Social security for employee profiling,
insurances, and other employee and company benefits
Business permit, so that your business is legal
and has passed through the scrutiny of safety and reliability
<span>Tax
identification to ensure that in every
profit you gain, you will be giving a part of it to the country to improve its
services</span>
Answer:
A. $ 420,000
Explanation:
We have to find the missing information
Sales revenues 1,000,000
variable cost <u> (200,000)</u>
Contribution Margin 800,000
Fixed Cost <u> X </u>
Operating Income 380,000
Contribution margin - operating income = fixed cost
$800,000 - $380,000 = fixed cost
fixed cost = $420,000
Answer:
Faldo Corp
Customers are paying late by 6.5 days (51.5 - 45)
Explanation:
DSO = Accounts Receivable/Sales last year * 365 days
= $60,000/$425,000 * 365
= 51.5 days
Customers are paying late by 6.5 days (51.5 - 45)
b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable. This means that DSO measures how long it takes Faldo's customers to pay an invoice. Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year. This is then multiplied by 365 days.
Answer:
The statement is: True.
Explanation:
The Time Value of Money is a concept that states a dollar today is always worth more than a dollar tomorrow. The theory relies on the earning capacity of money. The approach is the reason why entrepreneurs prefer to capitalize on their investments the soonest so the more money available now will represent for them more money accrued in the future.
