Answer:
The accounts receivable turnover of Kelly for the year is 7.8
Explanation:
The formula for computing the accounts receivable turnover of Kelly for the year is as:
Accounts receivable turnover = Net Credit Sales / Average Accounts receivable
where
Net credit sales amounts to $820,000
Average accounts receivable formula is as:
Average accounts receivable = Beginning Accounts receivable + Ending Accounts receivable / 2
= $95,000 + $115,000 / 2
= $210,000 / 2
= $105,000
So, putting the values above as:
Accounts receivable turnover = $820,000 / $105,000
Accounts receivable turnover = 7.80
You would invest $200.
500 x .08% = 40
40 x 5 = 200
F,c,because those are the really the things you look for in a John
Answer:
Real cost of the tv= $1104
Explanation:
Giving the following information:
You can buy a TV now, and wait a year to pay (with no interest).
So, if you take home a $ 1,150 TV today, you will owe them $ 1,150 in one year.
Your bank is offering 4 % interest, you can lend the $1,150 to the bank and profit from the interest generated.
We need to use the following formula:
FV= PV*(1+i)^n
FV= Final value
PV= present value
i= interest rate
n= number of years
FV= 1150*(1.04)^1= $1196
Real cost of the tv= 1150- 46= $1104
Assault and battery because Battery is a criminal offense involving the unlawful physical acting upon a threat, distinct from assault which is the act of creating apprehension of such contact. In the United States, criminal battery, or simply battery, is the use of force against another, resulting in harmful, offensive or sexual contact.
