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Aliun [14]
3 years ago
6

Peterboro Supply has a current accounts receivable balance of $391,648. Credit sales for the year just ended were $5,338,411. Ho

w long did it take on average for credit customers to pay off their accounts during the past year
Business
1 answer:
andreyandreev [35.5K]3 years ago
5 0

Answer:

Time taken will be 31.35 days

Explanation:

We have given account receivable = $391648

Credit sales for the year = $5338411

Number of days in an year = 365 days

We have to find the time taken on average for credit customers to pay off their accounts during the past year

Time taken is given by =\frac{365\times account\ receivable}{credit\ sales}=\frac{365\times3 91648}{5338411}=31.35days

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Answer:

c. GM sells stock in Audi to German resident

Explanation:

It means a capital outflow for Germany because a foreing company to Germany sells its shareholding position in a German Company,

the sale means that a German Resident gives money to a foreign company in exchange for the Audi shares.

7 0
3 years ago
Create a list of requirements to open a new restaurant​
kupik [55]

Answer:

1. Choose a Restaurant Concept and Brand.

2. Create Your Menu.

3. Write a Restaurant Business Plan.

4. Obtain Funding.

5. Choose a Location and Lease a Commercial Space.

6. Restaurant Permits and Licenses.

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3 years ago
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Suppose that an issuing bank pays on documents that are conforming to the requirements of the letter of credit, but the seller h
AleksAgata [21]

Answer:

a) As long as the documents strictly comply with the letter of credit requirements, the bank will not have to reimburse the buyer

Explanation:

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Since in the question, it is given that the seller has shipped the goods that are worthless i.e of no use for the buyer so in this case,  the bank would not reimburse the buyer.

Therefore the correct option is A.

6 0
4 years ago
Based on the Management in Action case, if an employee asks Korey for time off to take care of a sick child, Korey may believe t
yaroslaw [1]

Korey's perceptual bias is the fundamental attribution.

Fundamental attribution occurs if an individual tries to explain the behavior of another person based on his/her personality, rather than based on the situation.

This type of bias is shown by Korey because he:

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Learn more in: brainly.com/question/13044778

5 0
3 years ago
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natka813 [3]

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It seeks to know how individuals are associated, motivated and behave for every concept.

The first SD questionnaires contained a list of 7-point scales (−3; 0; +3) between contrasting, opposite adjectives (e.g., kind-wicked)

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