Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 20 johnson electronic condengedendung de credit to

20 Johnson Electronic condengedendung de credit to some customers previously considered poor sales would by...

70.2K

Verified Solution

Question

Accounting

image
20 Johnson Electronic condengedendung de credit to some customers previously considered poor sales would by $220.000 fcretis extended to these new customers of the new accounts recevable generated. 10 percent will prove to be uncollectible Additional collection costs will be 5 percent of sales and production and sing costs will be 70 percent of Compute the incremental income before taves Incremental income before tres . What will the firm's incremental return on sales be it these new credit customers are accepted? (round the final awwer to 2 decimal place) Incremental return on sales c. If the receivable turnover ratio is 4 to 1 and no other asset buildup is needed to serve the new customers, what wil Johnson Electronics Incremental return on new average wivestment be? (Do round Intermediate calculations. Round the final answer to the nearest whole percentage) Incremental return on new average investment

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

sales sqft adv_cost inventory distance district_size storecount 231 1.47 7.62 897 10.9 79.48 40 232 1.53 9.57 892 9.4 51.154 12 156 1.68 8.37 542 7.9 60.358 41 157 1.355 6.73 552 6.8 55.561 68 10 1.33 1.66 242 3.5 89.624 14 10 1.33 1.17 235 3.6 86.898 62 519 1.89 12.96 3670 18.5 108.857 56 520 1.885 12.02 3657 19.1 100.685 75 437 1.7 12.29 3345 17.4 90.138 59 487 1.86 12.5 3322 16.5 111.284 22 299 1.4 9.86 1784 11.5 75.606 26 195 1.63 7.22 1230 9.8 64.245 27 20 1.24 5.23 483 2.4 55.929 11 68 1.51 3.93 114 4.5 73.187 33 428 1.78 11.04 2829 16.4 101.192 51 429 1.725 9.43 3410 15.7 80.694 16 464 1.72 12.19 2873 15.8 105.254 84 15 1.2 1.17 289 3.2 80.937 31 65 1.47 6.56 292 3.9 80.187 97 66 1.51 5.55 312 3.8 85.897 66 98 1.24 5.79 235 6.4 90.219 75 338 1.65 3.34 1160 12.1 121.988 84 249 1.513 2.23 1184 9.7 115.277 12 161 1.4 6.95 399 7.9 50.188 14 467 1.46 13.17 2062 16.1 101.211 89 398 1.84 11.68 2103 15.9 95.406 49 497 1.68 12.11 2743 18 80.195 14 528 1.94 10.98 3779 18 110.025 58 529 1.765 11.11 3916 18.9 103.26 52 99 1.31 4.35 782 4.8 111.732 52 100 1.525 3.79 804 4.7 99.7 41 1 1.45 4.68 1116 3.4 85.882 50 347 1.65 10.08 2223 13.4 94.181 49 348 1.811 7.87 2180 12.1 95.242 50 341 1.64 10.34 1494 14.3 70.693 28 557 1.66 13.55 3522 18.5 94.329 43 508 1.698 11.53 3521 16.7 99.917 50 In the “HomeSales” dataset, the response variable, sales, depends on six potential predictor variables, sq_ft, adv_cost, inventory,...

Basic Math
Q

How many pairs of setae are there in each segment of the worm？Does each segment have...

Biology
Q

Compare and contrast the nativist and empiricist theories of language learning. Provide a concluding statement as to...

Psychology
Q

In Economics we differentiate between peoples’ “wants and needs” and their “resources”. Explain what these terms...

Economics
Q

Question 29 3 points Listen A student has collected data from a simple circuit built...

Physics
Q

A circular plate of uniform thickness has a diameter 56 cm A circular portion of...

Physics
Q

Vitamin D whether ingested as a dietary supplement or produced naturally when sunlight falls upon...

Basic Math
Q

13 A2 11 10 9 f r 8 D 43 42 4 The curve above...

Basic Math
Q

Determine the slope of the lin 3 2 and 8 6

Calculus
Q

From the creditor's perspective, what is the purpose of loan covenants? A. To assist government...

Accounting
Q

Walters Audio Visual, Inc., offers a stock option plan to its regional managers. On January...

Accounting
Q

Describe the accounting for changes in accounting principles

Accounting