Find the commission # 8 Real Estate 9 Computers 10 Major Appliances 11 Clothing 12 Computer Supplies 13 Siding Contract = Sales Position 14 Auto Total Sales $198,000 18,100 9,598 1,311 929 68,417 X Straight Commission X X X XX X X Rate 8% 2% 6% 9% 16% 12% 11 || = = = || 11 Commission 690.48 2,052.51
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- w/ ル 16 AaBbCcDc AaBbCcDc AABBCC AABBCCC A 1 Normal 1 No Spac... Heading 1 Heading 2 , 三 Paragraph Styles The appropriate ratios for the company. 2018 2017 current ratio = 4.26470 4.82510 acid test ratio = 1.18602 1.43199 %3D days sales uncollected = net profit margin = 8.29954 1.87842 1.26872 gross profit margin debt to equity ratio = = 9.78681 8.15187 0.38634 0.38720 debt ratio = 0.62956 0.63186 equity ratio = 0.37044 0.36814 interest coverage ratio 6.50636 The Plan The Company is considering opening a new store. The directors of the company have contracted op nou an assessment of the financial performance of the company over the two (2) year period 2017 to 2018. Required: 1. Write a report to the Board of Directors on the performance of the company over the two years, highlighting areas of concern. 2. Would you recommend the opening of a new store? X. Ed 27° acerWeek1/Chapter 2 Aagrmex O Qurstion 4-Ch 2- Finl. Stateme x C4 lem Simmone ls education.com/ext/man/inder.htmi.con condexternal browser olaunchUr http:62534%252F252Fne Statements & Cash Flow Seved Sheaves, Inc., has sales of $55,500, costs of $25,200, depreciation expense of $2,800, and interest expense of $2,550. If the tax rate is 24 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.) Operating cash floe earchA1 fx Chapter 9: Applying Excel A В E F G H 1 Chapter 9: Applying Excel 2 3 Data 4 Revenue 5 Cost of ingredients 6 Wages and salaries 7 Utilities 8 Rent $16.00 q $6.50 q $10,000 $800 $0.20 q + $2,200 $600 9 Miscellaneous $0.80 q + 10 11 Actual results: 12 Revenue $27,920 $11,110 13 Cost of ingredients 14 Wages and salaries $10,130 $1,080 $2,200 15 Utilities 16 Rent 17 Miscellaneous $2,240 18 19 Planning budget activity 20 Actual activity 1,800 meals served 1.700 meals served 21 22 Enter a formula into each of the cells marked with a ? below 23 Review Problem: Variance Analysis Using a Flexible Budget 24 25 Construct a flexible budget performance report 26 Revenue 27 and Actual Activity Planning Budget 1,800 $ 28,800 28 Spending Variances Flexible Results Вudget 1,700 $ 27,200 $ 29 Variances 30 Meals served 1,700 31 Revenue 32 Expenses: Cost of ingredients Wages and salaries $27,920 $ 720 F 1,600 U $11,110 $10,130 $1,080 $2,200 $2,240 $26,760 $1,160 $ 11,050 $10,000 33 60 U 650 F 11,700…
- 3 1. Calculate the Average Daily Rate for the following hotels 4 (2 Decimal Places) > 5 7 B 9 0 1 2 9 Th Hotel A Hotel B Hotel C Hotel D Hotel E Total ROOMS AVAILABLE 250 147 236 245 387 0 ROOMS SOLD 210 134 133 197 307 OCC % 84.00% 91.16% 56.36% 80.41% 79.28% 77.55% REVENUE $ 34,230.00 $ 20,368.00 $ 24,871.00 $ 27,186.00 $ 38,068.00 ADR Sheraton Toronto has 752 rooms and the following business volumes for the week of November 7th to 13th. CPreparing a Schedule of Cash Collections on Accounts Receivable Kailua and Company is a legal services firm. All sales of legal services are billed to the client (there are no cash sales). Kailua expects that, on average, 20% will be paid in the month of billing, 50% will be paid in the month following billing, and 25% will be paid in the second month following billing. For the next 5 months, the following sales billings are expected: $84,000 100,800 77,000 86,800 91,000 May June July August September Required: Prepare a schedule showing the cash expected in payments on accounts receivable in August and in September. If an amount box does not require an entry, leave it blank or enter "0". Be sure to enter percentages as whole numbers. Kailua and Company Schedule00 X + Create 24 Find text or tools Q ℗ 4 Question 4 The following cash book receipts can be found in the books of Bushveld Traders for April 2024: X 2024 Al Assistant (Marks:15) Doc No Day e DR510 1 Jock Bush Α B/S 04 8 00 Jedi Dealers Internet sales A Details Fol. Analysis of Receipts (R) Bank (R) Debtors Control (R) Output VAT (R) Sales Sundries (R) Amount Fol. Details 82 080 00 82 080 00 82 080 00 Capital 75 753 00 9 880 83 65 872 17 B C B/S 04 15 Blah Bank: Interest 906 30 on deposit D E FL G DS327 21 Stuart Smith cash 17 907 12 17 907 12 sales H DS328 24 Commercial 8 406 36 8 406 36 B/S 04 DS329 27 DR511 30 26 Tenant: Bill Tong Norma Edwards J K L 6 947 35 6.947 35 B Belton cash sales 84 303 00 84 303 00 10 996 04 73 306 96 Steve Brown ? M N 352 431 01 O 154 750 54 ? Abbreviations in the Document Number column: DR, B/S, and DS, indicate Duplicate Receipts, Bank Statement and Duplicate Cash Slips respectively. Required: ments Fill in the missing amounts/details for the letters A…
- 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1. Ethics in Financial reporting is a responsibility of the organization and the managers, given the ethical principles of trust and transparency, describe how can you as a manager be able to uphold these two in your practice. 2. Income Statements are profit and losses, given the table, describe the implication of the income statement of the hospital Income Statement Php 5,600,000 Php 3,500,000 Php Php 2,170,000 Revenues Expenses Cash on Hand 70,000 Profit 3. The Owner's Equity in the table suggests the status of the company, describe what does it mean and what implications can you derive from it Owner's Equity Owner's Capital Php 4,900,000 Php 2,100,000 Additional Investment Withdrawals Php 1,500,000 Php 5,500,000 Ending Capital 4. The Balance Sheet of Company Z shows the following, what can you derive from the financial health of the company? Current Asset Current Liabilities Php 5,600,000 Php 3,500,000 Php Inventory Creditors Php 4,900,000 Debtors Bank Loan Php 2,100,000 70,000 Php…can you help me fill in the yellow boxes
- Ex4 The following 2015 information related to the Al-Dhiya co. Office salaries 4,900\ purchases ?1 rental revenues 17,230 transportation-out 2.690 depreciation of office equipment 3,960 Cost of goods available for sale 72.170 sales commission 7,980 1 depreciation of sales equipment 6,480 \ inventory \1 15,400 inventory 31\12 16,600 I sales 96.500I transportation-in 2,780 income tax 9,070 \ interest expenses 1,860. Required: Prepare an income statement for the year ended in 31\12\2015.e V:11 * BATELCO FAP Quiz Week 11 (DAC23046_NDBAC-S1M... < Mohamed is a sole trader. He is selling laptops. .2 The purchase price is BD240. What would the ?profit be if 20% sales margin is applied )2 نقطة( أدخل إجابتك Sales for the year amounted to BD41,250, .3 purchases amounted to BD33,500. Closing inventory amounted to BD8,910. A sales margin of 20% applies. How much is the beginning (inventory? (5 marks )2 نقطة( أدخل إجابتك If Ahmed sells laptops for 290, what would the .4 ?purchase price be if 20% mark-up was applied )2 نقطة( أدخل إجابتك CO) ... ::* المزید التقویم الواجبات الفرق دردشة النشاط46 llE9 b M 59% O 2:23 8 docs.google.com/forms/c 42 The following accounts are extracted from the worksheet of X Company on December 31, 2020 Sales Retums and Allowances $410,000 Sales Discount 140,000 Sales 1,500.000 Salaries Expenses - Sales 52,000 Rent Revenue 22,000 Purchases Retums and Allowances 120,000 Purchases 600,000 Loss from write down of Inventory 17,000 Inventory, January 1, 2020 460,000 Interest Expense 55,000 Gain from Sale of Building 23,000 Freight-out 14,000 Freight-in 30,000 Depreciation Expense - Sales 22,000 Cost of Goods Sold 600,000 Based on the data above, the inventory account showed a balance of $------ on December 31, 2020: $340,000 $370,000 $354,000 None of the above