On September 1, 2020, a consignor consigned 10,000 units of inventory which costs P12 per unit and sells for P15 per unit. Freight charges of P15,000 were paid by the consignee. The consignee was able to sell 6,000 units from September 1 to November 30, 2020, and incurred. On December 1, 2020, the products were marked to sell for P13 per unit to accommodate the Christmas rush. During December, the consignee was able to sell 3,000 more units. The discounted price lasted until February 28, 2021. The consignee is entitled to a commission of 10% of the selling price of the products. For the period ending December 31, 2020, the consignor will report a net loss from this consignment arrangement amounting to:
A manufacturing firm has found itself in financial difficulty and may file for bankruptcy. Its statement of affairs reflects the following summarized information:
|Book value of assets||$700,000|
|Net realizable value of assets||370,000|
|Unsecured claims with priority||30,000|
If the corporation owes a creditor P=9,000 secured by inventory that is expected to realize $7,000, how much can the creditor expect to receive on this claim?
A well-known consignor consigned goods costing $1,560,000 to be sold at a total advertised selling price of $3,120,000. The consignee remitted $1,422,600 to its consignor after deducting the following charges: $52,500 cartage, $22,500 installation, and a commission equal to 20% of the sales proceeds after deducting the commission. Determine the net income of the consignor.
The following figures are taken from Ethaniel Company's financial statements for the calendar years 200B and 200A:
|Long-term debt (12% interest rate)||125,000|
|8% Preferred stocks, $100 par value||225,000||225,000|
|Total Stockholders' equity||600,000||550,000|
|Net Income (after tax of 30%)||70,000||550,000|
What is the return on average total assets?
The following information pertains to Cenon Company for 200B:
|Accounts receivable, January 1, 200B||8,000|
|Accounts receivable, December 31, 200B||9,600|
|Net Cash Sales||3,200|
|Accounts Receivable turnover for 200B||5 times|
The company's net sales for 200B was
The following information pertains to Batalla Company for 200B:
|Inventory at December 31, 200B||16,000|
|Purchases of merchandise, all on credit||72,000|
|Cost of goods sold||80,000|
The company's merchandise inventory turnover for 200B was
a. 4.0 months
b. 10.0 times
c. 4.0 times
d. 3.60 months
A 0.6-kg brick is thrown into a 25-kg wagon which is initially at rest. If, upon entering, the brick has a velocity of 10 m/s as shown, determine the final velocity of the wagon.
Knowing that at the instant shown the angular velocity of rod BE is 4 rad/s counterclockwise, determine (a) the angular velocity of rod AD, (b) the velocity of collar D, (c) the velocity of point A.
A +7.50 μC point charge is sitting at the origin.
What is the radial distance between the 500 V equipotential surface and the 1000 V surface?
What is the distance between the 1000 V surface and the 1500 V surface?
(a) Calculate the charge on each capacitor.
|Q1 = ___ C||Q2 =___ C|
|Q3 =___ C||Q4 =___ C|
|V1 = ___ V||V2 = ___V|
|V3 = ___V||V4 = ___V|
Find the energy U0 stored in the capacitor. Express your answer in terms of A, d, V, and ϵ0. Remember to enter ϵ0 as epsilon0.
The capacitor is now disconnected from the battery, and the plates of the capacitor are then slowly pulled apart until the separation reaches 3d. Find the new energy U1 of the capacitor after this process.
Express your answer in terms of A, d, V, and ϵ0.
The capacitor is now reconnected to the battery, and the plate separation is restored to d. A dielectric plate is slowly moved into the capacitor until the entire space between the plates is filled. Find the energy U2 of the dielectric-filled capacitor. The capacitor remains connected to the battery. The dielectric constant is K.
Express your answer in terms of A, d, V, K, and ϵ0.