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Colt1911 [192]
3 years ago
7

"if rubash corporation bought on terms of 1/10, net 30, what would be its nominal annual cost of costly trade credit? assume a 3

65-day year."
Business
1 answer:
pickupchik [31]3 years ago
4 0
<span>Answer:
   Corporation don't want to take discount then pay bill in within 30 days. Nominal annual cost of trade credit Formula for Trade Credit = (365/Days Credit -Discounting Period ) * (Discount % / 1 - Discount %) Step 1 Here Cost of Credit = (365/30- 10) * (1/100-1) Step 2 = (18.25 * 0.01 )% Final Answer = 18.25% 12.17% is the cost of not taking discount to Rubash Corporation. Annual cost of costly trade credit: Here 10 Days discount period occurs 36.5 times per year. Effective Annual Credit cost = [1 + (Credit..</span>
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According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into t
notsponge [240]

Answer:

Level 5

Explanation:

pyramid organizational structure is structure usually from 1 to 5 having , one leader at the top, along with

small executive leadership team which is at below level with tiers of managers that have their leading down to the bottom level of team of employees.

Level 5 leaders always shows

powerful mixture of personal humility as well as indomitable will. These set of people that fall under this heirachy are incredibly ambitious, though

their ambition comes as first and foremost as regards the cause, for the organization as well as its purpose and not themselves. It should be noted that According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into the organization through a combination of willpower and humility. This occur At

level 5 of the pyramid.

7 0
3 years ago
Read 2 more answers
The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n)
Keith_Richards [23]

Answer:

<em>The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n) </em><em><u>active</u></em><em> problem</em>

Explanation:

<em>An </em><em>active </em><em>problem </em><em>is </em><em>one </em><em>co</em><em>n</em><em>sumer </em><em>is </em><em>aware </em><em>of </em><em>or </em><em>will </em><em>become </em><em>aware </em><em>of </em><em>in</em><em> </em><em>the </em><em>normal </em><em>course</em><em> </em><em>of </em><em>event.</em><em> </em>

7 0
2 years ago
Coca-Cola sells two different zero-calorie versions of Coke: Diet Coke and Coke Zero. It has chosen to attempt to appeal to men
skad [1K]

Answer:

The answer is market positioning.  

Explanation:

Market positioning is defined as the method to appeal to a specific market segment through certain marketing efforts. It is clear from the explanation that Coke Zero is targeted towards male customers – unlike Diet Coke which is intended for female; as shown by the product name. The male customer targeting is apparent from their ad campaign choices, which is meant to appeal to men.  

7 0
3 years ago
What is important to remember when cutting curly hair
astraxan [27]
It's important that when you're going to cut it, you stretch it so that you cut the right amount and look like the hair
6 0
3 years ago
Here are the 2018 and 2019 (incomplete) balance sheets for Newble Oil Corp.BALANCE SHEET AT END OF YEAR(Figures in $ millions)As
otez555 [7]

Answer:

Newble Oil Corp Balance Sheet for 2018:

Current Assets - $319 million

Net Fixed Assets - $1,290 million

Total Assets = $1,609 million

Current Liabilities - $255 million

Long-term Debts - $875 million

Total Liabilities = $1,130 million

a) Equity = Total Assets ($1,609 million) minus Total Liabilities ($1,130 million) = $479 million

Newble Oil Corp Balance Sheet for 2019:

Current Assets - $465 million

Net Fixed Assets - $1,465 million

Total Assets = $1,930 million

Current Liabilities - $249million

Long-term Debts - $1,010 million

Total Liabilities = $1,259 million

b) Equity = Total Assets ($1,930 million) minus Total Liabilities ($1,259 million) = $671 million

c) Net Income during 2019, if Newble paid dividends of $145 million:

2019 Equity plus Dividends paid minus 2018 Equity = Net Income

($671 + $145 - $479) million = $337 million

d) Depreciation charge for 2019 if Newble purchased $345 million in fixed assets:

2018 fixed assets plus new acquisition minus 2019 fixed assets =

$(1,290 + 345 - 1,465) million = $170 million

e) Change in net working capital between 2018 and 2019:

Net working capital = Current Assets minus Current Liabilities

2018 net working capital = $319 - $255 = $64 million

2019 net working capital = $465 - $249 = $216 million

Therefore, the change in net working capital is $216 - $64 = $152 million.

f) Debt paid off during the year:

2018 debt plus new issue minus 2019 debt balance equals debt paid off.

$(875 + 218 - 1,010) millions = $83 million

Explanation:

a) Equity is the difference between total assets and total liabilities.  In accounting equation, assets = liabilities + equity.

b) Dividends is a distribution from retained earnings (equity).  It decreases the retained net income, which increases the equity.

c) Depreciation also decreases the assets.  To find the charge for the period, we add compare the new assets balance with the old, taking into consideration new acquisitions.

d) Net working capital is the difference between current assets and current liabilities.

e) Debts paid off during the year can be obtained by comparing old debt balance with the new and additional debt issued during the period.

4 0
3 years ago
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