That statement is true.
Linger period of unpaid receivable indicates either the person who held it couldn't afford to pay back or that person already fled away.
Therefore, the company will most likely will receive lesser amount of that receivable chunk under this situation.
Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
Answer:
Annual maintenance on its equipment = Expensed
Remodelling of offices = Capitalised and depreciated.
Rearrangement of the shipping and receiving area = Capitalised and depreciated.
Addition of a security system = Capitalised and depreciated.
Explanation:
Annual maintenance on its equipment = $5,400 ( This is a normal maintenance bill and can be entirely expensed in the year it occurs.)
Remodelling of offices = $22,000 ( This is a part of the transformation process and should be capitalised and depreciated accordingly.)
Rearrangement of the shipping and receiving area = $35,000 (Since this is a reorganisation that would increase efficiency, it should be capitalised and depreciated.)
Addition of a security system = $25,000 ( Since this is an addition of asset, it should be capitalised and depreciated.)
Answer:
I will take management courses at a local business college so that I will be promoted to bank manager in less than five years.
Explanation:
Answer:
Explanation:
To answer this question, we first need to calculate the marginal utility per dollar for doughnuts. Recall that the marginal utility per dollar for a good is the marginal utility divided by the price of the good (=MU/P). For the first doughnut we have 10 (=10/$1), the second doughnut 9(=9/$1), third 9, fourth 8, fifth 7, sixth 6, seventh 5, eighth 4, ninth 3, tenth 2 and eleventh 1. The marginal utility per dollar for every cup of coffee is 5.5 (=5.5/$1). To determine how big the budget would have to be before Omar would spend a dollar buying his first cup of coffee, we compare the marginal utility per dollar values. Omar will purchase the first doughnut before he buys a cup of coffee because the marginal utility per dollar for the doughnut is greater than the marginal utility per dollar for the cup of coffee (10>1.5). The same is true for the second through the eighth doughnut. This implies Omar will buy 8 doughnuts at the price of $1 before he buys his first cup of coffee. Therefore his budget will need to $9 before he buys his first cup of coffee, $8 on the doughnuts and $1 for the cup of coffee.
Answer: $8