Answer:
5.20 times
Explanation:
Account receivable $29,500 + $45,000
= $74,500
$74,500 / 2 =
=$37,250
$194,000 / $37,250
= 5.20 times
Therefore Stealth Company's 2021 receivables turnover ratio is: 5.20 times
Answer:
Prizes and toys in a cereal box as rewards for purchasing the cereal are examples of PREMIUMS
A. Mood, interest.
Keeping your MOOD and INTEREST in mind will dictate what you say and how you say it.
The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.
Answer:
The answer is: 90%
Explanation:
In order for an employer to qualify for the maximum credit against FUTA taxes (Federal Unemployment Tax Act), they have to file their annual return in time and also pay their state contributions in time. If they file their report late or miss the state contributions due date, they will be sanctioned by lowering the maximum credit from 5.4% to 4.86% (90% of maximum credit).