Answer:
The correct answer is option C.
Explanation:
The velocity of money can be defined as the number of times money changes hands. In other words, it represents the number of times, a unit of money is used to purchase goods and services.
It shows the number of times the households and businesses spend money. It indicates how much a unit of currency has been used in a given period of time.
The most the firm should be willing to pay for installing the system is $444,000.
<h3>What is just-in-time inventory management?</h3>
just-in-time inventory management is an inventory management system and can be defined as the process in which companies have inventory at hand so as to have inventory to fall back to in case the company want to urgently make use of inventory.
Hence, the most the firm should be willing to pay for installing the system is $444,000 since the company want to reduce the level of inventories permanently by $444,000.
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Answer:
Option B
Explanation:
The answer is Option B "an interview." Secondary data is data coming from someone else who isn't the researcher a good example of secondary data would be a interview. A interview the researcher is asking a person for data on the subject and they give their point of view/opinion on it.
Hope this helps.
The government agencies like SBA and farmers' home administration are possible sources of capital. Thus the correct answer is D.
<h3 /><h3>What is capital?</h3>
Capital refers to the total amount of capital assets required to generate goods or services in a business. This amount can be used to start a business, manage daily operations of the business, or grow and extend it.
These institutions the Small Business Administration (SBA), the Farmers Home Administration, the Economic Development Authority, and the Minority Business Development Agency help to provide small businesses with financial assistance in terms of capital and loans and provide training to manage things in the business.
Therefore, option D capital is the correct answer.
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Answer:
$1,305,600
Explanation:
Date of acquisition = Jan, 1 2016
Cost of purchase = $1,904,000
Initial useful life - 15 years
Initial amortization - 1904000/14
= $126,933
Date of review of amortization policy -2019
Accumulated amortization before 2019 -126,933.33*3=380800
Remaining useful years at December 2019 7
Amortization in 2019 =1904000-380800/7 =217,600
Carrying value at December 2019 = 1904000 - (380800 +217600) =1305600 Please note that change in amortization policy can only be applied progressively and not retrospectively
