a. 2,000,000b. 562,500c. 2,250,000d. 500,000 What is the liability for the outstanding premiums at year-end? *Sisiw Company offers a pottery bowl if they send four boxtopsfrom its products and Php5. Sisiw Company estimated that 50%of the boxtops will be redeemed. During the current year,the entity sold 800,000 boxes and customers redeemed 350,000boxtops. The cost of each bowl is Php30 plus a distributioncost of Php15.

The amount that an organization owes is referred to as a liability of the organization. All the…

Answered: What is the liability for the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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mn.3 answer must be correct or i will give down vote
geb 13 slabintice 5:00 er. Enn 1904 190 e Susbried atsioon ²000-0TR and to en 7. Jaja invested P6,700 for one year, part at 8%, part at 10% and the remainder at 12%. The total annual incomes from these investments was P716. The amount of money invested at 12% was P300 more than the amount invested at 8% and 10% combined. Find the amount invested at each rate
The cash flows associated with a project can be represented by the following decision tree (conditional probabilities are in parentheses): Year 0 Year 1 -$800 $400 (4) $212 56 $500 (6) Year 2 $300 (5) $500 (5) $400 (5) $600 (15) Year 3 $200 (5) $400 (5) $400 (5) $600 (.5) $300 (5) $500 (5) $500 (5) $700 (5) Given this data, determine the expected NPV for this project if the appropriate cost of capital is 12.36 percent.
Dete for Utuyox735, a large merchandiser, is below Sales are budgeted at $307,000 for November, $327,000 for December, and $227,000 for January . Collections are expected to be 60% in the month of sale and 40% in the month following the sale The cost of goods sold is 75% of sales . Utuyoz735 desires to have an ending merchandise Inventory at the end of each month equal to 90% of the next month's cost of goods soid. Payment for merchandise is made in the month flowing the purchase Other monthly expenses to be paid in cash are $22,800. Monthly depreciation is $29,500 . Ignore taxes. . (D#38127) Annet Cash Balance Sheet October 31 Accounts receivable. Merchandise inventory Property, plant and equipment, net of $624,000 accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity Q) What are the accounts payable for Utuyoz735 at the end of December? Multiple Choice F 35,000 85,500…
Assume a merchandising company provides the following information from its master budget for the month of May: Sales $ 121,000 $ 97,000 Cost of goods sold Selling and administrative expenses $ 31,000 Accounts receivable, May 1st $ 17,000 Accounts receivable, May 31st $ 24,500 If all of the company's sales are on account, what is the amount of cash collections from customers included in the cash budget for May?
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