Which type of text alignment will give your document the look of a published book?

Which types of investments are securities

aleksandr82 [10.1K]

Securities are investments that have value and are traded between other people. Securities can be bought or sold and are able to be used as a medium in exchange for something else. Securities are also known as stocks, bonds and mutual funds. The value of securities are determined by the type, amount and current economic rate.

3 0

3 years ago

An analysis and aging of the accounts receivable of Raja Company at December 31 reveal the following data:

rodikova [14]

Answer:

The cash (net) realizable value of the accounts receivable is accounts receivable less the ending balance in the Allowance for Doubtful Accounts.

800,000 - 65,000

This brings the total to $735,000.

5 0

3 years ago

AAA's inventory turnover ratio is 20.00 based on sales of $28,400,000. The firm's current ratio equals 4.16 with current liabili

marissa [1.9K]

Answer:

= 17.15 days (approx)

Explanation:

Given:

inventory turnover ratio = 20

Current ratio = 4.16

Current liabilities = $820,000.

Cash and Marketable securities = $657,096

Net sales = $28,400,000

Per day sale = ?

Calculation:

Current ratio = Current assets / current Liabilities

4.16 = Current assets / $820,000

4.16 x $820,000 = Current assets

$3,411,200 = Current assets

Inventory turnover ratio = Net sales / Average Inventory

20 = $28,400,000 / Inventory

$28,400,000 / 20 = Inventory

$1,420,000 = Inventory

Average Receivable = current assets - Cash and Marketable securities -Inventories

= $3,411,200 - $657,096 - $1,420,000

Average Receivable = $1,334,104

Outstanding daily sales = (Average receivables / Net sales )Number of days in a year

= $1,334,104 / $28,400,000)365

= 17.15 days (approx)

4 0

3 years ago

What people organization and technology problems were responsible for nasty gals failure as a business?

Paladinen [302]

Answer: Heavy expenditures on marketing and advertising

Explanation:

The fact that a business does marketing or advertising is not a guarantee that business will follow suit immediately, business owners have to understand that marketing and advertising is a long term trend when purchaser's become loyal shoppers. Nasty Gal's swift growth was propelled by heavy expenditures on advertising and marketing.

3 0

3 years ago

The current sections of Whispering Winds Corp.’s balance sheets at December 31, 2019 and 2020, are presented here. Whispering Wi

storchak [24]

Answer:

The amount of cash provided by operating activities is $155,000

Explanation:

The net cash provided by operating activities is shown below by the cash flow statement extract:

Net income $152,000

depreciation expense $24,900

increase in accounts receivable($109700-$77900)($31,800)

Decrease in inventory($171,900-$157,000) $14,900

increase in prepaid expenses($26,700-$25,100) ($1,600)

increase in accrued expenses($14,600-$8400) $6,200

decrease in accounts payable($95,100-$85,500) ($9,600)

net cash provided by operating activities $155,000

Note:

An increase in liability means depriving the other party some cash,hence it is positive and vice versa.

4 0

3 years ago