Answer: 20.86%
Explanation: From the question, the credit term is 2/10, n/45. Which means that the customer gets a 2% discount if payment is made within 10 days. But the customer did not make use of this offer. The equivalent annual Interest lost on the amount of purchases is :
365/ (45-10) * 0.02 = 365/35*2%
= 0.20857 *100= 20.86%
This is calculated using 365 days in a year.
Answer:
b. Only Emerald Corporation's current ratio will be increased.
Explanation:
Given that
Emerald current ratio is
= 0.5 i.e. = 0.5 ÷ 1
now in case when the current liability is doubles , so the current assets is
= 0.5 + 1 = 1.5
And, the cuurrent liabilities is
= 1 + 1
= 2
so new ratio is
= 1.5 ÷ 2
= 0.75
Now
Ruby current ratio is
= 1.5
i.e. = 1.5 ÷ 1
Now in case when the current liability is doubled,
the current assets is
= 1.5 + 1
= 2.5
And, current liabilities is
= 1 + 1
= 2
Now new ratio is
= 2.5 ÷ 2
= 1.25
Therefore the emerald current ratio is rised from 0.5 to 0.75
And, the Ruby's ratio has decline from 1.5 to 1.25
Answer:
1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.
Explanation:
Answer:
The Answer is D: Nominal group technique
Explanation:
From the question, it is clear that the CEO of Mi Ola is encouraging everyone to bring up that idea they have in mind. She is encouraging everyone to make a decision as it is never wrong as long as you're moving. Bounded rationality talks about making rational decisions that will most likely satisfy personal needs. This does not seem to be the kind of statement made here. The statement is like a booster to everyone to come up with ideas, which bring us to the concept of nominal group technique. This technique encourages contributions from an entire team and encourages swift agreement on the relative significance of problems, issues, and solutions.
