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Free_Kalibri [48]
2 years ago
11

A firm with a cash conversion cycle of 175 days wants to stretch its average payment period from 30 days to 45 days. this will r

esult in a(n) ________ in the cash conversion cycle of ________ days
Business
1 answer:
Fofino [41]2 years ago
6 0

Reconstruction was a success in that it restored the United States as a unified nation: by 1877, all of the former Confederate states had drafted new Reconstruction also finally constitutions, acknowledged the Thirteenth, Fourteenth, and Fifteenth their loyalty to the U.S. government. settled the states’ rights vs. federalism debate that had Amendments, and pledged been an issue since the 1790s.

Reconstruction failed by most other measures: Radical Republican legislation ultimately failed to protect federalism former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Rutherford B. federalism debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism  with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and United States v.

Learn more about Reconstruction on:

brainly.com/question/24761999

#SPJ4

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Tamarisk, Inc. began operations on April 1 by issuing 51,000 shares of $4 par value common stock for cash at $20 per share. On A
Digiron [165]

Answer:

Tamarisk, Inc.

Journal Entries:

April 1:

Debit Cash Account $1,020,000

Credit Common Stock $204,000

Credit Paid-in Capital In Excess $816,000

To record the issue of 51,000 $4 par value common stock shares at $20 per share.

April 19:

Debit Organization Expense $26,300

Credit Common Stock $8,000

Credit Paid-in Capital In Excess - Common Stock $18,300

To record the issue of 2,000 shares in settlement of attorneys' organization costs.

April 19:

Debit Cash Account $5,400

Credit Preferred Stock $1,800

Credit Paid-in Capital In Excess -Preferred Stock $3,600

To record the issue of 900 shares of $2 par value preferred stock for $6 cash.

Explanation:

Tamarisk, Inc. uses the general journal entries to record business transactions as they occur on a daily basis.  Journal entries are the first set of records in the accounting books.  They identify the accounts to be debited and the accounts to be credited in the general ledger.

4 0
3 years ago
Nicholas initially invested $2,400 in a technology company. The company recently paid annual dividends of $22 and his year-end i
Vika [28.1K]

Answer:

- 15.75%

Explanation:

The computation of the rate of return on his investment is shown below:

= (Year end investment value - investment value + annual dividend) ÷ (Investment value)

= ($2,000 - $2,400 + $22) ÷ ($2,400)

= -$378 ÷ 2,400

= - 15.75%

Simply we divided the difference of investment and added the annual dividend and then divided it by the investment value

3 0
3 years ago
Spencer Co. has a $420 petty cash fund. At the end of the first month the accumulated receipts represent $65 for delivery expens
Artyom0805 [142]

Answer:

Credit to Cash for $314

Explanation:

The journal entry to record the reimbursement of the account is given below:

Delivery expenses A/c             Dr. $65

Merchandise inventory A/c      Dr. $215

Miscellaneous expenses A/c    Dr. $34

          To Cash A/c                                             $314

(Being the  reimbursement of the account is recorded)

Here the delivery expense, merchandise inventory and miscellaneous expense is debited as it increased the assets & expenses and credited the cash as it decreased the assets

5 0
3 years ago
True or false. The first word of your answer has to be either true or false.
Lynna [10]

Answer:

sorry I didn't understand your question and thx for points have a nice day :)

5 0
3 years ago
A $1000 bond with a coupon rate of 6.2% paid semi annually has eight years to maturity and a yield to maturity of 8.3%. If inter
mel-nik [20]

Answer:

Correct option is (C)

Explanation:

Given:

Face value of bond (FV) = $1,000

Coupon rate = 6.2% annual and 6.2 / 2 = 3.1% semi annual

Coupon payment (pmt) = 0.031 × 1,000 = $31

Maturity period (nper) = 8×2 = 16 periods

Rate = 8.3% annual or 8.3 / 2 = 4.15%

Present value of bond can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

Present value of bond when yield is 8.3% is $878.99

If ytm increases to 8.6% annual or 8.6 / 2 = 4.3% semi annual, then present value of bond will be $863.22 (using spreadsheet function again)

It can be seen that as ytm increased from 8.3% to 8.6%, price of bond fell by $15.77 approximately (878.99 - 863.22)

7 0
3 years ago
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