Home / Questions / the new credit manager of Kays Dpartment store plans toliberalize the firms credit policy.
the new credit manager of Kays Dpartment store plans toliberalize the firms credit policy.The firm currently generatescredit sales of $575,000 annually. te more lenient the creditpolicy is expected to produce credit sales of $750,000. The baddebt losses on additional sales are projected to be 5% despit anyadditional $15,000 collection expenditure.The new manageranticipates production and selling costs other than additional baddebt and collection expenses will remain at the 85% level. The firmis in the 34%tax bracket.if the firm maintains its recievablesturnover 10 times,how much will the recievables balanceincrease,what would be Kays incremental after tax return oninvestment? Assuming additional inventory of $35,000 is required tosupport the additional sales, compute the after tax return oninvestment. Please show work so I will understand better..
Dec 02 2019 Read more Less More
What is the purpose of adjusting entries? Discuss the effect of not preparing adjusting entries on various accounts.101) What are the differences between amortization ex...
Dec 06 2019Acomposite consists of 65% polyester resin is reinforced by continuous and aligned glass fibers. The modulus elasticity of hardened resin is 4 0 GPa and the modulus elast...
May 16 2020Need a written 2 page paper for the manufactured product (Victory Motorcycles) that I wish to manage in the future as a professional logistics manager. Please define, cri...
Nov 10 2017A cross that results in a yellow and a purple allele together will result in what color corn kernel (phenotype)? >
May 21 2020One of the most widely used applications of spectroscopy is for the quantitative determination of the concentration of biological molecules in solution. The absorbance of...
Jul 23 2020Calculate the present value of a bond investment) Donte Corp. purchased 10, $1,000, 5% bonds of General Electric Corporation when the market rate of interest was 4%. Inte...
May 06 2020The bar is slipping relative to the ground as it falls. The coefficient of kinetic friction is µ. Use Lagrange’s equations to derive the equations of motion for the bar.
Jun 16 2020Assume the cholesterol levels of adult American women are Normally distributed with a mean of 188 mg/dL and a standard deviation of 24 mg/dL. What percentage of adult wo...
Apr 22 2020How do cultural differences impact the following influence tactics: (a) silent authority and (b) upward appeal?Click here for more on this paper…….Click here to have a si...
May 14 2020On November 1, 2017, the account balances of Schilling Equipment Repair were as follows.
May 14 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.
