Brady's Inflation Needle Co. reports accounts receivable of $100,000 in 2020 and $250,000 in 2021. Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable

Answers

Answer 1

Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable is: 15% increase.

Percentage increase or decrease

Using this formula

Percentage increase or decrease =2021 Account receivable- 2020 Account receivable/ 2020 Account receivable

Let plug in the formula

Percentage increase or decrease=$250,000 ‐ $100,000/ $100,000

$100,000

Percentage increase or decrease= .15 x 100

Percentage increase or decrease = 15%

Therefore what would be the percentage increase or decrease in accounts receivable is: 15% increase.

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Related Questions

A stock __________ is the distribution of additional shares to stockholders according to their percent ownership. When this occurs, the corporation "calls in" its outstanding shares and issues more than one new share in exchange for each old share.

Answers

Answer:

split

Explanation:

When the selling division in an internal transfer can sell every product at its market price, then the lowest acceptable transfer price as far as the selling division is concerned is: g

Answers

Answer:The Market Price charged to outside customers

Explanation:

If a mutual fund's portfolio is valued at $500 million while there are liabilities of $6 million, what would be the NAV if there were 30 million shares outstanding

Answers

The NAV of the mutual fund's portfolio given the value of the assets, liabilities and the shares outstanding is $16.53.

What is the NAV?

NAV means net asset value. It is the intrinsic value of a stock. NAV can be determined by dividing the differerence between assets and liabilties by the shares outstanding.

NAV = (assets - liabilities) / shares outstanding

(500 - 6) 30 = $16.53

Kendall frequently spots issues that will affect both her team in Sacramento and their counterparts in San Bernardino. Kendall plays a ________ role by setting meetings with both teams so they can work openly and coordinate smoothly.

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1Kendall frequently spots issues that will affect both her team in Sacramento and their counterparts in San Bernardino. Kendall plays a task role by setting meetings with both teams.

What is task role?

These are the jobs that need you to complete tasks. The different roles are assigned to different persons by the person who is senior in the position from the starting to end of the task.

Thus, it is task role.

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Some monopolistic competitors earn positive economic profits in the long run because a. there are high barriers to entry in monopolistic competition. b. they have successfully differentiated their products from their competitors' products. c. there is easy entry and exit. d. b and c e. none of the above

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In a monopoly, only the company that dominates the market can make a profit because it is difficult for other companies to compete (option A)

What is monopoly?

A monopoly is a term that refers to a situation of legal privilege in which a producer or economic agent (monopolist) has great market power and is the only one in an industry.

For example: A company that produces cars and is the only one in a country that has all the means to produce and market cars. For other companies it is difficult to enter a consolidated market to compete against that company.

According to the above, it can be inferred that for new companies there are great barriers to compete against a company that has a monopoly.

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1. What is the effect on the Cash account when a company sells merchandise, but allows the customer to pay later?​

Answers

On the day the cash is received, the Cash account increases, and because of the double entry system, the asset account Accounts Receivable is decreased.

Volusia, Inc. Is a U. S. -based exporting firm that expects to receive payments denominated in both euros and Canadian dollars in one month. Based on today's spot rates, the dollar value of the funds to be received is estimated at $500,000 for the euros and $300,000 for the Canadian dollars. Based on data for the last fifty months, Volusia estimates the standard deviation of monthly percentage changes to be 8 percent for the euro and 3 percent for the Canadian dollar. The correlation coefficient between the euro and the Canadian dollar is 0. 30. What is the portfolio standard deviation

Answers

From the details that are contained in the question, the portfolio standard deviation is 0.0544 or 5.44%

How to solve for the portfolio standard deviation

w1 = weight of euros 1 = 500000/800000

w2 = weight of canadian dollars = 300000/800000

Standard deviation 1 = 8%

Standard deviation 2 = 3%

Correlation coefficient = 0.30

(w1*σ1)² + (w2*σ2)² + (2* w1*σ1* w2*σ2 * 0.30)^0.5

[tex]((0.625*0.08)^{2} +(0.375*0.03)^{2} +(2*0.625*0.08*0.375*0.03*0.3)^0^.^5\\\\= 0.0544[/tex]

Therefore the portfolio standard deviation is given as 0.0544 or 5.44%

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Measures of Success are well-defined by a Six Sigma Team in order to satisfy: Select one: a. customers b. sponsors c. team members d. all of the above e. A and B f. B and C

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Measures of Success are well-defined by a Six Sigma Team in order to satisfy are customers, sponsors, and team members. The correct option is D.

What is a six-sigma team?

Stakeholders, executives, champions, and team members (yellow belts) are typically included in the formation of a Six Sigma team.

The team is led by a green belt or black belt. Master black belts, black belts, green belts, and yellow belts who assist in the management of the improvement initiative may be members at the project level.

Thus, the correct option is d. all of the above

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What is the formula for the receivables turnover ratio?.

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The formula for the receivables turnover ratio is net credit sales divided by average accounts receivable.

What is receivable turnover ratio?

The receivable turnover ratio is what measure the number of times over a given period that a company collects its average account.

It is the number of times per year that a business collects its average accounts receivable.

Hence, the formula for the receivables turnover ratio is net credit sales divided by average accounts receivable.

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Suppose a firm in a competitive market produces and sells 150 units of output and earns $1,800 in total revenue from the sales. If the firm increases its output to 200 units, the average revenue of the 200th unit will be

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If the firm increases its output to 200 units, the average revenue of the 200th unit will be $12.

What is the average revenue?

Average revenue is total revenue earned from selling a good or service divided by the total number of output sold.

Average revenue = total revenue / output

$1800 / 150 = 12

Here are the options:

a. Less than $12,

b. More than $12,

c. $12,

d. Any of the above may be correct depending on the price elasticity of demand for the product.

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Zachary is going to major in business. However, he has never had much interest in subjects with numbers. He would like to avoid taking any finance courses if possible. What should Zachary do

Answers

Zachary should realize that his success in business requires an understanding of financial issues and hence a major in finance and accounting is preferred.

What do you mean by major in business?

The business major is for students who want more education in many business areas, with the option to become a professional.

Students will learn how different types of companies work in the domestic and global economies.

Hence, Zachary should realize that his success in business requires an understanding of financial issues, and hence a major in finance and accounting is preferred.

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What are the portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share and 115 shares of Stock B that sell for $49 per share

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The portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.

Portfolio weight for each stock

First step

Total value = 185($64) + 115($49)

Total value = $17,475

Second step

Portfolio weight for each stock is:

Portfolio weight A = 185($64)/$17,475

Portfolio weight A = .6775

Portfolio weight B = 115($49)/$17,475

Portfolio weight B = .3225

Therefore the portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.

The portfolio weights for a portfolio that has 185 shares of Stock A that sell for $64 per share is: 0.6775; 0.3325.

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Which answer choice does not represent an advantage to using credit cards over other forms of payment? a. payments made online with credit card b. payments made abroad with credit card c. emergency contact number for lost card d. interest due on outstanding balance please select the best answer from the choices provided. a b c d

Answers

Answer: C

Explanation:

An emergency contact number for lost card makes no sense when it comes to an advantage to using credit cards.

The appearance of a résumé can change drastically after it has been scanned. please select the best answer from the choices provided t f

Answers

It is a true statement that the appearance of a résumé can change drastically after it has been scanned.

How does the appearance of a résumé changed?

The real appearance of the resume hardcopy can changed because they lighting and texture will be altered because of the lighting using by the scanning machine.

Therefore, It is a true statement that the appearance of a résumé can change drastically after it has been scanned.

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Trade between nations can be mutually beneficial if one country has:.

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Trade between nations can be mutually beneficial if one country has a comparative advantage.

What do you mean by a comparative advantage?

The model of comparative advantage is one of the basic concepts that underlies the theory of international trade and shows that countries tend to specialize in the production and export of those goods that they manufacture at a relatively lower cost than the rest of the world.

Those that are comparatively more efficient than others and that tend to import goods in which they are more inefficient and therefore produce with costs that are comparatively higher than the rest of the world.

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In the case of a basket purchase, the cost of the land and building is ______.

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The cost of the land & building is split among the assets purchased in proportion to the market value of the assets as a whole in the case of a basket purchase

What is a basket purchase?

It is called a lump sum acquisition because its involves the purchase of many assets as a group.

In this purchase, when an investor purchases an assets, it means the the investor is able to buy many assets as one group in a single transaction,

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CII, Incorporated, invests $710,000 in a project expected to earn a 9% annual rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated 12 years later. What will the cash proceeds be when the project is liquidated

Answers

The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.

Compound Interest

Given Data

Principal = $710,000Rate = 9%Time = 12 years

A = P + I where

P (principal) = $710,000.00

I (interest) = $1,286,992.00

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 9/100

r = 0.09 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 710,000.00(1 + 0.09/1)(1)(12)

A = 710,000.00(1 + 0.09)(12)

A = $1,996,992.00

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A written agreement with a promise to pay a supplier a specific sum of money at a definite time is a(n) ______.

Answers

Answer: Promissory note

Explanation:

When a computer answers your phone call to a utility company and asks you to tell it why you are calling, that computer is using _____. natural language processing an explanation facility supervised learning a knowledge acquisition facility

Answers

A natural language is been used when a computer answers your phone call to a utility company.

What is natural language?

A natural language serves as human language which could be English which us different from constructed language or machine language.

Therefore, When a computer answers your phone call to a utility company , a natural language will be used instead of machine language.

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On December 1, a company pays $3,600 for a 36-month insurance policy. After one month, accrual accounting requires $ _________(100/3,600) of insurance expense be reported on the income statement ending December 31. However, if cash basis accounting is used, $ _______(100/3,600) of insurance expense would be reported at the time of purchase.

Answers

Accrual accounting demands $100 in insurance expenses, whereas cash basis accounting requires $3,600 in insurance expenses.

What is the insurance expense?

Using the accrual basis of accounting, the corporation will recognize expenses when they are incurred, regardless of whether they are paid or not.

As a result, the company's insurance expense in the year is limited to the months of December 1 to December 31.

[tex]\text{ Insurance expense under accrual basis} =\frac{3,600}{36}=100[/tex]

Therefore, $3,600 divided by 36 months equals $100.

When using cash basis accounting, all expenses with actual cash outflows are reported.

As a result, the entire $3,600 insurance policy cost will be charged to insurance expenses in the year.

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The number of dependents that people are choosing to have is ?
O decreasing
O increasing

Answers

Current demographic trends show that the number of dependents that people choose to have is Decreasing.

What is the trend in dependants?

A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.

The top reasons for this include more education and increased economic hardship.

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Maria has a balance of $4,500 on her credit card with a 22% interest rate. How long will it take her balance to double?

Answers

The time required from simple interest on a principal of $4,500.00 at an interest rate of 22% per year is 4.55 years (about 4 years 7 months).

Simple Interest

Given Data

Principal =  $4,500Interest = 22%Final Amount = $4,500*2 = $9,000

Equation:

t = (1/r)(A/P - 1)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 22%/100 = 0.22 per year,

then, solving our equation

t = (1/0.22)((9000/4500) - 1) = 4.55

t = 4.55 years

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The Gregor family installed a pool in their backyard but refused to put in a fence. While the Gregors were on vacation, a 10-year-old boy jumped in their pool and was injured. The boy’s family will MOST likely sue the Gregors for what?

Answers

The family of the boy will most likely sue the Gregors for not putting a fence around the pool in their backyard due to which their child has been injured.

What is a fence?

A fence is a structure built outside an area to cover it so that no one can escape or enter that area. It is a kind of a railing or a barrier usually made up of wood, wire, or steel bars.

If the Gregor family has put the fence around the pool in their backyard, then a ten-year-old boy can't able to enter the pool area which ultimately results in no injury to the boy. But the Gregor family has denied putting the fence which makes the ten-year-old injured when he jumps into the pool area.

Therefore, the injured boy's family will sue the Gregor family for not putting a fence around the pool area.

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The possible answer choices are:
A. coverage
B. negligence
C. fraud
D. consideration

Now I'm going to bring up the definition of each word, I have found the law definition for negligence

Coverage: the extent to which something deals with or applies to something else.


(The law definition) Negligence: failure to use reasonable care, resulting in damage or injury to another.

Fraud: wrongful or criminal deception intended to result in financial or personal gain.

Consideration: careful thought, typically over a period of time.

Now the choice would be B: negligence because of the event that happened.

When managers use suppliers and manufacturers outside of the organization to provide goods or services the company previously supplied itself, it is called

Answers

The use of outside suppliers and manufacturers (vendors) to provide goods or services the company previously supplied is called outsourcing.

What is the main advantage of outsourcing?

The main reason or advantage that management outsources the production of goods and services previously produced internally to vendors is to reduce costs.

Outsourcing can also help an organization benefit from costly expertise that it cannot afford to acquire internally.

Outsourcing helps an organization to:

Focus on core tasksMaintain controlPromote growthManage risksEnjoy flexibilityDevelop internal staff.

Thus, the use of outside suppliers and manufacturers (vendors) to provide goods or services the company previously supplied is called outsourcing.

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if a country is maintaining a healthy amount of growth, which of the following accurately describes the behavior of real GDP over time?

A) real GDP fluctuates but follows an upward-sloping trend line

B) real GDP does not fluctuate if growth is occuring

C) Real GDP fluctuates but follows a downward sloping trend line

D) real GDP fluctuates but follows a horizontal trend line

Answers

Answer:c

Explanation:

GDP measures the value of all the final products and services in terms of money. Option C) explains the behavior of GDP.

What is GDP?

Gross domestic product (GDP) measures the value of all the final products and services in terms of money, produced by countries over a given time period usually a year.

The behavior of real GDP over time changes but follows a downward sloping trend line if a country is sustaining a healthy rate of growth.

Therefore option C) describe the behavior of GDP.

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The number of shares that a corporation's incorporation document allows it to sell is referred to as

Answers

The number of shares that a corporation's incorporation document allows it to sell is referred to as authorized shares.

What is a Corporation?

This refers to a business entity that has a group of members who acts together for a set goal.

Hence, we can see that when it comes to the selling of stocks by the corporation, there is a limit of shares to sell and this is known as authorized shares.

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________ have over 85% of the l,669 federally designated mental health professional shortage areas.

Answers

Answer:

rural places have over 85% of the l,669 federally designated mental health professional shortage areas.

Explanation:

Which is not a responsibility of a human resources manager? Choose the answer.

Question 3 options:

revising personnel policies and procedures


revising job descriptions


maintaining company employee contact information


developing the company's strategic plan

Answers

Answer:

maintaining company employee contact information

To remain relevant in today’s e-commerce landscape, many businesses use progressive ________ applications to undertake m-commerce.

Answers

To remain relevant in today’s e-commerce landscape, many businesses use progressive mobile applications to undertake m-commerce.

What is e-commerce?

It should be noted that e-commerce simply means the buying and selling of goods through the internet.

In this case, to remain relevant in today’s e-commerce landscape, many businesses use progressive mobile applications to undertake m-commerce.

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As the marketing director for Mountaintop Ski Resort, Kimberli has lots great ideas about advertising the resort to new groups of customers. What would you tell Kimberli about the customer perspective?

Answers

The advise that would be said to Kimberli on customer perspective would be that: she raises customer expectations in order to entice new customers to the resort.

What is customer expectation?

This term refers to what the customers would anticipate as they engage in interactions with a business or a company.

Customer interactions helps to know what the customers expects of a given product or a service.

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