Answer:
d. 108 days
Explanation:
Average Inventory = (Beginning balance + Ending balance) / 2
Average Inventory = ($139,000 + $158,000) / 2
Average Inventory = $297,000 / 2
Average Inventory = $148,500
Inventory Turnover ratio = Cost of goods sold / Average Inventory
Inventory Turnover ratio = $501,000 / $148,500
Inventory Turnover ratio = 3.37 times
Average days to sell inventory = Days in a year / Inventory Turnover ratio
Average days to sell inventory = 365 days / 3.37 times
Average days to sell inventory = 108.31 days
Answer:
sequential
Explanation:
organizational structures come in four general types – functional, divisional, matrix and flat
Answer:
a. Realized gain = $45,330
Recognized gain = $0
b. $302,200
Explanation:
a. The realized gain is the increase in Camilo's economic position, that is, the difference between the fair market value of both properties. The recognized gain is the taxable gain, which is zero in this situation, since the new property is a compensation.
b. Since there is no recognized gain, the new property must have the same basis as the previous condemned property, which is $302,200.
The working class is more committed to their jobs and less likely to Low-income students are less likely to benefit from parental involvement. The simple solution is to submit to American authority: A person who falls within the definition of a "low-income individual".
Is one whose family's taxable income for the prior year did not exceed 150 percent of the federal poverty line. That comes to about $19,000 in the United States (Hawaii and Alaska have a somewhat higher value). If involvement of a household's income is less than 60% of the median income in the UK, it is considered to be low income.
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Answer:
(A). - $ 120
Explanation:
The changes to cash are from the following rules
Increase in assets and decrease in liabilities is a decrease in cash
Decrease in assets and increase in liabilities is and increase in cash
Using the data in the question,
Cash Movement
increase in inventories $ 300 ( $ 300)
Increase in accounts payable $ 150 $ 150
Decrease in accounts receivable $ 120 $ 120
Decrease in other current assets $ 60 $ 60
Decrease in other current liabilities $ 150 <u>($ 150)</u>
Net movement in Cash $ (120)
