Answer:
a) yes
b) no
c) yes
d) no
Explanation:
a) if the A/R balance grow higher than the sales is an indicator that our collection cycle increase thus, customer extend their financiation providing less cash flow
b) this is the opposite as (a) here we extend our financing agaist our suppliers. The payment cycle increases thus, decreasing the overall cash demand
c) If the assets were puirchased on cahs a huge amount was used alrady affecting the liquidity of the company.
If the company finance the purchase of the long term assets, in the future the company will have to dedicate a portion of their future cahs flow to pay up interest and principal which is what we should analize; wether or not the company will have difficulties in the future and the answer is yesin both scenarios.
d) no. It will not, as marketable securities are generally short-term and easily converted into cash in the short term. They do not generate cash flow problems in the long run as the company can sale them anytime to obtain cash.
Explanation:
In the scenario described by the question above, we saw that the main problems in the workplace begin with the hiring of Professor Richard, this is due to the fact that a Catholic school is based on values and dogmas that are religious symbols of tradition, respect and culture.
A religious dogma is one considered the fundamental and indisputable point of a belief.
Therefore, at the time of the job interview, Richard gave the impression that his beliefs were aligned with those of the school and the Catholic spirit, but nevertheless, he posts extensive social media where he criticizes and defends values contrary to those of the Catholic institution he works for. , which generated revolt in the parents of the students and culminated in their contractual termination.
In return, the school should establish clearer and more effective conduct policies for employees, especially in an institution based on specific values.
The school should better analyze Richard's professional conduct before terminating his contract, making it clear to him that, regardless of his individual positions, in the workplace he should act in accordance with the company's current rules and procedures.
Power retailers are the stores that rely on their large size and very deep selection to try to dominate the market.
Specialty stores are small, so you can eliminate that option immediately. Department stores are usually found within another store, so that's not correct too. Discounters don't have a very deep selection, they usually sell a lot of various things. Anchor stores are found within malls, so that's incorrect too.
Answer and Explanation:
The journal entries are shown below:
1. Cash Dr $1,000,000
To Bond payable $1,000,000
(Being the issuance of the bond is recorded)
For recording this we debited the cash as it increased the assets and credited the bond payable as it also increased the liabilities
2. Interest Expense Dr ($1,000,000 × 5% × 1 ÷ 2) $25,000
To Cash $25,000
(Being the interest expense is recorded)
For recording this we debited the interest expense as it increased the expense and credited the cash as it decreased the asset
Answer:
W = $27.34
Explanation:
Given data:
Percentage Decline in average income is = 2%
CPI in 1990 1.30
CPI in 2000 is 1.69
Average nominal wage is 2000 is $35
Inflation rate is given as
Inflation rate = % Change in CPI
= (1.69 / 1.3) - 1
= 1.3 - 1 = 0.3 = 30%
Real wage = Nominal wage / Price level, hence
Percentage change in real wage = % Change in (nominal wage - inflation rate)
-2% = % Change in nominal wage - 30%
% Change in nominal wage = 28%
let nominal wage in 1990 is w
W\times 1.28% = $35
solving for W = $27.34
