Answer and Explanation:
The cash conversion cycle refers to the cycle which includes the days inventory outstanding and days sales outstanding and deduct the days payable outstanding
The cash cycle = Days inventory outstanding + days sale outstanding - days payable outstanding
The computation is shown in the attachment below:
As we can see in the attachment the new proposed policy i.e 234.19 days would decrease the cash conversion cycle by 24.27 days as compared with the current proposal policy i.e 258.46 days
Answer:
manufacturing overhead
Explanation:
To record the utility expense in a job order cost system, the manufacturing overhead account is debited as it has come under the manufacturing overhead cost like indirect material, indirect labor, rent on the factory, insurance of factory, etc
So, only the manufacturing overhead account is debited as the utility expense is incurred
Answer:
Yes, Sarah can revoke the gift to her friend.
Explanation:
Gift is the transfer of property from one person, usually the donor(giver) to another person, donee(receiver) without expecting any thing like compensation in return. Gift can be given or transfered to either an individual or organization.
A gift can be revoked by the donor in law. Such gift is called Causa Mortis Gift.
Causa Mortis Gift is a gift given or transfered in expectation of death of the donor. Where a donor gives out his/her gift during the course of undergoing major surgery, such could also be called Causa Mortis Gift. This type of gift can be revoked anytime before the donor's death or recovery from surgery or illness and cannot be revoked after his/her death.
Answer:
The answer is Option C
Explanation:
Any event that would either decrease the demand for loanable funds or increase the supply of loanable funds will decrease the equilibrium interest rates. Supply of loanable funds is affect by the amount of national savings. National savings in turn, is the sum of private savings, public saving and net capital inflow.
In option C, capital inflows are increasing. This means that there would be an excess supply of money in the economy which can be converted into loanable funds. This would, therefore, push the supply curve to the right thereby reducing the real interest rate equilibrium.
<span>It's hard to say definitively what the impact would be because the answer depends on how much gasoline costs affect overall inflation, but we can say in what direction this technology would push interest rates, all other things being equal.
First, it's important to understand that interest rates vary depending on inflation, or the rate at which money becomes less valuable.
Because the technology is quite expensive in the short run, a lot of borrowing may be necessary to develop it. Even if that were not the case, the cost to develop the technology would be reflected in prices throughout the economy, so the pressure would be inflationary. More inflation causes higher interest rates.
However, in the long run, the technology causes gasoline prices to go down (and demand for loans to go down with it). Because so many goods in our economy have to be moved or produced or both using electricity, or gasoline, or oil, the prices for everything would likely go down as the cost of these goods went down. Then the impact would be deflationary. Lower inflation rates lead to lower interest rates.</span>