According to the regulations in the united states, the correct way to write
$ 450.05 in words on check would be :
Four hundred fifty and 05/100
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Answer:
d) $60,000 is released into working capital
Explanation:
Inventory turnover is the number of times that a firm buys and sells inventory. A high inventory means that the company sells its stock many times in a year.
the formula for inventory turnover ratio
=Cost of goods sold/ average inventory
If a firm has COGS of $800,000 and an inventory turnover of 5, then the average inventory will be
=$800,000 /5
=$160,000
If the firm improves its turnover to 8, then the average inventory will be
=$800,000/8
=$100,000
The firm average inventory will $100,000 as opposed to $160,000 previously.
$60,000 will be released to working capital.
Answer:
option 2) smaller
As CE is the amount which if the agent gets with certainty, then agent will be indifferent between playing lottery or getting that amount with certainty
So L2 is more risky, & agent is risk averse, so agent will be ready to accept a lower amount with certainty ( as compared to the amount for a safer option : L1)
So CE of L2 will be lower
Answer:
The correct option is A,A. 7,000 = NA + 2,000 - (5,000) NA - NA = NA 7.000 FA
Explanation:
By issuing the treasury stock ,asset,cash to be precise increases by $7000($35*200) which implies a debit to the asset ,hence the $7000 seen on the left hand-side of the equation.
This transaction has no liability impact,as a result liabilities is denoted NA,not applicable.
The par value of the treasury is to be credited to treasury stock with $5,000($25*200).
Lastly the difference between the par value and the issue is credited to paid-in capital from treasury stock i.e($35-$25)*200))=$2000,this is depicted by $2000 in the equation
When one commercial bank borrows from another commercial bank, it pays the discount rate.
The one place where a bank can get reserves is by borrowing from a commercial bank. As whenever a person or a business firm or an organization borrows, they should pay interest and a bank that borrows from a commercial firm must pay interest to them too. The interest that the commercial bank charges to banks that borrow from them is called the discount rate.
The term discount rate is used when looking at a certain amount of money to be received in the future years and calculating the present value now. The word “discount” means the amount to be deducted. A discount rate is a typical rate that is deducted from a future quantity of money to provide its present value to money seekers.
The cash flows of investments or business ventures when at the time of discount, it is important to note whether the discount rates used can be varied depending on particular different elements. So, discount rates are paid to compensate the borrower bank to the lender bank during transactions.
Learn to know more about details of discount rates on
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