Johnson Company has current year accounts payable of $25,000 and cost of goods sold of $100,000. Compute Johnson Company’s days’ payable outstanding.

Answers

Answer 1

Answer:

the days payable outstanding is 91.25 days

Explanation:

The computation of the days payable outstanding is  shown below:

Days' payable outstanding is

= (Accounts Payable ÷  Cost of goods sold) × total number of days in a year

= ($25,000 ÷ $100,00) × 365 days

= 91.25 days

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Hence, the days payable outstanding is 91.25 days


Related Questions

Paunch Burger has a beta of 1.2 and just paid a dividend of $2.30 that is expected to grow at 3.2%. If the risk-free rate is 3% and the market risk premium is 6%, what should be the price of the stock

Answers

Answer:

P0 = $33.9085 rounded off to $33.91

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,  

D0 is the dividend paid  recently

D0 * (1+g) is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

First we need to calculate the required rate of return or r using the CAPM.

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * rpM

Where,  

rRF is the risk free rate

rpM is the market risk premium

r = 0.03 + 1.2 * 0.06

r = 0.102 or 10.2%

Now using the formula for P0 under the constant dividend growth model,

P0 = 2.3 * (1+0.032)  /  (0.102 - 0.032)

P0 = $33.9085 rounded off to $33.91

Which stage of an industry's growth cycle offers the greatest opportunity for an investor who is seeking capital gains?

a. initial development
b. mature growth
c. stability or decline
d. rapid expansion

Answers

Answer:

d. rapid expansion

Explanation:

The main objective of an investor is to invest his capital in an industry that generates profits. Therefore, analyzing the above question, it is correct to say that an organization that is expanding its business quickly, is achieving success in the market in which it operates, so this alternative is ideal for an investor seeking capital gains.

Initial development would be an alternative that does not have a real return for the investor, mature growth is also not the most profitable option, and the stability or decline option does not present a profitable and reliable alternative for an investor.

Which term best fits, research focused on assessing the effectiveness of a specific marketing tool or tactic?

Answers

Answer:

The term that best fits is:

research focused on assessing the effectiveness of a specific marketing tool.

Explanation:

When we discuss marketing tools, we imply the product development and promotional strategies and actions that a company deploys to develop and promote its products or services.  They are more strategic, while marketing tactics are more operational.  Marketing researches are strategic in nature.  Researches are not usually conducted for marketing tactics.

the nash corp is considering four investments. Which provides the highest after-tax return for Nash corp. if it is in the

Answers

Answer:

ejrjfjfn

Explanation:

sudjfjejrjfngnv vjvkvkvk

g Briefly explain why data visualization is important. Support with an example from the activity

Answers

Answer:

Visualization is important because every body learns slightly differently. Some people learn from doing the task hands-on, some people learn from watching someone else do the task, some people learn from reading about it, hearing about it etc etc. It is also important to show visuals to show your answer, and/or reasoning in greater detail; say that you are giving a presentation about stocks, you could just write about it, but if you show graphs, pictures, and other visuals, then you'll get your point across a lot faster, and look professional in the process

I don't know the activity so I can't give an example from "this activity" it hopefully you find some help fro this

Explanation:

May I have brainliest please? :)

The process of obtaining and placing information in a visual environment is known as data visualization. For human brain, data visualization detects patterns, trends and contours of data sets.

Data visualization can aid in the most efficient delivery of information.Data visualization is and important part of the business intelligence process because it takes raw data, transforms it, and makes it available for conclusions. Data scientists create machine learning algorithms in Advanced Analytics to better compile essential data into visualizers that are easier to comprehend and interpret. Visual data is used in data visualization to transmit information globally, swift and effectively.

To know more about data visualization, refer to the link:

https://brainly.com/question/14467658

The Elkmont Corporation needs to raise $52.5 million to finance its expansion into new markets. The company will sell new shares of equity via a general cash offering to raise the needed funds. If the offer price is $21 per share and the company's underwriters charge a spread of 7.5 percent, how many shares need to be sold?

Answers

Answer:

The amount of shares need to sold is

PLS HELP ASAP

Owners equity includes (______), which is the amount of profits that your business has been able to save over the past few years.

Answers

Retained earning
Explanation:
A company's profits are distributed to shareholders as dividends, retained in the business for reinvestment, or both. Therefore, retained earning are profits that were not distributed to shareholders. They are funds that belong to owners but withheld for use in the business.
Retained earnings form part of a company's capital. It is money that shareholders have contributed to the business by not sharing in profits.

The _____________ define(s) what the system does.
A. mission of the system
B. RA
C. operational characteristics
D. previous findings

2- What may occur if you do NOT include the scope of the RA when defining it?
A. Attacks
B. exploited threats
C. Losses
D. missed deadlines

3- __________ define(s) how the system operates in your environment.
A. The mission of the system
B. Operational characteristics
C. RAs
D. Previous findings

Answers

1.A.The mission of the System
2.C.Losses
3.B.Operational Characteristics

Avery Co. has $1.1 million of debt, $1 million of preferred stock, and $2.2 million of common equity. What would be its weight on debt

Answers

Answer:

0.26

Explanation:

Given that :

Value of debt = $1.1 million

Value of preferred stock = $1 million

Value of common equity = $2.2 million

Total value of company's funds :

(value of debt + value of Preffered stock + value of common equity)

(1.1 + 1 + 2.2) million

= $4.3 million

Hence, weight of debt :

Value of debt / total value of company's funds

$1.1 million / $4.3 million

= 0.2558

= 0.26

Which of the following government agencies is responsible for managing the
money supply in the United States?
A. The U.S. Mint
B. Congress
C. The Federal Reserve Bank
O D. The Department of the Treasury

Answers

Answer:

Explanation:

C The Federal reserve Bank

The government agency that is responsible for managing the money supply in the United States is the Federal Reserve Bank.

What do you mean by money supply?

Money supply refers to the total amount of money held by the public for a particular point.

The money supply in the U.S. is controlled by the U.S. Federal Reserve.  The federal reserve is the central banking system of the United States of America. It serves as the lender of last resort to the major banking institutions.

Therefore, C is the correct option.

Learn more about Money Supply here:

https://brainly.com/question/24249291

Question 2 of 10
Which action is a bank most likely to take when evaluating a loan application
from a person with a low credit score and a poor credit history?
A. Reducing the interest rate to encourage the person to borrow
more
B. Increasing the value of the loan to earn more interest over time
O C. Denying the loan because the person is unlikely to pay it back
O D. Requiring the person to take more than one loan at a time
SUBMIT
PREVIOUS

Answers

Answer:

C is the correct answer

Explanation:

Denying the loan because the person is unlikely to pay it back is a bank most likely to take when evaluating a loan application from a person with a low credit score and a poor credit history.

What is loan application?

Borrowers apply for loans via a loan application. Through the loan application, borrowers provide vital financial information to the lender.

The loan application is crucial in determining whether or not the lender will approve your funding or credit request.

Thus, option C is correct.

For more details about loan application, click here

https://brainly.com/question/16053104

#SPJ2

Gravel Company reported net income of $4,500,000 in 2021. The weighted average number of common shares outstanding during 2021 was 200,000 shares. Gravel paid $250,000 in dividends on preferred stock, which was convertible into 40,000 shares of common stock. How much is diluted earnings per share for 2021

Answers

Answer:

the diluted earning per share is $17.71

Explanation:

The computation of the diluted earning per share is shown below:

Diluted earning per share is

= (Net income - preference dividend) ÷ ( oustanding common stock shares + convertible shares)

= ($4,500,000 - $250,000) ÷ (200,000 + 40,000)

=  $4,250,000 ÷ 240,000 shares

= $17.71

hence, the diluted earning per share is $17.71

We simply applied the above formula so that the correct value could come

And, the same is to be considered

What are three major technology advancements that made it possible for Amazon to succeed in starting up the industry of online business?

Answers

Answer:

The internet. The introduction of Wi-FiThe introduction of websites

The International Monetary Fund​ (IMF): ___________.A. aids countries with balance of payment and exchange rate problems. B. in recent years has provided large loans to​ Russia, South​ Korea, and Brazil. C. was created as a result of the Bretton Woods Agreement. D. is all of the above.

Answers

Answer:

D. is all of the above.

Explanation:

The International Monetary Fund is a an international organisation that works to promote monetary cooperation between member countries, reduce poverty, and encourage economic growth around the world

It's member nations are 190 in number.

The IMF mainly aids countries with balance of payment and exchange rate problems.

Also IMF has helped Russia, South​ Korea, and Brazil by giving them loans in recent years.

The IMF was created as a result of Bretton Woods agreement.

After World war 2 in 1944 the central banks of allied nations agreed to fix the exchange rate of their currencies and the dollar. Members also agreed to not go into trade wars

A personal characteristic that fosters organizational politics is a) the desire to help. b) need for power. c) drive to be a vision-holder. d) requirement for participation. e) tendency to need to socialize

Answers

Answer: b) need for power.

Explanation:

Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.

To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.

A company reported the following information for its most recent year of operation: purchases, $114,000; beginning inventory, $27,000; and cost of goods sold, $124,000. How much was the company's ending inventory?

Answers

Answer:

ending finished inventory= $17,000

Explanation:

Giving the following information:

purchases, $114,000

beginning inventory, $27,000

cost of goods sold $124,000.

To calculate the ending inventory, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

124,000 = 27,000 + 114,000 - ending finished inventory

ending finished inventory= 141,000 - 124,000

ending finished inventory= $17,000

Your storage firm has been offered 100,000 in one year to store some goods for one year. Assume your costs are $95,000, payable immediately, are the cost of capital is 8%. Should you take the contract?

Answers

Answer:

We should not take the contract

Explanation:

Net present value = Initial investment + Present value of cash inflows

Net present value = -95000 + 100000/1.08

Net present value = -2407.41

Thus, the contract should not be taken because the NPV is negative

Below is a table for the present value of $1 at Compound interest.

Year 6% 10% 12%
1 0.943 0.909 0.893
2 0.890 0.826 0.797
3 0.840 0.751 0.712
4 0.792 0.683 0.636
5 0.747 0.621 0.567

Below is a table for the present value of an annuity of $1 at compound interest.

Year 6% 10% 12%
1 0.943 0.909 0.893
2 1.833 1.736 1.690
3 2.673 2.487 2.402
4 3.465 3.170 3.037
5 4.212 3.791 3.605

Using the tables provided, if an investment is made now for $23,700 that will generate a cash inflow of $7,900 a year for the next 4 years, the net present value (rounded to the nearest dollar) of the investment, assuming an earnings rate of 10%, is:________

Answers

Answer: $‭1,343‬

Explanation:

Net Present Value = Present value of Cash inflows - Present value of Cash outflows

Cash inflows are constant and so are an annuity.

Present value of Cash inflows = Annuity * Present value interest factor of annuity, 4 years, 10%

= 7,900 * 3.170

= $‭25,043‬

Net Present Value = ‭25,043‬ - 23,700

= $‭1,343‬

A seller (or provider) of goods or services to a business organization is known as a:
A Vendor.
B Payee.
C Vendee.
D Creditor.
E Debtor.

Answers

Answer:

A. Vendor.

Explanation:

This individual or company would be known as a vendor. These individual/company offer others a specific good or service for their own personal or commercial use. These individuals/companies make money by manufacturing the product and selling them to others and making a profit in the process. Usually they also sell these products in bulk which still nets them good profit and provides a cheaper price to the buyer.

The efficient frontier of risky assets is
A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.
B. the portion of the investment opportunity set that represents the highest standard deviations.
C. the portion of the investment opportunity set that includes the portfolios with the lowest standard deviation.
D. the set of portfolios that have zero standard deviation

Answers

Answer:

A. the portion of the investment opportunity set that lies above the global minimum variance portfolio.

Explanation:

The Efficient frontier refers to the portfolios set that involves that expected return whose return is high at the level of minimum risk so the asset that contains the high risk profile that investment opportunity set portion should be above the variance portfolio i.e. minimum globally

Therefore the correct option is a.

Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected.
Year 0123
Cash flow -$1000 $425 $425 $425
a. 13.87%
b. 13.21%
c. 15.29%
d. 12.55%
e. 14.56%

Answers

Answer:

the project's IRR is b. 13.21%

Explanation:

The Internal Rate of Return (IRR) of a Project is interest rate that causes the the Present Values of the Project Cashflows to equal the price of the Initial Investment.

This can be calculated using a financial calculator as follows ;

-$1000         CFj

$425           CFj

$425           CFj

$425           CFj

Then Shift IRR/YR we get 13.2054 % that is 13.21%.

Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B. False

Answers

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

Before protecting a worksheet to avoid people from editing the formulas, you must ________.

unlock the input cells
lock the input cells
unlock the formula cells
lock the formula cells

Answers

Answer:

Lock the Formulas Cells

Explanation:

Now, go to lock the selected cells with formulas. To do this, press Ctrl - 1 to open the Format Cells dialog again, switch to the Protection tab, and check the Locked checkbox. The locked option prevents the user from overwriting, deleting or changing the content of the cells.

Wood Company had the following inventory items on hand at the end of the year. Computing the lower of cost or net realizable value on an item-by-item basis, determine what amount would be reported on the balance sheet for inventory.

Quantity Cost per item Net realizable value per item Lower of cost or market Reported on the balance sheet
Item A 80 $87 $102
Item B 40 62 57
Total

Answers

Answer:

$9,240

Explanation:

Calculation for the amount that would be reported on the balance sheet for inventory

Using this formula

Quantity* Lower of cost or market= Amount to

be Reported on balance sheet

Let plug in the formula

Item A 80 *$87 =$6,960

Item B 40* 57=$2,280

Total $9,240

($6,960+$2,280)

Therefore the amount that would be reported on the balance sheet for inventory will be $9,240

Whenever significant expansionary policies are implemented and left in place for at least half a year or more, the likely result is:_____.

Answers

Answer:

It starts effecting price level - inflationary pressure in economy.

Explanation:

Expansionary policies are aimed at increasing Aggregate Demand, by Fiscal or monetary approach.

Fiscal expansion policy include increasing government public expenditure, reducing government tax revenue. Monetary Expansion policy aim include credit expansion - from decreased LRR, decreased bank rate, decreased marginal requirement etc

Significant expansion policy left for more than half an year, start exerting inflationary pressure on the economy price level.

Answer:

high inflation or reduced government spending

Explanation:

Assume that the risk-free rate is 2.5% and the expected return on the market is 12%. What is the required rate of return on a stock with a beta of 1.1?

Answers

Answer:

12.95%

Explanation:

Given:

Risk-free rate (rRF) = 2.5%

Expected return on the market (rm) = 12%

Stock beta (bs) = 1.1

(rRF) + (rm - rRF)(bs)

0.025 + (0.12 - 0.025) (1.1)

0.025 + 0.095 (1.1)

0.025 + 0.1045

0.1295

12.95%

An example of a start of a start up cost

Answers

Answer:

what

Explanation:

please write the question properly I can't understand it

wait what ? maybe your saying for a product? I don’t get the question

Novak Corporation amended its pension plan on January 1, 2020, and granted $152,280 of prior service costs to its employees. The employees are expected to provide 1,880 service years in the future, with 330 service years in 2020. Compute prior service cost amortization for 2020. Prior service cost amortization for 2020

Answers

Answer:

26762.74

Explanation:

Prior service cost amortization for 2020 can be calculated by first calculating the average time until the employee's retirement. After calculating the average time until retirement we will divide the service cost at that time

Workings

average time until retirment  = 1880/330

average time until retirment = 5.69 years

prior service cost amortization for 2020 = $152,280/5.69

prior service cost amortization for 2020 = $26762.74

how do you make a placement in marketing

Answers

About placement:

The process of making a product or service accessible for use or consumption by a consumer or business user, using direct means, or using indirect means with intermediaries.

Main Question:

How do you make a placement in marketing?

Answer:

Use your social media channels to reach out to industry influencers. Create awareness and interest for your products by sharing with those who may be able to do some product placement on their own channels. Prepare Press Kits.

▬▬▬▬▬▬▬▬▬▬▬▬

Lockard Company purchased machinery on January 1, 2020, for $80,000. The machinery is estimated to have a salvage value of $8,000 after a useful life of 8 years. A) Compute 2020 depreciation expense using the straight-line method. B) Compute 2020 depreciation expense using the straight-line method assuming the machinery was purchased on September 1, 2020.

Answers

Answer:

a) $9,000

b) $3,000

Explanation:

The calculation of the depreciation expense for each of the following cases  

a)

As we know that  

= (Purchase cost of machinery - estimated salvage value) ÷ (useful life)

= ($80,000 - $8,000) ÷ (8 years)

= ($72,000) ÷ (8 years)  

= $9,000

b)  Since the asset purchased as on Sep 1, 2020 so the depreciation expenses would be charged for four months i.e. From September to December.

Also at the same time we assume the books are closed as on Dec 31,2020

Therefore, the depreciation expense is

= $9,000 × 4 months ÷ 12 months

= $3,000

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Calculate total grams of carbohydrate per day based on a &4 (3 points) How many grams of fat per day should you consume?a. Calculate 20-35% of your estimated calories. This is the raday. "Note: use the total calories calculated in question 1*b. How many calories per gram are offered from fat?c. Calculate total grams of fat per day based on a & b.5. (3 points) Estimate fluid needs based on:a Energy needs (1 ml per 1 calorie)b. Body weight (25 ml per 1 kg body weight)c. Age, gender (see DRI for fluid/water)6. 3 points) What food consumption change(s) could you make7. [3 points! What areas of carbohydrate consumption did yourspecific dietary recommendations would you What difference do you see between ribose and deoxyribose sugars? What is RNA ?What is replication? Identify the 3 types of energy transfer shown in the diagram. 18. 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What was one of Pericless achievements?1the creation of Athenian democracy2the building of the Parthenon3the protection of Athens from an invasion4the defeat of the Spartan army in battle can someone help fast please will be marked as brainiest What is a position in government in which a general election would be held? A-Speaker of the House B-President of the United States C-Chief Justice D-Supreme Court Justice Which of these led to the formation of the United Nations?A) a peace conference held after the surrender of Japan B)an international conference held near the end of world war 2C)a meeting of victorious nations after the defeat of Germany D)a summit meeting between. The United States and the Soviet Union If you decide to take a break and go for a hike in order to focus less consciously on the creative process, which stage is the creative process are you experiencing? A 1kg cannon ball.is fired horizontally with an initial velocity of 5m/s. 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