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3 years ago

What does it mean to use critical-thinking skills?

Business

1 answer:

son4ous [18]3 years ago

6 0

Answer:

Critical thinking is the ability to think clearly and rationally about what to do or what to believe. It includes the ability to engage in reflective and independent thinking. Someone with critical thinking skills is able to do the following : understand the logical connections between ideas.

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Below are amounts (in millions) from three companies' annual reports.

OlgaM077 [116]

Answer:

1. Average Accounts Receivables = (Opening AR+Closing AR)/2

WalCo = 1,735 + 2,682 / 2 = 2208.5 = 2209

TarMart= 5,766 + 6,294 / 2 = 6030

CostGet= 549 + 585 / 2 = 567

Receivable Turnover Ratio = Net Sales / Average Accounts Receivables

WalCo= 314,427 / 2209 = 142.339 = 142.34

TarMart= 59,878 / 6030 = 9.903 = 9.90

CostGet= 60,963 / 567= 107.518 = 107.52

Average Collection Period = 365 / Receivable Turnover Ratio

WalCo= 365 / 142.34 = 2.56

CostGet= 365 / 9.90= 36.87

TarMart= 365 / 107.52= 3.39

2. Walco Company is the best Since it collects its AR in 2.56 days

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4 years ago

Compared to a checking account, the rules governing your

dedylja [7]

Restrictive because you need to restrict on using your savings money.

6 0

3 years ago

Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an addi

krek1111 [17]

Answer:

Cost of the VAN $53.298‬

Explanation:

We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.

The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.

list x reduction = invoice

invoice less discount = cash price

60,000 x (1 - 0.13) x (1 - 0.01) = 51.678‬

to this, we add up the sales tax and the extra cost for the device

51,678 + 860 + 760 = 53.298‬

5 0

3 years ago

Suppose that GDP was $250 billion in year 1 and that all other components of expenditures remained the same in year 2 except tha

nika2105 [10]

Answer:

$265 billion

Explanation:

The computation of the GDP in year 2 is shown below:

= GDP in year 1 + increase in the business inventories

= $250 billion + $15 billion

= $265 billion

We simply added the GDP in year 1 with the increase in the business inventories so that the GDP in year 2 could come

6 0

3 years ago

How to get a workers permit at 14 If you drop out of school in Pennsylvania

lidiya [134]

Well, for one, yes you can work when you are 14 in Pennsylvania.

To get a work permit, you must go to your school district to get your work permit, as they are responsible. This is for any student in any kind of school (online, traditional, charter, etc)

hope this helps

8 0

3 years ago

Read 2 more answers