Answer:
Explanation:
Using or applying a Net 30 payment terms, having an average collection time of 75 days with the customers, Hanson's furniture store, are to either reduce their store credit option, so as to encourage let's say within 45% of their store credit customers to be able to pay upon receipt, or reduce their operating period. Which is the best option for the store to maintain minimum cash balance.
FALSE
All animals do not have the same capacity for language as humans. Only apes have the ability to understand symbolic language. But no other animal has any capacity as given in the statement
Answer:
Countries in the modern age stay poor because they do not have the privilege of having a country that cares about its people. Typically these countries have been involved in some sort of conflict with other nations or with themselves. A country like Mozambique would be considered poor because their political leaders during the age of the soviet union thought all the money would be in Communism which turned out to not be true.
Explanation:
Answer: 10.2%
Explanation:
The formula to solve this question will be: Re =D1/P0(1 - float) + g
where,
D1 = $2.00
P0 = $40
Float = 4% = 4/100 = 0.04
g = 5% = 5/100 = 0.05
We will then solve Myers' cost of new external equity by slotting the values into the formula written. This will now be:
Re =D1/P0(1 - float) + g
= 2/40(1 - 0.04) + 0.05
= 2/(40 × 0.96) + 0.05
= 2/38.4 + 0.05
= 0.052 + 0.05
= 0.1020
= 10.2%
Myers' cost of new external equity will be 10.2%
Answer:
open an new office because the expected marginal benefit ($12.5 million over 5 years) is greater than the estimated marginal cost ($7 million)
Explanation:
The computation is shown below;
Given that
Total marginal benefit = 12.5 million
And, the Total marginal cost = 7 million
Based on the above information
We can see that the new office should be opened as the marginal benefit would be more than the marginal cost
Therefore the first option is correct
And, the rest of the options would be incorrect
