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3 years ago

How much time from shady grove to union station?

1 answer:

7 0

<span>As far as I understand, the question is about stations on the Washington D.C Metro. In case I am correct, it usually takes 30-40 minutes to get from Shady Grove to the Union Station stop. Of course, it does depend upon the time of day, so in rush hours it can take about one hour. </span>

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Businesses hold short-term securities for which of the following reasons

Burka [1]

Answer: Option D

Explanation: Short term investments can be defined as the liquid investments that are expected to be sold or be converted into cash within a particular time period, generally a year or operating cycle of the company. Primary examples are commercial paper and US treasury bills.

These are generally used to have cash availability at short term notice in the entity or for some future project funding investment. For bad debt buffering specific provisions are made.

5 0

3 years ago

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of tea, one biscuit, a

umka2103 [35]

Answer:

1. Deflation

-10%

2. In year 1 - 8 baskets

In year 2 - 8.9 baskets

3. The value of money increases

Explanation:

Deflation is a fall in general price levels. The price fell from $10 to $9. It indicates deflation has occured.

Inflation is a rise in price level.

Annual rate = (current year price - previous year price ) / previous year price

(9 - 10) / 10 = -0.1 = -10%

The annual change is negative because price level fell.

$80 would buy $80/$10 = 8 baskets of goods in year 1

$80 Will buy $80/$9 = 8.9 baskets of goods in year 2.

A fall in price levels increases the value of money because less money can buy the same basket of goods. Therefore, the purchasing power of money increases.

5 0

3 years ago

Speedy Delivery Company purchases a delivery van for $36,000. Speedy estimates that at the end of its four-year service life, th

OverLord2011 [107]

Answer: Straight line method is $7,400 per year.

Double declining balance method is $ 14,800 per year.

Explanation:

Depreciation on a straight line basis is calculated thus:

Cost - Residual value/ useful life

= (36,000 - 6,400)/ 4

= 7,400 per year

Depreciation on double declining method is calculated thus:

100% / useful life

100%/4 = 25

25%*2= 50%

Cost - residual value * 50%

36,000 - 6,400* 50%

29,600* 50%

=$14,800 for the first and second year

5 0

3 years ago

Kaspar Industries expects credit sales for January, February, and March to be $205,200, $266,800, and $316,800, respectively. It

Mrrafil [7]

Answer:

Results are below.

Explanation:

Giving the following information:

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

Sales:

January= $205,000

February= $266,800

March= $316,800

Cash collection January:

Sales in cash from January= 205,000*0.75= 153,750

Total cash collection January= $153,750

Cash collection February:

Sales in cash from February= 266,800*0.75= 200,100

Sales in account from January= 205,000*0.25= 51,250

Total cash collection February= $251,350

Cash collection March:

Sales in cash from March= 316,800*0.75= 237,600

Sales in account from February= 266,800*0.25= 66,700

Total cash collection March= $304,300

7 0

3 years ago

The market for electric cars is growing substantially. By contrast, after recent scandals involving high pollution levels, Diese

aleksklad [387]

Answer:

decline.

Explanation:

The decline stage of the product's life cycle is marked by declining sales and product profitability. Generally, in this phase, the product begins to be replaced by new technologies, becomes outdated and goes into disuse.

It is important for companies to be aware that when entering this phase, the product needs redesign planning, so that improvements are implemented that make it updated to be relaunched in the market and then start another life cycle.

8 0

3 years ago