What is the average daily float
Calculating Float in a typical month, the Timemons Corporation receives 90 checks totaling $ 135,000. These are delayed five days on average. What is the average daily float?
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Assume the credit terms offered to your firm by your suppliers are 3/5, net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 30.
Peterson uses the direct method of cost allocation and allocates cost on the basis of employees. If Human Resources cost amounts to $1,800,000, how much of the department's cost would be allocated to Machining?
Cash management versus liquidity management what is the difference between cash management and liquidity management?
Sauders uses the step-down method of cost allocation and allocates cost on the basis of employees. Human Resources cost amounts to $1,200,000, and the department provides more service to the firm than Cafeteria.
The Theisman Company and its sole shareholder John Theisman each have a net capital gain of $100,000. John Theisman is in the maximum individual capital gain tax bracket (28 percent) and the Theisman Company is in the maximum corporate tax bracket
The dollar Store has a Human Resources Department and a Janitorial Department that provide service to three sales departments. The Human Resources Department cost is allocated on the basis of employees.
Davidson Company is a limited liability company. It earned $100,000 in its first year of operation. It may elect to be taxed as a corporation or as a pass-through entity.
A company must incur annual fixed costs of $1,000,000 and variable costs of $200 per unit and estimates that it can sell 10,000 pumps annually and marks up cost by 30 percent.
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