Answer:
43 days
Explanation:
The first step is to calculate the account receivable turnover
= $595,000/($80,000+$60,000)/2
= 595,000/140,000/2
= 595,000/70,000
= 8.5
Therefore the average collection period can be calculated as follows
= 365 /8.5
= 42.9
= 43 days
Answer:
$3150
Explanation:
Given:
Cost of the asset purchased = $87500 (on 1st October. 2022)
Salvage value at the end of its useful life = $24500
Useful life estimated = 5 years
Question asked:
What is the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation?
Solution:
<u>As we know:</u>
Depreciation expenses per year = $12600
But we have to find depreciation expenses for 2022 for:-
From 1st October, 2022 to 31st December, 2022 = 3 months.
<em><u>Straight-Line Depreciation Expense for Partial Year = </u></em>
<em><u /></em>
Depreciation Expense for 3 months = 
Therefore, the depreciation expense for 2022 if Ivanhoe Company uses the straight-line method of depreciation is $3150.
If a nation's currency drops in value significantly, the International Monetary Fund could step in and buy the currency so that some stability could occur economically
Although total world grain production is increasing, per capita production remains flat. The factors that have contributed to this situation are the increasing population of humans, climatic conditions, quality of land cultivation, and the energy to plant and harvest the grain.
In 2019, the USA populace changed to 328 million, even as its financial output turned into valued at $21.43 trillion. To calculate GDP in step with capita, we get the full GDP and divide via the whole population. In this example it is: So in 2019, the GDP per capita of the USA becomes $ 65,335
.
According to per capita production intake, the every year use of goods and offerings by using all and sundry is derived through dividing the number of products and offerings utilized by the full populace. This variable serves as a right-away measure of personal monetary well-being. Per capita consumption is stricken by (Jain et al., 2012):
GDP in line with per capita production is the sum of gross cost introduced with the aid of all resident producers within the financial system plus any product taxes (much fewer subsidies) not blanketed within the valuation of output, divided by using mid-yr population. boom is calculated from constant price GDP data in nearby forex.
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Answer:
Administrative
Explanation:
The theory of management that is being described is known as the Administrative management theory. This theory tries to come up with a rational way of designing an organization so that it works as a whole entity. Doing so allows for the organization to function at the highest efficiency and effectiveness levels, which overall brings lower costs and increased profits for the organization.
