Question Completion:
Requirement. Identity two types of short-term finance Akram could use when the farm income is low
Answer:
Akram's Farm
Akram's farm can make good use of the following short-term financing sources:
1. Akram's farm can use Accounts Payable to provide short-term trade finance when the farm buys farm inputs, equipment, and other supplies on credit. The farm's Accounts Payable can provide interest-free trade loans by allowing the farm to take longer time to settle the suppliers. But, the farm should not miss out on cash discounts - an important source of trade finance.
2. Akram's farm can generate finances by ensuring early collections of the Accounts Receivable. Akram's farm can also go ahead and borrow on the accounts receivable through short-term bank loans guaranteed on the accounts. The farm can also factor the accounts receivable by selling them to factoring and finance houses for less.
Explanation:
Akram's farm is still a small farm that is not yet formed as a company. The immediate concentration is growing the entity and starting the processes for changing its corporate status so that it can take advantage of the sources of finance available to companies.
Answer:
The correct answer is letter "B": The proceeds of the bond issue entirely as debt.
Explanation:
Under the U.S. General Accepted Accounting Principles (<em>GAAP</em>) the issuance costs of bonds are ignored for reporting purposes but the amount of sales revenues is recorded as debt. The amortization of the bond can be calculated using the <em>effective interest method</em> or the <em>straight-line method</em>.
Lori has already decided she wants to sell beauty products and market them to small beauty salons. She now needs to decide how she wants to price her product so that the beauty salons will buy it. Option B. decide how to price her product is the next step that Lori should take. After she decided the price, she will have the what, where and how much and then she can move on to how she will advertise her product to the small beauty stores.
Answer:
The correct answer is both A and C
Explanation:
Solution
Given that:
The Process 1 Registration, Capacity = 0.5 registration per minute (1/2)
The Process 2 Cashier, Capacity = 1*3 / 10 = 3/10 = 0.3 payments per minute
The Process 3 , Photo ID, Capacity = 1*4 / 20 = 0.2 ID per minute
Now
The Time taken for process a unit is minimum of Demand rate / Lowest process capacity
so, the flow rate = 0.2 student per minute or 5 minute per student
Thus,
The total time = 20 * 5 = 100 minutes.
Answer:
Net Pay is equal to $1,474.19.
Explanation:
Net is Gross Pay minus taxes deductions. Therefore, Net Pay can be calculated as follows:
<u>Particulars ($) ($) </u>
Gross Pay 1,837.00
<u>Taxes Deductions</u>
Federal (8.24% of Gross Pay) (151.37)
FICA Medicare (1.45% of Gross Pay) (26.64)
FICA Social Security (6.20% of Gross Pay) (113.89)
State - OK (3.86% of Gross Pay) <u> (70.91) </u>
Total <u> (362.81) </u>
Net Pay <u> 1,474.19 </u>
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Therefore, Net Pay is equal to $1,474.19.