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3 years ago

6

William uses his bank credit card frequently; however, he always pays off the total balance on the card each month. what feature

s should william especially look for in a credit card?

1 answer:

Fiesta28 [93]3 years ago

4 0

William should look for a credit card with no annual fees and long grace period

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Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection perio

mart [117]

Answer:

8.6 days

Explanation:

The formula for average collection period

= Average received turnover ratio / 365 daya

= 90 × 35 / 365

= 8.6 days

5 0

3 years ago

The static budget, at the beginning of the month, for Beacon Banner Company follows:

olasank [31]

Answer:

D. $3885 U

Explanation:

7 0

2 years ago

Which one of the following should earn the most risk premium based on CAPM?

Nina [5.8K]

Answer:

The portfolio with a beta of 1.38 should earn the most risk premium based on CAPM.

The correct answer is B

Explanation:

A diversified portfolio with returns similar to the overall market will not earn the most risk premium because its beta is equal to 1.

A stock with a beta of 1.38 produces the most risk premium because any stock with the highest beta gives the highest risk-premium. This is the correct answer.

A stock with a beta of 0.74 does not provide the highest risk premium.

Us treasury bill does not provide any risk premium since it is the risk-free rate.

A portfolio with a beta of 1.01 does not produce the highest risk premium.

5 0

3 years ago

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of tra

Helga [31]

Answer:

a. not change; improve

Explanation:

Balance of trade is the difference in value over a period of time between a country’s imports and exports of goods and services, usually expressed in the unit of currency of a particular country (e.g., dollars for the United States, yen for the Japan).

Balance of payments record the receipts and payments of the residents of the country in their transactions with residents of other countries.

A Japanese insurance company purchases U.S. government securities. From the perspective of the United States, the balance of trade with Japan will not change and the balance of payments with Japan will improve.

7 0

2 years ago

Barrington Mills Manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-process includes lapped cotton

8_murik_8 [283]

Answer:

weeks of supply 2,7122857

Explanation:

17,500,000 / 50 weeks = 350,000 COGS per week

<u>current finished inventory: </u>

250 x $ 65 = 16,250

190 x $ 80 = 15,200

310 x $ 105 =<u> 32,550</u>

Total 64,000

<u><em>cost added:</em></u>

70,000 materials x $ 2.75

125,000 materials x $ 5.00

<em>total 817500</em>

<u><em>WIP:</em></u>

2,000 rolls x $ 10.50

5,000 spools x $ 6.75

500 rolls x $ 26.10

total $ 67,800

Total inventory: <em>817,500</em> + 67,800 + 64,000 = 949300

<em><u>week of supply:</u></em>

inventory of 949300

and 350,000 goods are consumer per week

week: 2,7122857

3 0

3 years ago