At 1

Does a local businesses will profit from providing monthly or weekly invoices to their consumers?

k0ka [10]

Answer:

an increasing number of small businesses realize the power of ... Recurring invoices contribute to a steady stream of monthly income. ... of monthly income from you (and of course their millions of other customers). ... To sustain optimal uptime of the system, they would need to provide monthly support.

Hope this answer helps you :)

Have a great day

Mark brainliest

5 0

3 years ago

The Coca-Cola Company and PepsiCo, Inc. provide refreshments to every corner of the world. Suppose selected data from recent con

Shalnov [3]

Answer:

Please find the detailed answer in the explanation section.

Explanation:

1. Current ratio = total current assets ÷ total current liabilities

For Coca-cola: $17,551 ÷ 13,721

= 1.28

For Pepsi : $12,571 ÷ $8,756

= 1.44

2.Accounts receivable turnover times times = Net sales ÷ average (net) accounts receivable

For Coca-cola: $30,990 ÷ $3,424

= 9.1

For Pepsi : $43,232 ÷ $4,654

= 9.3

3. Average collection period days days = (Accounts Receivable ÷ Net sales ) x 365 days

For coca-cola: ($3,424 ÷ 30,990) x 365 days

=40.3 days

For pepsi: ($4,654 ÷ $43,232) x 365 days

= 39.3 days

4. Inventory turnover times = Sales ÷ Inventory

For Coca-cola: $30,990 ÷ $2,271

=13.6

For Pepsi: $43,232 ÷ $2,570

=16.8

5.Days in inventory days = (Average Inventory ÷ Cost of sales) x 365 days

For Coca-cola: ($2,271 ÷ $11,088 ) x365 days

=74.8 days

For Pepsi: ($2,570 ÷ $20,099 ) x365 days

=46.7days

4 0

3 years ago

On January 1, 2017, the City of Graf pays $68,000 for a work of art to display in the local library. The city will take appropri

mariarad [96]

Answer: The answer has been attached below

Explanation:

Financial statements are the formal records of financial activities and position of an individual, a business, or other entity. The relevant financial information is typically presented in a structured manner and in an understandable form.

Financial statements can include balance sheet, income statement, statement of cash flows, the notes to accounts and statement of changes in equity.

The solution to the question is attached.

6 0

3 years ago

Consider the optimal consumption bundle for a consumer who is choosing between two goods, x and z, which she considers perfectly

Dimas [21]

Answer: Please refer to the explanation section

Explanation:

When a consumer is choosing between two goods which are considered to be perfect substitutes , the optimal bundles choice will be the number of good x and good z that will yield maximum utility is found the ratio of Marginal utility of good x and marginal utility of good z equals the ratio of the Price of good x and the price of good z or The Marginal utility of good x per dollar must be equal to the marginal utility of good z per dollar.

Marginal Utility of good x = MUx

Marginal Utility of Good z = MUz

Utility function = U(qx,qz)

qx and qz maximises U(qx,qz) when

$\frac{MUx}{MUz}$ = $\frac{Px}{Pz}$ or $\frac{MUx}{Px} = \frac{MUz}{Pz}$

When she receives the same marginal utility per dollar in good x and good y, utility is maximized

7 0

3 years ago

RM Company, a manufacturer, has provided the following information pertaining to its recent year of operation:

tatiyna

Answer:

RM Company

Using the indirect method, RM's net cash provided by operating activities is:

= $446,000.

Explanation:

a) Data and Calculations:

Net income $390,000

Accounts payable increased $33,000

Prepaid rent decreased $14,500

Depreciation expense was $44,000

Accounts receivable increased $43,000

Gain on sale of a building was $15,500

Wages payable decreased $30,000

Unearned revenue increased $53,000

Operating Activities:

Net income $390,000

Adjustment with non-cash items:

Depreciation expense was 44,000

Gain on sale of a building was (15,500)

Working capital changes:

Accounts payable increased 33,000

Prepaid rent decreased 14,500

Unearned revenue increased 53,000

Accounts receivable increased (43,000)

Wages payable decreased (30,000)

Net cash provided by operating

activities $446,000

8 0

3 years ago