Answer:
Correct option is (B)
Explanation:
Given:
Beginning capital = $80,000
Net income = $35,000
Drawings = $18,000
Net income is added to opening capital and deduct drawings to arrive at capital balance at the end.
Capital at the end of the year = opening capital + net income - drawings
= 80,000 + 35,000 - 18,000
= $97,000
Answer: D) Project A is better than project B for this company at this point in time.
Explanation:
Option D is the best option because we do not know that the basis for the scoring model directly translates to earnings. The scoring of Project A at 30 does not necessarily mean that it's expected to earn those amounts of revenue and therefore triple that of Project C. We do not know because the information is not complete.
What we do know is that A has the highest score out of all projects and this is why it is better to do Project A as opposed to Project B.
Option D
leadership figurehead managerial role was Rochelle playing
<u>Explanation:</u>
Figurehead belongs to a character with meaningless leadership of industry but no exact power. The word figurehead is a personality with the trappings of control but not its practice.
Figurehead – As an administrator, have convivial, ritual and constitutional duties. That personality is presumed to be an origin of notion. Characters view to that one as a character with power, and as a figurehead. Figureheads steward their trios. If one requires to change or create trust in this section, begin with perception, performance, and reliability.
Answer:
The correct option is E
Explanation:
The formula to compute the accounts receivable turnover of the company for the Year 2 is as:
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
where
Net Credit Sales be $723,000
And
Average Accounts Receivable is computed as:
Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2
= $86,500 + $82,750 / 2
= $169,250 / 2
= $84,625
Putting the values in the above formula:
= $723,000 / $84,625
= 8.54
