Answer:
B) click-and-collect
Explanation:
Click-and-collect is a phenomenon where customers can buy or order goods from a store's website and collect them from a local branch closest to them.
Answer:
<em>Before setting your prices, it's wise to research industry standards- B.</em>
We may understand criminal behavior and thus be able to prevent crime.
Answer:
A) The account receivables turnover is 15, and B) the number of days sales in receivables is 24.3 days.
Explanation:
A) FORMULA FOR ACCOUNT RECEIVABLES TURNOVER =
NET SALES / AVERAGE ACCOUNT RECEIVABLES
Given information -
Net sales = $1500,000
Average account receivables = $100,000
Putting the values in formula -
= $1500,000 / $100,000
= 15
B) FORMULA FOR NUMBER OF DAYS SALES IN RECEIVABLES =
365 / ACCOUNT RECEIVABLES TURNOVER
= 365 / 15
= 24.3 DAYS
