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3 years ago

HELP ASAP!! GIVING BRAINLIEST! NEED THE LAST ANSWER PLEASE

Business

1 answer:

Kay [80]3 years ago

4 0

Hello, Coolgurl23. Thanks for writing in.

You're asking if with the information given if this is a affordable amount.

The correct answer is NO. You have 700 dollars that you can pay in rent. Therefore, if you add all these costs up - you will get over the 700 dollar limit that is needed for a yes answer.

Therefore, you have NO as your final answer.

Thanks for writing in, best of luck on your assignment Coolgurl23!

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A company with current-year sales of $4,500,000 and cost of goods sold of $3,248,000 reduced its inventory days from 119 days in

Alina [70]

Answer:

($1391.78)

Explanation:

According to the problem, computation of the given data are as follows,

Sales = $4,500,000

COG sold = $3,248,000

First we calculate the amount receivable in both 40 and 43 days, then

Amount Receivable = Sale ( Receivable days ÷ 365)

Amount Receivable (40 days) = $4,500,000 ( 40 ÷ 365) = $493,150.68

Amount Receivable (43 days) = $4,500,000 ( 43 ÷ 365) = $530,136.99

So, change in receivables = $530,136.99 - $493,150.68

= $36,986.30

Now we calculate the inventory for both 119 and 115 days

Inventory = COG Sold ( Inventory Days ÷ 365)

Inventory (119 Days) = $3,248,000 ( 119 ÷ 365) = $1,058,936.99

Inventory (115 Days) = $3,248,000 ( 115 ÷ 365) = $1,023,342.47

So, change in inventory = $1,058,936.99-$1,023,342.47

= $35,594.51

So, we can calculate the cashflow effect by using following formula,

Cashflow change = Change in inventory - Change in receivables

By putting the value, we get

Cashflow change = $35,594.51 - $36,986.30

= ($1391.78) (Bracket denotes negative)

7 0

3 years ago

I need help no rush.

Digiron [165]

Answer:

it is b because he has the less amount of flips

6 0

3 years ago

Read 2 more answers

In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $23,300 and Job 11 $31,500. On March 31, Job 10 is sold to the c

Feliz [49]

Answer and Explanation:

The journal entries are given below:

On Mar-31

Finished Goods $54,800($23,300 + $31,500)

To Work in Process $54,800

(Being two completed jobs are recorded)

On Mar-31

Cash $36,400

To Sales $36,400

(Being the sale of JOb 10 is recorded)

On Mar-31

Cost of goods sold $23,300

To Finished goods $23,300

(Being the cost of job 10 is recorded)

8 0

3 years ago

Which of the following would not be used to create a personal balance sheet?

My name is Ann [436]

The right answer for the question that is being asked and shown above is that: "b. Personal financial management software" Among the choices that would not be used to create a personal balance sheet is that <span>b. Personal financial management software</span>

4 0

3 years ago

Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action fl

Ray Of Light [21]

The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.

<h3>What is Opportunity Cost?</h3>

Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.

The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.

Learn more about Opportunity Cost here:

brainly.com/question/12121515

#SPJ1

7 0

2 years ago