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mario62 [17]
3 years ago
5

How does a global economy impact you?

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
7 0

Answer:

it impact me because the global helps things to make me smart

Explanation:

mark me brainelest pls

You might be interested in
Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid Ask 55.25 55.50 a. Suppose
kobusy [5.1K]

Answer:

$55.50

Explanation:

The bid price is $55,25 is the price applicable to investors would intend to sell their investment.

The ask price is $55.50 is the price applicable to investors who wish to acquire the Fincorp stock.

The prices have been computed in such a  way that the broker will always gain, whether an investor is buying or selling his/her stake.

Conclusively, the order given to the broker to buy at market would be executed at the ask price of $55.50, not the other way round.

8 0
3 years ago
Cash Flows. Quick Computing currently sells 10 million computer chips each year at a price of $20 per chip. It is about to intro
Tema [17]

Answer:

Since net revenue has increased from $140 million to $246 million = $106 million by considering all costs thus all the costs and revenue shall be considered.

Explanation:

For calculating the present value, all the cost and revenue will be considered.

Original revenue = Sale of 10 million chips

10 million \times $20 = $200 million

Less: Cost = 10 million \times $6 = $60 million

Net Revenue = $140 million

In case of introducing new chips

Revenue will be as follows

12 million \times $25 + 3 million \times $20

= $300 million + $60 million = $360 million

Less: Costs 12 million \times $8 + 3 million \times $6

= $96 million + $18 million = $114 million

Net Revenue = $360 - 114 = $246 million

Since net revenue has increased from $140 million to $246 million = $106 million by considering all costs thus all the costs and revenue shall be considered.

3 0
3 years ago
Under what conditions could a company artificially increase their current ratio at the end of their accounting reporting period
Lubov Fominskaja [6]

Answer:

1) Prompt Submission of invoice

2) Removal of unnecessary assets

3) Bargain for a longer payment period

Explanation:

Current ratio measures the capability of a business or organisation to meet up to its short-term obligations that are due within a period of one year.

Conditions in which a company can increase its current ratio at the end of their accounting period include:

A) Prompt invoice submission:

Invoice should be submitted early to the customers. The more your accounts receivables increase and the quicker money is derived from your sales,the better your current ratio be and you will have much more money.

B) Removal of unnecessary assets:

All business has unproductive assets. Resources that are just lying there and wasting,resources that is not earning anything. It is advisable to dispose them off since they are not adding to your income.

C) Bargain for longer payment period:

Try and negotiate for a longer payment periods with your vendors and ask if you can be given discounts.

3 0
3 years ago
Taylor, Inc. had accounts receivable of $310,000 and an allowance for doubtful accounts of $19,500 just before writing off as wo
eimsori [14]

Answer:

Net realizable value before write off and after write off remains the same. since the write off is recorded as a debit to uncollectible account and credit to accounts receivables account. The net realizable value is  $ 290,500.

Explanation:

Net Realizable value before write off =

Accounts Receivable - Allowance for doubtful accounts

$ 310,000 - $ 19,500   = $ 290,500

The recording for the write off is

Allowance for doubtful accounts  Debit              $ 1,300

Accounts receivables                     Credit                               $ 1,300

Balances after write off are

Accounts Receivable                         $ 310,000 - $ 1,300  = $ 308,700

Allowance for doubtful accounts      $ 19.500- $ 1,300  =    <u> $   18,200</u>

Net realizable value after write off is                                      $ 290,500

There is no change in the net realizable value of receivables

7 0
3 years ago
Gross Accounts Receivable is $10,000. Allowance for Doubtful Accounts has a credit balance of $200. Net sales for the year are $
cluponka [151]
1. <span>$3,000

2. </span><span>Contra-revenue

3. </span><span>Value of the Current Unpaid Receivables.

4. T</span><span>rial balance and the balance sheet columns</span>
6 0
4 years ago
Read 2 more answers
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