The terms and the definitions are matched appropriately
Explanation:
1. Operating cycle - C. The time it takes to purchase goods or services from suppliers, sell goods or services to customers, and collect cash from customers.
2. Accrual basis accounting- B. Record expenses when incurred in earning revenue.
3. Retained Earnings = Beginning Retained Earnings + Net Income - Dividends Declared - J. The income statement equation.
4. Unearned revenue - F. An asset account used to record cash paid before expenses have been incurred.
5. Revenues - Expenses = Net Income - L. The retained earnings equation.
6. Expenses - I. Record revenues when received and expenses when paid.
7. Prepaid Expenses - A. Report the long life of a company in shorter periods.
8. Gains - E. Increases in assets or decreases in liabilities from peripheral transactions.
9. None of these are correct
$561000
Given: $60,000 in January, $80,000 in February, and $90,000 in March. 60 percent of sales are made with credit, while 40 percent are made in cash. For credit sales, 75% of the money is collected in the month of the sale and 25% in the next month.
Cash receipts March:
Sales in cash March= (90,000*0.4)= 36000
Sales on account March= (90,000*0.6)*7.5= 405000
Sales on Account February= (80,000*0.6)*2.5= 120000
Total budgeted cash= $561000
The total budgeted cash receipts for March are $561000
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Answer:
A) result in an inefficient use of resources
Explanation:
Formerly, the company was producing 500 scarves and 225 sweaters with the available resources. However, they shifted to producing 100 scarves and 350 sweaters with no mention of change in raw materials.This means that the production capacity when down even with the availability of initial raw material.
Answer:
a) Zero coupon bond does not pay periodical interest and formula to compute the value of a zero-coupon bond:
Value = Face Value / (1 +Yield / 2) ** Years to Maturity * 2
b) Interest deduction
After 1 year bond value from the above equation is 437.08
437.08 - 411.99 = 25.09
In the 14th year bond value from the above equation is 942.60
1000 - 942.60 = 57.40
c) Straight Line Method
Total Interest Paid = 1000 - 411.99
= 588.01
For yearly calculation
588.01 / 15 = 39.21
Further computation is done in the image below.
Answer:
B. organization architecture
Explanation:
Organization architecture refers to one of the most comprehensive terms in organizational sciences. It includes a thorough organizational structure with defined roles and processes, taking into consideration the human capital. Also, it describes the existing control mechanisms that ensure that processes are well maintained, as well as the incentives that drive motivation and set organizational goals.
