1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentina_108 [34]
3 years ago
5

Purple Feet Wine, Inc., receives an average of $14,000 in checks per day. The delay in clearing is typically four days. The curr

ent interest rate is .018 percent per day. a. What is the company's float?
Business
1 answer:
Dominik [7]3 years ago
8 0

Answer:

The correct answer is $56,000.

Explanation:

According to the scenario, the given data are as follows:

Average checks per day = $14,000

Days in clearing = 4 days

Interest rate = 0.018% per day

So, we can calculate the company's float by using following formula:

Company's Float = Average checks per day × Days in clearing

By putting the value in the formula, we get

Company's Float = $14,000 × 4

= $56,000

You might be interested in
In the ______ quadrant of the core competence--market matrix, the focus is on leveraging current core competencies to improve cu
son4ous [18]

The place in the quadrant where there is the focus is on leveraging current core competencies to improve current market position is known as:

  • existing competence--existing market

<h3>What is a Market?</h3>

This is a place where buying and selling of goods or services takes place and a currency of value is exchanged.

With this in mind, we can see that in the existing competence--existing market, there is a focus is on leveraging current core competencies to improve current market position.

Read more about markets here:
brainly.com/question/26098648

3 0
2 years ago
In 2011 oil production in Libya was interrupted by political unrest. At the same time, the demand for oil by China continued to
kondaur [170]

Answer:

As a result of the political unrest in Libya, the supply of oil would fall, As a result the supply curve would shift to the left. This would lead to fall in equilibrium quantity and a rise in price.

The increased demand for oil would shift the demand curve to the right. The equilibrium price and quantity would increase

Taking these two effects together, equilibrium price would rise and there would be an indeterminate effect on equilibrium quantity

Please check the attached image for a graph showing these shifts

b. As a result of the change in supply, supply would increase. This would increase equilibrium quantity and equilibrium price would fall. in addition with the increase in demand for oil, equilibrium quantity would rise and there would be an indeterminate effect on equilibrium quantity

Explanation:

7 0
3 years ago
Intellectual Property can be protected by
mash [69]
The answer you are looking for is copyright
5 0
3 years ago
Which of the following is influenced by personal economic choices? Check all that apply.
alexdok [17]
These are factors that influences the personal economic choices that a person will decide:
-the resources you have available
-the money you decide to spend on leisure products
-the amount of money you put into your savings account
-and the manner in which you balance your time between work and leisure
In the answers above, the only choice that I did not check is number 1 because it is not a personal choice that is applied to everyone. resources and money are saved and used for personal choices of a person for leisure and needs.
3 0
3 years ago
Dan Pink argues that for 21st century tasks in creative businesses the mechanistic, reward-and-punishment approach will not work
Ber [7]

Answer: True

Explanation:

This statement is true. Dan Pink argued that when it came to creative businesses, it would be best to use intrinsic as opposed to extrinsic rewards to encourage employees as extrinsic rewards such as money could constrain creativity.

Intrinsic rewards are those that are psychologically rewarding such as giving employees tasks that are fulfilling and make them feel part of the team as well as positive feedback from employers.

8 0
3 years ago
Other questions:
  • Quality that measures usefulness vs. price paid is which definition of quality? A. Conformance to specifications B. Fitness for
    14·1 answer
  • If output equals a*(5k + 2l), what is output if a equals 2,000, capital equals 10, and labor equals 100?
    7·1 answer
  • (1) Quality of products available in superstore.
    15·1 answer
  • A journal in the books of accounts of a company showed that stationery worth $1,500 was purchased by the company in an accountin
    8·2 answers
  • QS 5-3 Merchandise accounts and computations LO C2 Kleiner Merchandising Company Accumulated depreciation $ 700 Beginning invent
    14·1 answer
  • Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.
    8·1 answer
  • 1. Which ability does the following example represent? As a financial planner, you advise people about where to invest their mon
    15·2 answers
  • Crawford Corporation incurred the following transactions.
    6·1 answer
  • Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses
    13·1 answer
  • What is the gross income for a real estate agent in 2021?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!