1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ahat [919]
3 years ago
10

As a result of cash flow shortages, millard's department stores has fallen behind in payments to suppliers. some suppliers are w

ithholding shipments to millard's until they receive payments on overdue accounts. to meet their immediate needs, millard's department stores should utilize:
Business
1 answer:
kupik [55]3 years ago
6 0

In order for Millard’s Department Store to meet their immediate needs, they should utilize the short term financing. Short term financing is defined as a way of business financing by means of obtaining finance that is usually in a term of one year or less than one year. It is usually for about 4-6 months.

You might be interested in
Allen Lumber Company had earnings after taxes of $630,000 in the year 2009 with 370,000 shares outstanding on December 31, 2009.
Firdavs [7]

Answer:

$2.00

Explanation:

Since there was an increase of 30% from 2009, Allen Lumber Company's earnings after taxes for 2010 were:

E= 1.30*\$630,000\\E=\$819,000

The total number of shares in 2010 was:

n=370,000+39,000\\n=409,000

Earnings per share for 2010 are determined by dividing total earnings by the number of shares:

E_S=\frac{\$819,000}{409,000}\\E_S=\$2.00

Earnings per share for the year 2010 were $2.00.

3 0
3 years ago
?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipm
Rama09 [41]
In this scenario, Daniel is <span>satisficing.
</span>According to its definition, to satisfice means '<span>decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.' So, Daniel is weighing his options and looking for the means which will provide him with the best results possible when it comes to his small shoe manufacturing company.</span>
3 0
3 years ago
5 An insured has four separate but identical policies written by different insurers to cover her $100,000 building. Each policy
qaws [65]

Answer:

each policy will pay $25,000 of the loss

Explanation:

Based on the scenario being described within the question it can be said that the each policy will pay $25,000 of the loss. This is an equal share for each policy and is due to them having the pro rata liability clause. This clause states that a policy is only liable for an equal percentage of the loss if the insurer has other policies from other companies. As in this case.

5 0
3 years ago
Russell Co. reports sales revenue of $30,600 and interest revenue of $5,600. Its comparative balance sheet shows that accounts r
Goryan [66]

Answer:

Cash provided by operating activities $39,650

Explanation:

The computation of the cash provided by operating activities under the direct method is as follows:

Sales Revenue     $30,600

Decrease in Account Receivable $4,600

Interest Revenue $5,600

Increase in Interest Receivable - $1,150

Cash provided by operating activities $39,650

We simply applied the above sequence so that the correct value could come

And, the same is to be considered

6 0
2 years ago
Heath Company uses 10,000 units of a part in its production process. The costs to make a part are: direct material, $12; direct
Korolek [52]

Answer: 40,000 to buy the part

Explanation:

Cost to buy : $55/ 10,000= 550,000


Cost to manufacture: (12+25+13+9)=59


The difference: $4/10,000= 40,000

6 0
2 years ago
Other questions:
  • How do long term goals differ from short term goals
    13·2 answers
  • A country’s real gdp rose from 500 to 550 while its nominal gdp rose from 600 to 770. what was this country’s inflation rate?
    6·1 answer
  • Managers use a predetermined overhead rate for which of the following reasons?
    6·1 answer
  • Cameron started his own photography business. He wants to write a good mission statement that explains his company's reason for
    8·1 answer
  • National Warehousing just announced it is increasing its annual dividend to $1.18 next year and establishing a policy whereby th
    11·1 answer
  • Suppose Indiana produces only steel and corn, with fixed amounts of land, labor, and capital resources. Which of the following b
    6·1 answer
  • Y3K, Inc., has sales of $7,475, total assets of $3,525, and a debt−equity ratio of .34. Assume the return on equity is 20 percen
    13·1 answer
  • On the first day of its fiscal year, Chin Company issued $26,200,000 of five-year, 6% bonds to finance its operations of produci
    6·1 answer
  • Jack, Jill and Maritza are employed as sales persons for Deuce Hardware Supplies. None was hired for a definite period and each
    7·1 answer
  • Wiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. T
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!