Anthony should choose daily compounding as the best rate of return on his interest. Example, suppose Anthony deposits $1000 in a bank which pays 5% interest compounded daily, this means 365 times per year that his principal deposit was added by 5% interest.
Answer:
Comprehensive Resource Management
Explanation:
This is a term given to the management characteristics of the NIMS which deals with the management of resources including personnel, supplies, facilities, and equipment, whether available or having the potential to become available for allocation. For personnel management, the NIMS is tasked with the duty of credentialing, certifying and qualifying a personnel.
Answer:
LPD's projected gross profit for April is $70.000 (B)
Explanation:
We can define Gross Profit as follows:
<u>Sales - Cost of goods sold</u>
In our case, we need to find the gross profit for April:
Projected Sales: $350.000
Cost of goods: <u> -$280.000 ($350.000 * 80%)</u>
Gross Profit: $ 70.000
The other information can help us to define cash management, because they are related with payments, for example: sales collected, cost payments or cash balance.
Answer:
B
Explanation:
The answer is b
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Answer:
the inventory should be recorded at $8,500
Explanation:
As we know that according to GAAP, the inventory should be recorded at a cost or net realizable value whichever is lower
So as per the question
Historical cost is $12,000
And, the net realizable value is
= Expected selling price - expected selling cost
= $9,000 - $500
= $8,500
So, the lower cost is $8,500
Hence, the inventory should be recorded at $8,500