Probably not, but if North Korea does attack, the USA is prepared with nuclear weapons in South Korea, but North Korea does not have proof of an intercontinental nuclear weapon
A free market economy is one in which economic decisions and price of goods and services are guided solely by the aggregate interactions of a country's individual citizen and businesses, with little intervention from the government. If the market price of apple increases in such an economy, it means that there is a shortage in the market for apples.
Answer:
Accounts receivable turn over is 16.64
Explanation:
To compute accounts receivable turn over ratio, we simply divide net credit sales over the average accounts receivable.
Accounts receivable turn over ratio = $1,240,000/$74,500
= 16.64
The higher the ratio, the better it is in the company. It simply means, the company exercises the effective way to collect its receivable from the customer.
*Net credit sales is derived by deducting sales returns and allowances from gross credit sales. If the problem is silent regarding cash sales, we will assume that the sales made by the period is all at credit.
Answer:
Increase
Explanation:
Note: <u>The given answer is based upon the assumption that the inventory is sold at fair market value</u>.
In the given case, Hunter company would be termed as an "associate" since the quantum of investment of Gunter in Hunter is more than 20% but less than 50%.
Profits earned by Hunter also belong to the Hunter company in proportion to the percentage of investment held, which would comprise of it's cost of control or added to it's own income as per the case.
In the given case, the difference between fair value and book value reflects profit. Gunter's share in such profits shall be added to it's investment revenue which would increase it's investment revenue.
<span>Frank Festa should take time and reflect on the history of management because as they say, learn from the past or you are doomed to repeat it. He can look back on situations that the bank faced and learn to recognize similar circumstances and warning flags so he can avoid repeating mistakes and prevent the bank from falling into another bankruptcy.</span>
