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3 years ago

The purpose of this category of interview questions is to obtain factual information about the interviewee.

Business

2 answers:

elena55 [62]3 years ago

7 0

The answer should be A

Svetradugi [14.3K]3 years ago

5 0

Answer:

Explanation:

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Cali Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first

victus00 [196]

Answer:

The preparation is presented below:

Explanation:

The preparation of the retained earnings statement for the year ended July 31, 2018 is presented below:

Cali Communications'

Retained Earning statement

For the year ended July 31, 2018

Beginning balance of retained earning $0

Add: Net income $5,150

Less: Cash Dividend paid -$0

Ending balance of retained earning $5,150

6 0

3 years ago

A customer buys 100 shares of ABC at $17 as the initial transaction in a new margin account. The customer must deposit:______

Elena L [17]

Answer:

$1,700

Explanation:

Although the minimum equity to open a long margin account is $2,000. However, this does not apply if the securities in the account are paid fully.

It will amount to potential loss if a customer is asked to deposit more than 100% when buying. Since the customer wants to buy 1,700 of stock, it means that 100% or $1,700 (100 shares × $17) must be deposited.

3 0

3 years ago

Question 6 (multiple choice)

Tasya [4]

It may be A but if it isn't I'm sorry

3 0

3 years ago

Read 2 more answers

To understand how the weights of the cereal boxes vary among four different adjustable stabilizer settings of the rotary valve o

malfutka [58]

Answer:

The correct answer is letter "B": the independent variable.

Explanation:

Multiple regression is a mathematical model used concerning two or more variables when one value is to be used. The independent variable is the reason for the research, and the variables are dependent when they represent the value factors that need to be evaluated and are why the analysis is being carried out.

In the example,<em> the independent variable is the weight of the boxes</em> and <em>the dependent variables are the adjustable stabilizer settings of the rotary valve on the filling machine in three different production shifts</em>.

8 0

3 years ago

Trout Lumber Yard has a current accounts receivable balance of $447,516. Credit sales for the year just ended were $8,105,305. a

musickatia [10]

Answer:

Trout Lumber Yard

a. The receivables turnover = Net Credit Sales/Average Receivables

= $8,105,305/$447,516

= 18 times per year

b. The Days' Sales in Receivables = Average Receivables/Credit Sales * 365

= $447,516/$8,105,305 * 365

= 20.15 days

c. On the average, it took 20.15 days (365/18.11) for credit customers to pay off their accounts during the past year.

Explanation:

a) Data and Calculations:

Accounts receivable balance = $447,516

Credit sales for the year just ended = $8,105,305

The receivables turnover = Net Credit Sales/Average Receivables

= $8,105,305/$447,516

= 18.11 times

The Days' Sales in Receivables = Average Receivables/Credit Sales * 365

= $447,516/$8,105,305 * 365

= 20.15 days

8 0

3 years ago