The condition will boost the measure of premium you procure is high-financing cost and long era. To win however much enthusiasm as could be expected you ought to open an investment account that procures accruing funds and has the most noteworthy financing cost.
Option C -Operating Cash Flow = Current Liabilities / Operating Cash Flow s not a correct way of calculating a liquidity ratio.
Liquidity ratios are a measure of a company's ability to settle its short-term payments. A company has the ability to quickly exchange its revenues and is using them to pay his obligations is dictated by its liquidity ratios. The potential to pay back debts and keep engaged on installments is simpler the better the ratio. Since this can vary by industry, and current ratio of 1.0 usually signals that a group's debt do not exceeding its liquid assets. In enterprises in which there is a quicker product changeover and/or shorter payment cycles, ratings below 1.0 may be acceptable.
Absolute liquidity ratio =(Cash + Marketable Securities)÷ Current Liability.
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Answer:
(the image attached) for the monthly production budget for january through June
Explanation:
1st We will list each month sales
Then, we will calcualte the desired ending inventory as 110% of next month sales:
february sales 2,750
So, January ending inventory: 2,750 x 1.10 = 3,025
And so on with all the months.
Then we subtract the beginning inventory as those units are already produced/ in company's stocks
Giving as a result the units to be produced.
Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.
<h3>What is Lapping?</h3>
Lapping is an employee stealing scheme revolving around the application of cash receipts.
Lapping can be traced by tracing the application of cash receipts to customers' accounts.
Routine application of cash receipts to wrong customer accounts proves evidence of a lapping scheme.
Thus, Lapping is best described as the process of <u>B. applying </u><u>cash receipts</u> to a different customer's account in an attempt to conceal previous thefts of cash receipts.
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Answer:
b. All collections for sales are received immediately upon making the sales.
Explanation:
Internal control, regarded as a process used in assuring objective of an organization in operational effectiveness as well as efficiency and reliable financial reporting, it is also used in assuring of compliance with laws as well as regulations and policies. Generally, internal control can be described as everything which is able to controls risks to an organization. It is a way the
resources of an organization are been
measured as well as been directed and monitored.
It should be noted that Internal control procedures for cash receipts require that:.
✓Custody over cash is kept separate from its recordkeeping.
✓Clerks having access to cash in a cash register should not have access to the register tape or file.
✓An employee with no access to cash receipts should compare the total cash recorded by the register with the record of cash receipts reported by the cashier.
✓Cash sales should be recorded on a cash register at the time of each sale