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TEA [102]
3 years ago
6

A contingency reserve is money assigned to the project and allocated for identified risks for which contingent responses are dev

eloped.
a. True.
b. False.
Business
1 answer:
Rudik [331]3 years ago
3 0

Answer:

The correct answer is letter "A": True.

Explanation:

Contingency reserves are funds that companies save to face economic hardships. In some cases, those negative situations can be expected while in some other cases they cannot -such as acts of God. Contingency plans come along with the contingency reserve to have an idea of what the company is going to do with the funds.

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Explanation:

4 0
2 years ago
the ____ is a federal government agency that offers both managerial and financial assistance to small businesses
hjlf
Small business administration.
5 0
2 years ago
"PDQ Corporation has declared a rights offering to stockholders of record. The company has 5,000,000 shares outstanding and is s
Nimfa-mama [501]

Answer: C. II and III

Explanation:

There are 5,000,000 shares of PDQ Corporation as of when they declared the rights offering. This means that every share will get a right to buy stock.

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A customer who owns 500 shares will therefore get 500 rights.

However with one stock up for sale per 5 rights they will receive the opportunity to buy;

= 500/5

= 100 shares

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3 years ago
Ram said to me "Dont stand up" .(into indirect speech)​
kupik [55]

ram.asked me not to stand

4 0
2 years ago
Read 2 more answers
Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial s
Anettt [7]

Answer:

The calculations are shown below:

Explanation:

The computation is shown below:

As we know that

Inventory turnover ratio is

= Cost of goods sold ÷ Average inventory

So

For year 2015, it is

= $1,270 ÷ $210

= 6.05 times

For year 2014, it is

= $1,560 ÷ $220

= 7.09 times

For year 2013, it is

= $2,000 ÷ $380

= 7.14 times

1-b Average days to sell inventory is computed by considering the

= Total number of days in a year ÷ inventory turnover ratio

So

For year 2015, it is

= 365 ÷ 6.05

= 60.33 days

For year 2014, it is

= 365 ÷ 7.09

= 51.48 days

For year 2013, it is

= 365 ÷ 7.14

= 51.12 days

2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015  

7 0
3 years ago
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