The United states has the massive spending when it comes to the money they have spent buying the things that they would need if they are going to engage on a fight or worse, on a war. This spending is concentrate in North America and of course the Europe. That was when a major feel down struck them.
Answer:Current Ratio=4.5
Explanation:
Current Ratio = Current Assets / Current Liabilities
Current assets = Cash + Marketable Securities + Accounts and Notes Receivable+ Inventories + Prepaid expenses
= $280,000 +$131,000 + $395,000 + $570,000 + 19,000=$1,395,000
Current liabilities = Accounts and Notes Payable (short-term) + Accrued Liabilities
=$250,000 + $60,000= $310,000
Current ratio = $1,395,000 / $310,000= Current Ratio
Answer:
The correct answer is D. All of the above.
Explanation:
Simplification in the field of taxes can be observed considering the tax structure, if it implies a complex tax system there will be higher compliance and administration costs, but the complexity of the system is sometimes difficult to eliminate. There are few simple things in tax compliance.
There are complications that can be avoided and these usually begin with the fact that the officials of the Tax Administration are unaware of the tax regime or the provisions of the tax laws. Usually this is linked to a limited knowledge of tax law as a discipline with a dogmatic of its own. The public function in the field of tributes is often occupied by assuming the Turkish proverb that says: "If Allah gives you authority, it will also give you the intelligence necessary to know how to command."
Regularly every official in the area of tax law is a kind of legal autarchy that knows spontaneously and naturally the subject under his responsibility. Thus, in each general rule or in each resolution or decree, concepts that are clear in the Tax Code are redefined, but redefined to give it another meaning in accordance with the notions just arrived at the Administration. Arranged with the pragmatic and practical statute that on the road the load is rigged.
Answer:
Three years from the expiration of the contract
.
Explanation:
Answer:
Payable days
= Accounts payable/Cost of goods sold x 365 days
= $17 million/$135 million x 365 days
= 46 days
Explanation:
Payable days could be calculated as the ratio of accounts payable and cost of goods sold multiplied by number of days in a year. Accounts payable in the current year is $17 million and cost of goods sold amounted to $135 million.
