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3 years ago

State whether the following statement is true or false: Too many slow moving, high value goods into

Business

1 answer:

slamgirl [31]3 years ago

5 0

Answer: True

Explanation:

High value goods were purchased with a lot of cash and if they are slow moving, the company will not be able to sell them fast enough and realized the cash that was spent to be able to purchase them. A typical example of such inventory are expensive motor vehicles.

The ideal type of inventory is one that is fast moving and high value because it gives a business a higher amount of cash at a higher frequency.

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Emery is a corporate officer of Frakking Mining Corporation. With respect to binding Frakking Mining to contracts, Emery is Grou

vivado [14]

With respect to binding Frakking Mining to contracts, Emery is: B. an agent and has the authority.

<h3>What is contract?</h3>

A contract can be defined as an agreement between two or more parties in which the parties involve tend to agreed to the terms and condition of the contract.

Hence, if Emery serves in a representative capacity for Frakking's Mining Corporation owners with regards to binding Frakking Mining to contracts, Emery is will be an agent and tend to have the authority.

Therefore the correct option is B.

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2 years ago

Neither tom ________ manny has emailed the document to jerusha.

allochka39001 [22]

Neither tom nor manny has emailed the document to jerusha.

<h3>What is email?</h3>

Email contains information or message that is sent electronically.

Neither agrees with nor in a sentence as they both act as conjugate and this means neither of the two emailed Jerusha.

Therefore, Neither tom nor manny has emailed the document to jerusha.

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2 years ago

Appling Enterprises issued 10% bonds with a face amount of $560,000 on January 1, 2021. The bonds sold for $515,071 and mature i

brilliants [131]

Answer:

The overview of the given situation is described in the explanation segment below.

Explanation:

The Journal entry is give below:

Value at Current Decrease in Paid [A+B]

beginning value value [V] interest ($)

($) ($) ($) ($) Decrease

Mar 515,071 540,000 24,929 - 24,929

June 540,000 520,000 -20,000 28,000 8,000

( $560,000\times 10 \percent\times \frac{6}{12}$ )

Sept 520,000 515,000 -5,000 - 5,000

Dec 515,071 522,000 6,929 56,000 62,929

( $560,000\times 10 \ percent$ )

5 0

4 years ago

What is the interest rate for an initial investment of $100,000 to grow to $300,000 in 10 years?

Alex

The interest would be 11.61232% to be exact.

3 0

3 years ago

Read 2 more answers

Suppose that the standard deviation of monthly changes in the price of commodity A is $2. The standard deviation of monthly chan

nignag [31]

Answer:

0.6

Explanation:

Correlation r = 0.9,

Standard deviation of monthly change in price of commodity A, σA = 2,

Standard deviation of monthly change in price of commodity B, σB = 3

The hedge ratio will be calculated using the formula

Hedge ratio=r×σA÷σB

Hedge ratio=0.9×2÷3

Hedge ratio = 0.6

Therefore, the hedge ratio used when hedging a one month exposure to the price of commodity A is 0.6.

7 0

3 years ago