A firm has an operating cycle of 120 days, an average collection period of 40 days, and an average payment period of 30 days. The firm's average age of inventory is days is 80.
Average inventory age=operating cycle - average collection period
=120-40
=80 days
What is average age of inventory?
The typical number of days it takes a business to sell off its inventory is known as the average age of inventory. Analysts use this indicator to assess the effectiveness of sales. Days' sales in inventory are another name for the average age of inventory (DSI).
How can you figure out how old an organization's inventory is on average?
The cost of goods sold (COGS) for the time period is divided by the average inventory balance, and the result is multiplied by 365 days to determine the average age of the inventory. Over the course of a year, the average age of inventory is computed.
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L
GAAP requires trading and available-for-sale investments to be reported
Oa. at their historical cost
Ob. at their market value
Oc. at their net realizable value
Od. at their fair value
GAAP requires trading and available-for-sale investments to be reported at their fair value. Option (d) is correct.
What do you mean by Investment?Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional revenue or to make money on the investment over a certain amount of time.
A unified set of accounting guidelines, methods, and standards known as generally accepted accounting principles (GAAP) were released by the Financial Accounting Standards Board (FASB). When their accountants put together a public company's financial statements, they must adhere to GAAP in the United States.
GAAP is made up of authoritative standards (established by policy bodies) and generally recognized practices for capturing and disclosing accounting data. The goal of GAAP is to make financial information more understandable, consistent, and comparable to other financial information.
Therefore, Option (d) is correct. At their fair value.
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if two companies in the same industry use different methods to value inventory, this makes comparisons more difficult but not impossible
Comparing two businesses in the same industry that value their inventories differently makes it more challenging but not impossible. To enable investors to more correctly compare financial accounts, the FASB mandates a separate remark in the financial statements to highlight the effects of inflation.
Comparing two businesses in the same industry that value their inventories differently makes it more challenging but not impossible. Ratio analysis is a very useful technique that investors can use to compare the financial performance of various organizations.
Some businesses employ multiple assumptions, one for a specific inventory item and a different one for the rest. the gathering of data on comparability criteria and comparable uncontrolled transactions for use in a comparability analysis.
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which of the following is increased with a credit? multiple choice net income sales revenue rent expense salaries and wages expense
With the increase of credit Service Revenue also increases.
Assets and stockholders' equity are both increased by recognising income that is earned for cash or on account. The rise in stockholders' equity (service revenue) is documented with a credit, while the increase in assets (cash or accounts receivable) is recorded with a debit.
Who is a stockholder?
Owners of an organization's existing shares, also known as shareholders or stockholders, are entitled to a piece of the company's remaining assets, earnings, and voting power.
These benefits take the shape of rising stock prices or dividend payments from financial gains. In contrast, when a corporation experiences a loss, the share price inevitably falls, which may result in financial losses for shareholders or portfolio reductions.
A majority shareholder is a single shareholder who holds and controls more than 50% of the outstanding shares of a corporation. Comparatively, minority shareholders are individuals who own less than 50% of a company's equity.
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All of the following are essential professional skills and personality traits except
patience
problem-solving
negotiation
self-promotion
when accounts receivable decrease net sales are greater than cash receipts from customers. net sales are less than cash receipts from customers. net sales are equal to cash receipts from customers.
When accounts receivable decrease net sales are greater than cash receipts from customers then the net sales are less than cash receipts from customers.
What are net sales?
The total of a company's net sales is its gross sales less any returns, allowances, and discounts. Externally, net sales calculations are not always obvious. They can frequently be taken into account when calculating top-line revenues that are shown on the income statement. You can take out all additional deductions, such as discounts, returns, and allowances, by subtracting the total number of sales. Your net sales, for instance, would be $96,000 if your gross sales were $100,000 and you deducted $2,000 in sales discounts, $1,000 in sales allowances, and $1,000 in sales returns. When appearing on an income statement, net sales may be referred to as "net revenue" or simply "sales."
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which of the following would be allowed during the cooling off period allocating shares to investors
The following might be allowed for the duration of the cooling off duration allocating stocks to investors: B- Taking warning signs of interest.
The required details for Shares in given paragraph
A percentage is a unit of fairness possession in the capital inventory of a corporation, and might confer with devices of mutual funds, restrained partnerships, and actual property funding trusts. Share capital refers to all the stocks of an enterprise. The proprietor of stocks in a employer is a shareholder (or stockholder) of the corporation. A percentage is an indivisible unit of capital, expressing the possession dating among the employer and the shareholder. The denominated cost of a percentage is its face cost, and the overall of the face cost of issued stocks constitute the capital of a employer, which might not replicate the marketplace cost of these stocks.
The profits obtained from the possession of stocks is a dividend. There are one-of-a-kind forms of stocks which include fairness stocks, choice stocks, deferred stocks, redeemable stocks, bonus stocks, proper stocks, and worker inventory choice plan stocks.
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Complete question
Which of the following would be allowed during the cooling off period?
A) Taking orders
B) Taking indications of interest
C) Allocating shares to investors
D) Distributing a prospectus
________ is achieved by coordinating the flow of event information between business applications.
Application integration is achieved by coordinating the flow of event information between business applications.
What exemplifies data integration the best?
The technological and business procedures used to combine data from several sources to give the user a unified, single picture of the data are referred to as data integration. Standards, procedures, and policies for preserving the security and integrity of data are defined under data governance. Data architecture offers a structured method for establishing and controlling data flow. The creation of DBMS was done in order to store data. If access is made available, multiple users may access the data stored in the database management system. The data will be accurate and comprehensive when it is saved, ensuring data integrity.
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since contingent workers are already specialists in a particular task, the hiring firm does not customarily incur which of the following?
Because contingent workers are already specialists in a particular task, the hiring firm doesn't customarily incur training costs.
Contingent workers are the ones who work for organizations without being hired as employees. Contingent workers may temporarily provide their services under a contract or on an as-needed basis. Contingent workers are often hired to complete a specific project, rather than accepting an ongoing and open-ended workload as a permanent employee does.
Independent contractors, freelancers, consultants are all examples of contingent workers.
Training is usually minimal for contingent workers since they are already experts or experienced in their own fields.
The question's multiple choices are probably these:
a) relocation expensesb) start-up costsc) training costsd) travel expensesIn that case, option c is the correct option.
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If a government wants to improve the economy, what could do ?
Answer: investing public funding and by encouraging investment by mainstream finance providers and social investors
Please help me with this i will give brainlist
Explanation:
this is the pdf
what is your question?
If an increase in the demand for reserves causes a deviation in the federal funds rate from a target rate, the Fed can maintain the target by. A.causing the supply curve of reserves to shift to the left B.causing a downward movement along the supply curve of reserves C.causing the supply curve of reserves to shift to the right D.causing an upward movement along the supply curve of reserves
The Federal Reserve can maintain the target rate by increasing the supply of reserves to meet the increased demand. To do this, the Federal Reserve would need to shift the supply curve of reserves to the right.
Maintaining the Federal Funds Rate Target with Increased Supply of ReservesThe Federal Reserve can maintain the target rate by increasing the supply of reserves to bring the actual rate back in line with the target rate. Increasing the supply of reserves will cause the supply curve of reserves to shift to the right, which will increase the quantity of reserves available and lower the federal funds rate back to the target rate.
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which of the following is an example of operating cash receipts? i. cash collected from customers ii. cash received from interest iii. cash received from dividends i, ii, and iii
All of the above including cash receipts, cash collected, cash from interest and cash from dividends are example of operating cash receipts.
What is cash receipts?By crediting sales and debiting cash and transactions linked to receipts, a cash receipts journal—also known as the main entry book—is used in an accounting system to keep track of the sales of items when cash is received. A printed recognition of the sum of money received during a transaction involving the transfer of cash or cash equivalents is known as a cash receipt. The vendor gives the consumer the original copy of the cash receipt, keeping the other copy for accounting needs. The vendor gives the consumer the original copy of this receipt; he or she retains a copy for record-keeping purposes.
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A firm is more likely to engage in horizontal foreign direct investment if
Answer:
a form is more likely to engaging horizontal foreign direct investment if ...
The following information relates to the manufacturing operations of the Abbra Publishing Company for the year:
Beginning Ending
Raw materials inventory $549,000 $612,000
The raw materials used in manufacturing during the year totaled $1,028,000. Raw materials purchased during the year amount to:
a. $965,000.
b. $902,000.
c. $1,577,000.
d. $416,000.
e. $1,091,000.
Inn this case, Abbra publishing company, Raw materials purchased during the year amount to $1,091,000.
What is raw materials? Also explain above answer.
Materials or substances used in the first stages of producing or manufacturing items are known as raw materials.
On commodity markets across the world, raw materials are commodities that are purchased and sold. Because raw materials are production factors, businesses trade them on the factor market.
Raw material purchase budget is determined by adjusting the raw material usage budget for opening and closing inventory of materials.
Purchase budget = usage budgeted + closing inventory - Opening inventory
Purchase budget = 1,028,000 + 612,000 - 549,000= $1,091,000
Note the closing inventory represents the stock of materials needed to be kept, hence it will increase the purchase budget. So we added.
On the other hand hands, the opening inventory represented what already existed, hence we subtracted it as it will reduce what will be required.
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What is the difference between a job analysis and a job description?
A. A job analysis is done by potential employees, while the job
description is done by the company.
OB. A job analysis is a permanent element of a position, while a job
description is always changing.
OC. A job analysis doesn't include details of the job, while the job
description is very detailed.
OD. A job analysis analyzes the job as a whole, while the job
description is prepared for potential employees.
Answer: A. A job analysis analyzes
The difference between a job analysis and a job description is A job analysis is done by potential employees, while the job description is done by the company.
Option A is correct.
A job description describes the duties, skills, and responsibilities of a position. A job description reflects the qualifications and experience required for the job. Job analysis is a thorough evaluation of what the job entails, and the details of the job are reflected in the specification.
What is Job Analysis and Job Description in HRM?Job analysis is the process of gathering and analyzing information about job content and personnel requirements, and the context in which the job is run. This process is used to determine job placement. Under NU values, decision-making in this area is shared between the unit and HR.
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Answer: D. A job analysis analyzes the job as a whole, while the job description is prepared for potential employees
I just took the test!
managers are involved in traditional performance management process, while are involved in continuous performance management.
Managers are involved in traditional performance management process, while managers, peers, and direct reports are involved in continuous performance management.
What is performance management?
Performance management (PM) is the process of ensuring that a collection of actions and outputs effectively and efficiently achieves the objectives of an organization. A department, a person, a full company, or the systems in place to handle certain tasks can all be the subject of performance management. Senior leadership at an organization and task owners typically organize and communicate performance management standards, which may include outlining the duties and results of a job, giving prompt feedback and coaching, contrasting actual performance and behavior with desired performance and behavior, implementing rewards, etc. The effectiveness of performance management depends on clearly defining each person's job within the company in terms of their duties and responsibilities.
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managers are involved in traditional performance management process, while are involved in continuous performance management.
Choose the term that best matches the description given.
to sell the assets of a business, pay the bills and divide the remainder among stakeholders
collateral
O reorganization
O default
O liquidation
The term that refers to sell the assets of a business, pay the bills and divide the remainder among stakeholders liquidation. The option D is correct.
What is liquidation of company?In order to raise money, a corporation will typically liquidate its inventory by selling it off at a steep price. A liquidation sale typically precedes a business closing. The company is shut down once all the assets have been sold.
Due to order of court of voluntarily as per the prevailing corporate law, a company may went into liquidation because the fundamental accounting assumption going-concern may be questionable.
Further a company not able to generate future economic benefits from its operations then shareholder with the help of directors demand for liquidation.
Thus assets are sold , the realized amount of sale distributed to the stakeholders.
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a large country importing desk chairs with free
The gain that domestic producers will get , given the domestic demand , and the quota , is b . 3 . 15 million .
How to find the producer gains ?The gain that domestic producers will gain as a result of the quota can be found by the formula :
= ( Domestic demand before quota x Value of quota ) - ( 1 /2 x difference between quota and domestic supply x Domestic demand )
Domestic demand before quota = 3 million
Value of quota = 1. 1 million
Difference between quota and domestic supply:
= 1. 1 million - 1 million
= 0. 1 million
The gain to producers is therefore :
= ( 3 x 1 . 1 ) - ( 1 / 2 x 0. 1 x 3 )
= 3. 3 - 0 . 15
= $ 3. 15 million
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The full question is :
a large country importing desk chairs with free trade at a world price of $60. a quota of 1.6 million is implemented, which raises the domestic price with quota to $63. with the quota in place, this large country can now import desk chairs at a price of $58. domestic supply with the quota is 1.1 million and domestic demand with the quota is 2.7 million. before the quota was implemented, domestic supply was 1 million and domestic demand was 3 million. the quota on desk chairs will cause domestic producers to gain:
a. 1.83 million
b.3.15 million
c.4.25 million
d.3 million
Which of the following would be considered a key position within a company?
A. Customer
OB. Stockholders
OC. Sales associate
OD. Chief executive officer (CEO)
Answer: D. Cheif executive officer
Chief executive officer (CEO) would be considered a key position within a company. The appropriate response is option D.
What is the role of a Chief executive officer?The chief executive officer (CEO) holds the highest position within an organization and is in charge of putting into action the organization's current plans and policies, enhancing its financial stability, assisting with the ongoing digital business transformation, and establishing its long-term strategy.
A CEO oversees and guides the business in achieving its main goals and objectives. oversees hiring choices made at the company's top level. oversees a group of executives in the consideration of key choices, including as large-scale expansion, joint ventures, mergers, and acquisitions.
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which of these hud programs allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market?
These HUD programs allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market by mortgage insurance for house loans is provided by the FHA (Community Development Block Grant).
What is a mortgage?
A mortgage is a contract between you and a lender that grants the lender the right to seize your property in the event that you are unable to repay the loan amount plus interest.
The value of an existing property may be used as collateral for a mortgage loan to help you purchase a new home.
Seven criteria to check for when getting a mortgage
The loan's size is one.The interest rate and any points attached to it.The expenses paid to the lender as part of the loan's closing costsThe Annual Percentage Rate (4.0%) (APR)The interest rate type and its flexibility (is it set or adjustable?)The loan duration, or the amount of time you have to pay back the loanWhether the loan includes any additional dangerous provisions, including a pre-payment penalty, a balloon clause, an interest-only period, or negative amortisationTo learn more about mortgage from the given link
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which of these hud programs allows mortgage lenders to obtain a better price for their mortgage loans in the secondary mortgage market?
commercial policy insured's have similar loss exposures to personal policy insured's. all of the following are property loss exposures shared by both types of insured's, except:
A government's commercial policy is its approach to managing foreign trade. The phrase "commercial policy" is used to refer to a broad range of subjects that have to do with global trade. Often, trade policy is described as a scale between two extremes.
What do you mean by Commercial policy?
Property, liabilities, people, and net income loss exposures are the four categories of loss exposures that organizations must manage successfully. Insurance professionals can more accurately identify and analyze these loss risks by having a solid understanding of their definitions.The terms are loss exposure, loss, and claim. Loss Exposure is the term used to describe someone or anything that could be hurt, destroyed, vanished, killed, become crippled, or fall ill as a result of an accidental action on the part of another person. Most loss risks can be covered through insurance.To know more about Policy here
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indirect expenses are costs incurred for the joint benefit of more than one department; they cannot be readily traced to only one department.
True. Indirect expenses are costs incurred for the joint benefit of more than one department and are not associated with producing a specific product or service.
Benefits of Sharing Indirect Expenses Across DepartmentsIndirect expenses are costs incurred for the joint benefit of more than one department and are not associated with producing a specific product or service. Examples of indirect expenses include utilities, office supplies, rent, and insurance. These costs cannot be easily traced to a single department and are instead shared by the entire organization.
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clear sky credit corporation asks dimension games company to agree to a security agreement that provides for coverage of the proceeds from the sale of after-acquired property. this is
Conflicting Imperfect Security Interests: When there are unfinished security interests within the same collateral held by two or maybe more secured parties.
The definition of "company"The Old French word "compagnie," it first appeared in the Sumptuary code and meaning "one who eats wheat with you," is where the English word "company" originates. To describe a "society, friendship, closeness, or body of troops," it was first utilized in 1150.
What does a company's kind mean?types of businesses Any business created in accordance with the 2013 Companies Act is referred to as a "company." The term "company" is typically associated with a privately owned corporation, but it can also generically refer to a one-person firm, a limited company, or a section 8 company.
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Characterize the following decision as either tactical or strategic:
"To operate make-to-stock or make-to-order" Also explain in 1 or 2 sentences why you choose Tactical or Strategic?
a. Tactical
b. Strategic
The best choice is B. Strategic decisions are those that have an impact for years, decades, or even beyond the project's lifespan.
What are an example of a strategic decision?Strategic choices are based on a firm's mission, goal, and/or objectives. An instance. A cat restaurant chain manager observes that his consumers prefer fresher, higher-quality food to cat food that is sold in cheap, big amounts.
What three strategic choices are there?Any organization employs these three layers to determine its strategy. The level at which strategies work in a firm is what distinguishes the three tiers of policy in an organization. Strategic planning process, corporate planning strategy, and functional level strategy are the three levels.
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which of the following is not considered other information in documents containing audited financial statements?
Additional information, such as a management report on operations, is provided in addition to the audited financial statements.
What is an audited financial statement?
A company's document that a certified public accountant (CPA) has reviewed and decided is error-free is called an audited financial statement. Companies may request that an outside auditor check their financial accounts in order to confirm the accuracy of the information included therein and to confirm the business's financial credibility. To guarantee that they offer a trustworthy depiction of the organization's finances, such as costs and earnings, stakeholders and decision-makers, such as investors, may demand audited financial statements from a corporation.
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which of the following is not considered other information in documents containing audited financial statements?
Suppose you paid your college professor to evaluate a project for you. If you would pay him regardless of your decision concerning whether to proceed with the project, the payment should be considered as a(n). A) Complementary cost B) Opportunity cost C) Sunk cost D) Obligated cost
This type of payment is an example of Sunk Cost.
What is Sunk cost?A Cost that has already been made but cannot be recouped is referred to as a sunk cost, also known as a retrospective cost. Sunk costs in company include things like marketing, research, installing new software or equipment, paying for workers and benefits, or paying for facilities. Opportunity costs, in contrast, represent the profits lost from resources that were invested somewhere else.
According to Analysts, sunk costs should not, in theory, be considered while making decisions in the future. But in reality, sunk costs can and frequently do have a big impact on future choices. This is largely due to the psychological difficulty of letting go of previously used time, effort, or money, even when the results did not live up to expectations.
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which of the following are part of total wage income? multiple select question. domestic-born wage income immigrant wage income brain drain wage income foreigner wage income import wage income
The overall wage income includes both domestic-born individuals and immigrants.
What are different types of income?Wages, rent, capital gains, company revenue, and other forms of income are a few typical sources of income. Understanding how each type of income is taxed is not always simple, and you may require a corporate tax calculator to do so.
What makes income crucial?The financial resources provided by income influence decisions about housing, schooling, affordable childcare, food, medical treatment, and other things. Wealth, its accumulation of resources and assets, serves as a buffer and kind of protection for us during difficult economic times. Health fluctuates along with income and affluence. something that ensures a consistent flow of cash, such as a job, investments, a retirement, etc.
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kyle has received a new credit card that has a $500 credit limit and charges an 18% annual rate of interest. kyle has obtained a(n) credit account. group of answer choices installment regular revolving budget
Kyle has obtained a Revolving credit account.
What is Revolving?A form of credit account called a revolving credit account has a cap on the total amount that can be borrowed and levies interest on unpaid amounts.
The term "installment credit account" refers to a specific kind of credit account designed to handle a single total credit amount that is to be repaid in recurring installments. Regular credit accounts allow customers to make purchases at any time during a predetermined time frame, which is typically 30 days.
An open account is another name for this. A budget account is a type of short-term credit that is typically set up for durations of 60 or 90 days with payments due every 30 days.
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circle the most accurate statement. price is not used to equilibrate supply and demand in continuous markets that use the discriminatory pricing rule to arrange trades. price is not used to equilibrate supply and demand in call markets that use the uniform pricing rule to arrange trades. price is not used to equilibrate supply and demand in crossing networks that use the derivative pricing rule to arrange trades. each of the above statements (a, b, and c) is incorrect.
In continuous exchanges that set prices in accordance with the discriminatory selling rule, price is not utilized to balance supply and demand.
What Role Does Trade Play?There are many reasons why trade is important, but some of the more frequently mentioned ones are price reduction, maintaining or gaining competitiveness, building relationships, promoting growth, lowering inflation, promoting investment, and supporting higher-paying jobs.
What Benefits and Drawbacks Does Trade Have?Trade has various benefits, including raising living standards and promoting economic expansion. However, trading can be manipulated politically by using tariffs and embargoes to control trading partners. Language hurdles, cultural differences, and limitations on what can imported or exported are further problems.
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The members of a team you are leading have very specific responsibilities that do not overlap, Occasionally a team
member is pulled away briefly to handle other company functions, delaying your team's work because that team
member's tasks cannot be completed. Your team members have in the past expressed reservations about being
cross-trained on each other's responsibilities.
What would you do?
Attempt to set more flexible deadlines for your team's projects so that delays can be
accommodated.
Use temporary workers to fill in for team members when they are pulled away to handle other
company functions.
Implement a program to train the team across job responsibilities, indicating that the needs of
the team outweigh team member's reservations,
Explain to your team the benefits for both the group and their own careers of building a diverse
range of job skills.
Work with management to create an incentive program that would promote cross-training
across job responsibilities.
Since the members of the team have specific responsibilities that do not overlap, you have to: Work with management to create an incentive program that would promote cross-training across job responsibilities. Last option.
What is meant by an incentive program?An incentive program is a structured plan designed to encourage or promote certain actions or behaviors by a certain group of individuals over the course of a predetermined amount of time. In instance, incentive programs are utilized in sales to entice and keep customers as well as in business management to inspire personnel.
Programs for rewarding employees are intended to draw in, keep, and develop talent. Rewards and perks are used as incentives to encourage positive workplace habits. They take many different shapes, including paying for college, giving employees extra time off, and giving employers more flexibility.
Hence the last option in the question is the answer to the problem that we have here. You would have to work with the management.
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