In a sales mix condition at any level of units vended the net income will be higher if more higher contribution margin units are sold than lower contribution margin units. The sales mix is the comparative proportion in which a company vends its multiple goods. In addition, the contribution margin ratio is contribution margin separated by sales.
Answer:
Accounts Receivables Turnover Ratio = 
= 10 times.
Explanation:
Accounts Receivables Turnover ratio = 
Here Net Credit Sales = $6.5 million
Accounts Receivables Opening Balance = $600,000
Accounts Receivables Closing Balance = $700,000
Average Accounts Receivable Balance = 
Accounts Receivables Turnover Ratio = = 10 times.
This shows that accounts receivables are on an average 1/10th of credit sales.
Final Answer
Accounts Receivables Turnover Ratio = = 10 times.
Answer:
Payback period is 6.5625 years
Explanation:
All amounts are in $
Item outflow inflow balance
Year 0 387,000 0 (387,000)
Year 1 0 64,000 (323,000)
Year 2 0 64,000 (259,000)
Year 3 0 64,000 (195,000)
Year 4 0 64,000 (131,000)
Year 5 0 64,000 (67,000)
Year 6 0 64,000 (3,000)
The remaining $3000 will flow in
= (3000/64000) × 12
= 0.5625
Payback period is 6.5625 years
Answer:
D
is ticketed for careless driving
Explanation:
FINRA Rule 4530 says one can report
each member of the firm promptly to FINRA, within 30 calendar days,
Answer:
b. Many different styles of leadership can be effective.
Explanation:
Leadership is the ability of a person to motivate others to deliver on set goals and objectives.
Depending.on the organisation, the goals to be achieved, needs of the followers, and the personality of the leader.
There are different leadership styles that are all effective depending on the situation
Authoritative leaders states the way things should be done with little input from the team.
Democratic leadership is when the leader gets feedback from the team and uses it to make decisions.
Free rein is when the leader allows the team do what they like in achieving goals.
Task oriented leadership focuses mainly on the task at hand.
