The answer is petty cash management. Petty
cash funds are used by corporations or companies to manage small one-off acquisitions
that can come up intermittently in the course of business operations. They
should be stored in a secure place with controlled access, such as in a lock
box. Petty cash management is the system of recording to track the usage of
petty cash funds. And the four remaining choices are part of the common services
in bank.
Answer:
0
Explanation:
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
accounting profit = revenue - explicit cost
Explicit cost includes the amount expended in running the business.
100,000 - (25,000 + 40,000 + 25,000) = 10,000
economic profit = 10,000 - 10,000 = 0
Answer:
c. Cute Camel's total current liabilities decreased by $172 million, while its long-term debt account decreased by $515 million
Since short term liabilities (current liabilities) increase while long term liabilities decrease, it means that the company is relying more on short term liabilities.
Explanation:
Option A is wrong because notes payable are generally part of long term liabilities. Only the portion of notes payable due within one year is reported as current liabilities.
Option B is wrong because long term liabilities increase much more than short term liabilities.
Answer:
$29
Explanation:
The computation of return on investment per unit is shown below:-
Return on investment = Total Investment × Required Rate on Investment
= $12,566,667 × 18%
= $2,262,000.06
Return in investment per unit = Required ROI ÷ Total Rotors
= $2,262,000.06 ÷ 78,000
= $29
Therefore for computing the return on investment we simply applied the above formula.
Answer:
Honesty ,Integrity, Promise-Keeping & Trustworthiness, Loyalty
Explanation:
there are many principles related to business. but basic principles of business are Honesty ,Integrity, Promise-Keeping & Trustworthiness, Loyalty. A person must be honest and loyal in his business. A person must fulfill his promises to citizens . A person should lie to his business handlers and users.