Answer:
45 days
Explanation:
Data provided
Credit Sales = $400,000
Accounts receivable turnover ratio = Credit Sales ÷ Average Accounts Receivables
= $400,000 ÷ ($100,000 + 0) ÷ 2
= 8 times
Average number of collection days = 360 ÷ Accounts Receivable turnover ratio
= 360 ÷ 8
= 45 days
Therefore for computing the average number of collection days we simply divide accounts receivable turnover ratio by 360.
A.the income is 2963829
B) Jordan p Walter
C)n/a
D) last 2 year
E) yes
Answer: AGREE
Explanation:
A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.
They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.
A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.
I think the answer is what and for whom.
In order to produce deals, there are 2 components need to be considered by every companies. The suitable product to sell (which answer the 'what' part of the economic question) and other parties that are willing to buy the product that they sell (which answer the 'for whom' part of the economic question)
Answer:
$6.43
Explanation:
The computation of the average total cost is shown below:
= Total cost ÷ Quantity produced
= $45,0000 ÷ 7,000 staplers
= $6.43
By dividing the total cost i.e $45,000 from the quantity produced i.e 7,000 staplers we can get the average total cost and the same is to be shown above.
And, the rest of the items should be ignored as it is not relevant to the current given situation
