When a company is based in Boston then it is considered to be a Northeastern company.
<h3>What is a company located in Boston called?</h3>
Boston is in the Northeast of the country and it is known for its history of industrial leadership.
A company that is based here would therefore be considered a Northeastern company which affiliates them with the excellence of Boston industrial production.
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Answer:
The correct answer is C
Explanation:
Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.
In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.
Therefore, the one which is not the function of money is that it has the operations in the open market.
Answer:
a. Accounted for prospectively
Explanation:
Warranty cost is an expense i.e. to be incurred for the repair or replacement of the goods comes under the warranty given by the company.
Here if there is a change in the rate i.e. used for determining the warranty cost so it would be accounted in prospectively manner i.e. it would be changed in the current period and also the amount should be estimated or predicted
Hence, the correct option is a.
B. 5
To compute stock turnover divide Sales/Average inventory
350/70= 5
Stock turnover is the amount of times inventory is sold in a given time period.
Randy hill wants to retire in 20 years with $1,000,000. if he can earn 10% per year on his investments, He needs to deposit $31,474 each year to reach his goal.
N = 15, I = 10, PV = 0, FV = 1,000,000. Solve for PMT: $31,474 (rounded).
investments are the determination of an asset to acquire an increase in value over a time period. investment calls for a sacrifice of some gift asset, which includes time, cash, or attempt. In finance, the motive of making an investment is to generate a return from the invested asset.
investment definition is an asset received or invested in to construct wealth and store money from the difficult earned profits or appreciation. funding that means is primarily to reap an extra supply of earnings or advantage benefit from the investment over a specific time period.
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