Jello!!!l!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answer: Banks Balance Sheet
Explanation:
Banks Balance Sheet
$billion
<u>ASSETS:</u>
- Cash (Paper Money & Coins) 250
- Federal Reserve Bank 170
- Deposit with other private banks 930
- Loan to Households 2,700
TOTAL ASSETS <u> 4,050</u>
<u>LIABILITIES:</u>
- Customers Deposits 2,600
- Loans 1,750
- Debts 650
TOTAL LIABILITIES <u>5,000</u>
<u>CAPITAL:</u>
-Physical capital 1,800
Answer:
35 days
Explanation:
Receivables turnover rate = 23.5
Payables turnover rate = 12.5
Inventory turnover rate = 19.15
Length of firm's operating cycle :
(Days sales in inventory + average collection period)
Days' sales in inventory = (365 days / inventory turnover ratio)
Days' sales in inventory = (365 / 19.15)
Days's sales in inventory = 18.717 days
Average collection period : (365 / accounts receivable turnover ratio)
Average collection period = (365 / 23.5)
Average collection period = 15.531
(18.717 + 15.531)
= 34.248
= 35 days
What’s a EQR? And what grade are you in cuz like idk what that is ;w ; sorry
The question that is in appropriate is that are intact cash receipts deposited daily in the bank?
Explanation:
In a company before performing the audit the document that is provided to the employers of the company before the audit is the internal control questionnaire
Intact cash receipts can be deposited daily in the bank and there will be major need for a company to deposit the money in the bank and hence this question is inappropriate
