Answer:
Month incurred Amount June July August
June 75,000 37500 18,750 18,750
July 95,000 47,500 23,750
August 95,000 47,500
37,500 66,250 90,000
The expected cash receipts are:
June = $37,500
July = $66,250
August = $90,000
Explanation:
The pattern of collection of sales is that 50% are collected in the months of sales while 25% each will be collected in the following month and following 2 months. For instance, 50% of June sales are collected in June, 25% are realized in July and 25% are collected in August. 50% of July sales are realized in July and 25% are collected in August.
Hyundai's success has been attributed to their AGGRESSIVE GOAL SETTING. The articles that review the success of the Hyundai company believed that the success of the company is due to many factors which include: internal transfer of experienced staff, focusing on localized production, the codification of previous experience and aggressive goal setting.
Answer:
The correct answer is letter "B": United Nations Educational, Scientific, and Cultural Organization.
Explanation:
The United Nations Educational, Scientific, and Cultural Organization (UNESCO) is a specialized organism of the United Nations (UN) System. UNESCO works towards creating proper conditions for communication between civilizations, cultures, and peoples, funded in respect of human values. At the same time, contributes to peace conservation and worldwide security through the promotion of cooperation between countries through science, culture, communication, and information.
The UNESCO World Heritage Committee is the board in charge of designing cultural and natural World Heritage sites such as the <em>Taj Mahal </em>(India), the <em>Historic Sanctuary of Machu Picchu</em> (Peru) or the <em>Serengeti National Park</em> (Tanzania).
Answer:
(a) 62%
(b) 3.83 times
(c) Yes
Explanation:
(a) Ellie's debt ratio:
= Total Debt ÷ Total assets
= $39 million ÷ $63 million
= 0.62 or 62%
(b) Ellie's times interest earned ratio:
= Interest ÷ EBIT
= $23 million ÷ $6 million
= 3.83 times
(c) Yes, it has enough times interest ratio.
If Interest expenses increased to $7 Million, then
Company could easily raise more debt to finance additional funding needs.
