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Annette [7]
2 years ago
5

You noticed that a fast food restaurant's operating cycle is 30 days. would this suggest the restaurant is selling food beyond i

ts expiration date?
Business
1 answer:
iris [78.8K]2 years ago
4 0

No, i will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.

<h3>What is an operating cycle?</h3>

This refers to the number of days required for a business to receive inventory, sell the inventory and collect cash from the sale of the inventory.

The operating cycle as a financial tools plays a major role in determining the efficiency of a business.

Hence, whenever we noticed that a fast food restaurant's operating cycle is 30 days, we will not suggest the restaurant is selling food beyond its expiration date because the operating cycle includes the average collection period which will be long if the restaurant only takes cash.

Read more about operating cycle

brainly.com/question/14020000

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What is the interest rate charged per period multiplied by the number of periods per year called?a. effective annual rateb. annu
ICE Princess25 [194]

Answer:

The correct answer is letter "B": annual percentage rate.

Explanation:

The Annual Percentage Rate or APR is the cost per year of borrowing. By law, all financial institutions must show customers the APR of a loan or credit card, which clearly indicates the real cost of the loan. It is not the same as the Interest Rate on a loan. Loans charge interest rates but usually charge other fees such as closing costs, origination fees, and insurance costs.

8 0
3 years ago
What is the purpose of capital controls?
Usimov [2.4K]

Answer:

2. To support fixed exchange rates and prevent speculative attacks on currencies 

Explanation:

Capital control is any restriction placed on the exchange of currencies across a countries borders. It is done to prevent volatility of exchange rate. it reduces speculative attacks on currency. It also controls the flow of currency in an economy.

Capital control can be in the form of a fixed exchange rate or placing an upper limit on the amount of currency that can be imported or exported.

5 0
4 years ago
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
topjm [15]

Answer:

Total job cost  $10,160

Explanation:

The computation of the total job cost is shown below:

Predetermined fixed overhead rate

= total fixed manufacturing overhead expense ÷ total direct labor hours

= $306,000 ÷ $85000

= $3.60 Per hour

Now  

<u>Particulars Cost </u>

direct materials $700

Direct labor cost $8500

Fixed manufacturing overhead cost (100 × 3.60) $360

Variable manufacturing overhead cost (100 × 6.00) $600

Total job cost  $10,160

7 0
3 years ago
You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'l
borishaifa [10]

Answer:

True

Explanation:

A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.

For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.

5 0
3 years ago
Matt and Sarah are selling their home and moving to a new neighborhood. Sarah is going to start college in the fall. She did NOT
marshall27 [118]

Answer:

Matt and Sarah can withdraw the following two types of funds: higher education and medical expenses . While they cannot withdraw any funds for their new home that they are moving into because that will cost them the 10% penalty.

Hope that answers the question, have a great day!

6 0
3 years ago
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