Answer:
A
Explanation:
Given:
Net sales = $1,500,000
Receivables at January 1, 2019 = $8,000
Receivables at December 31, 2019 = $10,000
NOTE: That is the actual value of the receivables which will give the answer listed in the options according to the question.
Average receivable is given by
((70000 + 8000) + (60000 + 10000))/2
= $75,000
Hence, receivable turnover = net sales / average receivables
= 1,500,000 / 75,000
= 20.0 times
Answer:
<em>For the 2 year treasury securities it was 7%, and for a 3 year treasury securities it was 7.33%</em>
Explanation:
<em>From the example, </em>
<em>The real risk rate of interest is= 4%</em>
<em>The inflation expectation of this year=2%</em>
<em>Inflation expected for the next 2 years=4%</em>
<em>Maximum risk premium=0</em>
<em>Therefore</em>
Rt= r* + (Inflation/ year)
Rt2= 4 + (2 + 4 / 2) = 7%
<em>Rt3= 4 + (2 + 4 / 3) = 7.33% </em>
Answer:
<u>no</u>
<u>Explanation:</u>
Remember, we are told that even though an "I accept terms" box appeared, "without clicking on the box, Reasonover quit the page". That means Reasonover didn't expressedly accept the "Terms of Service."
Hence we could conclude that Reasonover was not bound to this clause found only on the website.
Answer:
The correct option is D,$402,000.
Explanation:
In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization were deducted in income statement,for cash flow purposes we need to add both to net income.
Net income $315,000
add depreciation $90,000
amortization $15,000
loss on sale of equipment $9,000
less gain on sale of building($27000)
Cash flow from operations $402,000
The cash flow from operating activities as adjusted is $402,000.
Answer:
the team is a "multi-functional team"
multi functional teams consist of different individuals from different functional areas of a business such as marketing, finance, accounting, etc.
these teams are useful for certain projects and matters that require expertise from several disciplines. usually, these teams are temporary and disperse after the objective is met.
Explanation: