Answer:
The correct answer is 10.9 times.
Explanation:
According to the scenario, computation of the given data are as follow:-
Average account receivable = (Opening account receivable + Closing accounts receivable) ÷ 2
= ($92,000 + $26,000) ÷ 2
= $118,000 ÷ 2
= $59,000
We can calculate the account receivable turnover by using following formula :-
Accounts receivable turnover = Net sales ÷ Average Account receivable
= $643,100 ÷ $59,000
= 10.9 times
Answer:
Robert F Williams
Explanation:
He was born in Monroe, North Carolina. He was elected as the local branch president of the NAACP. He was the father of the Black Power movement and civil rights leader who openly advocated armed self-defense for blacks in the 1960s. He inspired the Student National Coordinating Committee, The Revolutionary Action, and The Black Panther Party.
Answer:
b.The company made large investments in fixed assets.
Explanation:
When company cuts dividend , cash in balance sheet will not reduce . It wii be in the form of reserve.
When company makes investment in fixed asset , its cash will decrease.
When the company sold a division and received cash in return , its cash will increase.
The company issued new common stock , its cash will increase .
The company issued new long-term deb , its cash increases .
So option b is correct.
Answer:
the dollar cost of the annual interest on the government's total debt assuming the interest rate and debt is $356 billion
Explanation:
Dollar cost of annual interest on total debt = Total debt for the year x Average interest rate
= $17.3 trillion x 2%
= $17,300 billion x 2%
= $346 billion
This value is closest to option (2).
Basic Answer
a carpenter sells furniture, whereas an automobile manufacturer sells cars.
Bussiness Answer
a carpenter sells style , whereas an automobile manufacturer sells mobility.
