The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with receipt of cash.
<h3><u>
What is a merchandise?</u></h3>
- Any form of items, including those used for personal or professional purposes, as well as goods sold to the general public (retail) or other enterprises, are referred to as merchandise (wholesale).
- 'Freebies', or promotional things like the bespoke drink bottles in this example that are given away or not charged for, can also be referred to as merchandise.
- Calendars, magnets, wall art, stationery, greeting cards, textiles, badges, and a wide variety of other goods may be included in this category.
- A T-shirt with a slogan or logo that a political party distributes to voters during an election campaign or a calendar with a logo that a supplier offers its clients at the end of each year are two examples of freebie products.
Buying merchandise can be done with cash or on credit. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.
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When Raphael Corp. incorrectly mentioned an expense of equipment addition instead of capitalizing the effect of the same, then in such case, the net income of the company is understated in the financial statements.
<h3>What is net income?</h3>
The income which is left at the end of an organization at the end of a financial period after making all the regulatory and compliant payments and deductions, such as taxes and depreciation, it is known as net income.
Hence, the significance of net income is aforementioned.
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Competition between banks and nonbanks, such as insurance companies and pension funds, has not changed in 50 years, since the creation of the Federal.
A retirement fund also called a retirement fund in some countries, is a plan, fund, or scheme that provides income after retirement. Pension funds typically hold large amounts of investment capital and are major investors in public and private companies. These are especially important for stock markets dominated by large institutional investors. Together, the top 300 pension funds have approximately $6 trillion in assets.
In 2012, PricewaterhouseCoopers estimated that pension funds held more than $33.9 trillion in assets worldwide (expected to exceed $56 trillion by 2020), with mutual funds, insurance companies, and foreign exchange reserves It is the largest category of institutional investors, surpassing gold and sovereign wealth. funds, hedge funds, or private equity; With $2.66 trillion in assets under management, the Federal Endowment Trust Fund is the world's largest public pension fund.
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Answer:
B. Joint venture
Explanation:
Since what Axiom needs is a mode of entry which would give it access to local knowledge, allow sharing of development costs and risks, and also be politically acceptable then joint venture would be the most suitable.
Joint venture is a businesssituation where two or more parties join resources together to accomplish a specific task
Answer: Option E -- 54.39years old
Explanation:
Compound interest is calculated using compound interest formula. Using compound interest formula, which is A = P(1+(r/n)) ^nt
Where A= Final Amount
P = Initial Principal Amount
r = Interest Rate
n = number of times interest applied per time period
t = number of times period elapsed
You/I would be 54.39years old when you/I retired. Which is Option E
