Answer: Money
Explanation:
Money is one of the injector factor that is necessary for bringing the economic system. The injection of money helps in boosting economy of any country or region. This also helps in investment, strengthening the government to take necessary measures for development, and export. Money can be used to purchase raw materials to produce more number of goods and it enables the customers to purchase those goods and services. This exerts a positive impact on the circulation of economy.
Better school supplies and better paper and printers to
Answer:
The answer is: C) $14,000
Explanation:
ABC Tax Planning Services paid six months of rent in advance, from January to July. It spends $7,000 per month on rent, so the six months prepaid rent would be $42,000. On April 30, 2018, ABC had already rented the offices for 4 months, so it had only two months left in its Prepaid Rent account, equivalent to $14,000 (2 x $7,000).
Answer:
C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle
Explanation:
At first glance, it is easy to identify that alternatives A and C are antagonistic meaning that one or the other must NOT be true.
Cash conversion cycle (CCC) describes the amount of days a company requires to convert its investments into cash flows from sales.
Production Cycle and Collection Cycle are both related to assets and thus are positive in the equation for the CCC. The payment cycle is a liability and therefore must be taken as negative in the equation.
The alternative C. Cash Conversion Cycle = Production Cycle + Collection Cycle + Payment Cycle is NOT true
