Answer:
Avon Products Inc.
All Amounts in $ million
Gross Trade Accounts Receivable at the end of the year are $ 443 million + $ 86.7 million = $ 529.7 million
The amount of Bad Debts provided for the year is $ 144.1 million.
The amount of bad debts written off during the year is $ 160.2 million.
The amount of cash collected from the Customers
Opening Gross Accounts Receivable = $ 622.50 million
Sales for the year 2015 = $ 6,076.50 million
Closing Gross Accounts Receivable = $ 529.70 million
Net Collections from Customers = $ 6,169.30 million
Answer:
c. are incurred regardless of sales volume
Explanation:
Fixed costs are expenditures that do not vary with changes in production level. They are the costs that remain constant throughout a financial period. A business will incur fixed costs as long as it's operational regardless of its output or sales level.
Examples of fixed costs are rent, depreciation, salaries, and insurance costs. The majority of overhead costs and indirect costs make up the fixed costs. Variable cost contrasts fixed costs as they increase or decrease as production level changes.
Answer:
The correct answer is option D.
Explanation:
The market price is P.
The marginal cost is given at MC.
The subsidy is equal to s.
When the subsidy is provided to only a single firm, that firms marginal cost will decline. The firm can take advantage of decreased marginal cost by increasing the output level. The firm will produce the output where the price and marginal revenue is equal to marginal cost plus subsidy. At this point, the firm will be having maximum profit.
So, the firm will increase production until
P=MC+S
Answer:
third party. ... An example of a third party is the Green Party, running alongside the Republicans and Democrats. An example of a third party is the neighbor who overheard a couple fighting in their home.
