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Nata [24]
3 years ago
13

Our play ___ has days of sales tied up in receivables, which is much ___ than the industry average. it takes our play

Business
1 answer:
MrMuchimi3 years ago
4 0
The answer to this question is 14.24 ; higher
Currently, the industry standard for this kinda thing is 9.0. This indicated that most of the sales that the play made during the period mostly paid in the form of debt. (usually caused by customers buying the ticket of the play by using their credit cards)
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Which psychographic or lifestyle trend does this study support
melisa1 [442]

Answer:

where is the study at?

Explanation:

3 0
3 years ago
The advantage of relating a company's bad debt expense to its outstanding accounts receivable is that this approach:
jeka57 [31]

Answer:

A. gives a reasonably correct statement of receivables in the balance sheet.

Explanation:

  • As bad debts are related to the companies current assets that are receivables and are also referred to as the uncontrollable expenses and results for the nonpayment of the delivered good and the services
  • Hence the correct method to show this is through the balance sheets clarify on the amounts of the outstanding accounts receivables and payment made.
4 0
3 years ago
When members of minority cultures feel that they have to behave in ways similar to the majority culture, this is called ________
lesya692 [45]

Answer:

a) biculturalism

Explanation:

Biculturalism refers to one culture in which the combinations of two cultures are added it could be in the same country. The two cultures must be different to make them one

Therefore in the given situation when the minority members feel that they have to behave in the same way as the majority culture so this we called as a biculturalism

Therefore the correct option is a.

6 0
3 years ago
Identify a true statement about succession planning. Group of answer choices Long-term succession planning should exclusively in
matrenka [14]

Answer:

It provides career opportunities and plans for individuals, which helps retention and performance.

Explanation:

Given that succession planning is the planning technique that involves the turning over of a firm's leadership roles, which is usually the owner of a firm or business to one or more employees such that the businesses keep running smoothly even after the firm's pioneers have long gone.

Some of the factors to consider when developing succession plans are

1. Internal candidates.

2. Candidate development.

3. Multiple candidates.

4. Diversity.

5. Team approach.

6. Middle management of the firm

7. Retention

Hence, the true statement about succession planning is that "it provides career opportunities and plans for individuals, which helps retention and performance."

7 0
3 years ago
The balance in Accounts receivable was $650000 at the beginning of the year and $760000 at the end of the year. Credit Sales tot
castortr0y [4]

Answer:

Cash = $3,610,000

Explanation:

Debit: Cash                                             ??

Debit: Bad Debt Expense                $410,000

Debit: Accounts Receivables           $110,000

Credit: Sales                                                        $4,130,000

  • Account Receivables for the period = Closing Balance - Opening Balance

Account Receivables for the period = $760,000 - $650,000 = $110,000

  • Cash = Credit Sales - Accounts Receivables for the period - Bad Debt Expense

Cash = $4,130,000 - $110,000 - $410,000

Cash = $3,610,000

7 0
3 years ago
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