Answer:
Charles Inc.
The receivables turnover ratio for the year is:
= 14.5
Explanation:
a) Data and Calculations:
Credit Sales for 2012 = $2,000,000
Allowance for bad debt = 1% on credit sales ($20,000)
Beginning net accounts receivable = $150,000
Ending net accounts receivable = $125,000
Average receivable = ($150,000 + $125,000)/2 = $275,000/2 = $137,500
Receivables turnover ratio = Sales/Average receivable
= $2,000,000/$137,500
= 14.5
b) Charles Inc.'s Receivables Turnover Ratio shows how efficiently the company is able to manage its credit sales through effective and efficient collection of trade debts from customers. It is computed by dividing the credit sales by the average receivable.
Answer: (A) Capitalist
Explanation:
The main importance of the capitalist system is that it is the private property and the control over the various types of factors such as competition, production and the capital accumulation.
The global economical system is basically approach the capitalist in the form of the single unit according to the theory of world system. The private ownership, free market and the capital concentration are some of the characteristics of the capitalist.
Therefore, Option (A) is correct.
When the present worth is used to evaluate a single investment's attractiveness, the value that is is compared to is ZERO.
<h3>What is the present worth compared to?</h3>
The decision criteria when using present worth to analyze a project is whether the present worth is negative or positive. Negative present worth are refused but projects with positive present worth are accepted.
This means that the value being compared to is Zero because the present worth needs to be greater than Zero for it to be accepted.
Find out more on present worth at brainly.com/question/24674907
#SPJ1
The instrument that Shawn must use is “payable to the order of” before the name of the payee.
<h3>Requirements of Negotiability </h3>
- The first of the four major considerations is whether or not a paper is negotiable, and it is one that nonlawyers must address.
- Auditors, retailers, and financial institutions frequently handle notes and checks and must make quick decisions about negotiability.
- In a negotiable instrument, the only permissible promise or direction is to pay a particular sum of money. Any other promise or command renders negotiability null and void
- This restriction exists to prohibit an instrument from having an uncertain value.
- If the bearer of a negotiable instrument had to examine whether a provision or condition had been met before the thing had any value, the utility of the object as a substitute for money would be severely diminished.
Hence, the instrument that Shawn must use is “payable to the order of” before the name of the payee.
To learn more about the Negotiation instrument refer to:
brainly.com/question/9312091
#SPJ4
Answer:
C. 5 minutes per window
Explanation:
<em>Hello, I felt there was an error in the question, and I believe it should be "each window takes</em><em> 5</em><em> minutes" and not "each window takes </em><em>55</em><em> minutes". I was able to retrieve the question elsewhere and have attached it for your perusal :)</em>
<em />
Cycle Time is the time taken between two successive deliveries. Simply spoken, it is the time taken from when the order is initiated to when the order is successfully accomplished. It is important not to confuse cycle time with lead time. Lead time is the time between when an order is requested to when it is delivered. For example, in this case, the window may have been requested to be manufactured half hour before Alex started work on it. Thus, the lead time would be 35 minutes (30 minutes prior + 5 minutes it takes to complete). Cycle time on the other hand is simply 5 minutes on an order. It takes 5 minutes to complete a window and each order is only one window. Hence, cycle time is 5 minutes per window.
Hope this helps :)