It notes the location, size, and shape of any improvements on a property.
<h3>What is
property?</h3>
Any item over which a person or a business has legal title is considered property. Property can refer to either real objects, such as houses, automobiles, or appliances, or intangible items with the promise of future value, such as stock and bond certificates.
There are three types of property in economics and political economy: private property, public property, and collective property (also called cooperative property).
Property is divided into two types: corporeal property and incorporeal property. Corporeal Property is seen and touched, whereas incorporeal Property is not. Furthermore, corporeal Property is the right to tangible possession, whereas incorporeal Property is an incorporeal right in rem.
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Answer:
a. Inventory Turnover:
= Cost of goods sold / Average inventory for the year
= 642,400 / 210,000
= 3.06
b. Number of days' sales in inventory
= Ending inventory / (COGS / 365)
= 156,409 / (642,400 / 365)
= 88.9 days
c. Accounts receivable turnover
= Net sales / Average Accounts Receivable
= 1,022,000 / 43,000
= 23.77 times
d. Number of days sales in accounts receivable
= Accounts Receivable at year end / (Net sales / 365)
= 22,400 / (1,022,000 / 365)
= 8 days
Answer:
Annual
Explanation:
The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent
Answer:
False
Explanation:
The interview process may or may not end depending on the type of interview conducted by the organization.
If it is on-spot offer: On-spot offer, interview the candidates and provide a spot offer and even do verification on the same day.
If it is walk-in: It depends on the process that the organization has planned each time. Mostly there will be multiple rounds, each will be conducted in one day depending on the strength of the candidate.
Job fairs: It is possible only to conduct the initial round. So it does not end in one day.
Answer:
$2.90 per unit
Explanation:
The computation of the cost per equivalent unit of conversion is attached below:-
The formulas are shown below:-
Equivalent material = Direct material × Percentage completion
Equivalent conversion = Conversion × Percentage completion
The cost per equivalent unit come from
= Total cost ÷ number of equivalent units
hence, the cost per equivalent unit of conversion is $2.90 per unit
