Answer: Distributing the weekly paychecks.
Explanation: In response to the question, a good motive for holding cash is that an employer may want to use the cash to pay his workers their weekly paychecks. A paycheck is the payment given to an employee by the employer after each working duration (could be monthly or weekly)
Answer:
16 weeks
Explanation:
Given:
Amount saved each week in the first 5 weeks = $25
Amount saved each week in the next 7 weeks = $25 + $20 = $45
Amount saved each week afterwards = $25
Total amount to be saved = $540
Now,
The total amount saved in the first 5 weeks = $25 × 5 = $125
The total saved in the next 7 weeks = $45 × 7 = $315
Thus,
The total amount saved till now = $125 + $215 = $440
Now,
The remaining amount to be saved = $540 - $440 = $100
The time required to save the $100 =
= 4
Hence,.
the total weeks required = 5 + 7 + 4 = 16 weeks
Answer:
Explanation:
Question 27
If Wheat Company had used the FIFO inventory method, income before income taxes would have been $75,000 higher in the current year. As inventory is an asset to the company. Therefore the $75,000 in inventory would have increased the company's asset and increasing the income before taxes.
Question 28
Other things held constant, which of the following will NOT affect the current ratio, assuming an initial Not yet current ratio greater than 1.0?
C. Accounts receivable are collected in cash.
Current ratio measures a company's ability to pay short-term obligations as at when due. It indicates that a company can manage its debts and other payable when their current assets is well managed.
It is calculated as Current Asset/ Current Liability. A ratio of 1 and above is the best meaning that a company an manage its debts obligations well.
The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.
The information related to the pledged asset is as follows:
- A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan.
- The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds.
- Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.
Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.
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C. Portobello, is a good example of a mushroom with a meat like texture.