The answer to this question is: <span>Upper classes in power are likely to become richer at the expense of others
In Oligarchy, the government will be fully centralized and totally controlled by the upper class of the society. This means that all legislation that made by the government will be very likely to bring benefit for themselves first rather than paying attention to the things that the majority of citizens need the msot.</span>
Answer:
185.531532 months
15.5 years
Explanation:
We use the NPER formula in this question that is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $50,000
Future value = $0
Rate of interest = 9% ÷ 12 months = 0.75%
PMT = $500
The formula is given below:
= NPER(Rate;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer in months would be 185.531532 month
And, in year it would be 15.5 years after dividing by 12 months, the number of year comes
The company would have 12,247 subsidiary accounts.
<h3>What is a credit?</h3>
A credit is a loan facility granted by a bank or an institution to its customers. This is to enable the customers access funds with a view to paying back at a future date.
Companies or institutions grant credit facilities to encourage their customers plan for their business and then pay back later.
Hence, the company would have 12,247 subsidiary accounts since they extend credits to 12,247 customers.
Learn more about credits here : brainly.com/question/9913263
Answer:
The 50.30 days are required to take its credit customers to pay for their purchases.
Explanation:
For computing the average collection period, we have to use the formula of the average collection period.
Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year
= $107,900 ÷ $783,000 × 365
= 0.13780 × 365
= 50.30 days
We assume 365 days in a year
The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.
Hence, 50.30 days are required to take its credit customers to pay for their purchases.
Answer:
d. Work in Process Inventory and Factory Overhead.
Explanation:
Direct labor is labor that is directly involved in the production process, for example a machine operator in a factory is supplying direct labor. So when recording direct labor we do so under work in process inventory as that is where the labour is applied.
Indirect labour is one that is not directly involved in the production process, for example office cleaners, building maintenance. Since their contribution is not directly impacting production, indirect labor is recorded under factory overhead.
