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navik [9.2K]
3 years ago
14

Swifty Company has recorded the following items in its financial records. Cash in bank $47,300 Cash in plant expansion fund 102,

000 Cash on hand 13,700 Highly liquid investments 36,000 Petty cash 530 Receivables from customers 96,600 Stock investments 63,500 The highly liquid investments had maturities of 3 months or less when they were purchased. The stock investments will be sold in the next 6 to 12 months. The plant expansion project will begin in 3 years. (a) What amount should Swifty report as "Cash and cash equivalents" on its balance sheet?
Business
1 answer:
Tcecarenko [31]3 years ago
4 0

Answer:

$97,530

Explanation:

The computation of the cash & cash equivalent is shown below:

= Cash in Bank + Cash on Hand + Highly Liquid Investment + Petty Cash

= $47,300 + $13,700 + $36,000 + $530

= $97,530

We simply added the above four items so that the cash & cash equivalent could come

Therefore the amount that should be reported is $97,530

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Carlos is a salesperson for an industrial equipment company. Carlos calls on manufacturers and spends most of his time talking w
Andru [333]

Answer:

The correct answer is letter "A": Determining other purchase decision influencers.

Explanation:

While engaging prospective buyers into a purchase, salespeople should be aware of what the consumer is looking for. Different consumers have different preferences such as <em>price, brand, quality, technical features, </em>or <em>useful life</em>. Then, once the <em>purchase decision influencer</em> has been identified, clerks must focus on that characteristic to attempt closing the sale.

Thus, <em>Carlos must review his sales speech and pay special attention to what customers are looking for to determine which purchase decision influencer they are related to.</em>

5 0
4 years ago
1. Which of the following redistribution programs provide medical assistance to those who are disadvantaged or unemployed?
Anettt [7]
1. The correct answer is Medicaid.
Medicaid is a distribution program that provide assistance to those who are disadvantaged or unemployed. 
Medicaid provides health coverage or nursing home coverage to certain categories of low-asset people, these includes pregnant women, parents of eligible children, people with disabilities and the elderly.It covers doctor visits, hospital expenses, nursing home care, home health care, etc.

 2.The answer is Education
 Education is the redistribution programs that can significantly increase the level of output of a nation by improving the human capital and efficiency of the workforce. The education and training of a country's workforce is a major determiner of how well the country's economy will perform. It is important to understand that globalization and international trade requires countries and their economies to compete with each other. Economically successful countries will hold competitive and comparative advantages over other economies. 

3. The characteristic of a public good would be ; the cost to build it is the same, regardless of how many people use it. 
A public good is a shared good or service for which it would be impractical to make consumers pay individually and to exclude non payers; any number of consumers can use them without reducing the benefits to a single consumer. In other word it is something that we need and makes life better, that the free market won't provide; for example roads, dams, lighthouses, etc.
3 0
4 years ago
Askin again cuz I rly need help <br> My business class suuuuckkks :(
Nutka1998 [239]
Daycare, in-home nurse, cleaning service, drivers Ed
3 0
3 years ago
Product
Nikitich [7]

Answer:

B

Explanation:

7 0
4 years ago
Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credit for
Reika [66]

Answer and Explanation:

The computation of the amount is shown below:

a. For FOB destination

=  Merchandise price - Returns and allowances - discount

= $6,700 - $1,750 - ($6,700  - $1,750 )× 2%

= $6,700 - $1,750 - $99

= $4,851

b. For FOB shipping point

= Merchandise price - Returns and allowances - discount + Freight In

= $3,300 - $1,200 - ($3,300 - $1,200) × 1% + $200

= $3,300 - $1,200 - $21 + $200

= $2,279

7 0
3 years ago
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