Answer:
c. purchase of raw materials and collection of any outstanding receivables from the sale of the product.
Explanation:
A manufacturer refers to an individual or business firm that typically engages in the production of finished goods and sells them to the consumers, in order to meet their demands.
Generally, a manufacturer through a combination of processes, tools and equipments, produce finished goods from raw materials and sells them to the consumers.
This ultimately implies that, the operating cycle of a manufacturer is the length of time between the purchase of raw materials from suppliers and collection of any outstanding receivables from the sale of the product to consumers.
Answer: you need to sell 40 million in cars then add 30 million to savings go to a bank an take out a loan up to 500 grand and make sure to pay it back on time for better credit and start taking small increments out of your savings and invest in a company and get a good side job with good benefits for retirement when you age up enough retire and take all the money out of all your accounts and buy a island and build a house with a bunker full of food this does not explain anything to you i am just wasting your time.
Answer:
ethics in accounting
Explanation:
Ethics in accounting is a matter of both guidelines and principles. Specific standards are set by governing bodies and trade organizations who craft the rules of accounting, but personal values and professional ethics must guide accountants.
Answer: OPTION C
Explanation The answer to this question is cash payback and average rate of return method.
Capital rationing is the method used by companies to effectively allocate the limited funds a company has on alternative funds.
Under payback period method the company evaluates how much time will it take a project to recover its initial cost and as per average rate of return method the company evaluates the return generated from the net income, it does not take into consideration the time value of money.
Answer:
1. False
2. False
3. True
4. True
Explanation:
<em>1. Taxing food will generate a large amount of deadweight loss because people aren't very price sensitive in this market: </em><em>FALSE</em>
When people are not price sensitive to a product, it means that it is price inelastic. In this case, the demand is inelastic which is why the deadweight loss would be less as explained in part 3.
<em>2. Taxing food won't generate any tax revenue because consumers will just start growing their own food on farms: </em><em>FALSE</em>
It is unlikely that people will grow their own food due to many constraints such as the time and energy required, the availability of land space and the skills needed to grow own food. Especially since food is an essential and has an inelastic demand, taxes on food would generate revenue.
<em>3. Taxing food is less inefficient than taxing other things because there won't be too much deadweight loss: </em><em>TRUE</em>
Food has an inelastic demand because it is a basic necessity of life. Due to this reason, the demand curve has a steep slope. Thus, even when there is a tax imposed causing a price increase, producer and consumer surplus will not reduce dramatically which means that there would be a small deadweight loss.
<em>4. Taxing food is a bad way to raise revenue from an equity standpoint because poorer people spend a higher proportion of their income on food: </em><em>TRUE</em>
When poorer people spend a high proportion of income on food, most of their disposable income would be used to satisfy a basic need as food. Hence, they would have little remaining to satisfy their other needs and wants. This would cause their standard of living to decrease. It also means that it would be the poor population who are hit the hardest by such a tax implementation.