Answer:
The firm's accounts receivable period is 23.25 days
Explanation:
Accounts receivable period = 365 / Account receivable turnover ratio
When Account receivable turnover ratio = Net sales / Account receivables
Account receivable turnover ratio = 118,280 * 365 days/ 2,750,000
Account receivable turnover ratio = 15.698
Hence, Account receivable period = 365 / 15.698
Account receivable period = 23.25 days
Answer:
Positioning: The final step is to position your product in a way that will appeal to the needs of your target audience and encourage them to buy your product.
Answer:
1. Debt-spending on education
2. Debt spending on highways and ports
3. Debt-spending on research and development
Explanation:
Following are the steps which must be taken to offset the effect of crowding out in long-run. These steps are critical. The first step is government should spend more on education. Likewise, the debt spending on highways and port is critical, that is to develop infrastructure to restructure the economy. The last step is to spend government debt on research and development process.
If wages and tips do not equal the federal minimum wage of $7.25<span> per hour during any pay period, the employer is required to increase cash wages to compensate. As of May 2012, the average hourly wage – including tips – for a restaurant employee in the United States that received tip income was $11.82.</span>
Answer:
b. Capital earns interest; entrepreneurship receives a profit or incurs a loss
Explanation:
There are four factors of production.
1. Land- its return is rent. rent refers to the regular payment made to the landlord by tenants for using the land or property.
2. Labor-its return are salaries, wages or and commissions. salaries or wages refers to the regular payments paid to laborers for the services they offer.
3.capital- its return is interest. interest is the amount of money paid to an individual who provides money or capital
4. Entrepreneurship which receives a profit or incurs a loss. profit refers to a financial gain earned by an individual who provide products or services. An individual may incur a financial loss in the process of providing such goods or services
