Types of current assets

In the late 1800s, Cecil Rhodes took the money he made from renting water pumps to miners and used it to buy up the claims of sm

Nimfa-mama [501]

Answer: Entrepreneurial ability

Explanation:

A. Capital in the business can be defined as the money invested for the operations of business to earn profits. Capital can be in form of any kind of money like shares and debt but a human can never be a capital.

B. Land can be defined as the capital investment of the business for the place where which the operations of the business will be maintained.

C. Entrepreneurial ability is the brain behind the business entity . In a business an entrepreneur is the person who collects capital, purchase land and maintains the operations.

D. Labor is the human capital invested in the business, that is, hiring of individuals for different types of operations.

Hence we can conclude that Cecil Rhodes played entrepreneurial ability.

7 0

3 years ago

Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b

STatiana [176]

Answer:

$25 per batch

Explanation:

Combined final sales value:

= Sales value of refined sugar + Sales value of industrial fiber

= $65 + $65

= $130

Financial advantage:

= Combined final sales value - Further Processing - sugar beets costs - Cost to Crush

= $130 - ($17 + $21) - $54 - $13

= $130 - $38 - $54 - $13

= $25 per batch

Therefore, the financial advantage (disadvantage) for the company from processing one batch of sugar beets into the end products industrial fiber and refined sugar is $25.

8 0

3 years ago

Your grandfather has offered you a choice of one of the three following alternatives: $8,500 now; $3,000 a year for five years;

Mila [183]

Answer:

Check the explanation

Explanation:

a1.Present value of $8500=$8500

the Present value of $3000 a year for 5 years=$3000*Present value of annuity factor(9%,5)

the Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate

=$3000[1-(1.09)^-5]/0.09

=$3000*3.889651263

=$11668.95(Approx)

The Present value of $41000=$41000*Present value of discounting factor(rate%,time period)

=$41000/1.09^5

=$26647.19(Approx).

Therefore $41,000 received at end of five years is a better value.

3 0

3 years ago

Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The

Verdich [7]

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Calculating the monthly rate:

The 1st quarter sales is Q1

The 2nd quarter sales is Q2

Note:

Q1= January, February & March

Q2= April, May & June

Given from the question:

Q1= 1200 gallons

Q2= 800 gallons

The monthly sales rate of is calculated by dividing the quarterly rate by 3

Q1= 1200 gallons/3 = 400

Q2= 800 gallons /3 = 266.6

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

<h3>What is sales forecasting?</h3>

Sales forecasting can simply be defined as the process of estimating the future revenue by predicting the amount of goods, products or services a sales unit will sell in the next week, month, quarter, or year.

Therefore, the monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Complete question:

Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The expected pattern of sales for the first quarters of 2011 is as follows: Sales in Units 1st quarter 2nd Quarter Quantity 1,200 gallons 800 gallons

How much quantity sales of granite paint was sold in month of

(I) February

(II)May

Learn more about sales forecasting;

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7 0

1 year ago

True or False. Companies typically require that systems analysts have a college degree in information systems, computer science,

olga_2 [115]

Answer:

True (at least most of the time)

Ideally companies will require their systems analysts to have a college degree in information systems, computer science, business, or a closely related field.

But sometimes the demand for people with a degree in computer science or information systems is much larger than the supply, then many companies go directly to the colleges and hire students who haven't graduated yet.

I know this since a few years ago a local university issued a public statement about this issue since less that 30% of their students (in computer related fields) actually graduated. Most of the students were hired by Intel, IBM and HP during their third college year and they dropped out. Of course the students left because they were offered high salaries, imagine if you are 20 or 21 years old and a huge corporation offers you over $70,000 a year. I'm not sure that this is still happening, but I doubt it has changed.

8 0

3 years ago