Answer:
California Scientific provides for their long-term funding needs through "<em>Equity Financing".</em>
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Explanation:
Equity financing is the process of raising capital through the sale of shares.
Answer:
$97,000 ; 26.25 days
Explanation:
The computations are shown below:
1. The cash collected would be
= Sale value of goods × (1 - discount rate)
= $100,000 × (1 - 3%)
= $100,000 × 0.97
= $97,000
2. The days sales outstanding would be
= Number of days for advantage × advantage percentage + remaining percentage × average days to pay off their accounts
= 10 days × 35% + (1 - 0.35) × 35 days
= 3.5 days + 22.75 days
= 26.25 days
Answer:
Political risk
Explanation:
Political risks are risks that are associated with changes that take place within a country's policies, business laws, or investment regulations. Other factors that can lead to political risks include international relationships and any other situation which may have an effect on the economy of a given country.
Political risk is a risk of losing money which may be due to unstable governments, economies or vulnerable countries.
In terms of establishing an account receivable billing policy
and procedure includes the determining or knowing the number the days that has
been done between billings because this is essential to know if the policy is
upheld and proper procedures is being done.
Answer:ummarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma
Paper Clip Company sells office supplies. The following information summarizes the company's o
Explanation:ies for the store $ 10 comma 300 Sales commissions 10 comma 300 Sa
ies. The following information summarizes the company's operating activities for the year: Utilities for the store $ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of merchandise 89 comma 000 January 1 inventory 27 comma 400 Rent for st