Hi there
The accounts receivable turnover ratio equals net credit sales divided by average accounts receivable
So
5.0= Net credit sales/ (20,000 + 22,000/2)=
5 x 21,000= 105,000
Net Credit Sales= 105,000
Hope it helps
Answer:
Business relationship
Explanation:
My teacher just gave me the answer
<span>Consumer behavior ...............
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Answer:
D. None of the above.
Explanation:
monetary polict affects the interest rates, but the exact intreset rates are difficult to predict due other tfactors affecting the interest rate.
the money multiplier is considerably unstable and at times, the monetary policy can turn out to be ineffectiveif the inverstment adn consumption fail to respond to changes in the interest rates.