It is known as the process through which accountants turn information about specific transactions into financial statements. the cycle of accounting.
An accountant is a person who engages in the practice of accounting or accountancy. After passing certification exams provided by the relevant professional bodies, accountants may use titles like "Chartered Accountant," "Chartered Certified Accountant," "Certified Public Accountant," or "Registered Public Accountant." These experts are subject to disciplinary action for professional misconduct and have legal authority to certify financial statements for organizations, among other responsibilities. Non-qualified accountants are free to work independently or in the employ of a qualified accountant because they have no legal rights or obligations. The personal characteristics of accountants may have a significant impact on the audit process, as well as on audit fees and audit quality, according to Cahan & Sun's analysis of archival data. A misunderstanding about practitioners has crept into popular culture.
Learn more about accountants from
brainly.com/question/14941603
#SPJ4
If the economy is currently in short-run equilibrium at point a, what type of monetary policy would be most effective to bring the economy back to long-run equilibrium?
a) expansionary monetary policy to shift AD to the right
b) expansionary monetary policy to shift SRAS to the right
c) contractionary monetary policy to shift AD to the right
d) contractionary monetary policy to shift SRAS to the right
Expansionary monetary policy to shift AD to the right would be most effective to bring the economy back to long-run equilibrium.
What is Expansionary monetary policy?Short-term interest rates are lowered or the money supply is increased more quickly than normal as a result of expansionary monetary policy. It is implemented by central banks and accomplished through interest rate setting, reserve requirements, and open market activities.
Expansionary policy, sometimes referred to as loose monetary policy, expands the availability of money and credit to spur economic development. In difficult economic circumstances, a central bank may use an expansionist monetary policy towards lower unemployment and increase growth.
To learn more about Expansionary monetary policy
https://brainly.com/question/28038989
#SPJ1
Alizeh invests $10,000 in an actively managed mutual fund that has an annual expense ratio of 1. 3%. The investment earns a 7% rate of return.
The total mutual fund value received by Alizeh is $10,570
Investment in mutual fund = $10,000
Rate of return on investment = 7%
Annual expense ratio = 1.3%
Calculating the annual return on investment
Investment × Rate of return
= 10,000 × 7%
= 700
Calculating annual fees for a mutual fund -
Investment × Annual expense ratio
= 10,000 × 1.3%
= 130
Calculating the total value (after fees) of the mutual fund -
Investment in mutual fund + Annual return on investment - Annual fees for mutual fund -
= 10,000 + 700 - 130
= 10,570
Complete Question
Alizeh invests $10,000 in an actively managed mutual fund that has an annual expense ratio of 1.3%. The investment earns a 7% rate of return.
How much did she make in one year on her investment with the 7% rate of return?
How much does she pay in fees for her actively managed mutual fund?
At the end of the year, what’s the total value (AFTER FEES) of Alizeh’s mutual fund?
Read more about mutual funds on:
https://brainly.com/question/4521829
#SPJ4
expert that helps you learn core concepts.
See Answer
The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would replace an old piece of equipment that costs $30,000 per year to operate. The new machine would cost $12,000 per year to operate. The old machine currently in use is fully depreciated and could be sold now for a salvage value of $40,000. The new machine would have a useful life of 10 years with no salvage value.
Required:
1. What is the annual depreciation expense associated with the new bottling machine?
2. What is the annual incremental net operating income provided by the new bottling machine?
3. What is the amount of the initial investment associated with this project that should be used for calculating the simple rate of return?
4. What is the simple rate of return on the new bottling machine?
1. Annual depreciation expense associated with the new bottling machine is $12,000
2. Annual incremental net operating income provided by the new bottling machine is $18,000
3. Amount of the initial investment associated with this project that should be used for calculating the simple rate of return is 7.5%
4. Simple rate of return on the new bottling machine is 7.5%
How to calculate the Rate of return?
The general formula to calculate the simple rate of return is written as,
SRR = [Cost savings - Depreciation]/ [Cost - Scrap value]
Here have know that the management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would replace an old piece of equipment that costs $30,000 per year to operate. The new machine would cost $12,000 per year to operate. The old machine currently in use is fully depreciated and could be sold now for a salvage value of $40,000. The new machine would have a useful life of 10 years with no salvage value.
Here, we are required to determine the simple rate of return on the new automated bottling machine for Ballard MicroBrew.
So, before we begin, let us first define simple rate of return.
And we know that, Simple rate of return is a rate of return that measures the increase or decrease in the investment value thru passage of time.
So in order to calculate this one, then we can determine the simple rate of return, first we need to determine the amount of cost savings.
=> Equipment cost = New equipment cost - Cost savings
=> $30,000 - $12,000 = $18,000
Now, we have to determine the depreciation of the new equipment:
=> Depreciation = Useful life / Cost
=> $120,000/ 10 = $12,000
Now, we can determine the simple rate of return (SRR) on the new automated bottling machine:
=> [$18,000 - $12,000] / [$120,000 - $40,000]
=> 0.075× 100 = 7.5%
To know more about simple rate of return here.
https://brainly.com/question/17164328
#SPJ4
Unfortunately, the employees have few alternatives to their current jobs, meaning the company "holds all the cards." Which approach to negotiation are you facing? Game theory Individual differences Situational characteristics Cognitive approach
This approach to negotiation resembles Situational characteristics.
What are the five negotiation strategies?Five main negotiation strategies are available: accommodating, avoiding, cooperating, competing, and compromise. One or more of these many negotiating approaches are frequently used in a negotiation that is effective. Negotiation techniques can be helpful in both professional and private settings. The two main camps in negotiations are integrative (also known as collaborative, principled, value added, or win-win to name a few) and distributive (also called competitive, value- claiming, bargaining, or win-lose).
What is the most effective tactic for entering negotiations?Negotiators should adhere to the following negotiating methods in order to launch a successful negotiation campaign: Never assume victory in a complicated, multiparty situation. Before you need their assistance, find possible allies and cultivate them. At the outset of the procedure, list all of your likely and potential opponents.
To know more about negotiation, visit:
https://brainly.com/question/6367770
#SPJ4
leadership is the ability to marshal human, informational, and other resources to get something done.a. trueb. false
Leadership is the ability to marshal human, informational, and other resources to get something done is false.
The Oxford Dictionary defines leadership as “the action of leading a group of people or an organization.” Leadership, put simply, is about taking chances and questioning the status quo. Leaders inspire followers to take new and improved actions.
A good leader is able to bring out the best qualities in his or her team members and inspire them to collaborate in order to achieve a common objective, so these abilities are crucial to possess. A good leader maintains the team’s focus and keeps them on task to prevent delays.
Leadership is the ability to marshal human, informational, and other resources to get something done is false.
To know more about Leadership visit:
https://brainly.com/question/29750214
#SPJ4
if one firm operating in an oligopoly raises its price and other firms do not do so,
If one company in an oligopoly raises its price while the other companies do not, the higher-priced company will experience a slight decline in sales.
Give a brief explanation of whether an oligopoly's businesses will act more like monopolies or more like rivals.If there is fierce rivalry, which would push prices down and produce no profits for anyone, oligopolists may behave almost exactly like ideal rivals. Oligopolists may be able to act like a monopoly, raise prices, and provide a consistent flow of high profits if they work together in a conspiracy.
What happens when prices rise in an oligopoly?The resistance to price increases by oligopolistic businesses is explained by the kinked-demand curve. When one of them raises the price, the competitor gains market share.
To know more about oligopoly visit:-
https://brainly.com/question/14093864
#SPJ4
why do you think setting aside money in your savings and looking for scholarships is a good ""preparation"" step before applying for financial aid?
yes, money in your savings and looking for scholarships is a good ""preparation"" step before applying for financial aid.
Because they enable you to finance your college education
Avoid going into deep debt after graduating.
Financial Aid: What Is It?
Financial aid is any form of college funding that doesn't come from personal or family resources like savings or income. Grants, scholarships, work-study positions, and loans from the government or the private sector are some examples. Most higher education costs, including tuition and fees, room and board, books and supplies, and transportation, can be met with financial aid.
There are many locations where people can find assistance. This can include organisations like colleges, high schools, community groups, foundations, businesses, and government and state-run institutions. The regulations established by the various sources, as well as federal, state, and university policies, will determine how much financial aid you will receive.
Know more about scholarships visit:
https://brainly.com/question/22685530
#SPJ4
the balances of the major classes of plant assets and accumulated depreciation by major classes should be disclosed in the balance sheet or notes. group of answer choices true false
This statement is true. The balances of the major classes of plant assets and accumulated depreciation by major classes should be disclosed in the balance sheet or notes.
What is balance sheet ?A balance sheet is a financial statement that presents a company's financial position at a specific point in time. It shows the balances of the major classes of assets, liabilities, and equity, and provides information about the company's assets, liabilities, and equity, as well as the net amount of assets and liabilities. The balance sheet is one of the three primary financial statements, along with the income statement and the statement of cash flows. These statements are important because they provide information about a company's financial position, performance, and cash flow, which can be useful to investors, creditors, and other stakeholders.To learn more about balance sheet refer :
https://brainly.com/question/1113933
#SPJ4
consists of all the activities concerned with obtaining money and using it effectively.
Financial management includes everything concerned with obtaining and effectively using money.
What exactly is financial management?
Financial management is the part of business that deals with investing appropriate financial resources in order to achieve greater success in business and return-on-investment (ROI). Financial planning professionals plan, organize, and control all business transactions.
What is the primary goal of financial management?
The main objective of financial is to oversee an organization's financial affairs so that businesses can comply with regulations and succeed in their fields. The procedure necessitates extensive planning and execution. Businesses succeed and increase profitability when done correctly.
To know more about Financial management visit:
https://brainly.com/question/29221850
#SPJ4
elisha has just started a new job and must use a cell phone to communicate with coworkers and customers. what advice should she follow to demonstrate professional cell phone use?
Elisha has only recently begun a new career, thus he needs to utilize a cell phone to do business with clients and employees. If she is busy, we advise her to follow the guidelines to screen incoming calls.
Which of the following statements offers constructive criticism the most effectively?This organization frequently loses time and money producing subpar work, thus constructive criticism is always appreciated. Business etiquette is a term used to describe professionalism.
What does "business communication" mean?Information exchange between employees and people outside the corporation is referred to as business communication. To achieve corporate goals, employees and management communicate with one another through efficient.
To know more about the business communication visit :-
https://brainly.com/question/29559096
#SPJ4
In order for an advertising program to succeed, the advertiser must accurately and effectively identify its?
In order for an advertising program to succeed, the advertiser must accurately and effectively identify its audience.
What is an advertising program?This can be described as the means of promotion after developing a good product and service, which help to communicate that value or our product or service benefits to consumers.
It can be seen as a means to communicate with the audience about the products and this process if communication process is called an advertising program.
Learn more about audience at:
https://brainly.com/question/11827791
#SPJ1
assume there is a fixed exchange rate between the yen and the u.s. dollar. the expected return and standard deviation of return on the u.s. stock market are 21% and 15%, respectively. the expected return and standard deviation on the japanese stock market are 13% and 12%, respectively. the covariance of returns between the u.s. and the japanese stock markets is 2.5%. if you invested 60% of your money in the japanese stock market and 40% in the u.s. stock market, the expected return on your portfolio would be:
The deviation of a portfolio's returns from the mean is known as the standard deviation. The individual standard deviations and proportionate weights of the portfolio components are used to calculate it.
The portfolio's standard deviation is; qP=(wA2qA2+wB2qB2+2wAwBcovAB)1/2
What is meant by a standard deviation?
A measure of how dispersed the data are in relation to the mean is called the standard deviation (or ). Data with a low standard deviation are grouped around the mean, while data with a high standard deviation are more dispersed.
What is an example of a standard deviation?
Think about the data set: 2, 1, 3, 2, 4. The mean and the amount of squares of deviations of the perceptions from the mean will be 2.4 and 5.2, individually. As a result, the standard deviation will be 1.01 (5.2/5).
Learn more about standard deviation here:
https://brainly.com/question/23907081
#SPJ4
what is the total net amount of property plant and equipment that will be reported on the balance sheet
Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its operations. The term "Net" refers to the amount after depreciation has been deducted.
What is Property Plant and equipment?Property, plant, and equipment (PP&E) are long-term assets that are critical to the operation of a business. Property, plant, and equipment are tangible assets, which means they are physical and can be touched; as a result, they are difficult to convert into cash.
Property, plant, and equipment (PPE) are recorded in a company's balance sheet, it is, therefore, essential that these assets are calculated appropriately. The formula for calculating PP&E is:-
Net Property Plant and Equipment = Gross PPE + Capital Expenditures - Accumulated Depreciation.
Therefore, total net amount of property plant and equipment that will be reported on the balance sheet will be after deducting the accumulated depreciation.
To learn more about Property, Plant and Equipment, click here:
https://brainly.com/question/17327177
#SPJ1
merchandise management is one aspect of customer service that should be carefully managed for the reasons listed except which one?
merchandise management is one aspect of customer service that should be carefully managed for the reasons listed except Manage markdowns regularly to ensure slow.
The process through which each retailer chooses what products to carry, inventory levels, where items are put in a shop, and how they should be priced to maximize sales and profits is known as merchandise management. The fundamental unit used to manage items in a retail merchandise s a category. A company's products and promotional materials are sourced, managed, and curated by merchandise managers, who are analytical experts. Merchandising managers are responsible for managing the purchasing process, predicting inventory needs and trends, and negotiating with suppliers. It is known as merchandising. The four main parts of merchandising are planning, management, buying, and controlling. Above all, these four elements must result in offering the customers of the store a highly desired goods combination.
Learn more about merchandise from
brainly.com/question/29239594
#SPJ4
denise, who comes from a lower-middle-class family, obtained a college degree, interned at a company, worked at that company for many years, and is now its ceo. denise's experiences support the idea of
Denise, who comes from a lower-middle-class family, obtained a college degree, interned at a company, worked at that company for many years, and is now its ceo. denise's experiences support the idea of meritocracy.
A meritocracy is described through the Oxford Dictionary as 'a society governed by human beings selected in line with benefit. ' the example sentence given is this: 'Britain is a meritocracy, and every person with ability and creativeness may aspire to reach the highest stage'. a device, organization, or society in which humans are selected and moved into positions of success, electricity, and affect on the premise of their established abilties and benefit .
Conceptually and morally, meritocracy is provided as the alternative of structures together with hereditary aristocracy, in which one's social position is decided with the aid of the lottery of beginning. “China has a far more potent subculture of a meritocracy than america. The Communist birthday celebration of China and each degree of the Chinese authorities principally comply with this mechanism, making the chinese language regime much distinct from totalitarianism, autocracy and authoritarianism in their conventional meanings.
Learn more about meritocracy here: https://brainly.com/question/28351660
#SPJ4
iot can provide more accurate information about specific customers buying decisions. for example, iot can identify customer expectations and direct customers to specific brands. in relationship to how iot can drive marketing opportunities this is referred to as:
IOT can drive marketing opportunities this is referred to as. Technology is available for detecting and Use a tracking tag to identify items. The assertion is an illustration of IOT Smart Logistics technology.
Smart logistics is often referred to as synchronised logistics. It facilitates or enables our have movement monitoring that is almost real-time. goods and services delivery. It is frequently utilised by culinary and ECommerce businesses. delivery services, taxi services available via apps businesses, internet marketplaces, etc. Internet of things (IoT) can help with logistics a person by monitoring products and services as it reduces time.Internet of Things (loT), which might be as a collection of linked systems or things which can transmit, communicate, and exchange information with modern technology, sensors. Data can examined and tracked. these gadgets employ dashboards.
Complete question:
iot can provide more accurate information about specific customers buying decisions. for example, iot can identify customer expectations and direct customers to specific brands. in relationship to how iot can drive marketing opportunities this is referred to as using iot to track packages, containers, and other bulkware are examples of what type of smart iot technologies?
To know more about marketing opportunities visit:
https://brainly.com/question/25703804
#SPJ4
What is a lobby or interest group?
The act of lobbying is the direct approach taken by a lobbyist to influence public figures to promote the agenda of their clientele. The National Rifle Association is an illustrative lobbying organization. Interest groups are associations of people who get together for the purpose of influencing the government.
As it was already established, lobbying comprises putting pressure on policymakers to produce favourable results. To accomplish their goals, interest groups develop a strategy or action plan and implement it using specific methods. The suggested technique and the actual procedures used, varies significantly amongst political regimes. Three factors are especially important when choosing lobbying tactics and strategies. One is whether a nation has an autocratic or democratic political system. Interest groups often have more opportunities in democracies since there are less restrictions on them. Plans and strategies are therefore more planned and transparent in democratic countries than they are in authoritarian ones, where they must be more ad hoc and less visible to the public.
Learn more about lobby from
brainly.com/question/29788405
#SPJ4
Which racing organization saw its television ratings increase 28% over 2021 to a season average of 1.2 million viewers?
The racing organization which saw its television ratings increase 28% over 2021 to a season average of 1.2 million viewers is F1.
Formula 1 (F1) breaks the record for TV audience size in the USA. The media network combined with viewership across the whole world on the ESPN, ESPN2, and ABC channels broadcasts the following races for calculating its figures, which was a 28% increase on the previous record set last year of 949,000 viewers on average per race.
Therefore, the racing organization which saw its television ratings increase 28% in 2021 to a season average of 1.2 million viewers is F1.
Learn more about the racing organization: brainly.com/question/16458008
#SPJ4
2. cost of capital is the same as cost of equity for firms: a. financed entirely by debt b. financed by both debt and equity c. financed entirely by equity d. none of the above
Cost of capital is the same as cost of equity for firms financed entirely by equity.
What Is Capital Cost? The minimal rate of return or profit that a business must achieve before creating value is known as the cost of capital. The accounting department of a company computes it to assess financial risk and evaluate if an investment is appropriate.A company's cost of equity quantifies the returns required by investors who are a part of its ownership structure, whereas its cost of capital refers to the expense it must incur in order to acquire fresh capital funds.The cost of equity typically outweighs the cost of debt. Since repayment of a loan is required by law regardless of a company's profit margins, shareholders are at more risk than lenders.To learn more about Cost of capital refer to:
https://brainly.com/question/29738145
#SPJ4
economists refer to the pattern of income that people derive from different factors of production as the:
Economists refer to the pattern of income that people derive from different factors of production as the factor distribution of income.
Selling the services of production factors results in factor income. An economy's entire distribution among a population is known as income distribution.
Examining the income distribution between groups can be done by using the factor distribution of income. For each of the four factors of production—land, labor, capital, and entrepreneurship—income percentages are computed for the owners.
Higher growth rates, greater income levels, higher investment rates, real depreciation (particularly for low-income nations), and improved trade conditions are all found to be connected with an improvement in income distribution.
Learn more about factor distribution of income here brainly.com/question/17130634
#SPJ4
What typical weekly responsibilities of a dental front office administrative assistant at a small full time general practice solo practice are?
As a dental administrative assistant, you'll work in a dental office and handle administrative tasks like scheduling appointments, handling insurance claims, and managing inventory.
Clinical dental assistant duties, showing patients to their exam rooms, preparing patients for procedures or surgeries, assisting with procedures such as fillings, crowns, and extractions, taking dental impressions, sterilizing dental tools and equipment, post-procedure cleaning possess result from image they typical weekly responsibilities of a dental office administrative assistant in a small solo full-time general practice are excellent organizational skills.For example Maintain patient records in the proper location.Maintain accurate patient information,ensure that dental instruments and materials are in the correct place.
To learn more about administrative please click on below link.
https://brainly.com/question/5958460.
#SPJ4
When the executive branch and its agencies translate laws into routine procedures and practices, this is called?
When the executive branch and its agencies translate laws into routine procedures and practices, this is called implementation.
Congress created the Foreign Affairs, Treasury, and War departments as the three executive departments in 1789. Foreign Affairs was eventually renamed State in the same year. Furthermore, the roles of the attorney general and postmaster general were specified. Multiple departments were given jurisdiction over domestic problems by Congress. The initial internal building, 1852–1917.
Delegates to the Convention were reluctant to give one person too much authority.
In the end, they created the executive branch and included a system of checks and balances in the Constitution, resulting in the single President system we have today.
To know more about Executive Branch here
https://brainly.com/question/29817895
#SPJ4
Dew Drop has a current ratio of 0.9 to 1.0 and $4 of debt for every $1 of equity. If the company needs additional financing, it would best improve it financial situation with ______.
Dew Drop has a current ratio of 0.9 to 1.0 and $4 of debt for every $1 of equity. If the company needs additional financing, it would best improve it financial situation with equity financing
What is equity financing?Equity financing involves raising money by selling shares of ownership in a company to investors. This type of financing is commonly used by companies that are growing or want to raise capital quickly. Equity financing is attractive to investors because they receive an ownership stake in the company, as well as potential dividend payments and capital appreciation. This type of financing is typically more expensive than debt financing, but it allows companies to access capital without taking on additional debt.
Equity financing involves raising capital by issuing new shares of the company's stock. This form of financing could be beneficial if Dew Drop is looking to expand their operations or invest in new projects. Both of these options would help improve Dew Drop's financial situation by providing additional capital without incurring too much additional debt. In addition, if Dew Drop has the resources, it could also look into debt financing. Debt financing involves taking out a loan and paying interest over time. If done responsibly, debt financing can be a great tool to help leverage a business and increase profits.
It can be concluded that Dew Drop has a current ratio of 0.9 to 1.0 and $4 of debt for every $1 of equity. If the company needs additional financing, it would best improve it financial situation with equity financing
To know more about equity financing, click this link:
https://brainly.com/question/22069020
#SPJ4
many businesses find blogging a valuable tool for communicating with employees, customers, and the larger public. knowing how to craft effective blog posts will equip you to reach a large audience and develop strong communities within and outside your company. for what purposes do companies use blogs? check all that apply. viral marketing collaborative meetings share up-to-date information
The purposes do companies use blogs are Internal communication, recruiting and online community building.
What is recruitment?The recruitment process as a whole entails the identification, sourcing, screening, shortlisting, and interviewing of candidates for roles inside a company. Recruitment is the term used to describe the methods used to choose candidates for unpaid work. Although managers, generalists in human resources, and recruitment specialists may be tasked with recruiting, there are times when public employment, for-profit recruitment firms, or specialized search consultancies are used to carry out particular components of the process. The activity of finding and attracting candidates to fill unfilled positions is referred to as sourcing. Internal and/or external recruitment advertising may be used, using the appropriate channels such as job portals, local or national newspapers, social media, business media, recruitment-specific media, trade publications, window advertisements, job centers, career fairs, or in a variety of ways online.
To learn more about recruitment, visit:
https://brainly.com/question/28789069
#SPJ4
the suta rate for westcoast publishers is 5.4% and its futa rate is 6.0% less the 5.4% suta credit. if its biweekly payroll was $32,806.00 for 47 employees and none was for payments to employees in excess of the $7,000.00 wage base, then what were the total futa and suta taxes for the payroll?
The suta rate for westcoast publishers is 5.4% and its futa rate is 6.0% less the 5.4% suta credit.The amount of credit the business would be granted in comparison to its SUTA contributions' FUTA tax =2896.21 (56900*3.1%*90%)+H(56900*(5.4%-3.1%) = 2896.21.
The amount Peroni Company would be required to pay the for the federal government's FUTA tax: 517.79
(56900"6%)-2896.21 =517.79 Amount the payment business lost as a result of its. Late fees equal 176.39=51779-(3414-1763.9-13087) =176.39.FUT rate is 0.6%. 5.4% for SUTA. Using both taxes on the initial $7,000 of employee pay (0.006 x $7,000) + (0.054 x $7,000) $42 + $378 = $420.FUTA stands for Federal Unemployment Tax Amount. by the employer on the initial $7,00 each paid during the year as salary for the employee. Whereas SUTA, which is the State Unemployment Tax.
To know more about Suta taxes visit:
https://brainly.com/question/12923477
#SPJ4
fedex corporation reported the following rounded amounts (in millions): 2019 2018 accounts receivable $9,415 $8,880 allowance for doubtful accounts (300) (400) accounts receivable, net of allowance $9,115 $8,480 net sales (assume all on credit) $69,690 $65,450 required: determine the receivables turnover ratio and days to collect for 2019. do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared to 2018, when the turnover was 8.1?
The debtor's turnover ratio, sometimes referred to as the accounts receivable turnover ratio, is an efficiency ratio that assesses how effectively a.
What is a good turnover ratio for receivables?Companies should aim for a ratio of at least 1.0 to ensure they collect the whole amount of average accounts receivable at least once during a period. In general, a greater accounts receivable turnover ratio is advantageous.
Is an accounts receivable turnover ratio of 8 a good one?industry average turnover rates for the company.
If you can compare an AR turnover ratio of 7.8 to the average for your industry, it has greater analytical value. A ratio of 5.7 would indicate that Company X is performing better than its competitors than the industry average of 10, which is 10.
To know more about receivables turnover visit:-
https://brainly.com/question/16447941
#SPJ4
Troy's financial records for the year reflect the following: interest income from bank savings account $1,480 taxable annuity receipts 2,960 city ad valorem property tax on investments 222 investment interest expense 5,180 calculate troy's net investment income and his current investment interest deduction. How is a deduction for any potential excess investment interest treated? troy's net investment income is $fill in the blank 1 and his investment interest deduction is $fill in the blank 2. Any potential excess investment interest expense not deducted this year is
Net Investment income for Troy = $[tex]4218[/tex]
this year is Investment interest deduction = $[tex]4218[/tex]
=> $1,480 in interest from bank savings account.
The taxable annuity receipts were $2,960. The investment's city ad valorem property tax was $222. Interest on investments equals 5,180.
Thus, interest income from bank savings accounts and taxable annuity receipts can be added to determine Troy's net investment income, as follows: Troy's investment income = interest income from bank savings accounts + taxable annuity revenues. Troy's investment income is equal to $1,480 plus $2,960. As a result, the formula for calculating Troy's net investment income is: Troy's net investment income = Troy's investment income - City ad valorem property tax on investments. Troy's net investment income is equal to $4440 less $222. = $[tex]4218[/tex]
Learn more about Investment from
brainly.com/question/19132727
#SPJ4
What is the role of the central bank in a monetary economy?
monetary economy Conducting monetary policy to attain price stability low and stable inflation and assist in managing economic fluctuations is a crucial function of central banks.
Over the past few decades, significant modifications have been made to the policy frameworks within which central banks function. In order to implement monetary policy, central banks must modify the money supply, typically through open market operations. For instance, a central bank could lower the amount of money by obtaining funds from commercial banks by selling government bonds under a "sale and repurchase" deal. Fundamentally, monetary policy has the power to affect the price level, both the rate of inflation and the overall level of prices in an economy. Additionally, it makes sense to implement a more expansionary monetary policy when there is evidence that inflation is declining or will do so in the near future.
learn more about central bank monetary here:
https://brainly.com/question/29443687
#SPJ4
college registration forms, applications for credit, airline tickets, and bank checks are examples of simple form reports. a. true b. false
It's true that simple form reports include things like bank checks, airline tickets, credit application forms, and college registration forms.
A check, also known as a cheque, is a piece of paper that tells a bank to take money out of an account and give it to the person named on the check. The funds are held in a transaction banking account, commonly known as a "drawer," that belongs to the person writing the check. By writing down various information on the check, including the dollar amount, date, and payee, the drawer directs their bank, known as the drawee, to pay the stated amount of money to the payee. The use of cheques peaked in the 20th century when they became a very popular non-cash payment alternative, despite the fact that they had been used since at least the ninth century and possibly earlier.
Learn more about bank checks from
brainly.com/question/29797336
#SPJ4
a project manager finds that a particular activity has a slack of one week based on the critical path method (cpm). which statement is correct?
The lengthiest series of activities that must be finished in order to finish a project.
What Is the Critical Path Method (CPM):Project managers utilize the critical path method (CPM) to develop a project schedule and determine how long a project will take overall.
The CPM approach, sometimes referred to as critical path analysis (CPA), involves constructing a network diagram to illustrate the order in which activities must be carried out in order to finish a project. After defining these work sequences or pathways, their time is estimated to determine the crucial path, which establishes the project's overall length.
Why Is CPM Important in Project Management:Tasks that make up projects must follow a timetable in order to finish them by the deadline. Although it seems straightforward, if the work isn't mapped out, your project's scope might easily spiral out of control and become unmanageable.
The critical path technique is crucial when managing a project since it helps you identify all the activities required to finish the project, decide which ones must be completed by a certain deadline, which ones may be postponed if necessary, and how much float or slack you have.
Learn more about Critical Path Method:
brainly.com/question/15091786
#SPJ4