Answer:
The answer is
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Explanation:
The yearly interest rate is 10%
So the interest rate for 90 days(assume 360 days make a year?
90/360 x 10%
2.5% is the interest rate for 90 days.
The interest payment for 90 days will be;
2.5% x $4,800
= $120
The entry will now be:
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Answer:
producing 200 units of Model A would be the best of the 25,000 lbs of steel and 4,000 zinc available
With a profit of 200 units x $90 each = 18,000 dollars
Explanation:
Model A contribution:
90 / 125 = 0.72
90 / 20 = 4.5
Model B contribution:
70/ 100 = 0.7
70/ 30 = 2.33
As model B generates lower contribution for both scarse resources is not convinient to produced altogether.
It should produce Model A as much as it can and only fill with Model B if needed
25,000 lbs of steel / 125 per Model A = 200 units of A
200 units of A x 20 lbs of zinc each = 4,000 lbs of zinc
producing 200 units of Model A would be the best of the 25,000 lbs of steel and 4,000 zinc available
B. False
As the market value of a public trade bond that has a broad market with frequent trading is determined by multiplying no of bonds by the bond's market price.
Finance is a wide time period that describes sports associated with banking, leverage or debt, credit, capital markets, money, and investments. basically, finance represents cash control and the procedure of acquiring wished budget.
The bond market—frequently referred to as the debt marketplace, constant-profits market, or credit marketplace—is the collective call given to all trades and troubles of debt securities. Governments commonly difficulty bonds so that they will increase capital to pay down money owed or fund infrastructural upgrades.
Learn more about The bond market here
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The answer is they have a comparative advantage in growing coffee. Comparative advantage is defined as the advantage an actor is given to produce goods and services at a lower cost. With the appropriate climate and terrain, South America need not to use more capital in producing coffee.
Answer:
The average number of times inventory is sold during the period.
Explanation:
Inventory turnover by definition is the relationship between inventories and the cost of goods sold by a firm. It measures on average, how many times the inventory was restocked and sold in the operating period.
A higher number usually suggests a healthier operation cycle for a business.
It is measured by,
Inventory turnover = Cost of goods sold / Average inventory
Option 1 and Option 3 are related to the performance of accounts receivables. Option 3 is the closest to above mentioned definition. Option 4 is only measuring the inventory clearance time.
Hope that helps.
