Its not receveable for sure already to the test and got it wrong
Answer:
c. a necessary risk of doing business on a credit basis.
Explanation:
Bad debt is an amount that is owed to a creditor , which will not be paid back . Bad debt expense could be as a result of company who took a loan and is not able to pay back due to bankruptcy.
Before bad debt expense occur in a business, management often make provisions for such debt. Provision for bad debt expense is an amount set aside to cushion the effect of debts that are likely not to be paid back.
It therefore means that bad debt expense is a necessary risk of doing on a credit basis.
Answer:
Santoyo Corporation
Tracking Time to Fill Orders:
The delivery cycle time was 25 hours.
Explanation:
The delivery cycle time sums the time occasioned by the supply delay and the reordering delay before the goods reach the customer. As an order is received by Santoyo Corporation there is usually a wait time of half a day or 12.5 hours. The processing of the order consumes 1.6 hours. Before delivery is made, the inspectors spend 0.8 hours or 48 minutes doing what they know best. Then, freight takes 4.2 hours for the delivery van to reach the customer's warehouse. At that point, another 5.9 hours are spent queueing for the receipt of the goods by the customer.
Answer:
Operating cash receipts minus operating cash payments equals net cash provided (used by) operating activities.
Explanation:
A statement of cash flows is also known as cash flow statement and it is a financial statement which is used to illustrate how changes in income and various account of the balance sheet affect cash and cash equivalents.
The statement of cash flows is also used by financial experts or accountants to breakdown the cash-flow analysis into;
1. Cash-flow from financing activities: it represents the cash flow from debt or equity. Typically, it's the costs used in a financing a business.
2. Cash-flow from investing activities: it represents the cash flow from investment such as proceeds from the sale of plant, equipments, etc.
3. Cash-flow from operating activities: it represents cash-flow and transactions from operational business activities such as employee salary, sales of goods, etc.
In Financial accounting, the direct method of reporting operating cash flows uses actual cash inflows and outflows from the operating activities of a company by generating data from the income statement (cash receipts and cash disbursements/payments).
Hence, when the operating activities section of the statement of cash flows is reported using the direct method; operating cash receipts minus operating cash payments (disbursements) equals net cash provided, that is typically used by operating activities.
Portfolio strategy is vital for every investor to achieve his or her financial goals and it's also known as allocation model.
Portfolio strategy simply means the roadmap that's used by investors to achieve financial goals. It simply means the optimal portfolios and their implication.
Portfolio strategy is created in order to present the asset allocation strategies for clients. This is vital in order for an organization to achieve its goals.
Read more about portfolio strategies on:
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