Answer:
B, For a partnership, it is calculated at the entity level.
Explanation:
For a partnership, it is calculated at the entity level. This is to ensure that double income computation is avoided.
Answer: The accounts receivable turnover is computed using the formula below: Net credit sales divided by Average accounts receivable
Explanation: The accounts receivable turnover ratio is a measure used to quantify a company's effectiveness in managing its receivables collections or amount owed by clients. The following steps are involved in calculating the accounts receivables turnover:
- Get the accounts receivable at the beginning and end of the desired periods and divide by 2 to get the average, which is the denominator in the formula above.
- Then get the net credit sales, which is the total sales revenue done on credit to customers, after backing out customers' returns
High accounts receivable turnover ratio means the company's collection process is highly effective while the low ratio signifies the opposite.
Answer:
Unemployment is defined as a situation in which a person wants to be employed but is not able to get a job.
Explanation:
Option C is the correct answer that perfectly describes unemployment. it occurs when a person is willing to work but due to recession or bad economic conditions is unable to find a job. it is commonly encountered by those people, who are looking for job in high number but due to non availability of job are unemployed.
Answer:
The Marketing Department plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business.
Explanation:
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Answer:
After a long night of partying, one of your friends yells "Road Trip!" You all hop in the car and keep driving. When you finally reach your destination it is noon and you see the Sun directly overhead. You look at the calendar and see that it is December 21st. At what latitude are you?
At when sun is directly overhead means the latitude 0 degree
Explanation:
