Proposal #1 would extend trade credit to some customers that previously have been denied credit because they were considered poor risks. sales are projected to increase by $160,000 per year if credit is extended to these new customers. of the new accounts receivable generated, 10% are projected to be uncollectible. additional collection costs are projected to be 2% of incremental sales (whether they actually end up collected or not), and production and selling costs are projected to be 78% of sales. your firm expects to pay a total of 40% of its income after expenses in taxes. 1) compute the incremental income after taxes that would result from these projections: 2) compute the incremental return on sales if these new credit customers are accepted: if the receivable turnover ratio is expected to be 4 to 1 and no other asset buildup is needed to serve the new customers… 3) compute the additional investment in accounts receivable 4) compute the incremental return on new investment 5) if your company requires a 20% rate of return on investment for all proposals, do the numbers suggest that trade credit should be extended to these new customers? explain.

The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e.g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process.b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table.c. describe how you would use the relational database to determine the beach dude’s accounts receivable.

Why should you not sign the tenant landlord agreement quickly and immediately

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.