If total lia - Study guides, Class notes & Summaries

DSC1630 - Introductory Financial Mathematics EXAM PACK 2024 1. On his ninth birthday on 21 February Shelly received R420. His parents immediately invested the money in an account that earns 7,5% simple interest. The amount of money that can be withdrawn on 5 June for the same year equals [1] R411,21. [2] R428,89. [3] R428,98. [4] R429,07. [5] none of the above. 2. An interest rate of 16,4% compounded quarterly is equivalent to a weekly compounded interest of [1] 16,073%. [2...

If the defendant is in custody for any offense, the determination of whether probable cause exists must be made: correct answer: within 48 hours of arrest. The state is permitted to two 24-hour extensions, for good cause. (total maximum of 96 hours) The trustees of a business trust are usually held personally liable to trust creditors. correct answer: However, contractual exculpatory clauses negating the trustees' personal liability and relegating creditors to the trust assets are quite co...

State Farm Property Question and answers rated A+ 2024/2025In property insurance actual cash value is defined as which of the following - correct answer Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - correct answer the cause of loss insured against What is a leading factor in the determination of actual cash value - correct answer replacement cost Replacement cost is defined as - correct answer full replacement of property at its cu...

NAB RCAL Exam Rated A+ 4 components of leadership (influencing) and direct group 4 elements of a valid contract Process, Influence others, occurs in groups, attain goals agreement, consideration, contractual capacity, legality (in writing) "ACCL" 5 steps of budgeting Assessing environment, Programming, Developing operating budget, Building cash budget, Determing capital budget 12 weeks unpaid if an employee has worked 1250 hrs within last 12 months. Covers -serious health ...

ACCT 212 Week 1 Homework (Collection) – Download For Revision Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year on December 31, 2021, the comp any reports the following amounts: Cash $ 1,400 Service revenue $71,200 Equipment 20,500 Cost of goods sold (food 54,100 expense) Accounts payable 2,700 Buildings 23,000 Delivery expense 3,300 Supplies 1,700 Salaries expense 6,200 Salaries payable 700 In addition, the company had common stock of $23...

PROPERTY AND CASUALTY INSURANCE EXAM WITH VERIFIED ANSWERS 1. Specific insur- ance 2. Blanket insur- ance This type of insurance designates a particular item to be insured This type of insurance covers more than one item of property at a single location or one more items of prop- erty at multiple locations. 3. Speculative possibility of both gain and loss. Not insurable. 4. Pure only the possibility of loss. Insurable. 5. What are the 5 methods of man- aging or handling risk? avo...

NAB RCAL Exam Questions and Answers Already Passed Breakeven Point? total cost = total revenue Working capital ratio current assets / current liabilities Acid-test (quick) ratio (cash + AR + short-term investments) / current liabilities debt to assets ratio total liabilities/total assets FTE (full time equivalent) total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net pr...

NAB RCAL Exam Breakeven Point? correct answertotal cost = total revenue Working capital ratio correct answercurrent assets / current liabilities Acid-test (quick) ratio correct answer(cash + AR + short-term investments) / current liabilities debt to assets ratio correct answertotal liabilities/total assets FTE (full time equivalent) correct answertotal number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin correct answerNOI/Tot. Revenue. Defi...

NAB RCAL Exam Breakeven Point? Ans- total cost = total revenue Working capital ratio Ans- current assets / current liabilities Acid-test (quick) ratio Ans- (cash + AR + short-term investments) / current liabilities debt to assets ratio Ans- total liabilities/total assets FTE (full time equivalent) Ans- total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin Ans- NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof...

NAB RCAL Exam Breakeven Point? - Correct answer-total cost = total revenue Working capital ratio - Correct answer-current assets / current liabilities Acid-test (quick) ratio - Correct answer-(cash + AR + short-term investments) / current liabilities debt to assets ratio - Correct answer-total liabilities/total assets FTE (full time equivalent) - Correct answer-total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin - Correct answer-NOI/Tot. Revenue....