not claim any depreciation expense for the equipment.
a. After the accident, Amy had the choice of repairing the equipment for $1,800 or selling the equipment to a junk shop for $300.Amy sold the equipment.What amount can Amy deduct for the loss of the equipment?
b. After the accident, Amy repaired the equipment for $800.What amount can Amy deduct for the loss of the equipment?
c. After the accident, Amy could not replace the equipment so she had the equipment repaired for $2,300.What amount can Amy deduct for the loss of the equipment?

Answers

Answer:

a. After the accident, Amy had the choice of repairing the equipment for $1,800 or selling the equipment to a junk shop for $300.Amy sold the equipment.What amount can Amy deduct for the loss of the equipment?

Amy can deduct $2,000 - $300 = $1,700 as casualty loss. Casualty losses occur due to unexpected and sudden events that damage or destroy assets.

b. After the accident, Amy repaired the equipment for $800.What amount can Amy deduct for the loss of the equipment?

Amy can deduct $1,800 as casualty loss. She can deduct the lesser between the asset cost and the cost or repairing it.

c. After the accident, Amy could not replace the equipment so she had the equipment repaired for $2,300.What amount can Amy deduct for the loss of the equipment?

Amy can deduct $2,000 as casualty loss. She can deduct the lesser between the asset cost and the cost or repairing it.

_____is a set of laws about the way a business should behave.
A)Business ethics
B)Company constitution
C)Ethics
D)The Better Business Bureau

Answers

The answer would be A- Business ethics

A 2-year maturity bond with face value of $1,000 makes annual coupon payments of $80 and is selling at face value. What will be the rate of return on the bond if its yield to maturity at the end of the year is?

Answers

Answer:

Rate of return = 9.887%

Explanation:

What will be the rate of return on the bond if its yield to maturity at the end of the year is 6%

New price of the bond = Present value of the final coupon payment + Present value of the maturity amount

New price of the bond = $80 / (1+r) +$1,000 / (1+r)

New price of the bond = $80 / (1+0.06) +$1,000 / (1+.06)

New price of the bond = $80 / (1.06) +$1,000 / (1.06)

New price of the bond = $1,080 / 1.06

New price of the bond = $1,018.87

Rate of return = Coupon + New price - Old price / Initial price

Rate of return = $80 + $1,018.87 - $1,000 / $1,000

Rate of return = $98.87 / $1,000

Rate of return = 0.09887

Rate of return = 9.887%

a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6%. Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.) b. What is the duration if the yield to maturity is 10%

Answers

Answer:

A) the formula to calculate modified duration of bonds:

modified duration = [1 - (1 + y)⁻ⁿ] / y

modified duration = [1 - (1 + 6%)⁻³] / 6%  = 2.673 years

if you want to determine the Macaulay duration = modified duration x (1 + yield) = 2.673 years x 1.06 = 2.833 years

B)   modified duration = [1 - (1 + 10%)⁻³] / 10%  = 2.487 years

if you want to determine the Macaulay duration = modified duration x (1 + yield) = 2.487 years x 1.1 = 2.736 years

a. The duration should be 2.833 years.

b. The duration should be 2.736 years.

The calculation is as follows:

Modified duration = [1 - (1 + y)⁻ⁿ] ÷ y

= [1 - (1 + 6%)⁻³] ÷ 6%  

= 2.673 years

 Macaulay duration = modified duration × (1 + yield)

= 2.673 years × 1.06

= 2.833 years

B)   modified duration = [1 - (1 + 10%)⁻³] ÷ 10%  

= 2.487 years  

Macaulay duration = modified duration × (1 + yield)

= 2.487 years × 1.1

= 2.736 years

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A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000. Operating income was:____________.
a. $420,000
b. $980,000
c. $180,000
d. $1,080,000

Answers

Answer:

A

Explanation:

Based on the fixed and variable costs, as well as the sales amount, the operating income was C. $180,000.

What was the operating income?

This can be found as:

= Sales - Variable costs - Foxed costs

Solving gives:

= 1,000,000 - (40% x 1,000,000) -420,000

= 1,000,000 - 400,000 - 420,000

= $180,000

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At the end of 2021, Windsor Co. has accounts receivable of $749,900 and an allowance for doubtful accounts of $23,580. On January 24, 2022, it is learned that the company’s receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,564.


(a)


Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers

Answer:

DR Allowance for Doubtful Debt                                  $4,564

      CR Accounts Receivable                                                          $4,564

Using the Allowance method means that an allowance has already been provided from which uncollectible accounts will be deducted from.

When an amount is uncollectible therefore, it will be debited to the Allowance account to reduce it. Accounts receivable will be credited to recognise that a receivable is now uncollectible.

can someone plz tell me the percentages

Answers

Does it matter what state ?

Answer:

1) 7.75%

2) 1.45%

3) 6.20%

4) 3.65%

Explanation:

They are listed

You are an entrepreneur in the cyber security industry seeking to develop alliances in India. India has diverse regions with many different peoples, traditions, and levels of economic development. Which two regions of India may be most conducive to developing your entrepreneurial alliances? Why?

Please limit the length of responses to two paragraphs.

Answers

Answer:

Two places to conduct cyber business in India :

1. Bangalore, Karnataka

Bangalore karnataka is the also called the cyber hub of Asia. Due to the continuous work by the Karnantaka government this place has become the prime destination for cyber industries.

2. Gurugram, Haryana

After the division of hyderabad, the second best place to implement the cyber hub is gurugram due to its high availability of labor force and workplaces.

The two regions of India that may be most conducive to developing your entrepreneurial alliances will be Bengaluru and Delhi.

It should be noted that cyber security simply means the practice of defending computers, mobile devices, severs, networks, data, etc from unauthorized use.

Based on the information given, the two regions of India that may be most conducive to developing your entrepreneurial alliances will be Bengaluru and Delhi. The reason for choosing these countries is because they're the major IT hubs in the country.

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A user access agreement typically is __________ than the list of employee expected behaviors within an organization.

Answers

Answer:

Narrower

Explanation:

To make sure that all employees that work in an organization know all their responsibilities, that is ethical and legal. They are required to review and to also accept the terms that has been stated in the user access agreement form.

So for this question, the user access agreement is narrower than the list of employees expected behavior in an organization.

Jessica thinks that she might have made a mistake on her tax return and paid more tax than she needed to. Complete the statements describing
what Jessica can do.

Answers

Answer:

Jessica thinks that she might have made a mistake on her tax return and paid more tax than she needed to. Complete the statements describing what Jessica can do.

Jessica can hire

a certified public accountant

to check her tax return. If a mistake is found, Jessica can file Form

1040X

to have the IRS correct the mistake and refund any excess taxes she paid.

I guessed and got it right checked on my quiz

Jessica paid more tax than she needed to because she made a mistake on her tax returns. Here's a list of things she can do to correct her mistake:

A) Wait for IRS correction.

What is IRS correction?

IRS, or the Internal Revenue System, might rectify the miscalculation and notify Jessica about the same through a letter. In that case, IRS will intimate Jessica about the changes along with the list of steps she needs to follow to fix the mistake.

B) Fill out the 1040X form.

What is Form 1040X?

In case Jessica doesn't want to wait for IRS to fix the mistake, she can correct it by herself. Jessica can apply to rectify her mistake through form 1040X. It is the only form she can file to correct the previous mistake on her tax returns. The form can be downloaded as a pdf and is easy to fill. It acts as a rectification to form numbers 1040, 1040A, 1040EZ, 1040NR, and 1040NR-EZ. She should not apply for a new 1040. However, Jessica should keep a copy of 1040 with her.

There are three columns in form 1040X. Jessica needs to sum up the original 1040 in the first column. In the second column, Jessica needs to highlight the modification. Jessica will have to write the amount she originally had to pay.

How should Jessica support her claims?

Jessica should explain her situation clearly in part three of the form. She should also attach the relevant documents to support her claim.

How to get a refund?

Jessica must file the 1040X in two to three years to receive a refund on her overpayment.

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Under the Real Estate Law of California, an agent is required to give a copy of the listing agreement to his principal at:__________.
a. the close of escrow.
b. the beginning of escrow.
c. once the buyer has signed it.
d. at the time of signing.

Answers

Answer:

d. at the time of signing.

Explanation:

Under Section 10142 of real estate law agent has to submit a copy of the listing agreement to the principal.

Section 10142 of the real estate law of California is attached with this is attached please find it.

A company is involved in a lawsuit for which the contingent liability is remote. How should the liability be treated on the balance sheet?

a. It should be disclosed in the notes only.
b. It should not be recorded and need not be disclosed.
c. It should be recorded as a current liability.
d. It should be recorded as a long-term liability.

Answers

Answer:

b. It should not be recorded and need not be disclosed.

Explanation:

A contingent liability must be recorded in the balance sheet only if its outcome is very probable and the company can estimate its cost.

If the liability is only possible or its amount cannot be determined exactly, then it must be disclosed in the footnotes.

If the liability is only a remote outcome, or it is unlikely to happen, then it doesn't need to be recorded or disclosed.

Ms. Smith employs 50 salespeople to sell copiers. If she wants information on the typical number of copiers sold by a salesperson, which Data Analysis tool should she use

Answers

Answer:

Descriptive statistics

Explanation:

If Ms smith wants information on the typical number of copiers sold by a salesperson she has to use descriptive statistics.

Descriptive statistics is used to describe data. It gives basic summary of the sample and also measures. It entails the usage and analysis of the collected data. Therefore descriptive statistics is the data analysis tool that she would need.

Under the ABC costing method,

a. departments are identified as activities.
b. activity rates are calculated by dividing the budgeted activity cost by the total activity-base usage.
c. the budgetary activity costs are assigned to products using factory overhead rates for each activity.
d. All of these choices are correct.

Answers

Answer:

d. All of these choices are correct.

Explanation:

Activity Based Costing system is the cost attribution to cost units (products) on the basis of benefits received from indirect activities, that is overheads that can not be allocated to a particular product or process.

So the process involves identifying activities driving the overheads. Determining the activity rates and assigning the costs using activity rate.

So, all the options given are applicable.

____ is a referral service that employees can use to seek professional treatment for emotional problems or substance abuse.

Answers

Answer:

Employee assistant programs

Explanation:

An employee assistant prgram is a program organized by organizations to assist their employees' personal problems which are hindering their performance in work-place.

EAP's tend to assist those employees that suffer from alcohol abuse, emotional abuse, substance abuse, etc. EAP's is a short-term counselling or follow-up sessions provided  to employees facing above-mentioned abuses.

Therefore, the correct answer is employee assistant programs.

Cosplay Unlimited sells 1,140 outfits per year at an average price of $143. The terms of the sale are 1/15, net 40. The discount is taken by 71 percent of customers. What is the company's accounts receivable balance?

a. $19,651.73
b. $17,865.21
c. $9,937.52
d. $8,632.13
e. $7,326.74

Answers

Answer: c. $9,937.52

Explanation:

The Accounts receivable balance can be calculated by;

= Outfits per years * Average Price * (Collection period/365)

Collection period;

71% take the discount which means that they pay in 15 days while the rest pay in 40.

= (71% * 15) + (29% * 40)

= 22.25 days

Accounts Receivable balance = 1,140 * 143 * (22.25/365)

= $9,937.52

A trading arrangement that eliminates most or all barriers to trade among participating nations and utilizes common barriers to trade with other countries outside the group is called a

Answers

Answer:

preferential trade agreement

Explanation:

This agreement is known as a preferential trade agreement. It is called this because it tends to make it easier for specific goods to be traded but only to the countries that are part of the group and/or agreement. This agreement also makes it harder for countries that are not part of the agreement to be able to trade with the countries that are in order to maintain the countries within the agreement trading with each other.

The Wilson family has a disposable income of $60,000 annually. Currently, the Wilson family spends 80% of new disposable income on consumption. Assume that their marginal propensity to consume is 0.8 and that their autonomous consumption spending is equal to $10,000. What is the amount of the Wilson family's annual consumer spending

Answers

Answer:

the annual consumer spending is $58,000

Explanation:

The computation of the amount of the wilson family is shown below"

Annual consumer spending is

= Disposable income × marginal propensity to consume + autonomous consumption spending

= $60,000 × 0.8 + $10,000

= $48,000 + $10,000

= $58,000

hence, the annual consumer spending is $58,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Suppose that 2 years after the issue date (as in Part a) interest rates fell to 8%. Suppose further that the interest rate remained at 8% for the next 8 years. What would happen to the price of the bonds over time

Answers

Answer:

the first part of the question is missing, so I looked fro a similar one:

Suppose Hillard Manufacturing sold an issue of bonds with a 10-year maturity, a $1,000 par value, a 10% coupon rate, and semiannual interest payments.

the market price of the bond after 2 years:

PV of face value = $1,000 / (1 + 4%)¹⁶ = $533.91

PV of coupon payment = $50 x 11.652 (PV annuity factor, 4%, 16 periods) = $582.60

market price = $1,116.51

the market price of the bond after 5 years:

PV of face value = $1,000 / (1 + 4%)⁶ = $790.31

PV of coupon payment = $50 x 5.2421 (PV annuity factor, 4%, 6 periods) = $262.11

market price = $1,052.42

the market price of the bond after 7 years:

PV of face value = $1,000 / (1 + 4%)² = $924.56

PV of coupon payment = $50 x 1.8861 (PV annuity factor, 4%, 2 periods) = $94.31

market price = $1,018.87

During an interview, _______________questions require you to use your own experiences and attributes to craft answers and often deal with soft-skill areas such as teamwork, communication, leadership, conflict resolution, problem solving, mistakes, and job commitment.

Answers

Answer:

Behavioral questions

Explanation:

The answer to this question is behavioral questions. Also known as Behavioral interviewing, the focus of this kind or stage of interview is to know the experience of the candidate that is being interviewed. Speaking of experiences certain informations are required here, like;

Asking the candidate to tell how they have shown certain behaviors, abilities, skills and also knowledge. And also to answer questions on basic workplace scenarios concerning areas such as conflict resolution, leadership, mistakes, job commitment, e.t.c

Macroeconomic is the branch of economics that focuses on ?

Answers

Answer:

economic principles affecting entire countries

Explanation:

What is the value today of receiving $5,000 at the end of six years, assuming an interest rate of 8% compounded semiannually?

Answers

Answer:

$3,122.96

Explanation:

Future value = 5000

i = 8%

n = 6

m = 2

Present Value = FV(1+i/m)^mn

Present Value = 5,000(1+0.08/2)^-2*6

Present Value = 5,000(1.04)^-12

Present Value = 5,000 / (1.04)^12

Present Value = 5,000 / 1.6010322

Present Value = 3122.985284118583

Present Value = $3,122.96

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