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Nana76 [90]
4 years ago
15

Suppose that LilyMac Photography has annual sales of $290,000, cost of goods sold of $155,000, average inventories of $3,500, av

erage accounts receivable of $21,000, and an average accounts payable balance of $10,000. Assuming that all of LilyMac's sales are on credit, what will be the firm's cash cycle?

Business
1 answer:
Sliva [168]4 years ago
8 0

Answer:

11.12

Explanation:

See attached files

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On January 1, 2021, Jasperse Corporation leased equipment under a finance lease designed to earn the lessor a 12% rate of return
katen-ka-za [31]

Answer:

$442,977.5

Explanation:

Calculation for what amount will Jasperse record a right-of-use asset

Right of use asset = ($75,000 -$5,000) x PVAD, 12%, 10

Right of use asset =$70,000*6.32825

Right of use asset =$442,977.5

Therefore what Jasperse will record a right-of-use asset will be $442,977.5

4 0
3 years ago
What is Baruch Shemtov's product, and how did he begin creating it?
N76 [4]

Answer:

Baruch Shemtov's product is tie

Explanation:

Baruch Yehudah Shemtov  was born on September 22, 1987.

Baruch has passionate about the design and the fashion from his young age, he was launched his first line of ties at just age 15 years.

he is a fashion entrepreneur since his junior class of high school

Today also Baruch ties routinely sellout in the tony department store and online

Baruch neckties and all accessories are made in USA

and In 2013, he launched boy ties collection and he coordinating with father-son neckties range at Bergdorf Goodman

5 0
3 years ago
Imagine that you have located an article by two authors, Smith and Jones. You would like to integrate this article into your pap
Bezzdna [24]

Answer:

I think that it is C I am not sure tho

Explanation:

8 0
3 years ago
The cruise ship sector is one branch that still relies on retail travel agents.
sergeinik [125]

You are here: HomeBlogsjozo's blog

Who are the biggest companies in the cruise retail Industry?

Jun 29, 2018

As the cruise industry continues to expand rapidly around the world the growth in the onboard cruise retail market is significant. This year just about every major cruise line will have a new ship with wide public and commercial spaces dedicated for retail shops. The biggest companies operating in cruise retail sector are Starboard Cruise Services, Harding Retail, and Dufry Ltd.

With retail shops operating on 96 cruise ships, Starboard Cruise Services has firmly established as the largest and dominant cruise retailer in the world with the biggest share in the cruise retail market.

This year Starboard Cruise Services, which is part of LVMH Moët Hennessy Louis Vuitton, celebrated its 60th anniversary with the debut of its newest innovative retail concepts of exclusive shops and brands on the industry's newest and largest cruise ships, including Carnival Horizon, Royal Caribbean's Symphony of the Seas and Celebrity Edge. Other newly executed retail contracts have been signed with Norwegian Cruise Line to operate retail on three of their newer ships and a multi-year contract with Costa Cruises including the new Costa Smeralda launching in 2019 and Royal Caribbean’s Spectrum of the Seas.

5 0
3 years ago
Read 2 more answers
The salary foregone by a person who quits a job to start a business is an example of a(n) ________. Select one: A. depreciable c
Arturiano [62]

Answer:

C. opportunity cost

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

For example, let us assume that Amanda leaves her job where she earns $250,000 to start a business where she earns $500,000. Her opportunity cost is $250,000 which is the salary she forgoes when she decided to start her business.

I hope my answer helps you

3 0
4 years ago
Read 2 more answers
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