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2 years ago

Short term creditors are usually interested in evaluating

Business

1 answer:

LUCKY_DIMON [66]2 years ago

3 0

Answer:

Short-term creditors are most interested in liquidity ratios because they provide the best information on the cash flow of a company and measure its ability to pay its current liabilities or the money a company owes to its creditors.

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The partnership agreement of J. Hansen and D. Hernandez reflects differences in service and capital contributions as follows: (1

jasenka [17]

Answer:

$60,000

Explanation:

Hansen's annual salary allowance= 30,000

Hernandez's annual salary allowance= 10,000

annual interest allowance of Hensen= 0.1 × 50,000= 5000

annual interest allowance of Hernandez= 0.1 × 50,000= 5000

Remaining balance=100000- 5000-5000-30000-10000= 50000

Share of each partner from remaining balance= 25000

Hensen's income= 25,000+ 5000+ 30000= 60,000

6 0

3 years ago

Read 2 more answers

Capacity planning requires demand forecasts for an extended period of time. Forecast accuracy tends to _______ as the forecasti

Aleonysh [2.5K]

Forecasting accuracy tends to decrease as the forecasting horizon increases.
Explanation—
It is harder to forecast far into the future. Accuracy is going to decrease because there are too many variables over more time. It is easier to forecast for just a few days in the future.

8 0

2 years ago

Here are data on two companies. The T-bill rate is 5.8% and the market risk premium is 7.4%.

cupoosta [38]

Answer:

18.38% and 13.2%

Explanation:

As we know that

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

So for Discount store, it is

= 5.8% + 1.7 × 7.4%

= 5.8% + 12.58%

= 18.38%

And for everything store, it is

= 5.8% + 1.0 × 7.4%

= 5.8% + 7.4%

= 13.2%

The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.

5 0

3 years ago

Mini Mart suspects that Junior is stealing candy. The next time Junior comes into the store, the manager at Mini Mart detains Ju

max2010maxim [7]

Answer:

The mini mart manager actually doing the right thing.

But The police still come and ask for the proof from the managers for the basis of the accusation

Explanation:

Most states in united states allowed Business establishment to legally detained the people who they suspect to be stealing. This action is protected under the probable cause.

But , there are several requirements that the business onwer needs to follow:

- They shall not intentionally harm the suspects

- They shall not publish the information about the case to the public unless the court determine that the suspect is guilty.

- The basis of the detain must be reasonable.

In the case above, the police will most likely come and ask the manager to provide proof. (usually by looking at the camera footage in the store or witnesses) . If the police believe the proof to be sufficient, the suspect will be processed accordingly.

3 0

3 years ago

What would the income statement and balance sheet look like for this problem?

steposvetlana [31]

Answer:

INCOME STATEMENT

For the year ended December 31

Service Revenue $149,200

Property Taxes 8,800

Salaries Expense 126,600

Insurance Expense 7,300

Supplies Expense 6,600 $149,300

Net loss $100

Dividends 3,100

Retained Earnings ($3,200)

BALANCE SHEET

As of December 31

Assets:

Cash $81,900

Supplies 3,200

Accounts Payable <u> 1,900</u>

Total Assets $87,000

Liabilities + Equity:

Accts Receivable 51,800

Deferred Revenue 1,100

Insurance Payable <u>7,300</u>

Total liabilities 60,200

Common Stock 30,000

Retained Earnings (3,200)

Total liabilities and

stockholders' equity $87,000

Explanation:

a) Data and Calculations:

Cash account

Date Accounts Title Debit Credit

Jan. 9 Service Revenue $137,100

Feb. 12 Accounts receivable 51,800

Apr. 25 Deferred Revenue 13,200

July 15 Property taxes $8,800

Sep. 10 Accounts Payable 11,700

Oct. 31 Salaries Expense 126,600

Nov. 20 Common Stock 30,000

Dec. 30 Dividends 3,100

Dec. 31 Balance $81,900

$232,100 $232,100

Service Revenue

Date Accounts Title Debit Credit

Jan. 9 Cash Account $137,100

Dec. 31 Deferred Revenue 12,100

Dec. 31 Income Statement $149,200

$149,200 $149,200

Accounts Receivable

Date Accounts Title Debit Credit

Feb. 12 Cash Account $51,800

Deferred Revenue

Date Accounts Title Debit Credit

Apr. 25 Cash Account $13,200

Dec. 31 Service Revenue $12,100

Dec. 31 Balance $1,100

$13,200 $1`3,200

Supplies

Date Accounts Title Debit Credit

May 6 Accounts Payable $9,800

Dec. 31 Supplies Expense $6,600

Dec. 31 Balance 3,200

$9,800 $9,800

Accounts Payable

Date Accounts Title Debit Credit

May 6 Supplies $9,800

Sep. 10 Cash Account $11,700

Dec. 31 Balance $1,900

$11,700 $11,700

Property Taxes Expense

Date Accounts Title Debit Credit

July 15 Cash Account $8,800

Salaries Expense

Date Accounts Title Debit Credit

Oct. 31 Cash $126,600

Common Stock

Date Accounts Title Debit Credit

Nov. 20 Cash Account $30,000

Dividends

Date Accounts Title Debit Credit

Dec. 30 Cash Account $3,100

Insurance Expense

Date Accounts Title Debit Credit

Dec. 31 Insurance Payable $7,300

Supplies Expense

Date Accounts Title Debit Credit

Dec. 31 Supplies Account $6,600

Insurance Payable

Date Accounts Title Debit Credit

Dec. 31 Insurance Expense $7,300

Adjusted TRIAL BALANCE

As of December 31

Accounts Title Debit Credit

Cash $81,900

Supplies 3,200

Accounts Payable 1,900

Property Taxes 8,800

Salaries Expense 126,600

Insurance Expense 7,300

Supplies Expense 6,600

Service Revenue $149,200

Accts Receivable 51,800

Deferred Revenue 1,100

Insurance Payable 7,300

Common Stock 30,000

Dividends 3,100

Total $239,400 $239,400

3 0

3 years ago