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Alinara [238K]
3 years ago
11

The distinction among managers in terms of authority and responsibility is expressed as chain-of-command.

Business
1 answer:
Nat2105 [25]3 years ago
7 0

B. False

This distinction is known as level of management.

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The financial statements of the Pharoah Company report net sales of $372000 and accounts receivable of $56400 and $27600 at the
snow_lady [41]

Answer:

the average collection period for accounts receivables is 41.2 days

Explanation:

Average Collection Period measures the amount of time it takes to collect credit from accounts owing.

Average Collection Period = Average Accounts Receivables / (Sales/365)

                                            =(($27600+ $56400)/2) / ( $372000/365)

                                            = $42,000/1019.178082

                                            = 41.20967742

                                            = 41.2 days

                             

8 0
2 years ago
Read 2 more answers
Harriet Marcus is concerned about the financing of a home. She saw a small cottage that sells for $39,000. Assuming that she put
Leokris [45]

Incomplete question. Here's the remaining part that completes question;

<em>(Use the Table 15.1(a) and Table 15.1(b)). (Round intermediate calculations and your final answers to the nearest cent.)</em>

<em />

<em>Monthly payment </em>

<em>a. 25 Years, 10.5%  </em>

<em>b. 25 Years, 11.5%  </em>

<em>c. 25 Years, 12.5%  </em>

<em>d. 25 Years, 14.0%</em>

<u>Answer:</u>

<u>Monthly payment is $104 for each assumption</u>

<u>Total interest cost</u>

<u>a. $3,276</u>

<u>b. $3,588</u>

<u>c. $3,900</u>

<u>d. $4,368</u>

<u>Explanation:</u>

Total balance left = $39,000-$7800 (20% of Cost of cottage)=$31,200

a) For monthly payment

$31,200/300 months (equivalent For 25 years) = $104

Total cost of Interest= monthly Interest% x monthly payment x 300 months= 10.5% x $104 x 300 months = $3,276.

b) For monthly payment

$31,200/300 months (equivalent For 25 years) = $104

Total cost of Interest= monthly Interest% x monthly payment x 300 months= 11.5% x $104 x 300 months = $3,588.

c) For monthly payment

$31,200/300 months (equivalent For 25 years) = $104

Total cost of Interest= monthly Interest% x monthly payment x 300 months= 12.5% x $104 x 300 months = $3,900.

d) For monthly payment

$31,200/300 months (equivalent For 25 years) = $104

Total cost of Interest= monthly Interest% x monthly payment x 300 months= 14% x $104 x 300 months = $4,368.

7 0
3 years ago
What is the difference between wacc and marginal cost of capital?
kvv77 [185]
<span>Marginal Cost of Capital may involve less calculation than WACC, however marginal cost may be calculated by incorporating tax rates, overhead, insurance or any other cost associated with acquiring the particular capital.</span>
4 0
3 years ago
During 2021, Bramble Corp. had the following activities related to its financial operations: Carrying value of convertible prefe
BigorU [14]

Answer:

the net cash used in financing activities is -$3,803,000

Explanation:

The computation of the net cash used in financing activities is shown below:

= Payment of cash dividend - payment for early retirement + proceeds from the sale of treasury stock

= -$280,000 -$3,974,000 +  $451,000

= -$3,803,000

hence, the net cash used in financing activities is -$3,803,000

WE simply applied the above formula

3 0
3 years ago
HOW MUCH IS 5OO ROUNDED TO THE NEAREST 10TH
Anit [1.1K]
500 rounded to the nearest tenth is 500 because there is nothing to round

6 0
3 years ago
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