Company Day 1 Day 2 Day 3 Day 4 Day 5: PRICE B A $13 10 13 10 Day 5 12 *Split at close of day 2. Split at close of day 3. Calculate a Standard& Poor's Index for days 1 through 5 using a beginning index value of 10. Do not round intermediate calculations. Round your answers to three decimal places Day 11 Day 2: Day 3: Day 4: с $50 59 58 31 29 $21 21 42 44 42 A 450 450 450 450 450 SHARES 8 390 390 195* 195 195 с 220 220 220 440 440

Company Day 1 Day 2 Day 3 Day 4 Day 5: PRICE B A $13 10 13 10 Day 5 12 Split at close of day 2. Split at close of day 3. Calculate a Standard& Poor's Index for days 1 through 5 using a beginning index value of 10. Do not round intermediate calculations. Round your answers to three decimal places Day 11 Day 2: Day 3: Day 4: с $50 59 58 31 29 $21 21 42 44 42 A 450 450 450 450 450 SHARES 8 390 390 195 195 195 с 220 220 220 440 440

Name: PRICE8$2121424442с$5059583129Company ADay 1$13Day 210Day 313Day 410.D
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Description: PRICE8$2121424442с$5059583129Company ADay 1$13Day 210Day 313Day 410.Day 512*Split at close of day 2.bsplit at close of day 3.Calculate a Standard& Poor's Index for days 1 through 5 using a beginning index value of 10. Do not round intermediate calcu

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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QS 17-4 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable Percent Change: = Short-term investments Accounts receivable Notes payable $ Current Year Prior Year $ 377,232 99,828 0 $ 236,026 103,326 90,624 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year 377,232 $ 99,828 0 Prior Year 236,026 103,326 90,624 Denominator: Dollar Change Percent Change % % %
ok D Int = Print Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) 0 ferences # Short-term investments Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable Type here to search Esc fo F1 1 X F2 $ Current Year $ 378,252 100,583 @ 2 0 Horizontal Analysis - Calculation of Percent Change Numerator: 1 Current Year F3 20 #m Prior Year $ 236,897 104,503 91,702 3 378,252 $ 100,583 F4 0 S4 Prior Year $ 236,897 104,503 91,702 F5 $ % 5 Denominator: Dollar Change F6 111,355 (3,920) (91,702) DELL F7 A Percent Change 29.4 % (26.7) % (100.0) % 6 F8 & 7 0 F9 * a 8 F10 9
Aging of Receivables ScheduleJuly 31 Customer Balance NotPast Due 1-30DaysPast Due 31-60DaysPast Due 61-90DaysPast Due Over 90DaysPast Due Subtotals 1,050,000 600,000 220,000 115,000 85,000 30,000 Boyd Industries 36,000 36,000 Hodges Company 11,500 11,500 Kent Creek Inc. 6,600 6,600 Lockwood Company 7,400 7,400 Van Epps Company 13,000 13,000 Totals 1,124,500 607,400 233,000 121,600 96,500 66,000 Percentage uncollectible 1% 3% 12% 30% 75% Allowance for Doubtful Accounts 106,106 6,074 6,990 14,592 28,950 49,500 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank. July 31 fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6
QUESTION 2: | Accounts Receivable 100,000 2,000 Allowance for Uncollectible Accounts The company uses the "aging method" for determining its Doubtful accounts. The adjustment is made only once a year at the end of December. The aging analysis is as follows: Aging Category Not yet due 30 days past due 60 days past due Over 90 days past due Estimated Doubtful % Amount $40,000 $30,000 $20,000 $10,000 2% 3% 4% 5% Required: a) Prepare the adjustment in journal entry format. b) Show the balances of the accounts that will be reported in the balance sheet.
stion 5 USING THE FOLLOWING DATA, CALCULATE THE CURRENT RATIO (X): TAKE ANSWER OUT TO ONE PLACE AFTER THE DECIMAL accounts payable 15 merchandise inventory 30 +-- 22 --- 51 accounts receivable medical supplies 9 long term notes payable nursing revenue : 50 -- - 6. + - - 4 4 accumulated depreciation -blg 4 prepaid rent expense amortization expense property taxes payable building 60 pension obligation : 27 8' transportation expense 9 bonds payable 115 unearned nursing income 24 cash 1. Zorro, capital 39 depreciation expense : 18 7. Zorro, withdrawals marketable securities A Moving to the next question prevents changes to this answer. MacBook Air 3.
Mirror Mart uses the balance sheet aging method to account for uncollectible debt on receivables. The following is the past-due category information for outstanding receivable debt for 2019. 0-30 days 31-90 days Over 90 days past due past due past due Accounts receivable amount $55,000 $33,000 $17,000 Percent uncollectible 8% 15% 30% Total per category ? Total uncollectible ? To manage earnings more efficiently, Mirror Mart decided to change past-due categories as follows. 0-60 days 61-120 days Over 120 days past due past due past due Accounts receivable Amount $84,000 $11,000 $7,000 Percent uncollectible 8% 15% 30% Total per category ? ? ? Total uncollectible ? Complete the following. A. Complete each table by filling in the blanks. 0-30 days 31-90 days Over 90 days past due past due past due Accounts receivable amount $55,000 $33,000 $17,000 Percent uncollectible 8% 15% 30% Total per category Total uncollectible
17 Find the EAR in cach of the following cases (Use 365 days a year Do not round Intermediate calculations end enter your answers es a percent rounded to2 decimal places, e.g, 3216.). Elfective Rate (EAR) Humber of Times Campounded Quarterly Monthly, Staled Ratz. (APR) 17.1 13.41 Dary 106 Infate
Journal Entries (Note Received, Renewed, and Collected) Jan. Received a 30-day, 6% note in payment for merchandise sale of $20,000. 16 Feb. Received $100 (interest) on the old (January 16) note; the old note is renewed for 30 15 days at 7%. Mar. Received principal and interest on the new (February 15) note. 17 19 Received a 60-day, 6% note in payment for accounts receivable balance of $8,000. May Received $80 (interest) plus $1,000 principal on the old (March 19) note; the old note 18 renewed for 60 days (from May 18) at 6%. July Received principal and interest on the new (May 18) note. 17 Prepare general journal entries for the transactions. Assume 360 days in a year. Page: 1 ACCOUNT TITLE DOC. POST. NO. REF. DATE DEBIT CREDIT 20-- 1 Jan. 16 3 4 Feb. 15 4 6 7 8 9 Mar. 17 9 10 10 11 11 12 12 13 Mar. 19 13 14 14 15 15 16 May 18 16 17 17 18 18 19 19 20 20 21 July 17 21 22 22 23 23 24 24 in
Drill Problem 7-20 (Algo) (LU 7-2 (2)] Complete the following: Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Amount of invoice $ Terms 635 2/10, N/60 Invoice date 7/18 Actual partial payment made $ 435 Date of partial payment 7/27 Amount of payment to be credited Balance outstanding
Practice chpt 5 - Co X A ezto.mheducation.com/ext/map/index.html?_con=con&external browser=D0&launchUrl=https%253A%252F%252Fdcccd.blackboar ce chpt 5 A Saved At the end of 2021, Worthy Co's balance for Accounts Receivable is $24,000, while the company's total assets equal $1,540,000. In addition, the company expects to collect all of its receivables in 2022. In 2022, however, one customer owing $4,000 becomes a bad debt on March 14. Record the write off of this customer's account in 2022 using the direct write-off method. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Rook View transaction list Journal entry worksheet Print erences Record the write off of this customer's account in 2022 using the direct write off method. Note: Enter debits before credits. Date General Journal Debit Credit March 14, 2022 Record entry Clear entry View general journal raw Type here to search Ps DII PrtScn Hom F3 F7 F8 近

Past-Due Category 0-30 days 31-90 days Over 90 days Accounts Receivable Total $22,480 36,540 15,330 Percentage Uncollectible 6% 17% 25% Based on the aging schedule above, the total uncollectible estimated bad debt for Growth Markets, LLC is [round your answer to the nearest dollar & include the dollar sign, $, in your answer)
Current Attempt in Progress The Accounts Receivable account has a beginning balance of $48900 and an ending balance of $69600. If total sales on account were $39500 for the year, what were the total collections on account? $69600 O $79000 O $18800 O $60200 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air DII DD 000

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