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Mice21 [21]
2 years ago
9

If Katerina were delivering an expository speech about strip mining, she would be presenting _______________________. a. an info

rmative process speech b. an exposition of a theory, principle, or law c. an exposition of political, economic, social, religious, or ethical issues d. an exposition of historical events and forces
Business
1 answer:
Mrac [35]2 years ago
3 0

Answer:

a. an informative process speech

Explanation:

An expository speech is one that explains the processes involved in doing an activity. It is meant to inform the audience on processes involved in executing a task.

In this scenario strip mining is the process of removing the top layer of soil in order to gain access to a mineral. This process is opposed to digging of deep holes to access minerals. The method is commonly used in coal reserves.

An expository speech by Katerina on strip mining will be an informative process speech on this process of mining minerals

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Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9
deff fn [24]

Answer:

The workings are done below;

Explanation:

                                                                   20Y8                               20Y9

a.Accounts Receivable Turnover         *11.8                                      **13.4

(Net Sales/Average Receivables)

*(6,726,000/((600,000+540,000)/2)  

**(7,906,000/((580,000+600,000)/2)    

b. Days' sales in receivables                  ***30.9                             ****27

(Average Receivables/Net Sales)*365  

***(((600,000+540,000)/2)/6,726,000)*365  

****(((580,000+600,000)/2)/7,906,000)*365      

c. The 20Y9 accounts receivable turnover ratio and days' sales in receivables are better as compared to 20Y8 because it takes 27days in 20Y9 as compared to 30 days in 20Y8.Both ratios of 20Y9 are lower than 20Y8

3 0
2 years ago
Turner Corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product
inessss [21]

Answer:

The amount of gross profit Turner Corporation should recognize is $20,000.

Explanation:

The following are given in the question:

Lump-sum cost = $100,000

Units of LF acquired = 3,000

Units of 1B acquired = 7,000

LF price per unit = $30

1B price per unit = $10

Unit of LF sold = 1,000

Therefore, we have:

Share of LF in the Lump-sum cost = (Units of LF acquired / (Units of LF acquired + Units of 1B acquired)) * Lump-sum cost = (3,000 / (3,000 + 7,000)) * $100,000 = $30,000

LF cost per unit = Share of LF in the Lump-sum cost / Units of LF acquired = $30,000 / 3,000 = $10

LF total revenue = Unit of LF sold * LF price per unit = 1,000 * $30 = $30,000

LF cost of goods sold = Unit of LF sold * LF cost per unit = 1,000 * $10 = $10,000

LF gross profit = LF total revenue - LF cost of goods sold = $30,000 - $10,000 = $20,000

Therefore, the amount of gross profit Turner Corporation should recognize is $20,000.

3 0
2 years ago
ABC Inc. just paid a dividend of $1.00 this year. The stock price is $15.43 currently. The market risk premium is 15% and the ri
mariarad [96]

Answer:

Price lowers and becomes negative or -5.37 dollars

Explanation:

Market risk premium's formula could be written as dividends/price + dividend's growth rate. Therefore, we dividend growth rate according to the current price and dividend level equal to market risk premium - dividends/price or 0.15 - 1/15.43 = 0.086 or 8.6%. If the dividend growth rate rises by 25% than new one is 33.6%. Price is equal to dividends/market risk premium - dividend growth rate or in this case 1/0.15-0.336 or 1/-0.186 or -5.37 dollars. If the price is negative that would mean that any future selling of the stock would mean that ABC would have to pay in order to sell it.

4 0
2 years ago
Choose all that apply.
denpristay [2]

reasons:

safe

high interest rates

no fees

5 0
2 years ago
Main Street Antiques is planning on paying an annual dividend of $2.20 per share next year. The company is slowly downsizing and
goldenfox [79]

Answer:

The current value of this stock should be $20.

Explanation:

The current value of this stock should be calculated by applying the formula to find present value of growth perpetuity. The formula is shown as below:

Stock price = D1 / ( Rate of required return - Growth rate of annual dividend)

in which: D1 = next year dividend = 2.20;

               Rate of required return = 8%;

               Growth rate of annual dividend = -3%.

So, Stock price = 2.2 / [8% - (-3%) ] = $20.

So, the answer is: the current value of this stock should be $20.

5 0
2 years ago
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