Answer: c) $7,535
Explanation:
The Collection Float refers to the time that it takes for a deposited check to become available to the account owner after the check has been deposited.
The Average amount is calculated thus;
= No. of payments * Clearing days * average value of payment
= 138 * 1.3 * 42
= $7,535
Answer:
$5,750
Explanation:
Calculation to determine How much of the 2020 dividend was distributed to preferred shareholders
Dividend distributed to preferred shareholders=11500 shares *$10 par non-cumulative preferred stock*5%
Dividend distributed to preferred shareholders=$5,750
Therefore Dividend distributed to preferred shareholders is $5,750
A it is a I am pretty sure sorry if wrong
Answer:
2..?
Explanation:
I'm bad at finding area lol
A contract is a negotiated agreement between an organization and a group to exchange goods, services, information and patents.
<h3 /><h3>Business contract</h3>
It is a formal agreement that establishes the rules, rights and obligations between a working partnership. It exists so that the agreements are fulfilled as previously established, with legal consequences for the party that does not comply with a contractual provision.
Therefore, the contract is a guarantee to two companies that want to come together in favor of some joint negotiation, establishing in common agreement the responsibilities necessary for the organizational integration to be effective.
The correct answer is:
Find out more information about business contract here:
brainly.com/question/984979
