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stiv31 [10]
3 years ago
13

The operating cycle of a company is A : the average time required to produce goods for resale. B : one year long.

Business
2 answers:
astra-53 [7]3 years ago
8 0

Answer:

A : the average time required to produce goods for resale.

Explanation:

Operating cycle of a business involves obtaining cash for production, production of goods and sale of the goods to the customer for cash.

Some companies have extremely short operating cycle (such as retail business), while for others it is longer (for example real estate)

So the other option of operating cycle being one year is incorrect. Operating cycle is unique to the business and its market dynamics.

timofeeve [1]3 years ago
5 0

Answer: Question in incomplete as it is probably missing 3rd option C.

Which is "average time required to turning goods into cash".

Explanation:

Operating cycle depicts the length of time it takes a company to buy inventory, convert it into sales and collect the "accounts receivable" revenue from the sales.

A company with an extremely short operating cycle requires less cash to maintain its operations.

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On January 1, 2020, Green Corporation granted 28,000 shares of restricted $13 par value common stock to its CFO. The market pric
EleoNora [17]

The correct answer is $588000

<u>Explanation:</u>

As the restricted shares provided to the employees are recorded at the market value. The restricted shares have a vesting period which means the employee cannot sell the stock right away, for example the CFO might have to wait for 2 years before being able to sell the stock. Generally, the company will debit deferred revenue expense with the amount of $588000 currently and write off over the vesting period.

Amount of compensation expense that needs ot be recorded by Green on the december 31,2020 is $588000.

( 28000 shares multiply with $21 per share).

6 0
3 years ago
as discussed in your reading material,the word nature in the "nature versus nurture" argument refers mainly to
slega [8]
<span>As discussed in your reading material,the word nature in the "nature versus nurture" argument refers mainly to genetics.</span>
6 0
3 years ago
If an investment adviser representative transacting business in a state terminates employment with a state registered investment
Aleksandr [31]

Answer:

B

Explanation:

If an investment adviser representative transacting business in a state terminates employment with a state registered investment adviser, both the representative and the investment adviser must notify the Administrator promptly.

3 0
3 years ago
The Harvest Company sponsors a defined benefit pension plan. The following information pertains to that plan: Projected benefit
tia_tia [17]

Answer:

260 million. The answer is not in the available options.

Explanation:

Projected benefit obligation as at January 01, 2018 250

Add: Service cost 30

Add: Interest Cost (250*6%) 15

Less: Retiree benefits paid 35

Projected benefit obligation as at December 31, 2018 260

3 0
3 years ago
Suppose the U.S. GDP growth rate is faster relative to other​ countries' GDP growth rates. U.S. imports will therefore increase
Leni [432]

Answer:

Option (B) is correct.

Explanation:

If there is an any change in the GDP of a particular nation then as a result this will shift the demand curve. Increase in GDP or an increase in the income level of the people will shift the demand curve for goods rightwards. With the higher level of income, the consumer's demand for goods increases.

Any change in the price level of the goods will affect the quantity demanded for that goods and there is a movement along a demand curve.

5 0
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