The operating working capital that Alfred is going to have at the end of the day would be $12500.
<h3>How to solve for the working capital</h3>
The formula for the working capital = current assets - current liabilities
Current assets = $12500
current liabilities = 0
This is because, by the 10th day, he is supposed to have paid account payable.
The working capital would be = $12500 -0
= $12500
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Answer:
A Shrink-wrap understanding alludes to the terms and conditions that are regularly shrivel wrapper when an item, typically programming is sold. As a rule, these terms and conditions are made endless supply of the product bundle. This is called End User License Agreement (EULA). It goes about as an agreement between the dealer and client of the product, which gets endless supply of the product by the client. EULA covers the confinements of utilization and different rights and limitations as conceded by the proprietor or merchant of the product.
Shrink wrapper contracts have been tested by courts on numerous events, on the grounds that the client doesn't get the opportunity to perceive what's inside the bundle, before opening it. So in numerous events, numerous retailers and organizations have been compelled to acknowledge the arrival of opened programming bundles.
Such agreements are not constantly enforceable. Courts have partitioned supposition on the legitimate status of psychologist wrap contracts. The explanation is that the particulars of the agreement can't be perused by the client, before opening the bundle and according to the terms of therapist wrap understanding, the opening of the bundle establishes acknowledgement of the provisions of the understanding.
Nonetheless, courts can uphold this understanding, when the product is a standard bundle and is generally utilized. Moreover on the off chance that the particulars of the understanding are conscionable, at that point the understanding is generally implemented.
Answer:
IMA Competence Standard
Explanation:
Institute of Management Accountants is the worldwide organization representing corporate accountants and financial professionals.
- IMA representatives are liable for achieving and maintaining the Competence standard.
COMPETENCE
:
1. Through improving knowledge and skills achieve an acceptable level of professional management and experience.
2. Conducts legal duties under regulations, legislation and quality standards relevant.
3. Provide decision-making resources for reliable, simple, succinct, and appropriate facts and advice. Recognize and assist with the risk management.
Answer and Explanation:
The computation of receivables turnover ratio and average collection period for Sun Health and Select Medical is shown below:-
For Sun health
Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables
= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)
= $3,630 ÷ (($300 + $287) ÷ 2)
= $3,630 ÷ 293.5
= 12.4 times
Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio
= 365 ÷ 12.37 times
= 29.5 days
For Sun medical
Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables
= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)
= $3,940 ÷ (($499 + $438) ÷ 2)
= $3,940 ÷ 468.5
= 8.4 times
Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio
= 365 ÷ 8.41 times
= 43.4 days
Its has to be B, it gotta be B