Answer:
This implies Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.
Explanation:
The accounts receivable turnover ratio refers to an accounting ratio that is used to show the how effective a firm is in collecting the receivables or money its clients are owing it.
This implies that accounts receivable turnover ratio is used to determine the extent to which a firm ie effectively managing the credit it gives to customers and how quickly the firm collects that that short-term debt.
The formula for calculating the accounts receivable turnover ratio is as follows:
Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
When the accounts receivable turnover ratio is high, it implies that the company is efficient is collecting debt and a high percentage of its cutomers are paying up their debts.
The account receivable turnover ratios in the question therefore imply Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.
Answer:
B. $6,448,519
Explanation:
The computation of the present value of this growing annuity is given below:
PVA = [Cash flow at year 1 ÷ (interest rate - growth rate)] × {1 - [(1 + growth rate) ÷ (1 + interest rate)^number of years}
= [$675,000 ÷ (0.18 - 0.13)] × [1 - (1.13 ÷ 1.18)^15]
= $6,448,519
Hence, the correct option is b.
Answer:
The correct answer is D.
Explanation:
The fed buys $100 worth of bonds from a primary dealer. The fed will pay the dealer for these bonds. This will cause an increase in the total reserves by $100. The money supply will increase by more than $100. The extent of increase in the money supply depends on the required reserve ratio. This is an example of an expansionary monetary policy.
Answer: $50.81
Explanation:
Simple interest = principal x rate x time
The principal was $1,400
The rate is 6.40% (0.064)
The chart indicates that it is 207 days from April 15 to Nov 8
Therefore the amount of time is (207/365).
Simple interest = principal x rate x time
Simple interest= $1,400 x 0.064 x (207/365)
Simple interest= $50.81
Therefore the penalty is $50.81
Answer:
Immediately restocking field sanitation materials upon return to to the home station.
Ensuring the unit has the required personal hygiene supplies and equipment.
Provide support to the unit leaders to complete medical surveillance reports.
Explanation:
The FST is the team that helps the commander to ensure the health of his soldiers.
It does all this by advising him/her on matters concerning the reduction of injuries outside battlefield. They also train all the personnel on health matters.
