Answer:
37.9 days
Explanation:
Given that,
Net sales = $951,000
Beginning accounts receivables = $75,500
Ending accounts receivables = $122,000
Average accounts receivables:
= (Beginning accounts receivables + Ending accounts receivables) ÷ 2
= ($75,500 + $122,000) ÷ 2
= $98,750
Accounts Receivable Turnover:
= Net sales ÷ Average accounts receivables
= $951,000 ÷ $98,750
= 9.63
Average collection period:
= 365 days ÷ Accounts Receivable Turnover
= 365 days ÷ 9.63
= 37.9 days
Answer:
Place
Explanation:
When banks try to make their positioning strategies tangible through the <u>Place</u> dimension, they make sure the exterior and interior have clean lines, the layout of the desks and the traffic flow are planned carefully, and waiting lines are not overly long.
Positioning strategies: It is a strategy that choose one or two key area to focus on for brand and product growth in the market. Before implementing these strategies, it is important to understand the strength and weakness of the company, target customer need and competitor´s position in the market, it help in effective planning and achieve objective of the company.
There are several dimension to positioning strategies, depending on what kind of analysis firm want to conduct.
Here in the given case, Bank have used place dimension of positioning strategies, so that it can gain more customer attraction and keep service flow organized in the bank.
Answer: closed shop
Explanation:
From the question, we are informed that in the late 1930s management at Atalanta Industries agreed to hire only those workers who were already members of the Electrical Union.
It should be noted that here, Atlanta agreed to a type of arrangement known as closed shop. This occurs when the workers have to belong to a particular union before they'll be employed. This was legal in 1930 but it was later declared illegal by Taft Hartley Act.
Answer:
The correct option is :
This stock is overvalued; you shouldn't consider adding it to your portfolio.
Explanation:
The stocks that are in cedar valley corporation has a price that exceedes its present value from this statement the first given option doesn't justify as the stocks rates are not undervalued.
Now, in the second option its again given that the stock will be overvalued which is true but it should be added to the portfolio is not correct. so, this option is not considered.
In the third option it mentions that stock is overvalued which is the correct option and also that it shouldn't be added in portfolio.
And the last one states that its undervalued which restricts the option at this point only.
So, third option is correct.
An$8,000
swer:
Explanation:
Non-cash contributions of capital gain property are subject to limit of 30% of AGI = 30% * 160000 = $48,000
$40,000 in property to public charity is allowable deduction (Contribution to private non-operating foundation is further subject to a 30% limit)
Hence, allowable deduction of contribution to private non-operating foundation = 30% * AGI (Contribution subject to 30% limit) = $48,000 - $40,000 = $8,000
