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:
ask her why
Explanation:
because friend will do somthing for a reason
Answer:
The direct labor cost cannot be ascertained from the information given in the question
Explanation:
Direct materials+Direct labor cost= $8300000
In order to determine the labor cost of the $8300000, we need a clue as to the percentage of the labor cost in the total of $8300000 or the portion of $8300000 that belongs to direct materials.
Since such a hint is missing,we can simply guess, costs incurred cannot be shared out on a basis that has no relationship with reality,hence, the correct answer is that the direct labor cost cannot be determined based on details provided.
Price Discrimination is the practice of selling a specific product at more than one price when the price differences are not justified by cost differences.
<span>i.e. Age based pricing such as charging less for a child's ticket to a movie theatre/amusement park than an adult. </span>
<span>Universities charging more for out-of-state residents. </span>
<span>A doctor charging for services based on patients income.
I hope this helps!
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<span>Streaming media uses incredible amounts of data, since each pixel shown on the screen is a single piece of 'data', and the higher the resolution the greater amounts of data required. The answer is false.</span>
