Answer:
Explanation:
In business accounting, the inventory conversion period / payables deferral period and average collection period use different inputs due to the fact that Inventory and accounts payable are carried at cost on the balance sheet, whereas accounts receivable are recorded at the price at which goods are sold. Therefore the accounts receivable (average collection period) are attached and dependent on the specific/changing price of the goods sold.
<u>1. Basic savings account </u>
-allows ATM withdrawals
-allows money transfer
A savings account is an interest bearing deposit account held at a bank or other monetary foundation that gives an unassuming loan fee. The budgetary organizations may constrain the quantity of withdrawals you can make from your investment account every month. They additionally may charge expenses except if you keep up a specific normal month to month balance in the record. In most cases banks don't give checks investment accounts.
<u>2. CD
</u>
-offers a higher interest rate
-has a maturity date
A certificate of deposit is a consent to store cash for a settled period with a bank that will pay you premium. You can contribute for three months, a half year, one year or five years. You will get a higher loan fee for the more drawn out time duty. You guarantee to leave all the cash, in addition to the enthusiasm, with the bank for the whole term.
Basically, you are loaning the bank your cash as an end-result of premium. The CD is a promissory note that the bank issues you.
Answer:
$1,300,000
Explanation:
Given:
Number of workstation = 60
Cost of each workstation = $100,000
Additional Cost = 20,000,000
Computation of total cost:
= Total work station cost + Additional cost
= ($100,000 x 60) + $20,000,000
= $6,000,000 + $20,000,000
= $26,000,000
Assume Depreciation rate = 5%
Deprecation = Total Cost x Depreciation rate
= $26,000,000 x 5%
= $1,300,000
Answer:
you can get money to further your education, also engage in stem activities.
Explanation:
Answer:
The correct answer is the option B: clear financial goals and expectations.
Explanation:
To begin with, before a new product is developed a company must follow a precise protocol in which the marketing mix plan is already established and therefore once that the company states the 4Ps of their marketing mix, it establishes the features of the product including characteristics of what it will be and do; the target audience including the costumers' preferences, needs and wants; the distribution channels and the promotion strategy.
To continue, <u><em>the protocol must establishes clear financial goals and expectations</em></u> in order to know how much is available to spend and how much of time will it take to create the product and to obtain the return of investment as well. Therefore, once that the marketing mix is established, the company needs to have in mind their expectations and expenditures.
