The revenue earned by a business from its normal business operations. (p. 475) cost of merchandise sold 2. The amount of sales, less sales discounts and sales returns and allowances. (p. 475) 3. The original price of all merchandise sold during a fiscal period. (p. 476) 4. The revenue remaining after cost of merchandise sold has been deducted. (p. 476) 5. The expenses incurred by a business in its normal operations. (p. 478) 6. The operating revenue remaining after the cost of merchandise sold and operating expenses have been deducted. (p. 478) 7. A financial statement that shows changes in a corporation's ownership for a fiscal period. (p. 482) 8. A value assigned to a share of stock and printed on the stock certificate. (p. 483) 9. Liabilities due within a short time, usually within a year. (p. 489) 10. Liabilities owed for more than a year. (p. 489) 11. A report prepared to give details about an item on a principal financial statement. (p. 492)

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?