Answer:
13.34
Explanation:
In this question, we are told to compute the account receivable turnover at the end of the year.
To calculate this , we proceed using a mathematical approach;
mathematically;
Accounts receivable turnover = Net Sale / (Average accounts receivable)
From the question, we can identify that the net sale is $12,442,000,000 while the average accounts receivable which is the average of the account receivable at the start of the year and that at the beginning of the year
= $ 12442000000 / (912000000 + 953000000)/2
= $ 12442000000 / 932500000
= 13.34
Answer:
Data Warehouse
Explanation:
A “data warehouse” is a repository of current and historical data of potential interest to managers throughout the organisation, that has been organized by subject to assist decision makers to be guided in their decision making.
The data in the data warehouse may be recent or ancient, and may be in its raw form or may have been processed and/or summarized.
Absence of data warehouse in an organisation displays the reality that decision making may not be at its best and that the quality of decisions can be improved, no matter how good they maybe without a data warehouse.
Answer:
Profits are a result of less competition.
Explanation:
The statement explains the possibility of profits when there are less competition in the market. Few large competition is the term used to define the less competition.
Making a profit by lending money is usury, and the person who is doing it is called a usurer.
Answer:
$3.90
Explanation:
using the discount model we can calculate the stock price:
stock price = [dividend x (1 - g)] / (RRR + g) ⇒ since the growth rate is negative, we need to change additions for subtractions and vice versa.
stock price = [$0.86 x (1 - 3.5%)] / (17.8% + 3.5%) = ($0.86 x 0.965) / 0.213 = $0.8299 / 0.213 = $3.90
