Answer:
d. 28.7
Explanation:
Calculation to determine the days to collect during year
Using this formula
Average collection period=Average accounts receivables/Net sales*365
Where,
Average accounts receivables=$66,000+$72,900/2
Average accounts receivables=$69,450
Let plug in the formula
Collection period =$69,450/$882,000*365
Collection period=28.7 days
Therefore the days to collect during year is 28.7days
Answer: d. money
Explanation: the flow of the resources, goods and services move around in a clockwise flow while money flow in an anticlockwise flow. This is to say without money, the flow of goods and services will be impossible.
Answer: Please see Explanation for answer.
Explanation:
January 01, 2021:
Cash Debit 44,221
Bonds Payable Credit 44,221
Since the bonds were sold at a discount, the entry to record the first interest payment (using straight line amortization of the premium) would be:
Interest expense ($44,221× 6% × 6months/12months ) = $1,326.63 =$1,327
Cash is given as ($50,000 × 5% ×6months /12months) = $1,250
June 30, 2021:
Interest Expense Debit---$1,326.63 Bonds Payable Credit $77
Cash Credit $1,250
The closest answer that i can think of is categorized by consumer. By consumer, we are saying that you have to categorize them based on what they like meaning based on what they like at their age. For example, if you are going to market a pizza store to them, one of the best ways to do that is to position your pizza store as a place for friends to hang out because teenagers, at that age, love to hang out with friends and to be cool. So you have to categorize a teenage market by their interests when they are at that certain adolescent age
Answer:
C. 1.3
Explanation:
market to book ratio = market capitalization / book value
- market capitalization = total stocks outstanding x stock price = 10,200,000 stocks x $16 = $163,200,000
- book value = stockholders' equity = $125,600,000
market to book ratio = $163,200 / $125,600 = 1.299 ≈ 1.3
The market to book ratio basically measures a company markets value versus its book value. Generally, if a company is profitable and successful, its market to book ratio should be higher than 1.
