Answer:
C. order-to-payment cycle
Explanation:
Order to cash, also known as the or the quote-to-cash cycle, refers to the process of receiving and completing a sale the beginning with the placement of the order and ending with the payment.
I hope you find this information useful and interetsing! Good luck!
Answer:$1,800
Explanation:
The first step is to calculate the amount of purchase price allocated to the stock and to the warrants. This allocation is made on the basis of the ratios of the relative fair market values of the stock and warrants over the total fair market value of stock and warrants. The combined fair market value is $60 ($50 stock + $10 warrants). The allocation is Warrants:$10/$60 × $108,000 = $18,000 Stock: $50/$60 × $108,000 = $90,000 The final step is to compute the gain or loss on the sale of warrants by comparing the purchase price allocated to the warrants with the selling price of the warrants. The selling price was $19,800 and the allocation of purchase price was $18,000; therefore, the gain on the sale of warrants was $1,800
