Answer:
(1) (i) 9.16 times
(ii) 39.845 days
(2) Yes
Explanation:
1. Net credit sales = 35,497
Average net receivables = (3,391 + 4,359) ÷ 2
= 3,875
So,
Receivables turnover ratio = Sales revenue (2022) ÷ Average net receivables
= 35,497 ÷ 3,875
= 9.16 times
However I don't know how they got the net receivables figure, because:
Gross receivable - ADA = net receivable,
but it doesn't work out like this above, so since the net receivable is given, I just used it as given.
Average collection period = 365 days ÷ Receivables turnover
= 365 ÷ 9.16
= 39.845 days
2. In order for something to be "material" it must be important.
Accounts Receivable are part of current assets and they are very important, so the answer is yes.
Answer:
Idea champion
Explanation:
The reason is that the idea champion is the person who promotes creativity and change in the organization because he thinks that transformation is the root cause of success in the business environment. The idea champion is of the opinion that the companies that are reluctant to transform their operations, products, etc are more headed towards the risk of loss of reputation and brand recognition as it is today. So Idea champion promotes critical and creative thinking in the business environment which we can see in the given scenario that Drag is promoting transformational, critical analysis of the discovery and creative thinking of opting this change through raising questions and trying to answering the questions.
Answer:
Increase demand for tickets to the Rancho Cucamonga Quakes game
Explanation:
An inferior good is a good whose demand increases when income falls and whose demand falls as income increases.
Inferior goods are opposites of normal goods whose demand increases as income rises.
I hope my answer helps you.
Answer:
66%
Explanation:
The Best estimate of the order's perfect performance is the probability that all four factors contribute as desired.
The probability of this happening is
= (0.9) × 4
= 0.6561
or
= 66%
Simply we multiplied the four factors with the given percentage so that the best estimate of the perfect order performance could arrive
I’m not sure about the first one (my best guess is B.) but the second one is A.
