Answer:
The correct answer is e. -$4,940.
Explanation:
This problem requires us to calculate the amount of the cash flow to creditors. The cash flow to creditor means all payment made to creditors in form of interest payment or principal payment. The amount borrowed is deducted from it. The detail calculation is given below.
Interest = Earning before interest and taxes - Net income - Taxes
Interest = 27,130 - 16,220 - 5,450
Interest = $ 5,460
Cash flow to creditors = 31,600 + 5,460 - 42,000 = -$ 4,940
Answer:
B. Fixed Time Period Model.
Explanation:
Fixed time period model: It is referred to as an inventory model that counts inventory at every fixed interval of time, like every week, every fortnight, or every month. It generates order quantity, which varies from time to time, depending on the usage rate. There is no fixed order quantity in this inventory system, however, it required higher reserved stock to match the order quantity as a vendor needs to make a periodic visit for counting inventory and place the order as required.
Answer:
The manager has violated the Rumford Fair Housing Act
Explanation:
This law was passed in California in the year 1963. It aims to protect house seekers from discrimination based on race, color, or disability. This practice was very common during that period and there were many cases of white landlords refusing to rent their apartment to people of color, neither will they accept to sell houses to them.
Answer:
The price/earnings ratio is closest to 21.79
Explanation:
Price / Earning ratio is used to assess the owner`s appraisal of share value. The higher the ratio the more confident that the shareholders have on company's future performance.
Price / Earning ratio = Market price of Share ÷ Earnings per share
= $61 ÷ $2.80
= 21.79
