Current account

1. For October 2, 2011 on the Fiscal 2011 Annual Report of account receivable was noted at $386.5 million and for October 3, 2010 is $302.7 million. 2. Using their past historical experience, the customer credit risk and an applying the specific identification method is how Starbucks’ allowance for doubtful accounts is computed. The allowance for doubtful accounts for Starbucks reported at year of October 2, 2011 and October 3, 2010 was both reported at $3.3 million. 3. The acid- test ratio…

also offers a concise presentation of the accounts as opposed to the fund accounting way of doing things which preceded it. Some main requirements for the financial statement of all nonprofits is that the statement contains a statement of position, a statement of activities, and a statement of cash flows…

that if $840,000 was instead put into a private account, and invested in a mixture of stocks and bonds, the return would be about $6.8 million in benefits. Indeed, the Dow rate of return calculator estimates a 275% rate of return over a 45 year period. Based in these statistics, using a private account to prepare for retirement is a significantly wiser financial decision that the current Social Security Program. The rate of return on a private account would cover more than the 40% of earnings…

Lender’s Bagels and Boboli. Brown berry Route Sales: This route costs $137,000 to purchase with a current gross of $376,428 per year in sales and $54,451 net. Independent distributors contracted through Bimbo bakery provide the distributorship and protection territory. Brands distributed currently include; weight watchers, Bimbo bread, Boboli and so much more. Currently, this route has six accounts with the mandate of delivering to well known grocery stores with its main location in Bolingbrook,…

education level, Interest in politics, Source of media to follow the news and current affairs + Frequency to follow the news and current affairs, Participation in political activities + Frequency of participation, Respondent’s engagement with politics Factors that have an influence on interest in politics: Highest education level, Source of media to follow the news and current affairs + Frequency to follow the news and current affairs, Participation in political activities…

have information about the company to invest in, are Current Ratio, Acid Test (Liquidity), Receivable turnover ( activity), financial leverage, debt ratio, Degree of indebtness (debt), Gross Profit Ratio, Net profit Margin, Earnings per share, among others.…

Georgia Lazenby believes a current liability is a debt that can be expected to be paid in one year. Is Georgia correct? Explain. Yes Georgia is correct because a current liability is a short-term liability that is to be paid within the accounting cycle which is one year or less. 7. (a) What are long-term liabilities? Give two examples Long term liabilities are company obligations that extend beyond the current year, or alternately, beyond the current operating cycle.…

arguments in opposition to currency hedging such as market efficiency, agency theory, and diversification do not have financial theory at their core. False A U.S. firm sells merchandise today to a British company for £100,000. The current exchange rate is $2.03/£ , the account is payable in three months, and the firm chooses to avoid any hedging techniques designed to reduce or eliminate the risk of changes in the exchange rate. If the exchange rate changes to $2.01/£ the U.S. firm will realize…

customers could not login to their bank account on the Internet and transfer money. However, as the Internet has developed so has online banking. As more people use online banking services the amount of cyber criminals that focus on accessing bank accounts has increased. To log into a bank account in the U.S. a password and security question is needed, in other countries such as Sweden electronic-ID is used to login to a bank account. Because of the current security system in the U.S it makes it…

increased traffic, which leads to increased profits. Brand Identity Before setting up any social media accounts, a business must have a true brand identity. A brand identity is a representation of the company’s reputation which is conveyed through attributes, values, purpose, strengths, and passions (Kolowich). Social media will allow the business to communicate these concepts…