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Tanzania [10]
3 years ago
7

Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers real

ize that they must decide what to do with the money. Since you are the financial manager, they ask for your advice. You advise them to firstA) repay the short-term obligations out of the sales revenue.
B) use the money to buy a yacht for the managers.
C) increase all employees' wages.
D) enroll all the salespeople in a sales training course.
E) borrow more money.
Business
2 answers:
zysi [14]3 years ago
8 0

Answer:

A) repay the short-term obligations out of the sales revenue.

Explanation:

Tidewater should use their profits to try to lower their total debts, specially short term obligations. The problem with short term obligations is that the company continuously needs an inflow of cash to repay them.

It is not something unusual for retailers to take 1-3 month credits to purchase and resell merchandise, but they always have the risk of not being able to sell enough merchandise one month to cover their costs and their debt payments.

Long term debt is always more manageable since you have more than a year to pay them back and the interest rates are usually lower.

Naily [24]3 years ago
8 0

Answer:

A)

Explanation:

Based on the information provided within the question it can be said that I would advise them to first repay the short-term obligations out of the sales revenue. This is because debt needs to be always be payed first as it allows you to use the rest of the money as pure profit and prevents unexpected problems later on.

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What is a speech given to another person or group of people to present information or research about a topic?
Aliun [14]

Answer: It would either be A or D.

Explanation:

because an oral presentation is a presentation that presents research and statistical information and a slide presentation could do the same but an oral presentation might show more statistical information and a slide might present more research, but if I had to choose one that might be the answer I would say Oral presentation since that's the most common way of presenting research of a topic

5 0
2 years ago
Read 2 more answers
Provide an explanation of how his/her life will change economically, socially, and politically in a centrally planned economy.
galben [10]

Answer:spazz

Explanation:

spazz

4 0
2 years ago
A manuscript is sent to a typing firm consisting of typists A, B and C. If it is typed by A, then the number of errors made is a
spin [16.1K]

Answer:

(a) E(X) = 3

(b) Var(X) = 12.1067

Explanation:

(a) E[X]

E[X]T = E[X]T=A + E[X]T=B + E[X]T=C

         = (2.6 + 3 + 3.4)/3

         = 2.6 (1/3) + 3(1/3) + 3.4(1/3)

         = 2.6/3 + 1 + 3.4/3

         = 3

(b) Var (X) = E[X²]−(E[X])²

Recall that if Y ∼ Pois(λ), then E[Y 2] = λ+λ2. This implies that

E[X²] = [(2.6 + 2.6²) + (3 + 3²) + (3.4 + 3.4²)]/3

         = (9.36 + 12 + 14.96)/3

         = 36.32/3

         = 12.1067

Var(X) = E[X²]−(E[X])²

          = 12 - 3²

          = 12.1067 - 9

          = 3.1067

8 0
3 years ago
If you were charged $1152 in taxes on a $2560 purchase. What percent tax were you charged
katen-ka-za [31]

Answer:

Percent tax = 45%

Explanation:

Given:

Amount of tax charged = $1,152

Amount of purchase = $2,560

Find:

Percent tax

Computation:

Percent tax = [Amount of tax charged / Amount of purchase]100

Percent tax = [1152 / 2560]100

Percent tax = 45%

6 0
3 years ago
3. How do global factors influence the economy in your country?
77julia77 [94]

Answer

Hi,

In a developing nation, global factors that can influence the economy are political populism, global insecurity and the refugee crisis

Explanation

Making the explanation from 2016, this year was a challenging and difficult one for the global economy. First it was marked by political populism where President Donald Trump, Marine Le Pen and other influential figures took advantage weak economies and low productivity growth to talk on real wages and consumption.

The U.S presidential election being a major political event in 2016, the main issue was on the possibility of restoring the US as a global force for stability after Obama. Security issue raised due to inferior foreign policies and unwillingness to direct military forces in difficult regions.

Refugee was a major factor during 2016 where millions of individuals entered Europe seeking asylum. Many people were displaced in 2015 with countries like Germany, Hungary and Sweden receiving high inflows of refugee.

Good luck!

5 0
3 years ago
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