Assets should be listed down based on its liquidity. The more liquid it is, the higher its place in the balance sheet.
<span>$3,100 in Supplies to be converted in March,
$4,700 Notes Receivable to be converted in August,
$800 in Prepaid Insurance to be converted in April, and
$6,200 in Accounts Receivable to be converted in June
The assets should be listed in this order:
</span><span>Supplies $3,100
</span><span>Prepaid Insurance $800
</span><span>Accounts Receivable $6,200
</span><span>Notes Receivable $4,700</span>
Answer:
Kindly check explanation
Explanation:
Given the following :
Present charge = 1045 per day
Trade price of RM = $3.1350/$
Malaysian inflation rate(mr) = 2.75% = 0.0275 per annum
US inflation rate (ur) = 1.25% = 0.0125 per annum
a. How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation?
Trade price * (1 + mr) / (1 + ur)
Cost for 30 days considering inflation :
Present charge * (1 + mr) * 30
= $1045 * 1.0275 * 30
= $32212.125
Cost for 30 days considering inflation / [Trade price * (1 + mr) / (1 + ur)]
$32212.125 / 3.1350 * (1.0275) / (1.0125)
$32212.125 / 3.1814444
= $10125.000
b.) By what percent will the dollar cost have gone up? Why?
Dollar cost would have gone up by 1.25%, this is inferred from the inflation rate of the United States currency, which is the rate which will affe the cost of dollar.
<span>The company is using market-penetration pricing.</span>
The statements are:
Because Dazzle is not a separate tax entity, all the owners declare revenue earned through the company on their personal federal tax returns.
The $5 million dollar villa is protected from business liabilities unless the liability is incurred through wrongful acts.
