Answer:
-$16.78%
Explanation:
Given that
Proceeds from selling the shares = $4,301
Beginning price = $12.92
The computation of capital gains yield is shown below:-
End price per share
= $4,301 ÷ 400
= $10.7525 per share
Capital gains yield = (End price - Beginning price) ÷ Beginning price
= ($10.7525 - $12.92) ÷ $12.92
= -$2.1675 ÷ $12.92
= -$16.78%
Answer:
d. The cash budget must be prepared prior to the sales budget because managers want to know the expected cash collections on sales made to customers in prior periods before projecting sales for the current period.
Explanation:
- From the statements the cash budget must be prepared in advance to the sales budget is not corrects. As the sales budget is prepared first and it establishes a format for the budget that is critical for the company successes and it thus consists of the different elements that depend in how a business is organized.
Explanation:
Considering the given situation, I am being a shop keeper and you are being a customer.
Most likely to do:
- Customers are king. So I don't want to tell any customer "no". So I would support him by saying "Currently the stock has moved, we expect the order to be placed today and will assure to give him tomorrow".
- So the customer will get hope and would continue to bring business. Building rapport and keeping contacts with customer is the most important.
Least likely to do:
- Just say to the customer that the stock is not available.
<span>The correct answers are:- B. credit union- B. high-risk
Thus the sentence goes: George bought a new car at a car dealership that offered on-the-spot financing through a CREDIT UNION. George's credit score is poor, but he was still offered a HIGH-RISK loan.
These things are often associated with car dealerships to gain profit quick from customers who are quite impulsive. <span>
</span></span>
Answer:
True
Explanation:
Generally Acceptable Accounting Principles (GAAP) is only applicable in the United States of America whereas International Financial Reporting Standards (IFRS) has been adopted by most countries on the globe. This makes Report prepared on IFRS more comparable and make it easier to raise capital globally.
