Entries by Grace Wahito

At September September ​24, 2016 2016​,

At SeptemberSeptember ​24, 20162016​, how much in total did customers owe Cortland Cortland​? How much did Cortland Cortland expect to collect and not to collect on September September ​24, 2016 2016​? What was the net realizable value of Cortland Cortland​, ​Inc.’s receivables on September September ​24, 2016 2016​? Cortland, Inc. Balance Sheet (Excerpt, Adapted) (In […]

 

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Refer to the Cortland Cortland​, ​Inc., balance sheet below.

Refer to the CortlandCortland​, ​Inc., balance sheet below. LOADING… ​(Click the icon to view the balance​ sheet.) At September September ​24, 2016 2016​, how much in total did customers owe Cortland Cortland​? How much did Cortland Cortland expect to collect and not to collect on September September ​24, 2016 2016​? What was the net realizable value […]

 

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The Trektronics store begins each month with 740 phasers in stock.

The Trektronics store begins each month with 740 phasers in stock. The stock depleted each month and reordered. If the carrying cost per phaser is $26 per year and fixed cost is $340. what is the total carrying cost? What is the restocking cost? should the company increase or decrease its size? Describe an optimal […]

 

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1. As a financial manager, would you be more interested

1. As a financial manager, would you be more interested in the book value or market value of an asset? Why? 2.  Income statement for Draiman, Inc.: Sales                                                    795,000 Cost of Goods Sold                             345,000 Depreciation                                          76,000 Earning Before Interest and Taxes       374,000 (EBIT) Interest Paid                                           41,000 Taxable Income                                   333,000 Taxes (35%)                                        116,550 Net Income                             […]

 

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