Six is your answer because if it cost $2.00 and you have 4 it makes sense
Answer:
The difference is 22.34 days which results in late payments
Explanation:
For computing the DSO we have to compute the accounts receivable turnover ratio which is shown below:
Accounts receivable turnover ratio = Credit sales ÷ average accounts receivable
= $325,000 ÷ $60,000
= 5.42 times
and the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 365 days ÷ 5.42 times
= 67.34 days
Actual credit period is given is 45 days
But the resulted days are 67.34 days
So, the difference is 22.34 days which results in late payments
Answer:
Even if Anna's grandparents provided the remaining $14,000 of support for Anna ($34,000 minus $12,000 minus $8,000) they would not be able to claim her as a dependent.
Explanation:
If the grandparents provided $14,000 their contribution to Anna's school fees is not up to half so they cannot claim Anna as an exemption. Anna had $12,000 personal money and $8,000 scholarship, it is crowned that she provided $20,000 by herself.
However since she is under the age of 21 and in college, her parents can claim her.
Answer:
$936.17
Explanation:
The current market price of the bond = present value of all coupon received + present value of face value on maturity date
The discount rate in all calculation is YTM (6.12%), and its semiannual rate is 3.06%
Coupon to received semiannual = 5.3%/2*$1000= $26.5
We can either calculate PV manually or use formula PV in excel to calculate present value:
<u>Manually:</u>
PV of all coupon received semiannual = 26.5/(1+3.06)^1 + 26.5/(1+3.06)^2....+ 26.5/(1+3.06)^24 = $445.9
PV of of face value on maturity date = 1000/(1+6.12%)^12 = $490.27
<u>In excel:</u>
PV of all coupon received semiannual = PV(3.06%,24,-$26.5) = $445.9
PV of of face value on maturity date = PV(6.12%,12,-$1000) = 1000/(1+6.12%)^12 = $490.27
The current market price of the bond = $445.9 + $490.27 = $936.17
Please excel calculation attached
Answer: collectivism
Complete Question:
Cedric, a brand manager, transferred from the united States to japan He discovered that although people in the United States highly valued individualism, people in Japan expect individuals to conform to group expectations. Cedric concluded that Japan places more of an emphasis on:
Explanation: Collectivism values the group over individuals belonging to the group. In cultures where collectivism is the norm, individuals tend to want to conform to the group expectations. Also, it is common for individuals in collectivist societies to define themselves as belonging to a group than as individuals so groups are a way of identifying themselves.
While individualism values individuals's right and uniqueness, collectivism does not but sees value in maintaining the cohesion in a group, which in turn promotes conformity.
