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sweet [91]
1 year ago
12

The ________ is the length of time from the point when raw materials are purchased on account to the point when payment is made

to the supplier of the goods.
Business
1 answer:
Artist 52 [7]1 year ago
8 0

The average payment period is the length of time from the point when raw materials are purchased on account to the point when payment is made to the supplier of the goods.

the question is incomplete .please read below to find the missing content

The ________ is the length of time from the point when raw materials are purchased on account to the point when payment is made to the supplier of the goods.

Select one:

a. cash conversion cycle

b. average collection period

c. average payment period

d. the average age of inventory

The average payment term is a metric used to represent the average number of days it takes a company to pay its suppliers the amount owed. Average Collection Time is a metric used to indicate the average number of days it takes a business to collect and cash accounts receivable.

Average Time To Pay (APP) is a metric that allows companies to see how long it takes on average to pay their suppliers. Businesses that track average payment terms have several advantages. However, the greatest benefit comes from the average payment period, which is the solvency ratio.

Learn more about average payment  here

brainly.com/question/24178209

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Mumz [18]

Answer:

attainable

Explanation:

  • specific
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5 0
3 years ago
Beranek Corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ en
Andrej [43]

Answer:

Beranek Corp. should borrow $288,000 to achieve the target debt ratio.

Explanation:

40% of debt-to-asset ratio means that 40% of the assets should be Financed with debt and the remaining with equity. We have $720,000 worth of assets, simply multiply it with 40% and you will get the amount the needs to be borrowed.

If you have any queries about double entries of all this scenario, do leave a comment, I'll be pleased to help you.

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4 0
3 years ago
On July 1, 2019, Pharoah Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $16,000 salva
Fantom [35]

Answer:

journal entry to record depreciation on December 31, 2019 is

Debit Depreciation $8,000

Credit Accumulated Depreciation $8,000

journal entry to record depreciation on December 31, 2022.

Debit Depreciation $5,000

Credit Accumulated Depreciation $5,000

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

Mathematically,  

Depreciation = (Cost - Salvage value)/Estimated useful life

Annual depreciation = (80000 - 16000)/8

= $8,000

Between July 1, 2019 and January 1 , 2022 is 2.5 years

Carrying amount of asset = $80,000 - 2.5($8,000)

= $60,000

If the company estimated the remaining useful life to be 10 years beyond December 31, 2022 and the salvage value is estimated to be $5,000, then

Depreciation = ($60,000 - $5,000)/11

= $5,000

8 0
3 years ago
Read 2 more answers
One of the reasons why the AD curve slopes downward is that as theA. Price level rises, purchasing power rises.B. Price level fa
8090 [49]

Answer: Option (B) is correct.

Explanation:

If the price of a commodity decreases, as a result purchasing power of a consumer increases. This is one of the reasons why the AD curve slopes downward.

Suppose there is a fall in the price of a commodity, this will increase the demand for that commodity as well as the purchasing power of the consumer.

Because with a lower price of the commodity, individuals can buy more quantity of goods with the same level of income.

4 0
3 years ago
What is the population of burj khalifa
sweet-ann [11.9K]
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3 years ago
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