Answer:
The firm's accounts receivable period is 23.25 days
Explanation:
Accounts receivable period = 365 / Account receivable turnover ratio
When Account receivable turnover ratio = Net sales / Account receivables
Account receivable turnover ratio = 118,280 * 365 days/ 2,750,000
Account receivable turnover ratio = 15.698
Hence, Account receivable period = 365 / 15.698
Account receivable period = 23.25 days
Answer:
•Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.
• Fixed service department costs are based entirely on budgeted data.
Explanation:
Out of the statements in the question, the correct statements are:
Fixed service department costs are based entirely on budgeted data and
Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.
It should be noted that fixed cost doesn't varies with production level but variable cost varies with production level.
Mya is a manager who practices <u>intellectual stimulation</u> with her employees.
<h3>What is
intellectual stimulation?</h3>
Intellectual stimulation can be defined as a form of leadership style in which a manager (leader) encourages innovation and creativity among his or her subordinates (employees), as well as critical thinking and problem-solving skills.
In this context, we can infer and logically deduce that Mya is a manager who practices <u>intellectual stimulation</u> with her employees because she gave them full authority to solve the advertising problem and implement the solution.
Read more on intellectual stimulation here: brainly.com/question/14568042
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Answer:
present value = $57.14.28
present value = $2857.13
Explanation:
given data
perpetuity value = $400
interest rate = 7% = 0.07
interest rate = 14% = 0.14
to find out
What is the present value
solution
we get her present value that is express as
present value = 
............1
put here value for rate 7% and 14%
present value = 
present value = $57.14.28
and
present value = 
present value = $2857.13
Answer:
The correct answer is Increased; decreased.
Explanation:
The future taxable amount is the initial figure on which a specific type of tax is applied to calculate the value of the tax to be paid. The tax base is the “monetary or other magnitude that results from the measurement or valuation of the taxable event” and establishes its estimate according to three methodologies:
- Direct estimation, used in a general way. It is calculated from the data available to the tax payer, for example, through the accounting books.
- Objective estimation, established by law for specific cases. It is not fixed on real data, but rather uses ratios or quantities that allow an average to be made. For example: according to the number of workers.
- Indirect estimate, for cases in which the Tax Agency does not have all the necessary data to establish the tax base.
