There's an obvious answer... high risk; ergo high return.
Answer:
The residual income is $3,400.
Explanation:
Residual Income is calculated as Profit less Return on investment.
Net operating income $34,000
Less Return on Investment ($204,000 × 15%) ($30,600)
Residual income $3,400
Conclusion:
The residual income is $3,400.
Answer: c. $9,937.52
Explanation:
The Accounts receivable balance can be calculated by;
= Outfits per years * Average Price * (Collection period/365)
Collection period;
71% take the discount which means that they pay in 15 days while the rest pay in 40.
= (71% * 15) + (29% * 40)
= 22.25 days
Accounts Receivable balance = 1,140 * 143 * (22.25/365)
= $9,937.52
Option C
the family size of the firm's target market would be part of the sociocultural forces in a firm's external environment
<u>Explanation:</u>
To achieve and grow, organizations must modify, utilize, and agree with the authorities in their external environments. Sociocultural environmental forces cover opinions, views, customs and traditions, practices, and lifestyles. Social factors involve reference groups, family, position, and status in the community.
Family is a particular reference group and can execute the most crucial role in shaping the purchasing decisions of themselves. Staying aware of and obtaining the major reference groups, persons or family formations in a community and construction marketing on them can improve small businesses achieve victory.
One reason is they could get in trouble or get their bank account shut down. Another reason is the bank could also take down their house. The last reason is that their credit score would be low and banks won't want to except him in.