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KonstantinChe [14]
3 years ago
6

True or false? in regard to accounts receivable management, the older the account or the longer the account remains unpaid, the

less of a change that the facility will receive reimbursement for the encounter.
Business
1 answer:
Liono4ka [1.6K]3 years ago
7 0
That statement is true.
Linger period of unpaid receivable indicates either the person who held it  couldn't afford to pay back or that person already fled away.
Therefore, the company will most likely will receive lesser amount of that receivable chunk under this situation.
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Price is taken to be a given by an individual firm selling in a purely competitive market because.
snow_tiger [21]

Price is taken to be a given by an individual firm selling in a purely competitive market because each seller supplies a negligible fraction of total market.

Purely competitive market refers to a marketing situation in which there are a large number of sellers of a product which cannot be differentiated selling a standardized product and therefore, no single firm has a significant influence on the product price. It is characterized, furthermore, by ease of entry for new companies into the market and perfect market information. Hence, the sellers in such a market are considered to be price takers. Examples of purely competitive market are agricultural products such as wheat or corn.

Learn more about Purely competitive market:

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6 0
1 year ago
Budgeting helps consumers reach their financial goals by helping them do which of the following?
Firdavs [7]

Answer:

<u><em>C. Keep their expenses below their income</em></u>

Explanation:

7 0
3 years ago
The ABC Co. is considering a new consumer product. They believe that the XYZ Co. may come out with a competing product. If ABC a
andrey2020 [161]

Answer:

Let X be probability XYZ offers a competing product

EMV (assembly line) = $10,000∗X+$40,000∗(1-X)

EMV (addition) = -$100,000∗X+$600,000∗(1-X)

$10,000∗X+$40,000∗(1-X) = -$100,000*X+$600,000∗(1-X)

$10,000∗X-$40,000∗X+$40,000 = -$100,000∗X-$600,000∗X$600,000

-$30,000∗X+$700,000∗X = $600,000-$40,000

$670,000∗X = $560,000

X = $560,000/$670,000

X = 0.836

ABC will be indifferent between the two alternatives if the probability that XYZ will offer a competing product is estimated to be 0.836.

ABC should invest in the addition if the probability that XYZ will offer a competing product is estimated to be less than 0.836.

7 0
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astraxan [27]

Answer: net exports

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Balance of payment simply shows the estimation of the inflows and outflow of a nation's money for a certain year. It should be noted that current account of the balance of payment consists of three main components which are the trade in Goods, the trade in services, and the transfer payments.

The trade in goods is segregated into imports and export. This therefore makes the net exports volatile and vital because it has higher share in a current account.

3 0
3 years ago
Tammy just moved to an area that will soon get cold. She owns some sweaters, but she is not fond of them. She also does not own
Natalka [10]
Her needs must be met before her wants.
3 0
3 years ago
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