Answer:
Firm’s sales uncollected for year is 42 days.
Explanation:
Account receivable turnover ratio = $621,000 / $70,422
Account receivable turnover ratio = 8.69
Thus, accounts receivable turnover ratio is 8.69
Average collection period = 365 / Account receivable turnover ratio
Average collection period = 365 days / 8.69
Average collection period = 42.00
Thus, firm’s sales uncollected for year is 42 days.
Answer:
The first amendment involves the freedom off free scheech and religion. Meaning that a person can not criticize or not display a person's religion based on your own beliefs or beliefs of others.
Explanation:
Reference possibilities could be
1. http:/guides.library.harvard .edu/
2. Your state website ie Maine.gov mass.gov
3. USA.gov is the federal law
4. Loc.gov is the library of congress
5. 6. Supremecourtus.gov and supremecourts
Gov/opinions for us Supreme Court and recent opinions
7. Law.cornell.edu/citation for legal citations for legal arguments if needed as well as taking the citation out of the address bar to use for finding the law online
8. Http.thelawdictionary.org for legal terms or the black law dictionary
Be cautious of commercial websites some that are good and can give information that is not completely accurate.
C1. Findlaw.com
C2. Lexisone.com for federal and state cases and statutes
Both are used for general information.
Good luck.
Answer:
The correct order is option B.
Explanation:
As the order is in which the items are in the process of the subsidiary is given as by option B.
Option A is not true as the step of receiving report is not at the start of the process.
Option C is not true, because all the steps are not included.
Option D is not true as well because all the steps are not included.
Answer:
The price is $1,540
Explanation:
The reason is that the profit share is $1,100 and the cost includes computer chip, software and printer which are worth $150, $250 and $40.
The price can be calculated using the following formula:
Price - Cost = Profit
Here profit is $1100 and cost is $440 (150+250+40)
By putting the values we have:
Price - $440 = $1100
Price = $1100 + $440 = $1540
Answer:
$69.47
Explanation:
D1 = ($1.45*1.20) = $1.7
D2 = ($1.7*1.20) = $2.04
D3 = ($2.04*1.20) = $2.45
Value after year 3 = (D3*Growth Rate) / (Required rate-Growth Rate)
Value after year 3 = ($2.45*1.08) / 0.11-0.08
Value after year 3 = $2.646 / 0.03
Value after year 3 = $88.20
Current share price = Future dividend and value*Present value of discounting factor(rate%,time)
Current share price = $1.7/1.11 + $2.04/(1.11)^2 + $2.45/(1.11)^3 + $88.20/(1.11)^3
Current share price = $1.5315315 + $1.65571 + $1.7914189 + $64.49107
Current share price = $69.4697304
Current share price = $69.47
