Answer:
Contribute to individual 401(k) = $61,000
Explanation:
Given:
Revenue = $538,000
Expenses = $107,600
Find:
Contribute to individual 401(k)
Computation:
Contribute to individual 401(k) = $55,000
Kathy is younger then 50 years so, She have t pay $6,000 more:
So,
Contribute to individual 401(k) = $55,000 + $6,000
Contribute to individual 401(k) = $61,000
Explanation:
A pitchbook is confidential document. It is basically a sales document, used by the sales force, which contains main features or attributes of the firm, the potential of the firm and the future aspects of the firm in detail.
So keeping the given question in mind, I would write to my supervisor as follows:
Subject: Assistance Required
Body:
Dear Sir,
By reviewing the whole document finally, which is to be presented to the client tomorrow, I found some mistakes in the results. I came to know that the results are incorrect and are surely needed to be corrected before the presentation.
I recommend you to delay the meeting for 3 hours by the scheduled time, as i need to check and correct the whole figures again and this would take time.
I am looking forwards for your advice.
Best Regards
Answer:
Part 1.
3.1 times
Part 2.
a. total assets
Part 3
d. the company's ability to generate sufficient cash to repay debt when due.
Explanation:
<u>For Part 1</u>
Inventory turnover measures the activity of liquidity of a company`s inventory. The higher the ratio in comparison, the more efficient the inventory is managed.
<em>Inventory turnover = Cost of Sales ÷ Inventory</em>
therefore,
Inventory turnover = $982,500 ÷ $ 312,500 = 3.1 times
<u>For Part 2</u>
In a common-size Balance Sheet, each item is expressed as a percentage of total assets whereas in a common size Income Statement, Sales revenue is expressed as 100 % and every other item is expressed as a percentage of sales revenue.
<u>For Part 3</u>
Solvency or Liquidity is the ability of short term assets to cover short term liabilities. Also put, it is the company's ability to generate sufficient cash to repay debt when due.
<u>Full question:</u>
On June 15, Harper purchased equipment for $100,000 from Imperial Corp. for use in its manufacturing process. Harper paid for the equipment with funds borrowed from Eastern Bank. Harper gave Eastern a security agreement and financing statement covering Harper’s existing and after-acquired equipment. On June 21, Harper was petitioned involuntarily into bankruptcy under Chapter 7 of the Federal Bankruptcy Code. A bankruptcy trustee was appointed. On June 23, Eastern filed the financing statement. Which of the parties will have a superior security interest in the equipment?
A. The trustee in bankruptcy, because the filing of the financing statement after the commencement of the bankruptcy case would be deemed a preferential transfer.
B. The trustee in bankruptcy, because the trustee became a lien creditor before Eastern perfected its security interest.
C. Eastern, because it had a perfected purchase money security interest without having to file a financing statement.
D. Eastern, because it perfected its security interest within the permissible time limits.
<u>Answer:</u>
Eastern parties will have a superior security interest in the equipment because it perfected its security interest within the permissible time limits.
<u>Explanation:</u>
Eastern has a higher security interest because Eastern amended its security interest inside the allowable time deadlines. A perfected security interest in any security interest in an asset that cannot be demanded by any other party.
Below the Uniform Commercial Code (U.C.C.), to perfect a security interest, a lender has 10 days from the date of the sale of material to perfect the security interest by filing a financing statement. Possessing registered in the 10-day limit, Eastern has a strong perfected security interest in the material and after-acquired things even though the bankruptcy was recorded two days ahead.
The correct answer to your question is going to be option D. In the question it states that Ana is looking for "highly respected" on the topic of women's health. When you looks at the options,, you need to look for which one of your choices is about data that a lot of people trust. Data that people trust typically comes from those without a lot of knowledge on the topic,, or expertise.
Let me know if you have any further questions
:)
