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photoshop1234 [79]
3 years ago
7

Assuming that the quantities of inventory on hand during the current year were sufficient to meet all demands for sales, a decre

ase in the inventory turnover for the current year when compared with the turnover for the preceding year indicates an improvement in inventory management.True / False.
Business
1 answer:
olga_2 [115]3 years ago
6 0
The answer would be false!
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A promissory note:
Travka [436]

Answer:

d. is a written promise to pay a specified amount of money at a certain date.

Explanation:

A promissory note, also known as note payable, is a financial instrument used when you borrow or loan money, it establishes the terms and details of the agreement (amounts, interests, late fee, <em>maturity date,</em> etc.). <em>It consists of a written promise where the issuer promises to fulfill the terms and to pay to the payee on the determined date.</em>

I hope you find this information useufl and interesting! Good luck!

8 0
3 years ago
Which of the following types of pronouncements are intended to establish the objectives and concepts that the FASB will use in d
mezya [45]

Answer:

The correct answer is option A) Statement of Concepts

Explanation:

The Financial Accounting and Standard Board (FASB) pronouncements intended to establish the objectives and concepts that the FASB will use in developing standards of financial accounting and reporting is Statement of Concepts.

Statement of Concepts is intended to serve the general interest of the public by setting the objectives, characteristics, specific qualities, and other parameters that guide selection of economic concepts that will be recognized and reflected in financial statements for financial reporting.

Statement of concepts guide the FASB in developing well researched and informed accounting principles that reflects the contents and inherent limitations that will be used in developing standards of financial accounting and reporting.

7 0
3 years ago
Yuki is part of a sales team. He effectively coordinates his tasks with others in the team and willingly contributes to their ef
bulgar [2K]

Answer:

d.Level 2

Explanation:

Based on the information provided within the question it can be said that Yuki is in the level 2 of the level-5 leadership pyramid. This level emphasizes an individuals contributions towards the other members of a group and adding their individual capabilities to the group in order to help the group achieve their overall goals. Which is exactly what Yuki is doing as described in the question.

5 0
3 years ago
Maria's budget was almost gone on her project but she still had a few tasks
daser333 [38]

Answer:d

Explanation: she should try to find ways to cut back on or cancel a remaining task

5 0
3 years ago
After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $11,500 price, but financing
aksik [14]

Explanation:

I = Prt

I = (10000)(.11)(4) = $4400

Total Cost = Down Payment + Principal Borrowed + Interest

Total Cost = 2000 + 8000 + 4400

= $14,400

Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments

Monthly Payment = (10,000 + 4400) / 48

= $300

APR= (2 × n × I) / [P × (N + 1)]

APR = (2 × 12 × 4400) / [10,000 × (48+1)]

= 21.55%

3 0
3 years ago
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