1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-Dominant- [34]
3 years ago
13

A lockbox plan is most beneficial to firms that Select one: a. have widely dispersed manufacturing facilities. b. have a large m

arketable securities portfolio and cash to protect. c. receive payments in the form of currency, such as fast food restaurants, rather than in the form of checks. d. have customers who operate in many different parts of the country. e. have suppliers who operate in many different parts of the country.
Business
1 answer:
Anestetic [448]3 years ago
8 0

Answer: d. have customers who operate in many different parts of the country

Explanation: When checks are to be collected from customers of a business that are spread over a wide geographical area, a lockbox plan is employed in order to speed up the collection of checks. It involves the customers dropping their checks in the lock boxes rather than mailing it to the business thus, the use of lockboxes help reduce mail float.

You might be interested in
According to Michael Kremer, large populations: a. require the capital stock to be spread thinly, thereby reducing living standa
frozen [14]

According to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

<h3>Who is Michael Kremer?</h3>

Michael Kremer is an American development economist and a Nobel Prize winner for developing an innovative economic theory for poverty alleviation, especially in large populations.

Michael Kremer did not think that large populations disadvantaged the nation, but it could be a factor in increasing the living standards through technological advances.

Thus, according to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

Learn more about economic theories at brainly.com/question/1366201

#SPJ12

5 0
2 years ago
A small delivery truck was purchased on January 1 at a cost of $25,000. It has an estimated useful life of four years and an est
Blababa [14]

Answer:

depreciation expense        accumulated deprecation      book value

$5,000                                   $5,000                                        $20,000

$5,000                                     $10,000                                      $15,000

$5,000                                     $15,000                                      $10,000

$5,000                                     $20,000                                      $ 5000

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($25,000 - $5000) / 4 = $5,000

Book value in year in subsequent years = previous book value - that year's depreciation expense

Year 1's book value = $25,000 - $5000 = $20,000

Year 2's book value =  $20,000 - $5000 = $15,000

Year 1's book value = $15,000 - $5000 = 10,000

Year 1's book value = $10,000 -  $5,000 = $5,000

Accumulated depreciation is sum of depreciation expense

Year 1 = 5,000

year 2 = 5000 x 2 = 10,000

year 3 = 5000 x 3 = 15,000

year 4 = 5000 x 4 = 20,000

6 0
3 years ago
When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.
sineoko [7]

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

7 0
3 years ago
As a politician, you would be more inclined to propose an increase in the minimum wage when you believe that the new minimum wag
scoundrel [369]
The answer is c. Be equal to the equilibrium wage.
3 0
3 years ago
In its​ year-end income​ statement, Black Knights Company reported cost of goods sold of​ $450,000. Changes occurred in several
torisob [31]

Answer:

The answer is $330,000

Explanation:

Cash paid to suppliers is the total amount of cash paid to its creditors.

We can find that through:

Cost of sold

Minus: Decrease in inventory

Plus: Decrease in accounts payable

=Cash paid to suppliers.

Now let's start:

Cost of sold - $450,000

Decrease in inventory - $160,000

Decrease in accounts payable- $40,000

$450,000 - $160,000 + $40,000

=$330,000

Therefore, Cash paid to suppliers is $330,000

5 0
2 years ago
Other questions:
  • For each of the following transactions, identify the net asset classification (without donor restrictions, with donor restrictio
    14·1 answer
  • Snackyville sells a wide variety of snacks to retail grocery stores. Snackyville recently released two new snacks: a popular tra
    8·1 answer
  • In a periodic inventory system, the cost of purchases is debited to: Inventory. Purchases. Cost of goods sold. Accounts payable.
    6·1 answer
  • Within her role as a small business consultant, Alexa analyzes how organizations fit into their industries, the communities, and
    9·1 answer
  • Which of the following is not part of the process for assessing security controls according to NIST SP 800 53A 1?
    8·1 answer
  • Rockland Corporation earned net income of $300,000 in 2014 and had 100,000 shares of common stock outstanding throughout the yea
    6·1 answer
  • Jim receives the following information on his project: PV = 1000, EV = 1200, AC = 800, BAC = 2000, EAC = 1333. How is the projec
    11·1 answer
  • The laser printer in your home office needs to be replaced. You have been using it to print the normal number of pages that resu
    8·1 answer
  • As a manager, if you wanted to influence what employees do in situations lacking clear company rules or expectations, what shoul
    7·1 answer
  • Special hotel accounts for a company that has established credit with a hotel are called?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!