Answer:
C. Debt service funds account for and report financial resources that are restricted, committed or assigned to expenditure for principle and interest for governmental debts except debt of proprietary and fiduciary funds who account for their own interest and principle payments.
Explanation:
Debt service funds are used to pay for principal and interest on certain types of debts. This reduced the risk of debt security that investors face and also reduces the effective rate at which the offering can be sold.
However debt service funds cannot be used for proprietary funds like 400 and 500.
Instead we use Enterprise funds for 400. That is operations similar to corporate enterprise. For example water and sewage utilities.
Internal service funds for 500 used by other funds or departments bin a government in a cost reimbursement basis. For example a food supplier that takes orders and is reimbursed for each order.
Answer:
b. Debt ratio
Explanation:
The liquidity ratio includes the current ratio, quick ratio, etc
where,
Current ratio = Total Current assets ÷ total current liabilities
And, Quick ratio = Quick assets ÷ total current liabilities
where,
Quick assets = Cash and cash equivalents + short-term investments + Accounts receivable (net)
These two ratios check the liquidity of the business organization whereas debt ratio shows a relationship between the total liabilities and the total assets. It checks the leverage of the firm whether it is capable to repay the borrowed amount or not
Hence, option b is correct
Answer:
d. 15.09
Explanation:
425,000 sales
52,500 AR
year of 365 days
<u>Days Sales Outstanding</u>
<u>Average days late</u>
45.09 - 30 = 15.09
in average customer pays within 45 days.
That is 15.09 days above the allowed credit period.
The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.
Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.
Cost of employees increases because the minimum wage rises
Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.
<u>Therefore, the </u><u>demand </u><u>for student employees would decrease.</u>
<h3>what is
Demand ?</h3>
- Demand refers to the consumer's desire to purchase a particular product or service.
- Market demand is the demand for a particular good in the market.
- Aggregate demand refers to the overall demand for goods and services in any economy.
- The matching of supply and demand determines the price of goods or services, Understanding the concept of demand.
- Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them.
- The Law of Demand is an economic principle that consumer demand for a commodity increases when prices fall and decreases when prices rise.
- The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.
to learn more about Demand from the given link :
brainly.com/question/14456267
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The statement that is not true is that Krening broker may face jail time
Explanation:
Running deceptive ads is not a crime that will need to face jail time if a person is found running deceptive ads the person will be asked to pay the penalty and they will be asked to pay the fine
And the violators will be asked to run the correct form of the ad and the information must be corrected and the civil penalties faced by them will be in millions
