Answers
A market-neutral strategy is statistical arbitrage. It finds several alleged misalignments in relative pricing using quantitative techniques and secures profit by averaging over all of these minor bets.
What is hedge arbitrage?Both hedging and arbitrage are significant concepts in the fields of finance, economics, and investments. Hedging is essentially the use of multiple contemporaneous bets in opposing directions in an effort to reduce the chance of a significant investment loss. In contrast, the practise of arbitrage is the trading of a price differential across multiple markets for the same commodity in an effort to capitalize on the imbalance. Each trade consists of two competing types of trades: buying vs selling and short versus long bets (hedging) (arbitrage). Traders that work in erratic, unpredictable market situations use both. However, aside from these two points of similarity, they are totally different approaches that serve very different objectives.
To know more about arbitrage visit:
brainly.com/question/16178885
#SPJ4
Related Questions
Explain how the following transactions would affect U.S. net capital outflow. For each transaction, state whether it represents direct investment or portfolio investment.a.An American cellular phone company establishes an office in the Czech Republic.b.Harrods of London sells stock to the General Motors pension fund.c.Honda expands its factory in Marysville, Ohio.d.A Fidelity mutual fund sells its Volkswagen stock to a French investo
Answers
The transactions would affect U.S. net capital outflow in the following ways:
Foreign direct investment.Foreign portfolio investment.Foreign direct investmentForeign portfolio investmentAn American cellular phone company that establishes an office in the Czech Republic is an increase in net capital flow and foreign direct investment.
Harrods of London sells stock to the General Motors pension fund is an increase in net capital flow and foreign portfolio investment.
Honda expands its factory in Marysville, Ohio is a decrease in net capital flow and foreign direct investment.
A Fidelity mutual fund sells its Volkswagen stock to a French investor is a decrease in net capital flow and foreign portfolio investment.
Read related link on:
https://brainly.com/question/25301631
Prior to recording adjusting entries, the office supplies account had a $378 debit balance. a physical count of the supplies showed $115 of unused supplies available. the required adjusting entry is:_______
Answers
Prior to recording adjusting entries, the office supplies account had a $378 debit balance. a physical count of the supplies showed $115 of unused supplies available. the required adjusting entry is Debit Office Supplies Expense $254 and credit Office Supplies $254.
A checking account with a bank that has a debit balance is one that has a negative cash balance. Such an account is referred to as being overdrawn and is therefore not actually permitted to have a negative balance; instead, the bank simply declines to honor any checks presented against the account that would do so.
An account with a debit balance has positive values for assets and expenses debited and negative balances credited. For instance, because cash is increasing, a journal entry upon receiving $1,000 in cash would also include a $1,000 debit to the balance sheet's cash account.
To learn more about debit balances please visit -
https://brainly.com/question/26135584
#SPJ1
You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answers
Answer:
C) price elastic.
Explanation:
For each of the following, identify whether it would be disclosed as an operating, financing, or investing activity on the statement of cash flows under the indirect method.
a. Purchased buildings SelectFinancingInvestingOperatingItem 1
b. Sold Patents SelectFinancingInvestingOperatingItem 2
c. Net income SelectFinancingInvestingOperatingItem 3
d. Issued Common Stock SelectFinancingInvestingOperatingItem 4
e. Paid cash dividends SelectFinancingInvestingOperatingItem 5
f. Depreciation expense SelectFinancingInvestingOperatingItem 6
Answers
f
gmkgktiieieisiksks
s
smmdkfikgifjfjdjhdhshshshx
Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Answers
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
For more question on research visit:
https://brainly.com/question/20365163
#SPJ8
00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
Answers
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
Learn more about business, here:
https://brainly.com/question/15826604
#SPJ1
Investor purchased 2,000 shares of stock at $3.25 per share. Broker’s commission was $30. What was the total amount paid for the stock?
Answers
Answer:
Total amount paid for the stock $6530
Explanation:
2000 x $3.25 + $30 = $6530
The total amount paid for the stock is $6530.
The investor purchased 2,000 shares of stock at $3.25 per share. The cost of the shares is 2000 × $3.25 = $6500.
The broker's commission was $30. This is an additional fee that the investor paid to the broker for executing the trade.
The total amount paid for the stock is $6500 + $30 = $6530.
Here is a breakdown of the calculation:
Cost of shares: $3.25/share × 2,000 shares = $6500
Broker's commission: $30
Total amount paid: $6500 + $30 = $6530
Learn more about stock issuance here: brainly.com/question/14649952
#SPJ2
Which of the following best explains what a futures contract is?
a. a contract preventing the future sale or exchange of a particular good
b. a contract limiting the future liability of one set of partners if a business fails
c. a contract setting the price for the exchange of two foreign currencies
d. a contract setting the price and date for a commodity purchase
Answers
Answer:
d. a contract setting the price and date for a commodity purchase
Why does it require great communication skills to be a successful interior designer? A. Interior designers must work with clients to understand their goals for the project. B. Interior designers must be able to create detailed design plans on the computer. C. Interior designers must be able to select matching fabrics and paint. D. Interior designers must be able to correctly bill their clients.
Answers
Interior designers must work with clients to understand their goals for the project therefore they require great communication skills. The correct option is a.
Who is an interior designer?Interior designers make indoor spaces functional and beautiful by determining the space required and selecting the essential, useful and decorative items.
An Interior designer is someone who plans, researches, coordinates, and manages such enhancement projects. This design is a multifaceted profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design.
It is done to make the space a more aesthetic & pleasing environment for the people using the space.
Learn more about interior, here:
https://brainly.com/question/10638383
#SPJ1
Answer:
Interior designers must work with clients to understand their goals for the project.
Explanation:
It requires great communication skills to be a successful interior designer because interior designers must work closely with clients to understand their goals, preferences, and needs for the project. Effective communication is essential to ensure that the designer accurately captures the client's vision and delivers a design that meets their expectations. Interior designers must be able to listen actively, ask the right questions, and provide clear explanations to their clients. They must also be able to communicate effectively with other professionals involved in the project, such as architects, contractors, and vendors. In addition, effective communication skills are necessary for presenting design plans and ideas to clients, explaining the design process and project timeline, and discussing any challenges or changes that arise during the project. Therefore, communication skills are an important part of being a successful interior designer.
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down
Answers
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.
For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.
So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.
Hence, option D is correct.
To learn more about a perfectly competitive firm here:
https://brainly.com/question/27419666
#SPJ1
Pauline sits near the snacks in the office. There are 555 flavors of chocolate, and she wonders if some flavors get chosen more than others. She plans to record how often each flavor gets chosen in a sample of selections to carry out a \chi^2χ 2 \chi, squared goodness-of-fit test on the resulting data.
Which of these are conditions for carrying out this test?
Answers
Answer:
She expects each snack to be selected at least 5 times.
She takes a random sample of selections.
what is the minimum wage for SA
Answers
the new National Minimum Wage for South Africa has been made public by the Department of Employment and Labour. Starting on March 1st, 2023, the current minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of around 9,6%).
The minimal amount of compensation that an employer is compelled to pay wage earners for the job completed during a particular period, which cannot be reduced by a collective agreement or an individual contract, is referred to as the "minimum wage."The South African government may impose penalties on employers who fail to pay the minimum wage. If a defined weekly wage is used, the monthly wage is multiplied by 4.33. If an hourly rate is specified, it is computed as 4.33 times the weekly average.
Learn more about minimum wages here:
https://brainly.com/question/29128876
#SPJ1
explain all the dimensions of Management functions in Human Resource management
Answers
Answer:down
Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).
Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:
Explanation:
a. Planning
Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.
b. Organizing
An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.
c. Directing
To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.
d. Controlling
One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.
To learn more about Human Resource Management, refer to:
https://brainly.com/question/14419086
7. To prevent cross-contamination when preparing raw meat:
A. Wash the raw meat before slicing it on the cutting board
B. Never combine different types of raw meat using the same cutting board
C. Sanitize the cutting board after cutting raw meat and ready-to-eat foods
D. Use a separate cutting board for raw meat and ready-to-eat foods
Answers
To prevent cross-contamination when preparing raw meat: D. Use a separate cutting board for raw meat and ready-to-eat foods
What is cross-contaminationTo avoid mixing germs from raw meat with other foods, it's important to use different cutting boards for raw meat and food that can be eaten without cooking. This practice makes sure that harmful bacteria or germs from raw meat don't get into foods that will be eaten without being cooked more.
You shouldn't wash the raw meat before cutting it on the cutting board. Washing uncooked meat can actually spread germs to the sink, countertops, and utensils, making it more likely for different foods to mix and cause illness.
Read more about cross-contamination here:
https://brainly.com/question/465199
#SPJ6
What elements should an ideal CRR plan include?
Answers
The following components belong in a perfect CRR plan. communication lines that are clear, empathy and understanding, activity that is swift and efficient, Feedback and follow-up Continual development
A CRR report: what is it?The Cyber Resilience Assessment (CRR) is an evaluation of an organisation s resilience or cybersecurity measures based on interviews. Your organization will get knowledge of how to handle cyber risk during both regular operations and during periods of stress levels and catastrophe through the CRR.
What is CRR's emergency response?Your department can use what you already know to reduce hazards in your operational area with the aid of a community reducing risk (CRR) program. CRR employs a wide range of instruments to create a strategy and integrated program aimed at minimizing the occurrence and effects of local risks.
To know more about CRR visit:
https://brainly.com/question/30813799
#SPJ1
why is it important to choose your own career
Answers
An individual who has decided to start a business on their own may generally choose from any of the following structure types, EXCEPT:
Answers
Answer:
Here are the definitions for each term, but i would say C Corporation. (I don't know exactly)
explanation
Sole Proprietorship: is an unincorporated business, which means it would be under the supervision of government rules, unlike limited liability companies, corporations and so on
Partnership: Partnerships are unincorporated businesses with two or more owners (partners) who contribute in various ways (capital, labor, etc.) and may have legal liabilities. A written agreement should outline the partners’ roles, rights, and responsibilities.
C Corporation: A C-corp, like an S-corp, is a limited liability entity, which means the company, not its shareholders or owners, is held legally liable for the company’s debt and other obligations. Also, you can bring in an unlimited number of investors when your business is structured as a C corporation.
S Corporation:An S corporation, also known as an S subchapter, refers to a type of legal business entity. Requirements give a corporation with 100 shareholders or less the benefit of incorporation while being taxed as a partnership. Corporate taxes filed under Subchapter S may pass business income, losses, deductions, and credits to shareholders.
t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1
Answers
$6,28,363 the firm increase its inventory without its current ratio falling below 2.1
Current ratio = Current asset / current liability
Increasing inventory would increase the current asset.
We assume the additional inventory = L
So new current asset = L + $2,505,600
New current liability = L + $864,000
So, L + $2,505,600÷ L + $864,000 = 2.1
By solving L we get, L= $6,28,363
In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.
Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets
To know more about Assets visit :
https://brainly.com/question/14404094
#SPJ1
Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $9.80 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $11.60 per pound. The processing into Decaf Columbian requires additional processing costs of $6,300 per batch. The additional processing will also cause a 5% loss of product due to evaporation.
Question Content Area
a. Prepare a differential analysis dated December 11 on whether to sell regular Columbian (Alternative 1) or process further into Decaf Columbian (Alternative 2). If required, use a minus sign to indicate a loss.
Answers
The differential analysis is attached accordingly. The workings are indicated below.
What is differential analysis?Differential analysis is a decision-making approach that analyzes the net effects of two alternatives by examining the advantages and costs associated with each. The option chosen has the greatest advantageous (or least adverse) financial impact.
To arrive at the figures in the differential analysis first we derive the Revenue from selling regular Columbian:
Recall that:
Revenue = Sales x Quanity Manufactured; hence
9.8 x 7500
= $73,500
Revenue from Decan Columbian:
11.6 x (95% x 7500)
= 11.6 x 7125
= $82, 650
Cost of selling regular Columbian
Cost = Cost x Units produced
= 6 x 7500
= $45,000
Compute the cost of selling Decaf Columbian
In this case, Cost = Product Cost + Cost of processing
= 45,000 + 6300
= $51,300
Hence the figures indicated in the differential analysis.
Learn more about differential analysis:
https://brainly.com/question/17196260?
#SPJ1
Min-Ahn spends 1.5 hours creating a 35-slide PowerPoint presentation for his POM class, while Ying takes only 45 minutes to prepare his 28- slide presentation. Which of the following is correct?
a) Min-Ahn's productivity is 0.39
b) Ying's productivity is 37.33
c) Ying's productivity is 0.622
d) All of the above
Answers
Answer:
A
C
Explanation:
Productivity = total amount of slides created / total time in minutes
Min-Ahn's productivity = 35 / 90 = 0.3889
To convert Min-Ahn's time to minutes , remember that 60 minutes = 1 hour
so, (1 x60) + 30 minutes = 90 minutes
Ying's productivity = 28/45 = 0.622
Wainwright Corporation owns and operates a wholesale warehouse.
The following transactions occurred during March 2016:
1. Issued 30,000 shares of capital stock in exchange for $300,000 in cash.
2. Purchased equipment at a cost of $40,000. $10,000 cash was paid and a note payable was signed for the balance owed.
3. Purchased inventory on account at a cost of $90,000. The company uses the perpetual inventory system.
4. Credit sales for the month totaled $120,000. The cost of the goods sold was $70,000.
5. Paid $5,000 in rent on the warehouse building for the month of March.
6. Paid $6,000 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2016.
7. Paid $70,000 on account for the merchandise purchased in 3.
8. Collected $55,000 from customers on account.
9. Recorded depreciation expense of $1,000 for the month on the equipment.
Required:
1.Analyze each transaction and classify each as a financing, investing and/or operating activity.
A transaction can represent more than one type of activity.
Also indicate the cash effect of each, if any.
Activities:
Transaction Financing Investing Operating
1
2
3
4
5
6
7
8
9
Answers
Answer:
Operating transactions
-$5000
-$6000
-$70000
$55000
Total = -$26000
Financing transactions
+ $300000
+ $30000
Total = $330000
Investing transactions
-$10000
- $30000
Explanation:
Operating transactions
-$5000
-$6000
-$70000
$55000
Total = -$26000
Financing transactions
+ $300000
+ $30000
Total = $330000
Investing transactions
-$10000
- $30000
Regardless which form of media used, all ads can be divided into _?_types based on the kind of message conveyed.
seven
C. five
b. two
d. three
a.
Answers
Because is true
When purchases of merchandise are made for cash, the transaction may be recorded with the following entry *
Answers
Answer:
Dr Merchandise Inventory Cr Cash
Explanation:
Based on the information given in a situation where purchases of merchandise are made for cash the transaction will be recorded in the journal entry by debiting Merchandise Inventory and Crediting Cash reason been that MERCHANDISE are current asset and Secondly merchandise are anticipated to be either sold out, used or turn them into cash within a period of one year, although it sometimes depends on the method of payment in which the merchandise was been paid for , which is why we have to Debit Merchandise Inventory Account and Credit Cash Account.
Hence:
Journal entry
Dr Merchandise Inventory
Cr Cash
In the project initiation phase, which document contains high-level details of the proposed project? A. project plan B. project proposal C. business justification D. proposal summar
Answers
In the project initiation phase, the project proposal is known to contains high-level details of the proposed project.
What is a project proposal?This is a project document that is known to carry all of the details that the project is supposed to have.
The proposal is known to have an outline of all that the stakeholders need to know about the work that is to be done.
Read more on project proposal here: https://brainly.com/question/21085755
Answer:
The answer is B. project proposal
Explanation:
Jeff's Meat Market recorded the following events involving a recent purchase of
merchandise:
Received goods for $40,000, terms 2/10, n/30.
Returned $800 of the shipment for credit.
Paid $300 freight on the shipment.
Paid the invoice within the discount period.
As a result of these events, the company's inventory
Answers
As a result of these events, the company's inventory increased by $38,612 by all these factors.
How does inventory work?Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit. The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle. The car will be handled like an asset.
What fundamentals surround inventory?The items that your company has are the most fundamental definition of inventory. These may be material (i.e., goods and raw materials) or intangible (e.g., software). Most of the time, when we talk about inventory, we simply mean all the items that the company has kept on hand—to sell.
To know more about Inventory visit:
https://brainly.com/question/14184995
#SPJ1
Explain how Robert might perceive the office assistant's reaction.
Answers
Answer:
we need a full question to this to answer
Explanation:
why do you think p2p apps have become so popular?
Answers
P2P payment apps are popular in the U.S. because they make the exchange of money easy. Nearly half (46%) of smartphone owners say they regularly use peer-to-peer payment apps. These apps offer convenience and flexibility when it comes to making payments.
This is for ACC 556
The Novak Company has just completed a physical inventory count at year end, December 31, 2022. Only the items on the shelves, in storage, and in the receiving area were counted and costed on the FIFO basis. The inventory amounted to $75,500. During the audit, the independent CPA discovered the following additional information:
(a) There were goods in transit on December 31, 2022, from a supplier with terms FOB destination, costing $9,700. Because the goods had not arrived, they were excluded from the physical inventory count.
(b) On December 27, 2022, a regular customer purchased goods for cash amounting to $950 and had them shipped to a bonded warehouse for temporary storage on December 28, 2022. The goods were shipped via common carrier with terms FOB shipping point. The customer picked the goods up from the warehouse on January 4, 2023. Novak Company had paid $475 for the goods and, because they were in storage, Novak included them in the physical inventory count.
(c) Novak Company, on the date of the inventory, received notice from a supplier that goods ordered earlier, at a cost of $3,700, had been delivered to the transportation company on December 28, 2022; the terms were FOB shipping point. Because the shipment had not arrived on December 31, 2022, it was excluded from the physical inventory.
(d) On December 31, 2022, there were goods in transit to customers, with terms FOB shipping point, amounting to $770 (expected delivery on January 8, 2023). Because the goods had been shipped, they were excluded from the physical inventory count.
(e) On December 31, 2022, Novak Company shipped $3,000 worth of goods to a customer, FOB destination. The goods arrived on January 5, 2023. Because the goods were not on hand, they were not included in the physical inventory count.
(f) Novak Company, as the consignee, had goods on consignment that cost $3,300. Because these goods were on hand as of December 31, 2022, they were included in the physical inventory count.
Analyze the above information and calculate a corrected amount for the ending inventory.
Corrected inventory $enter corrected inventory in dollars
Answers
For the past year, Hawkeye, Inc., had a cost of goods sold of $60,382. At the end of the year, the accounts payable balance was $13,489. How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers
It will take the company (Hawkeye, Inc.) to pay off its suppliers during the year 81.47 days
What is payable turnover?The accounts payable turnover is what measure how fast a business makes payments to creditors and suppliers in which it grant credit.
Payables turnover
= Cost of goods sold / Accounts payable
= $60,382 / $13,489
= 4.48 times
Now we can use the payables turnover to find the days' sales in payables as:
Days' sales in payables
= 365 days / Payables turnover
= 365 days / 4.48
= 81.47 days
Hence, it will take the company to pay off its suppliers during the year 81.47 days
Learn more about payable turnover here : https://brainly.com/question/4661989
Brainstorm 3 people save money and 3 ways people invest money.
Answers
Three ways that people save money and three ways that people invest money include:
Ways to save money:
In savings accounts In savings schemes within the community Money market accountsWays to invest money:
Buying stocks and bonds Investing in Mutual and Hedge Funds Buying propertyHow can we save and invest money?There are several ways of saving money and some of them include putting it into savings accounts and money market accounts in banks. These will earn some interest.
There are also ways of investing money so that you can get a higher return. Some include buying stocks or bonds issued by companies or the government. There is also buying property and earning rent, and investing in mutual funds.
Find out more on investing money at https://brainly.com/question/15749682
#SPJ1