Answer:
False
Explanation:
The reason is that the liability can not be waived unless the lender agrees to waive off the liability which means that in this case Rayna hasn't waived off its amount receivable so the Billy owes Rayna remainder $2700 despite sending payment in full check.
Answer:
$33.50
Explanation:
we can use the perpetual growth model to determine the price of the stock
the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + [($1.25 x 1.15³ x 1.06)/(11% - 6%)]/1.11³
the stock price in 3 years = ($1.25 x 1.15³ x 1.06)/(11% - 6%) = $40.30
the firm's stock price = ($1.25 x 1.15)/1.11 + ($1.25 x 1.15²)/1.11² + ($1.25 x 1.15³)/1.11³ + $40.30/1.11³ = $1.30 + $1.34 + $1.39 + $29.47 = $33.50
Answer:
11.40
32 days
Explanation:
Inventory turnover and days of sales of inventory are examples of activity ratios.
They are used to measure the efficiency of performing daily tasks
inventory turnover = Cost of goods sold/ average inventory
Average inventory = ($118,000 + $110,000) / 2 = $114,000
Inventory turnover = $1,300,000 / $114,000 = 11.40
days of sales of inventory = 365 / inventory turnover = 365 / 11.40 = 32 days
Answer: It will cancel the approach mode annunciation
Explanation: GPS(Global positioning system) is a United States of America owned navigation system which makes use of radio waves it was developed and managed by the United States Department of defense. When flying a GPS approach procedure,it is recommended not to override an automatically selected sensitivity,the approach mode annunciator or receiver should be verified before making any changes.
Answer:
C. Job - order costing
Explanation:
Job - order costing -
It is used by the organization , when the goods and services of the organization are readily identifies by separate batches or units .
The agency that will advertise accumulates its cost through the client .
The method of job - order costing is the most apt system for a non - manufacturing firms .
Hence , from the data of the question , the correct answer is ( C ) Job - order costing .
