If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.
Answer:
The correct answer to the following question is option C) compare the daily cash receipts totals with the bank deposits.
Explanation:
When cash receipts are received by a company, it is often deposited in bank on the bank the same day they are received or they should be deposited the following business day. If a auditor or a manger or owner wants to make sure that the cash is promptly deposited everyday, then one way in which he or she can make sure that this is happening promptly is by comparing the daily cash deposits with the bank deposits or bank statements, through this procedures a person comparing them would come to know of any discrepancy in cash deposit, if it exist.
Overall asset turnover is computed as internet sales divided via common total assets.
Asset turnover is the ratio of overall sales or revenue to average property. This metric facilitates buyers to apprehend how efficaciously groups are using their assets to generate income. traders use the asset turnover ratio to examine similar corporations inside an equal area or organization.
A higher ratio is favorable because it suggests a more green use of belongings. Conversely, a decreased ratio suggests the organization isn't using its belongings as effectively. This is probably because of extra production capability, terrible series strategies, or bad stock control.
The asset turnover ratio is the ratio between the cost of a business enterprise's sales or revenues and the fee of its property. it's far an indicator of the efficiency with which an employer is deploying its assets to provide sales. as a consequence, the asset turnover ratio can be a determinant of an organization's performance.
Learn more about asset turnover here: brainly.com/question/15413308
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<span>The velocity of money is not the money supply divided by nominal gdp, nor the long-term growth rate of the money supply. It is not the rate at which the fed puts money in the economy but it is the average number of times per year a unit of money (dollar) is spent. </span>
Answer:
a) $8.00
Explanation:
Beginning work in progress, conversion $15,900
Conversion costs incurred during period $26,500
Total costs to account for $42,400
Cost per equivalent unit for conversion = $42,400/5,300
= $8.00
Therefore, Department X's cost per equivalent unit for conversion costs using the weighted average method would be $8.00
