Focus on core tasks
Lower costs
Promote growth
Maintain operational control
Offer staffing flexibility
Provide continuity and risk management
Develop internal staff
Answer:
$43,745
Explanation:
Calculation for what the Capital account reported on the Statement of Owner's Equity at the end of the month would be
Using this formula
Ending Capital Balance = Cash (1)+ Photography equipment (2) +Cash for services provided (4)+Services to customers on account (6)- Monthly rent(7)- Utility (9)
Let plug in the formula
Ending Capital Balance = $13,800 + $23,000 + $6,000 + $3,050 - $1,800 - $305
Ending Capital Balance= $43,745
Therefore the balance in the Capital account reported on the Statement of Owner's Equity at the end of the month would be: $43,745
Total caloric restriction over 6 moths:
10%*350 pounds = 35 pounds.
35 pounds * 3,500 calories per pound = 122,500 total calories.
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If weigh loss period is 27 weeks, divide by total number of weeks:
122,500 calories/ 27 weeks = 4537 calories per week
and by number of days (27 weeks= 189 days)
122,500/189 = 648 calories per day
Managers, this is symbolic of how business is run in U.S. culture.
Answer:
The 50.30 days are required to take its credit customers to pay for their purchases.
Explanation:
For computing the average collection period, we have to use the formula of the average collection period.
Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year
= $107,900 ÷ $783,000 × 365
= 0.13780 × 365
= 50.30 days
We assume 365 days in a year
The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.
Hence, 50.30 days are required to take its credit customers to pay for their purchases.
