Answer:
Instalment receivables (net) of $2,905,600 is the correct answer.
Explanation:
Instalment Receivables ($5,000,000 - $460,000) = $4,540,000
Deferred gross profit ($1,800,000 - $165,600) = $1,634,400
Instalment Receivables (Net) = $2,905,600
Answer:
"Become more intense
" is the right answer.
Explanation:
- Global or Economic competition seems to be on the market for several years with environmental regulations being reduced and that many markets liberalized.
- A commonly held view of intensified global competition is its impact on individuals' tendency to find employment or maintain their present employment.
So that the above is the correct approach.
Answer:
(A) Inventory turnover= 10.64 times
(B) Days sales in inventory= 34.30 says
(C) Shelf life= 34.30 days
Explanation:
A7X corporation has an ending inventory of $701,073
The cost of goods sold for the year is $7,461,613
(A) The inventory turn over can be calculated as follows
= cost of goods sold/ending inventory
= 7,461,613/701,073
= 10.64 times
(B) The day sales in inventory can be calculated as follows
= 365/inventory turnover
= 365/10.64
= 34.30 days
(C) A unit of inventory sit on the shelf for 34.30 days before it is sold
Answer:
The Hi-Stakes Company
a. If the direct exchange rate increases, the dollar strengthens relative to the other currency.
b. If the indirect exchange rate increases, the dollar also strengthens relative to the other currency.
Explanation:
When the exchange rate increases, it means that more of the other currency is required in order to embark on importing and exporting transactions. However, the increases will weaken the ability of the importing currency to afford the dollar-based goods, which have then being made more expensive.
To remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.
This is because a process flow chart is a pictorial representation of how each step of a process will be carried out one after the other.
Each step is represented with the actions to be carried out, including the decision.
Usually, a process flow chart is depicted with a shape and line arrow to show the direction from one step to another.
Hence, in this case, it is concluded that to remain efficient and effective, the workflow must follow a certain process flow chart within each department's function.
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