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emmasim [6.3K]
4 years ago
13

Which type of account typically has low liquidity?

Business
1 answer:
Dafna1 [17]4 years ago
7 0

quick withdraw from the bank


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a construction manager just starting in private practice needs a van to carry crew and equipment. she can lease a used van for $
Vanyuwa [196]

The most she should pay for uniform annual maintenance to make it worthwhile to buy the van instead of leasing it, if her Marr is 20% is $1,379.5.

Annual lease rent= $3,596

Cost of used van= $5,721

Salvage value= $1,052

Net cost to manager= 5721-1052= $4,669

PVFA, (20%) =2.1065

Equivalent annual cost of the equipment= 4669/2.1065= $2,216.5

Therefore, the most the manager should pay for Maintenace to make it worthwhile to buy the machine instead of leasing it is = 3596-2216.5= $1,379.5

Construction managers, frequently referred to as well-known contractors or undertaking managers, coordinate and supervise a number of projects, which includes constructing public, residential, commercial, and business systems in addition to roads and bridges.

Construction management calls for a variety of duty and tough work: You may be in fee of a creation undertaking from starting to end. In order to get the process done, there are vital features that a creation supervisor have to possess. According to the BLS, those include Analytical skills.

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6 0
1 year ago
A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. assuming 6
Olegator [25]
The solution for this problem is get first the total sales, credit sales and receivables turnover.
187,000 / 0.086 = $2,174,418 this is your total sales 

2,174,418 x 60% = $1,304,651 is your credit sales 

1,304,651 / 126,370 = 10.32 times is the Receivables turnover 

365 / 10.32 = 35.37 days is the day's sales in receivables
7 0
4 years ago
Becky had net credit sales in 2020 of $2,000,000. At December 31, 2020, before adjusting entries, the balances in selected accou
denpristay [2]

Answer:

Following Becky's estimation, the bad debt expense must be equal than the 8% of the total credit, less the value already booked in the balance sheet accounts (doubtful accounts).

Explanation:

In this case, 2,000,000*8%=160,000. Then this 160,000 must be subtracted to 2,200 (160,000-2,200=157,800). Finally, the bad debt expense to be reported is $157,800

3 0
4 years ago
Havermill co. establishes a $470 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated recei
sammy [17]

Answer:

The journal entry to record the establishment of the fund on september 1 is:

  1 September                Petty Cash        $ 470 Dr.

                                                  Cash                  $ 470 Cr.

   31st September               Office supplies, $95 Dr.

                                          Merchandise inventory, $ 181 Dr.

                                        Miscellaneous expenses $ 44 Dr.

                                                        Cash                                            $320 Cr.

To reimburse Petty Cash

The journal entry to reimburse and to increase the fund are same .

October 1                   Petty Cash       $ 94

                                            Cash                      $ 94

To increase the Petty Cash by $ 94

3 0
3 years ago
Select the examples that best represent Architecture and Construction customers. Check all that apply.
Sloan [31]

Answer:

Explanation:

1 5 6

7 0
3 years ago
Read 2 more answers
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