Answer:
The solution according to the given query is provided below.
Explanation:
The given question seems to be incomplete. The attachment of the complete query is provided below.
Now,
The additional investment will be:
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By putting the values, we get
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Now,
The drawings will be:
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By putting the values, we get
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<span>It is not important to always have a health insurance or to be employed in order to see the doctor.
There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.
In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.
The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>
Answer:
Firm’s sales uncollected for year is 42 days.
Explanation:
Account receivable turnover ratio = $621,000 / $70,422
Account receivable turnover ratio = 8.69
Thus, accounts receivable turnover ratio is 8.69
Average collection period = 365 / Account receivable turnover ratio
Average collection period = 365 days / 8.69
Average collection period = 42.00
Thus, firm’s sales uncollected for year is 42 days.
Answer:
4.89%
Explanation:
Real rate of return = 3.37%
Inflation rate = 1.47%
The nominal rate of return is computed as shown below:
= [ (1 + real rate of return) x (1 + inflation rate) ] - 1
= [ (1 + 0.0337) x (1 + 0.0147) ] - 1
= (1.0337 * 1.0147) - 1
= 1.04889539 - 1
= 0.04889539
= 4.889539%
= 4.89% approx.
