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Lera25 [3.4K]
3 years ago
6

intext:"A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turno

ver for the period"
Business
1 answer:
Paraphin [41]3 years ago
6 0

Answer:

i think it would be 4x

Explanation:

im dumb

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The board of directors of pilgrim company authorizes a $100,000 restriction of retained earnings for a future plant expansion. t
Yakvenalex [24]

Answer:

It will reduce the amount of dividiends it can pay.

Explanation:

As there is an amount of the retained earnings that is restricted the company cannot use them to pay up neither stock or cash dividends in the future.

The retained earnings are used to pay dividends but also, are part of the equity of the firm thus the RE count to the capital structure of the company . Loans can be obtained with better rates if thecapital structure is more based on equiy than in liabilities thus, the board of directors is planning ahead the future plant exansion avoiding to use cash and deteriorate his capital structure to pay up dividends.

6 0
3 years ago
Jacob has built up a wide network of contacts, clients, and local business neighbors since moving to Central City five years ago
Nata [24]

Answer:

The answer is network.

Explanation:

Network is a way of interacting with others to exchange some information or establish social contacts. Since Jacob has built up a wide range of contacts, clients, and local business neighbors over the years as mentioned in the statement, he will generally leverage on the network he has developed with these individuals as he intend to move to another phase of his career.

7 0
3 years ago
Read 2 more answers
If a corporation has only one class of stock, it is referred to as preferred stock. solitary stock. common stock. classless stoc
riadik2000 [5.3K]

Common stock

If a corporation has only one class of stock, it is referred to as Common stock.

<h3>What is a common stock?</h3>
  • A security that symbolizes ownership in a firm is called common stock.
  • Common stock owners choose the board of directors and cast ballots for corporate rules.
  • Long-term rates of return are often higher with this type of stock ownership.

<h3>What is the name of common stock?</h3>

ordinary share

  • The ownership of equity in a firm is represented by common stock, a category of securities.
  • There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."

<h3>The benefits of common stock</h3>
  • More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
  • Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.

To learn more about common stock visit:

brainly.com/question/13762106

#SPJ4

8 0
2 years ago
A corporation borrowed money from a bank to build a building. The long-term note signed by the corporation is secured by a mortg
Sunny_sXe [5.5K]

Answer:

c. The balance of mortgage payable will decrease each period the loan is outstanding.

Explanation:

Since in the question it is mentioned that the coporation has to pay the amount of $80,000 to bank for 10 years in order to reply the loan so according to the given options the option c should be selected as the part of the annual payment would be considered to the loan principal amount this increase for each and every period but at the same time the interest expense amount would be reduced in each and every period at the time when loan become outstanding

4 0
3 years ago
A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $925. If the yield to maturity
ANEK [815]

Answer:

$930.11

Explanation:

We will first find the YTM

Par value 1000

Couple rate 8.50%

N 24

PV $925

PMT $85

FV $1000

We are going to use YTM to find the bonds price of 5 years .

Therefore:

Value in 5 years will be:

N 20

I/YR 9.28%

PMT 85%

FV $1,000

PV $930.116

7 0
3 years ago
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