3 years ago

Short Answer Questions What is a public enterprise? Explain the main features of public enterprises. 1.

1 answer:

5 0

Answer:

A business organization wholly or party owned by the state and controlled through a public authority is called public Enterprise.

Government ownership and control,main motive of service,autonomy,continuity is one feature of public Enterprise.

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The Blue Lake Water Company has two departments, Purifying and Bottling. The Bottling Department received 76,000 liters from the

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The computation of the liters was started and completed during the period is calculated below:

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3 years ago

Westmore Products has projected the following quarterly sales. The accounts receivable at the beginning of the year is $380 and

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Complete question:

Westmore Products has projected the following quarterly sales. The accounts receivable at the beginning of the year is $380 and the collection period is 45 days. What are collections for the first quarter?

Quater: Q1 Q2 Q3 Q4

Sales : $675, $730, $815, $1,080

Answer:

$717.50

Explanation:

Given:

Accounts receivable at the beginning of the year = $380

Collection period = 45 days

Required:

Find the collections for the first quarter.

To find the collections for the first quarter, use the formula below:

First quarter collections = =Account receiveble opening balance to be recoverd in 45 days + [1st quarter sales /90*45]

$= 380 + (\frac{675}{90} *45)$

$= 380 + 337.5$

$= 717.50$

Collections for first quarter = $717.50

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Read 2 more answers

Short Answer Questions What is a public enterprise? Explain the main features of public enterprises. 1.​

Short Answer Questions What is a public enterprise? Explain the main features of public enterprises. 1.