Answer:
<u>C. stocks that are frequently in the news</u>
Explanation:
- It is an accounting ad financial analysis usually analyzed by the business assets, liabilities, and earnings. Related to the interest-earning and the production, earnings, employment, GDP, housing and manufacturing. conducting a company's stock valuation.
- And is used to find out the internist's values of share. It often includes the industrial, economic, and company analysis. The port foils style includes Buy and holds investors, value investors.
The minimum requirement of salary = $53760
<u>Explanation:</u>
Cost of living in city is 12 percent higher than where Luke Anderson lives. So, Luke Anderson will require 12 percent higher salary than existing salary in order to maintain the existing standard of living
<u>The calculations are as follows.
</u>
Current salary of Luke Anderson = $48000
12 percent increase = 48000 multiply with 12 percent = 5760
Thus, the required minimum salary = 48000+ 5760 = 53760
So, Luke Anderson will require minimum salary of $53760
Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200
Explanation:
Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.
The supplies expenses of $4200 was gotten as:
= $6000 - $1200
= $4800
Therefore, the correct option is D.
.
Entrepreneurs do not use distributors to purchase resources and invest in the production of goods so this statement is FALSE.
<h3>How do Entrepreneurs purchase resources?</h3>
Entrepreneurs are able to invest in the production of the goods and services they provide by using their own funds and liability.
They do not use distributors but rather foot the bills as well as getting loans to be able to engage in the purchase of resources.
Find out more on Entrepreneurship at brainly.com/question/13628349
#SPJ1
Answer:
Receivable turnover ratio = 8.1 times
Account receivable days = 44.9 days
Explanation:
<em>Th account receivable days is the average length of time it takes a business to collect amount due on account from customers</em>
A<em>ccount receivable ratio = Net sales /Average account receivable</em>
<em>Account receivable days = (Average receivable/Net sales) × 365 days</em>
<em>Average account receivable</em>
= (Receivable at the beginning + Receivable at the end)/2
= ( 4,830+ 5,130)/2
=4980
<em>Note that the accounts receivable balance at the end of 2015 will be the opening balance at the beginning of 2016. The closing balance of 4,830 of 2015 will be the opening balance for 2016</em>
Receivable turnover ratio
=45,500/4980
= 8.1 times
Account receivable days
= (4980/45,500)× 365 days
= 44.9 days
