From the given choices for the question, the best answer would be (C) reduced productivity.
When there is a worker who isn’t a good team member in a group, the productivity of the entire group would be decreased. For example, if the worker doesn’t contribute his or her share of work, that would impact the group’s work tempo in completing the assigned goal.
Answer:
Explanation:
The journal entry is shown below:
Interest receivable A/c Dr $1,000
To Interest revenue A/c $1,000
(Being accrued interest is recorded)
The computation of accrued interest is presented below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $100,000 × 6% × (2 months ÷ 12 months)
= $1,000
The 2 months is calculated from November 1 to December 31
False. You should worry MORE about business ethics when you work for yourself to ensure for a better business and avoid getting sued
Answer: Reveals how many times a company sells its merchandise inventory during a period.
Explanation:
The Inventory Turnover Ratio is used to measure how often a company is able to sell off all its inventory within a single period. The higher this is, the better because it means that the company has a high sales rate and is incurring low storage costs since the inventory does not stay with them for long.
It is important to use this ratio relative to the type of industry it is being applied to however. For instance, a car dealership would be expected to have a lower inventory turnover ratio than a grocery store so comparing them using this ratio would be inaccurate.
Answer:
3. $2,123,612
Explanation:
As we know that
Net working capital = Current assets - current liabilities
where,
Current assets = Cash and marketable securities + inventory + accounts receivables + other current assets
= $335,485 + $1,651,599 + $1,488,121 + $121,427
= $3,596,632
Current liabilities = Accounts payable + short-term notes payable
= $1,159,357 + $313,663
= $1,473,020
So, the net working capital is $2,123,612
