1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zimovet [89]
3 years ago
13

The accounts receivable turnover rate: A) Indicates the proportion of a company's accounts receivable that the independent audit

ors were unable to confirm. B) Indicates how many times the receivables were converted into cash during the year. C) Is computed by dividing average receivables by sales. D) Indicates the average number of days a business waits to make collection on a credit sale
Business
1 answer:
riadik2000 [5.3K]3 years ago
5 0

Answer:

B) Indicates how many times the receivables were converted into cash during the year.

Explanation:

Account receivable Turnover is a ratio which shows that how many times the account receivable is converted into cash in a given period of time. It shows the efficiency of recovery from customer by a company. A company with higher turnover ratio is considered to more profitable and its liquidity is higher. A company with lower Turnover will have low profits and may face liquidity problems.  

You might be interested in
Monopolies, oligopolies, and monopolistic competitive industries all A) earn positive profits in the long run. B) have market po
iris [78.8K]

Answer: Option (A) is correct.

Explanation:

Correct option: Earn positive profits in the long run.

All the industries that operates in a monopoly, oligopoly and monopolistic market conditions are generally having positive profits in the long run.

These industries can earn positive profits because there are high restrictions on the entry of the new firms. This is the case of monopoly and oligopoly. But in monopolistic competition, there are many firms in the market and the firms in this market condition can have a positive profits in the long run. There are comparatively less barriers on the entry of the new firms.

7 0
4 years ago
Which of the following is true? a. risky assets on average do not earn a risk premium b. there is a reward for bearing risk, on
Natali [406]
Your option is e which is the right answer
8 0
4 years ago
The current dividend yield on CD's common stock is 1.89 percent. The company just paid an annual dividend of $1.56 and announced
andrey2020 [161]

The required rate of return on the stock of CD will be 10.86%.

<h3>What is rate of return?</h3>

The capital gains made from investment in such asset class(s) over a specific period is the rate of return of such investment. In the above case, the rate of return using the given values will be,

\rm Rate\ of\ Return= Growth\ Rate+ Dividend\ Yield\\\\\rm Rate\ of\ Return= 0.0897+0.018\\\\\rm Rate\ of\ Return= 0.1086

Hence, the required rate of return is calculated as 10.86%.

Learn more about rate of return here:

brainly.com/question/24232401

#SPJ1

7 0
2 years ago
If items listed in the Inclusions section of the Contract to Buy and Sell Real Estate are not a part of the property, the broker
Ipatiy [6.2K]

Answer:

The correct answer is letter "A": do nothing, if the listing item is not on the property as of the date of the contract, it is not included nor necessary to cross it out.

Explanation:

The inclusions section of a buy or sell contract includes several items that might not be part of the property. The fact that those objects are part of the section does not imply they are part of the property in question. That is the reason why the section has the name of "<em>if on the Property whether attached or not on the date of this Contract</em>".

6 0
3 years ago
Dubberly Corporation's cost formula for its manufacturing overhead is $32,000 per month plus $50 per machine-hour. For the month
alisha [4.7K]

Answer:

Activity  Variance= $ 58,590 Adverse

Explanation:

<em>The overhead activity variance is the difference between the actual manufacturing overheads and the standard cost of the actual machine hours </em>.

                                                                                                          $

7,750 hours should have cost ( 7,750× $50)                           387,500

Actual manufacturing overheads                                            <u>446,090</u>

Activity  Variance                                                                     <u>  58,590 Adverse</u>

<u />

6 0
3 years ago
Other questions:
  • Navigator sells GPS trackers for $50 each. It expects sales of 5,000 units in quarter 1 and a 5% increase each subsequent quarte
    10·1 answer
  • Company sales reports are often utilized as part of a company’s marketing research activities and can provide insight about whic
    15·1 answer
  • On January 1, 2017, Shamrock Inc. issued $400,000 of 7%, 5-year bonds at par. Interest is payable semiannually on July 1 and Jan
    13·1 answer
  • "Ramon runs the marketing department at his company. His department gets a budget every year, and every year, he must spend the
    11·1 answer
  • Absorption costing income would be ____ variable costing income. a. $150,000 less than b. $150,000 greater than c. $240,000 less
    13·1 answer
  • ?alan used to follow a libertarian leadership style. he recently decided to become stricter toward productivity targets as a res
    12·1 answer
  • There is $257 in your account and you earn simple interest of 3.2% for 5 years. What is your new balance?
    5·1 answer
  • When a transfer has no effect on fixed costs, to be acceptable to the selling division, the transfer price must ______. Multiple
    15·1 answer
  • On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $42,000 and giving a short-term note for
    6·1 answer
  • Which country eats the most cheese per capita?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!