Answer:
11.09
Explanation:
First, we need to determine the average accounts payable and its given as;
Average accounts payable = (Beginning accounts payable + Closing accounts payable) / 2
= ($27,000 + $48,000) / 2
= $35,000
Purchases = $388,000
Accounts payable turnover is computed as;
= Purchases ÷ Average accounts payable
= $388,000 ÷ $35,000
= 11.09
Therefore, the company's account payable turnover would be closest to 11.09
Answer:
d. $1,000
Explanation:
Implicit cost is the cost which has been incurred, and cannot be avoided. It is best described as an opportunity cost that has been foregone, here the funds have been borrowed specially for coffee shop. Interest expense of $8,000 is the cost for such borrowing, also the amount withdrawn from savings account have been used for coffee shop but the interest income foregone is the opportunity cost = $50,000.00
2% = $1,000 is implicit cost.
Therefore, correct option is d. $1,000
Hello there.
Financial institutions that lend the funds that savers provide to borrowers, financial intermediaries.
Answer:
D is the answer ( The demand for a resources is derived from the demand for what it can produce.)
Explanation:
The correct answer for this question is this one:<span>
6. Student Council would be a good activity to learn more about Business, Management, and Administration. (1 point) ☐ True ☐ <u>False</u>
9. Government and Public Administration workers help pass and enforce the law. However, they are only found at the national level. (1 point) ☐ <u>True</u> ☐ False
11. If you are a worker in the Hospitality and Tourism cluster you could major in Museology/Museum Studies. (1 point) ☐ True ☐ <u>False</u>
13. Industries in Information Technology include telecommunications and professional, scientific, and technical services. (1 point) ☐ <u>True</u> ☐ False
15. Electrical and Power Transmission Installers do not fall in the Manufacturing cluster. (1 point) ☐ <u>True</u> ☐ False
17. There are only 2 pathways found for Science, Technology, Engineering, and Mathematics. (1 point) ☐ True ☐ <u>False</u>
</span>
Hope this helps answer your question and have a nice day ahead.