Answer:
a misstatement of cash receipts will result in a misstatement of accounts receivable.
Explanation:
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Basically, financial statements are formally written records of the business and financial activities of a business entity or organization.
There are four (4) main types of financial statements and these are;
1. Balance sheet.
2. Cash flow statement.
3. Income statement.
4. Statement of changes in equity.
A current asset can be defined as all of the assets that are being owned by a company or business entity and are expected to be converted into their cash equivalent through sales or use within a period of one year of its date on the organization's balance sheet.
Some examples of current assets are account receivables, marketable securities, cash equivalent, etc.
In Financial accounting, there exist a significant level of interaction between cash receipt transactions and accounts receivable because a misstatement of cash receipts will result in a misstatement of accounts receivable, which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.
Answer:
A) the implied 1 year forward rates respectively 9,8 , 11,81 and 13,83 according to the formular
Explanation:
b) pure expactations true then
1.108²/1.098 - 1 =11.81% for a two year bond
1.118²/1.108 - 1 = 12.81% for a three year bond
The answere: The will be a shift upwards in next years curve.
c) Assume a par of 1000
in the next year a two year zero coupon bond will be a year zero and sell at 1000/1.1181 = 894.37 to get the return we take divide selling prices at year zero the trading price according to ytm is 1000/1.108² =814.55
therefore expected return 894.37/814.55= 9.79%
c2 the zero coupon bond at three year zero is trading at 1000/1.1282 = 886.446 and according to the ytm the coupon is trading at 1000/13.83^3= 715.607
therefore the expected return is
785.711/715.607=9.79%
The average salesperson at The Container Store made $48,000 per year in 2013, compared to the national retail sales average of $31,096. The Container Store employee who has a fixed salary notwithstanding their sales is earning a noncontingent reward.
As its name implies, the noncontingent reward (NCR)* technique entails giving incentives without waiting for the occurrence of any predetermined behavior. NCR can occasionally be utilized to enhance the appeal of a specific environment. Offering a high rate of rewards, in other words, encourages people to enter and remain in that environment.
The contingent reward system is a motivation-based method for rewarding people who achieve their set objectives. It serves as encouraging feedback for a job well done.
Learn more about noncontingent reward here
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It is to convert into or express in the form of currency.
-TV adverts
-pop-up ads
-video ads
-flyer ads
Answer:
the job unit product cost is $124
Explanation:
The computation of the job unit product cost is as follows:
= Total cost assigned ÷ number of audio controllers produced
= ($4,000 + $1,200 + $10 × 100) ÷ (50)
= ($4,000 + $1,200 + $1,000) ÷ (50)
= $6,200 ÷ 50
= $124
hence the job unit product cost is $124