That statement is true.
Linger period of unpaid receivable indicates either the person who held it couldn't afford to pay back or that person already fled away.
Therefore, the company will most likely will receive lesser amount of that receivable chunk under this situation.
There must be at least one RBS-certified individual on-site to oversee the alcohol service for non-profit groups that have obtained a temporary daily on-sale license or temporary daily off-sale license for an event. By the day of the event, this designated individual must have received their certification.
What is a nonprofit corporation?
- Any company that has been legally established and is operated solely for charitable or nonprofit purposes is known as a nonprofit corporation.
- A nonprofit corporation may apply for official status as one, may be taxed differently from for-profit businesses, and may be handled differently in other ways depending on the rules of the jurisdiction.
<h3>What kind of events sees the most drinking?</h3>
- On Fridays and Saturdays, the weekly variation in alcohol consumption was at its highest and was especially high on Christmas and New Year's Eve.
- On Christmas and New Year's Eve, on average, more people drank than on other weekends during the sampling period.
Learn more about non-profit here:
brainly.com/question/21307064
#SPJ4
A. Asset
Explanation:
-asset is a useful or valuable thing
Based on the U.S. Treasury bond rate, the market return and the beta, Davcher's expected rate of return would be 6.5%.
<h3>What is the expected rate of return?</h3>
Using the Capital Asset Pricing Model (CAPM), the expected rate of return would be:
= Risk free rate + Beta x Market premium
Market premium:
= Market return - risk free rate
= 8% - 3% rate of treasury bonds
= 5%
Expected rate of return is:
= 3% + 0.70 x 5%
= 6.5%
Find out more on the Capital Asset Pricing Model at brainly.com/question/15851284.
