Grunewald Industries sells on terms of 2/10, net 40. Gross sales last year were $4,562,500 and accounts receivable averaged $437,500. Half of Grunewald’s customers paid on the 10th day and took discounts. What are the nominal and effective costs of trade credit to Grunewald’s nondiscount customers?

Grunewald Co.’s common stock currently sells for $60.00 per share, the company expects to earn $3.00 per share during the current year, its expected payout ratio is 40%, and its expected constant growth rate is 7.00%. New stock can be sold to the public at the current price, but a flotation cost of 9% would be incurred.

Question: Cost of Trade Credit Grunewald Industries sells on terms of 2/10, net 40. Gross sales last year were $4,964,000 and accounts receivable averaged $400,000. Half of Grunewald's customers paid on the 10th day and took discounts. What are the nominal and effective costs of trade credit to Grunewald's nondiscount customers?

Question: 9-22 Absorption versus variable costing. Grunewald Company manufacturers a professional grade vacuum cleaner and began operations in 2011. For 2011, Grunewald budgeted to produce and sell 20,000 units. The company had no price, spending, or efficiency variances, and writes off production-volume variance to cost of goods sold.

Grunewald Industries sells on terms of 2/10, net 30. Gross sales last year were $4,854,500 and accounts receivable averaged $365,750. Half of Grunewald's customers paid on the 10th day and took discounts. What are the nominal and effective costs of trade credit to Grunewald's nondiscount customers?

Grunewald Company fabrica una aspiradora de grado profesional y comenzó a operar en 2011. Para 2011, Grunewald presupuestó producir y vender 20 000 unidades. La empresa no tuvo variaciones en el precio, el gasto o la eficiencia, y cancela la variación del volumen de producción en el costo de los bienes vendidos.

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Grunewald Company manufacturers a professional grade vacuum cleaner and began operations in 2011. For 2011, Grunewald budgeted to produce and sell 18,000 units. The company had no price, spending, or efficiency variances, and writes off production-volume variance to cost of goods sold. Actual data for 2011 are given as follows: Units produced ...

1. (14 pts) The Grunewald Company has developed the following data regarding the rates of return on a potential stock and the market: State of the Economy of Each Rates of Return If State occurs State Occuring .20 Stock A (20%) Market (30%) .20 10 Deep Recession Mild Recession Average Mild boom Strong boom .20 .20 a) Calculate the standard deviations for the stock A …

Two textile companies, McNulty-Grunewald Manufacturing and Jackson-Kenny Mills, began operations with identical balance sheets. A year later both required additional manufacturing capacity at a cost of $150,000. McNulty-Grunewald obtained a 5-year, $150,000 loan at a 7% interest rate from its bank.