During year 1, ramona department store had total sales of $1,500,000, of which 80% were on credit. the beginning balance in accounts receivable (on january 1 of year 1) was $82,500. the beginning balance in the allowance for bad debts (on january 1 of year 1) was $10,000. the amount of accounts written off as uncollectible during the year was $13,500. the following aging of accounts receivable is for ramona company at the end of year 1. aging of accounts receivable december 31 of year 1 total less than 30 days 31 days to 60 days 61 days to 90 days over 90 days $246,000 $183,000 $36,000 $12,000 $15,000 ramona company has developed the following bad debt information from its own past experience. age of account percent ultimately uncollectible less than 30 days 2 31 to 60 days 12 61 to 90 days 35 over 90 days 90. how much cash was collected from credit customers during the year?

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i.e. if your answer is $432.51, then type 432.51 without $ sign)

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51

Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *