Answer:
28.6 days
Explanation:
Avg Receivables= Beg Receivables + Ending Receivables /2
=65,800+73,000/2
=$138,800/2
=$69,400
Receivable turn over= Net Sales/ Avg Receivables
=884,000/69,400
=12.74
days to collect during year= 365/ Receivable turn over =365/12.7
=28.6 days
Answer:
C.
Explanation:
The critical path is the sequence of activities between a project's start and finish that takes the shortest time to complete.
This question is true, as business continue to prosper and grow. Many investors would want to invest into a stock market like a gamble or a faster way to gain more money, based on how you trust your stock market.
Answer:
$42,680 under applied
Explanation:
The computation is shown below:
First, Calculate the predetermined overhead rate per hour which equals to
= (Estimated Overhead cost ÷ estimated machine hours)
= ($175,100 ÷ 25,600 hours)
= $6.84 per hour
So, the applied overhead equals to
= Predetermined overhead rate per hour × actual machine hours
= $6.84 per hour × 20,500 hours
= $140,220
So, the over/under applied overhead equals to
= Applied overhead - actual overhead
= $140,220 - $182,900
= $42,680 under applied
Answer:
Nominal GDP is $100, real GDP is $50, and the GDP Deflator is 200
Explanation:
Given that:
Base year = 2004
2004:
20 Bushels of wheat = $2 per bushel
10 Bushels of rice = $1 per bushel
2005:
20 Bushels of wheat = $4 per bushel
10 Bushels of rice = $2 per bushel
Nominal GDP
GDP deflator = (Nominal GDP / Real GDP) * 100
2005 Nominal GDP:
Final value of goods at current year prices:
(20 * $4) + (10 * $2)
$80 + $20 = $100
2005 Real GDP:
Final value of goods at base year prices :
(20 * $2) + (10 * $1)
$40 + $10 = $50
Deflator :
(Nominal GDP / Real GDP) * 100
($100 / $50) * 100
2 * 100 = 200
= 200
