Answer:
2 times
Explanation:
The computation of accounts receivable turnover is shown below:-
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $1,000,000
And, the Average accounts receivable is
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ( $700,000 + $300,000) ÷ 2
= $500,000
Accounts receivable turnover = Net sales ÷ Average accounts receivable
= $1,000,000 ÷ $500,000
= 2 times
Plants employ photosynthesis to convert water, sunshine, and CO2 into oxygen and simple sugars that the plant may use as fuel. It is it important to add fertilizer to some soils because fundamental producers serve as the foundation of an ecosystem, fueling the subsequent trophic levels.
<h3>What is the photosynthesis process?</h3>
In the photosynthesis process, plants absorb carbon dioxide (CO2) and water (H2O) from the air and soil during photosynthesis. Water is oxidative within the plant cell, which means it loses electrons, but carbon dioxide is reductive, which means it receives electrons.
This converts water to oxygen and nitrogen to glucose. Photosynthesis is often used by plants to transform water, sunlight, and CO2 into oxygen and simple carbohydrates that the plant may utilize as fuel.
Therefore, Some soils require nutrients because basic producers contribute as the base of an ecosystem, feeding succeeding trophic levels.
Learn more about the photosynthesis, refer to:
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Answer:
Increase interest deductions for the limited partners.
Explanation:
In the given scenario the general partner refinances an existing $5,000,000 mortgage on a $10,000,000 property to the original amount of $8,000,000. The interest rate on both mortgages is the same.
Refinancing a loan means that more money is disbursed to the borrower before the termination of the loan.
When a loan is refinanced at the same interest rate the borrower pays more interest.
For example if the mortgage remains at $5,000,000 the interest paid on this principal will be lower.
When the loan is refinanced to $8,000,000 at the same Interest rate the interest paid will be higher because principal is higher.
So the general partner aims to increase the amount of interest paid.
Answer:
$12,800
Explanation:
This can be calculated as follows:
November sales in unit = 64,000
Since Wisdom Toys requires that 20% of the next month’s sales in units are on hand at the end of each month, we have:
Number of video games in inventory at October 31 = November sales in unit * 20% = 64,000 * 20% = 12,800
Therefore, 12,800 video games in inventory at October 31.