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beks73 [17]
3 years ago
11

Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment payi

ng 12 percent annually. What will be the amount he will have at the end of the six years? (Round to the nearest dollar.)
Business
1 answer:
emmainna [20.7K]3 years ago
8 0
7 is the annual rate for 6 years
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Below is information from the financial statements of Greenwich Company: Accounts receivable (net) 2016: $2,400 Accounts receiva
ra1l [238]

Answer:

32.44 days

Explanation:

The computation of the average collection period is shown below:

But before that we have to determine the account receivable turnover ratio

So, the account receivable turnover ratio is

= (net sales) ÷ (average of account receivables)

= $25,875 ÷ ($2,400 + $2,200) ÷ 2

= $25,875 ÷ $2,300

= 11.25 times

Now the average collection period is

= Total no of days in a year ÷ account receivable turnover ratio

= 365 ÷ 11.25

= 32.44 days

We assume that the no of days that should be considered is 365 days

7 0
3 years ago
For years Print and Copy, a copier machine supplier, enjoyed strong sales and a huge share of the copier market, far ahead of it
anzhelika [568]

Answer:

<h2>The answer, in this case,would be option D. given in the answer choice or closed.</h2>

Explanation:

  • A closed system strategy basically signifies a confined and a non transparent business strategy which is characterized by a limited interaction between the concerned company or business organizations and its customers.
  • Under the closed system, the companies or business organizations often stick to their traditional or conventional products and services and are usually not open or receptive to contemporary and recent market trends and patterns adopted by their competitors.
  • In this case, Print and Copy mostly relies on their selling existing product lines which have traditionally yielded higher revenue and consolidated company's market share in the industry in comparison to its market competitors. It also doesn't depend much on product modification based on respective customer feedback and reviews to enhance customer satisfaction and market goodwill or reputation,thereby,exhibiting infrequent and limited business and customer interaction.
4 0
3 years ago
Your unique combination of attitudes, behaviors, and characteristics make up your _____. a. learning style b. self-concept c. pe
egoroff_w [7]

Answer:

C. Personality

Explanation:

Answer on Edge2020

4 0
3 years ago
Read 2 more answers
Regina, the CEO of a popular health magazine, subscribes to 20 other magazines to follow the industry trends, understand the fin
Akimi4 [234]

Answer:

the monitor role

Explanation:

As stated by Henry Mintzberg, managerial roles can be divided into three basic categories:

  1. informational roles: includes monitor, disseminator and spokesperson roles.
  2. interpersonal roles: includes figurehead, leader and liaison roles.
  3. decisional roles: includes the entrepreneur, disturbance-handler, resource-allocator and negotiator roles.

The monitor role requires the manager to seek out information related to the organization and industry, and monitor the organization's productivity and well-being.

8 0
3 years ago
Procter &amp; gamble has fickle customers and needs to rapidly innovate new products. it benefits from implementing:______.
zimovet [89]

Option (B) is a matrix organization to manage a wide variety of demographic-specific products or services.

Procter & Gamble Co (P & G) is a consumer goods manufacturer and distributor. The company's products include conditioners, shampoos, male and female blades, and razors, toothbrushes, toothpaste, dishwashing liquids, cleaning agents, surface cleaners, and air purifiers.

Procter & Gamble is not owned by a hedge fund. The company's largest shareholder is The Vanguard Group, Inc., which holds an 8.9% stake. BlackRock, Inc. holds 6.6% and 4.4% of the outstanding shares. And State Street Global Advisors

Procter & Gamble has been controversial in recent years. The osteoporosis and bone loss drug Actonel, which was co-marketed with Sanofi-Aventis, caused side effects in many patients.

Learn more about Procter & Gamble at

brainly.com/question/13754934

#SPj4

5 0
2 years ago
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