Answer:
Receivables turnover ratio = 5
Explanation:
Receivables turnover ratio = Net Credit Sales / Average accounts receivable
Receivables turnover ratio = $100,000/$20,000
Receivables turnover ratio = 5
Average accounts receivable = (Beginning Account Receivable + Ending Account Receivable) /2
Average accounts receivable = ($15,000+$25,00)/2
Average accounts receivable = $40,000/2
Average accounts receivable = $20,000
Owns can legally do so under the first amendment. Therefore, it's true.
<h3>What is first amendment?</h3>
It should be noted that first amendment states that the Congress makes no law representing and establishment of religion.
In this case, if Owen refused to testify on the premise that the information he would divulge would self-incriminate him, he can legally do so under the first amendment.
Learn more about first amendment on:
brainly.com/question/26448398
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Answer:
no I won't follow my boss
because I don't use Fake information
Answer:
9.92 %
Explanation:
Year 0 = ($500,000)
Year 1 = $200,000
Year 2 = $160,000
Year 3 = $120,000
Year 4 = $80,000
Year 5 = ($40,000 + $25,000) = $65,000
therefore,
the internal rate of return on the investment after 5 years is 9.92 %
Answer:
) $40,000 increase
Explanation:
A balance sheet shows the value and financing of a company's assets at the end of a period. It as prepared following the accounting equation of Assets = Equity + liabilities.
A decrease or increase in assets ( left side of the equation ) follows a similar increase or decrease in the right to balance the equation.
In this case, liabilities and equity have increased by $25,000 and $15,000
=$40,000
Liabilities and equity are both on the right side and have increased by $40,000; assets must have increased by $40,000.
An increase of $40,000
