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Yuliya22 [10]
3 years ago
10

After struggling with the accounting training, Peter is unsure whether he can complete the end-of-year financial reporting with

no errors in the time allotted. In this case, Peter is low on the ______ element of expectancy theory.
Business
1 answer:
aalyn [17]3 years ago
8 0

Answer: expectancy

Explanation:

From the question, we are informed that Peter struggled with the accounting training, and as a result is unsure whether he can complete the end-of-year financial reporting with no errors in the time allotted.

This shows that Peter is low on the expectancy element of expectancy theory. Expectancy element in the expectancy theory is when one has the belief that his or her effort will lead to the achievement of ones goals and objectives.

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The following data are taken from the financial statements of Marigold Company: 2022 2021 Average accounts receivable $539,000 $
NARA [144]

Answer:

2021 = 9.2 times

2022 = 10.4 times

Explanation:

Accounts receivable turnover measure the average times the company received their receivable, It measure the efficiency of the company regarding collection from customers. Turnover will be higher if company has low ratio of receivables to sales value.

                                                    2022         2021

Average accounts receivable $539,000    $577,000

Net sales on account              $5,605,600 $5,308,400

Accounts receivable turnover = Net Sales  / Average Receivable

2021

Accounts receivable turnover = $5,308,400  / $577,000

Accounts receivable turnover = 9.2 times

2021

Accounts receivable turnover = $5,605,600  / $539,000

Accounts receivable turnover = 10.4 times

3 0
3 years ago
Read 2 more answers
Ten years ago you put $150000.00 into an interest earning account. Today it's worth $275000. What is the effective annual intere
Nikolay [14]

Answer:

the effective annual interest earned on the account is 6.25%.

Explanation:

The effective annual interest earned on the account can be calculated as follows :

PV = - $150,000

N = 10

PMT = $0

P/yr = 1

FV = $275,000

R = ?

Using a Financial calculator, the  effective annual interest, R, earned on the account will be : 6.2488 or 6.25%.

3 0
4 years ago
What is morale? apparently the question was too short so this is filler
Lostsunrise [7]
A person's psychological condition as reflected in self-assurance, motivation and/or commitment to a cause or organisation. Morale flows from the confidence of the people regarding the righteousness or worth of their acts and the expectation of potential high rewards (material or otherwise).
3 0
3 years ago
. Chandler Tire Co. is trying to decide which one of two projects it should accept. Both projects have the same start-up costs.
Alex787 [66]

Answer:

So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33  more than Project 1

Explanation:

<em>To determine which project to be selected, we will compute the  present value (PV) of the two projects and select the  one with a higher PV.</em>

Present value is the today worth of the future cash inflows from a project. The higher the present value the more wealth is been created. So a project with a higher PV is better if two are been compared.

So when comparing two projects, the one with a higher PV is better.

<em>PV of Poject 1 </em>

PV = 52,000 × 1-(1.015)^(-6)

$196,793.10

<em>PV of Project 2</em>

PV = 48,000 × 1- (1.015)^(-8)

$215,391.43

So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33  more than Project 1

4 0
3 years ago
An annuity Question 6 options:
Nady [450]

Answer:

is a level stream of equal payments through time.

true. The payments will  remain at the same levle for the entire period of the annuity until maturity.

Explanation:

is a debt instrument that pays no interest.

FALSE the annuity does provide interest  for each period when is prepared.

Has no value.  

FALSE the annuity can be saled in the secondary market pretty much anitime.

is a stream of payments that varies with current market interest.

FALSE the payment will be the same regardless of the interest rate.

5 0
3 years ago
Read 2 more answers
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