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faust18 [17]
2 years ago
8

On average, a firm collects checks totaling $250,000 per day. It takes the firm approximately 4 days from the day the checks wer

e mailed until they result in usable cash for the firm. Assume that (1) a lockbox system could be employed which would reduce the cash conversion procedure to 2 1/2 days and (2) the firm could invest any additional cash generated at 6% after taxes. The lockbox system would be a good buy if it costs $25,000 annually.
a. True
b. False
Business
1 answer:
Pachacha [2.7K]2 years ago
5 0
Hi! I don’t know what any of this means but I hope you have an amazing day and I hope god/allah/etc. blesses you :)
sorry I couldn’t answer
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To increase tax revenue, the U.S. government imposed a 2-cent tax on checks written on bank account deposits in 1932 (in today's
Virty [35]

Answer:

b. Under this check tax, the money supply would have increased, because the currency-deposit ratio increased, which in turn increases the money multiplier.

Explanation:

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2 years ago
Parkway Company incurred $126,000 in material costs during July. Additionally, the 12,000 units in the Work-in-Process Inventory
IRINA_888 [86]

Answer:

$ 13.167 / unit

Explanation:

Data provided:

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thus,

the total material cost involved = $ 126,000 + $ 32,000 = $ 158,000

Now,

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on substituting the values, we have

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2 years ago
When looking to finance higher education, what is the best order to look for funding scores
agasfer [191]
Grants/scholarships is the answer

I really hope this helps!
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2 years ago
Suppose that Allison has an accounting degree, but she lost her job two months ago when her company merged with another firm. Al
torisob [31]

Answer:

underemployed

Explanation:

From the question we are informed about Suppose that Allison has an accounting degree, but she lost her job two months ago when her company merged with another firm. Allison hasn't been able to find another accounting job, so she has taken a part-time job as a sales clerk at a clothing store. The Bureau of Labor Statistics classifies Allison as underemployed. Underemployment as regards Bureau of Labor Statistics can be regarded as one that measure employment and labor utilization in a particular economy which looks the way and how well the labor force is being utilized as regards

experience, skills,l as well as availability to work. People that falls under the classification of underemployed can include high skilled workers that are working in low paying or managing low skill jobs as well as part-time workers even though they who would prefer to work full-time. Unlike unemployment whereby the person is working though not at their full capability.

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2 years ago
Chipotle developed a mobile social game called Scarecrow that allowed players who achieved average to high marks in the game to
Tema [17]

Answer:

Advergame

Explanation:

An advergame is a game that is developed in conjuction with a corporate firm which contains advertisment of the products of the corporate firm as well as the firm itself.  

In an advergame, adverts related to the corporate firm that has teamed up with the gaming company are displayed at stages or intervals as agreed upon by the corporate firm and the gaming company.

In the case of Chipotle, it developed a social game to help customers get coupons that can be redeemed at Chipotle stores all over. The scarecrow game is an advergame.

Cheers.

7 0
2 years ago
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