When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers.Businesses face Higher cost because the must alter existing infrastructure to<span> meet regulations. As a result, consumers pay more for the same produced goods.
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Answer:
$3,063,750
Explanation:
A 180 day $3,000,000 CD
Annual rate = 4.25%
Collection in 180 days = ?
$3,000,000 * 4.25% * 180/360
= $3,000,000 * 0.02125
= $63,750
Total amount to collect after 180 days = $3,000,000 + $63,750
Total amount to collect after 180 days = $3,063,750
Among the choices the situations is the best use of endnotes in a business report is letter C which is <span> There are many references and readers are unlikely to check details of sources.
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Answer:
(i) 9.1
(ii) 10.2
Explanation:
Accounts receivable turnover for 20Y2:
Average accounts receivable:
= (Beginning account receivable + Ending accounts receivable) ÷ 2
= (300,000 + 340,000) ÷ 2
= $320,000
Accounts receivable turnover ratio;
= Net annual credit sales ÷ Average accounts receivable
= $2,912,000 ÷ $320,000
= 9.1
Accounts receivable turnover for 20Y1:
Average accounts receivable:
= (Beginning account receivable + Ending accounts receivable) ÷ 2
= (280,000 + 300,000) ÷ 2
= $290,000
Accounts receivable turnover ratio;
= Net annual credit sales ÷ Average accounts receivable
= $2,958,000 ÷ $290,000
= 10.2
