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3 years ago

What is the wholesaling industry??

1 answer:

4 0

Wholesaling is the opposite of retailing. In a wholesaling industry, goods or products are being sold, and distributed to retailers. The wholesalers receives large quantities of these products and they are the ones who sells these to the retailers which are then sold to consumers. Hope this answers your question.

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You have the following information on Marco's Polo Shop: total liabilities and equity = $210 million; current liabilities = $50

KengaRu [80]

Answer:

$60 million

Explanation:

The quick ratio is the financial ratio of the current assets less inventory to current liabilities. While the accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity.

This may be expressed mathematically as

Assets = Liabilities + Equity

Given that quick ration is 1.7 and current liabilities = $50 million

1.7 = current assets less inventory/$50 million

current assets less inventory = 1.7 * $50 million

= $85 million

The total asset is made up of the current assets less inventory, inventory, fixed assets. Let the balance for fixed assets be y

$85 + $65 + y = $210 (all amounts in millions)

y = $210 - $150 (all amounts in millions)

y = $60 (all amounts in millions)

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3 years ago

All your clients like to be listened to accurately. If your client is culturally different from you, it may be more difficult fo

wlad13 [49]

Answer:

B) Accurately following the specified treatment plan designated for your client's observed ethnic group.

8 0

3 years ago

Read 2 more answers

Which of the following is a required financial statement? 1 point Statement of Auditor Independence Statement of Cash Flows Stat

kondor19780726 [428]

Answer:

statement of revenues

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3 years ago

Computers Inc. is a United States computer and consumer electronics company that designs and manufactures electronic devices. Co

Galina-37 [17]

No the electronic devices where made to text and easier to text

5 0

3 years ago

Acme Investors is considering the purchase of the undeveloped Baker Tract of land. It is currently zoned for agricultural use. I

Ahat [919]

Answer:

Office

Explanation:

Calculation to determine Which would be the highest and best use of this site

The analysis for the Baker Tract is as follows: OFFICE RETAIL

Rent 2,400,000 2,400,000

(100,000*$24=2,400,000)

Less Expenses (960,000) (1,200,000)

(2,400,000*40%=960,000)

(2,400,000*50%=1,200,000)

Cash Flow 1,440,000 1,200,000

(2,400,000-960,000=$1,440,000)

(2,400,000-$1,200,000=$1,200,000)

Cap Rate 0.10 0.11

(13%-3%=0.10)

(14%-3%=0.11)

Property Value 14,400,000 10,909,090

(1,440,000/0.10=14,400,000)

(1,200,000/0.11=10,909,090)

Construction Cost (10,000,000) ( 8,000,000)

(100,000*100=10,000,000)

(80,000*100=8,000,000)

Residual 4,400,000 2,909,090

(14,400,000-10,000,000=4,400,000)

( 10,909,090-8,000,000=2,909,090)

Therefore Based on the above calculation OFFICE would be the highest and best use of this site reason been that OFFICE has the HIGHEST amount of $4,400,000 compare to retail which has $2,909,090.

6 0

2 years ago