Answer:
The correct answer is (b)
Explanation:
Socioeconomic cultural is one of the important factors that can help a business to grow and expand. Changes in socioeconomic environment can positively and negatively affects the sales. In this case of Fabtabix, the socioeconomic change has positively affected their business that is why it is growing over the past few years. Fashion conscious is a sociocultural component.
Answer: $0
Explanation:
Life insurance proceeds are generally considered to be tax exempt in order to ease the burden on the bereaved which means that Jason does not have to report any gross income from receiving this insurance proceeds.
If Jason does not collect all the proceeds at once however, and leaves some or all of it with the insurance company to accumulate interest, he will have to pay taxes on that interest.
Answer:
a. The account Receivable Turnover is 27 times
b. 13.52 days approximately
Explanation:
1. Account Receivable Turnover = Net sales / Average Account Receivables
Account Receivable Turnover = $1,182,600 / $43,800
Account Receivable Turnover = 27 times
The account Receivable Turnover is 27 times
2. Number of days' sales in receivables days = (Average Account Receivables * 365 days) / Net sales
=(43,800 * 365) / 1,182,600
=13.5185
=13.52 days approximately
Answer: 2.90 years.
Explanation:
Payback period is the amount of time that it will take a project to pay back or recuperate the initial investment in the project.
This project is making $8,600 a year and had an initial investment of $25,000.
The Payback period is;
= Investment / Annual Cashflow
= 25,000 / 8,600
= 2.90 years.
Self efficacy is a view of the self as able to master skills and complete tasks.
More about Self efficacy:
Self-efficacy is the conviction that one can succeed in a specific circumstance. These beliefs, according to psychologist Albert Bandura, determine how people feel, act, and think.
In addition to how you feel about yourself, self-efficacy might influence whether or not you reach your life's objectives. Albert Bandura's social cognitive theory, which emphasises the significance of observational learning, social experience, and reciprocal determinism in building a personality, is centred on the idea of self-efficacy.
Learn more about self efficacy here:
brainly.com/question/28215515
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