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lakkis [162]
3 years ago
10

Maiko lost her job and she was forced to sell a rental property because she did not have other funds​ (liquid, emergency,​ etc)

available to meet her financial obligations. What financial principle best applies to this​ situation?
Business
1 answer:
alexgriva [62]3 years ago
3 0

Answer: The importance of liquidity

Explanation:

The financial principle at play is the importance of liquidity. Liquidity is the ease with which asset can be converted to cash. Maiko's asset has helped her to solve her financial issues she is experiencing after her job loss, therefore this shows the importance of liquidity.

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Which of the following is appropriate interview attire for women?
hammer [34]

Answer:

I'm going to say the answer is B ! I could be wrong but this is what i think :)

Explanation:

4 0
3 years ago
Refer to standard motor products. when standard motor products’ edwardsville plant decided to give its teams the highest level o
Lynna [10]
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5 0
3 years ago
Novak’s Market recorded the following events involving a recent purchase of inventory: Received goods for $112000, terms 2/11, n
Arte-miy333 [17]

Answer:

Option (C) is correct

Explanation:

The payment is made during the discount period of 11 days so the 2% discount rate would be applicable.

Goods purchased =   $112,000

Goods returned = $2,200

Discount =   (Goods purchased - goods returned) × 2%

               = ($112,000 - $2,200) × 2%

               = $2,196

Net purchase = Goods purchased - returned - Discount

                       = $112,000 - $2,200 - $2,196

                       = $107,604

Total inventory cost = Net purchase + Freight cost

                                 = $107,604 + $400

                                 = $108,004

Therefore, company’s inventory increased by $108,004.

5 0
3 years ago
At the end of 2021, Worthy Co.’s balance for Accounts Receivable is $11,000, while the company’s total assets equal $1,410,000.
erastovalidia [21]

Answer:Worthy journal $

Date

March 14, 2022

Bad debt Dr 2600

Receivable Cr 2600

Narration. Record of receivables written off to income account on account becoming unrecoverable.

Explanation:

The direct method of written off bad debts do not make provision for estimate of receivables that are likely to go bad in which the estimate is recognised as debit to income statement and the corresponding credit entry is used to reduce the receivables, with adjustment been made at the year end for variances.

In the direct method the actual bad debts is debited in the income s statement and credited to the receivables accounts.

6 0
3 years ago
A study of over 12,000 employees found that ________ had engaged in such workplace misbehaviors as goldbricking, sick time abuse
Nezavi [6.7K]

Answer:

90%

Explanation:

According to the study of over 12,000 employees, it is found that 90% has engaged in the workplace with respect to the misbehaviors in terms of goldbricking, sick time abuses, or fraud at lease one time

here goldbricking means working less as your capability as they are more focused to do a personal task

So the correct answer is 90%

6 0
3 years ago
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