Assuming Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. This refers to as working capital management.
<h3>What is Working Capital Management?</h3>
Working capital management can be defined as the way in which a company or an organization ensures that both their current asset and current liabilities are put in use effectively and efficiently.
A company who make use of working capital management as a strategy will tend to ensure that their liabilities does not exceed their assets so as to maintain the company financial health.
Therefore this refers to as working capital management.
Learn more about working capital management here:brainly.com/question/14736085
The answer is D because each customer can add their own input
Answer:
Journals :
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
Explanation:
The Land and Building is Initially measured at cost of acquisition not the fair market value. The cost of Acquisition in this case is the Present Value of the Mortgage Payable used to obtain the Property.
Step 1
Use the Time Value of Money Techniques to find the Present Value of the Mortgage.
Calculation of Present Value of the Mortgage
N = 20 × 12 = 240
P/YR = 12
PMT = - $3,488.85
I = 7 %
FV = $ 0
PV = ?
Using a Financial Calculator to Input the Values as above, the Present Value of the Mortgage will be $450,000.
Step 2
When Recording, apportion the Land and Building costs using their fair market value.
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
Answer:
a. 0.0124
b. 12
c. 0.0054
d. 5
e. advantage of reducing process variation is that probability of defect item is decreased
Explanation:
mean = 6
SD = 0.1
a)probability of a defect = 1 - P(5.75 <X <6.25)
= 1 - P(-2.5<Z <2.5)= = 1 - 2(0.9938-0.5) = 2(1-0.9938) = 2*0.0062 = 0.0124
b)In a production run of 1000 parts,number of defects would be found = 1000*0.124 = 12.4 = 12
c)1 - P(5.75 <X <6.25) = 1- P(-0.25/0.09 <Z < 0.25/0.09) = 1- P(-2.777 <Z<2.777)= 1 - 2 (0.9973 -0.5)
= 2 ( 1 - 0.9973) = 2*(0.0027) =0.0054
d)In a production run of 1000 parts,number of defects would be found = 1000*0.0054 = 5.4 = 5
e) advantage of reducing process variation is that probability of defect item is decreased.
Answer:
Return on common stockholders' equity = Net income/Shareholders equity x 100
Return on common stockholders' equity = $100,000/$210,000 x 100
= 47.62%
Explanation: Return on common stockholders' equity is the ratio of net income to average common stockholders' equity. Net income is $100,000 while average common stockholders' equity is $210,000. The ratio of the two gives return on common stockholders' equity.
