Answer:
16.77
Explanation:
Given that,
Accounts receivable = $35,680
Total assets = $538,500
Cost of goods sold = $325,400
Capital intensity ratio = 0.90
Accounts receivable turnover rate:
= (Total assets ÷ Capital intensity ratio) ÷ Accounts receivable
= ($538,500 ÷ 0.90) ÷ $35,680
= $598,333.333 ÷ $35,680
= 16.77
Therefore, the accounts receivable turnover rate is 16.77.
Answer:
The answer is true
Explanation:
The cost of acquiring information about the wealth implications of government activities is high
What the trend in the market is at that point in time and doesn't look for quality of the product
Answer: Rick is a new product manager for a large biochemical firm. He is currently working on a proposal for a new chemical solvent and knows that introducing the new product can be risky because it might fail. He also knows that <u>not introducing new products</u> is risky as well.
Explanation: Launching new products to the market is essential if a company wants to survive. The development of new products is linked to the ability of a company to remain competitive and the longevity of a business. since as time passes new products are created better than the previous ones leaving them obsolete.
Answer:
Annual economic profit = $113,000
Explanation:
Given:
Expenses on Real Estate = $150,000
Building rent = $17,000
Average spending on Ingredients = $20,000
Total anticipated revenue = $300,000
Computation of annual economic profit:
Annual economic profit = Total anticipated revenue - Expenses on Real Estate - Building rent - Average spending on Ingredients
Annual economic profit = $300,000 - $150,000 - $17,000 - $20,000
Annual economic profit = $113,000