Answer:
Profit arises when total sales exceed total cost for a period. Once a profit has been made, the owners of the business have a choice: Take the profit out of the business (e.g. pay a dividend to shareholders) Retain the profit in the business – either in cash or by investing the profit into new assets.
Here is the answer. The largest royalty for Texas university endowment comes from the economic product which is Oil and Gas. <span>In recent times, the oil and gas royalties created one of the largest university endowments for all University of Texas and Texas A&M schools. Hope this helps.</span>
Answer:
Flextime plan
Explanation:
A flextime plan is a way in which the work time of employees is not fixed and is different from the traditional working hours (for example traditional hours of 9am to 5pm).
In this arrangement it is possible to have a full schedule of work in fewer days. It is possible to run 40 hours of work in 4 days rather than the traditional 5 day work week.
Employers leverage on this type of work plan to meet business needs and to maximise changes in work force
The schedule which Dee is suggesting for Fleesum's employees is for them to work work eight hours per day, but allows them to start as early as 7:00 a.m. or as late as 9:00 a.m., and leave as early as 4:00 p.m. or as late as 6:00 p.m. Her plan also requires all workers to be on the job between 9:00 a.m. and noon, and between 2:00 p.m. and 4:00 p.m.
Business need will most likely be high between 9am to 12pm and 2pm to 4pm.
Answer:
Accounts receivable balance=$306,000.
Explanation:
Given Data:
DSO=17 days
Annual sales=$6,570,000
Number of days in year=365 days
Required:
Accounts receivable balance=?
Solution:
Average sales per day:
Calculating account receivable:
Accounts receivable balance=$306,000.
1) Banks hold excess and secondary reserves toA) reduce the interest-rate risk problem.
2) Which of the following statements most accurately describes the task of bank asset management?
b. Banks seek to have the highest liquidity possible subject to earning a positive rate of return on their operations.
3) The goals of bank asset management include
d. purchasing securities with high returns and low risk.
Hope this helps. Have a nice day.
