Answer:
The price.
Explanation:
Elasticity is the percentage change in quantity divided by the percentage change in price.
Answer:
The correct answer is letter "A": are rarely worth their face value.
Explanation:
Accounts receivables are notes issued to customers after selling them a product or rendering services on credit. The repayment term may vary from 30, 60 or 90 days. If an account receivable is not paid after that period it could be considered as an uncollectible account which implies the company will incur losses.
<em>Accounts receivable are hardly ever accepted at face value (real value of the moment of the purchase) because companies add the interest rate that is to be charged for the sale on the account.</em>
Answer:
You Gotta Believe by Marky Mark (Mark Walburg) and the Funky Bunch
Explanation:
B. The number of days’ sales in receivables is calculated as average accounts receivable divided by average daily sales
