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Elden [556K]
3 years ago
5

The operating cycle of a company: Multiple Choice Is the time it takes to acquire a loan, pay the interest, and retire the loan

by paying the creditor in full. Must be less than one year. Is the time it takes to purchase inventory, sell inventory, and collect cash from the sale. Is usually greater than one year.
Business
1 answer:
densk [106]3 years ago
4 0

Answer:

c. Is the time it takes to purchase inventory, sell inventory, and collect cash from the sale.

Explanation:

The operating cycle of a company in this context is the average period of time that is required for the company to make an initial outlay of cash to produce product and services, sell and receive cash from consumers in exchange of goods or services.

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Your company has just taken out a 1-year installment loan for $82,500 at a nominal rate of 12.0% but with equal end-of-month pay
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Answer:

89.63% of 2nd month payment will go towards the payment of principal.

Explanation:

Loan Payament per month = r ( PV ) / 1 - ( 1 + r )^-n

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P = payment per month = ?

P = 1% ( $82,500 ) / 1 - ( 1 + 1% )^-12

P = $7,330 per month

Month Payments Principal Interest Balance

1                 -7330              -6505     -825       75995

2                -7330              -6570      -760      69,425

Percentage of Principal Payment  = Principal payment / totla monthly payment = $6,570 / $7,330 = 0.8963 = 89.63%

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John​ Smith, a factory worker at an automobile plant in the city​ Detrigan, makes​ $25 per hour. His​ dad, Larry Smith who retir
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What is the SNAP food program governed by the farm bill
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