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Vladimir79 [104]

4 years ago

7

There are four general ways of making observations: (1) direct versus indirect, (2) overt versus covert, (3) structured versus u

nstructured, and (4) in situ versus invented. True or false?

1 answer:

torisob [31]4 years ago

7 0

Answer:

False

Explanation:

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Plainville Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?

devlian [24]

Answer:

Inventory cycle = <u>Inventory </u> x 365 days

Cost of goods sold

Inventory cycle = <u>$75,000</u> x 365 days

$360,000

= 76.04 days

Receivable days = <u>Accounts receivable</u> x 365 days

Sales

= <u>$160,000</u> x 365 days

$600,000

= 97.33 days

Payable days = <u>Accounts payable</u> x 365 days

Cost of sales

= <u>$25,000 </u> x 365 days

$360,000

= 25.35 days

Cash conversion cycle

= Inventory cycle + Receivable days - Payable days

= 76.04 days + 97.33 days - 25.35 days

= 148.0 days

Explanation:

Cash conversion cycle is calculated as raw inventory cycle plus receivable days minus payable days. Inventory cycle is the ratio of inventory to cost of goods sold multiplied by number of days in a year. Receivable days refer to the ratio of accounts receivable to sales multiplied by number of days in a year. Payable day is the ratio of accounts payable to cost of goods sold multiplied by number of days in a year.

6 0

3 years ago

Find the final amount of money in an account if $ 8 , 000 is deposited at 5 % interest compounded semi-annually and the money is

Vika [28.1K]

Answer: $12477.27

Explanation:

The formula to find the compound amount after t years (compounded semiannually) :-

$A=P(1+\dfrac{r}{2})^{2t}$

Given : Principal amount : P = $ 8,000

Rate of interest : $r=0.05$

Time : 9 years

Now, $A=8000(1+\dfrac{0.05}{2})^{2\times9}$

$A=8000(1+0.025)^{18}=12477.2697417\approx\$12477.27$

The final amount in the account will be $12477.27

5 0

3 years ago

Conservatism implies that investors are too __________ in updating their beliefs in response to new evidence and that they initi

rewona [7]

Answer: d. slow; under react

Explanation:

Conservatism is simply when there is traditional beliefs in the society and opposition the individuals are opposed to rapid changes.

Conservatism implies that investors are too slow in updating their beliefs in response to new evidence and that they initially under react to news.

3 0

4 years ago

Advantages of Intercrop vegetable farming

tresset_1 [31]

Answer:

Diversity and stability of fields.

Reduction in chemical or fertilizer application.

A complementary sharing of plant resources, such as Nitrogen from N fixing plants.

Weed suppression, and a reduction in susceptibility to insects and disease.

7 0

3 years ago

Mini Corporation factored, with recourse, $600,000 of accounts receivable with Huskie Financing. The agreement met all three con

tatiyna

Answer:

Assets:

Cash (600,000x92%) I552000

Due from factor I18000

Accounts receivable D600000

Liabilities:

Recourse obligation I14400

Equity:

Loss on sale of receivable D44400

Explanation:

First, we have to calculate Loss on Sale of Receivable

Accounts receivable factored 600,000

Finance charge (8% -3%) 5%

Finance charge on receivables (600,000 x 5%) 30,000

Hold back (%) 3%

Due from factor (600,000 x 3%) 18,000

Recourse obligation (600,000 x 2.4%) 14,400

Loss on Sale of Receivable (30,000 + 14,400) 44,400

Now, we show the effect of factoring:

-------------------------------------------------------------------------------------------------------------------------------------------------------

Assets Liabilities Equity

--------------------------------------------------------------------------------------------------------------------------------------------------------

Cash (600,000x92%) I552000 Recourse obligation I14400 Loss on sale of receivable D44400

Due from factor I18000

Accounts receivable D600000

Hope this helps!

6 0

3 years ago