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Leno4ka [110]
3 years ago
6

g The ____ is the average length of time to convert the firm's receivables into cash. Select one: a. payables deferral period b.

receivables collection period c. cash conversion period d. inventory conversion period
Business
2 answers:
Lina20 [59]3 years ago
7 0

Answer:

b. receivables collection period

Explanation:

The receivables collection period is a financial ratio used to measure how effectively and quickly a company extends credit sales to customers and collects cash from such sales.

It is computed by dividing the average accounts receivable balance by total net credit sales and multiplying result by the number of days in the period.

MAXImum [283]3 years ago
5 0

Answer: D inventory conversion period

Explanation:

Inventory conversion period reports us about the average time to convert our total inventory into sales. It is relationship between total days in year and inventory turnover ratio. In other words, it measures the length of time on average between the acquisition and sale of merchandise.

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​elena is a regular customer at cuppo' coffee. she is the first customer to enter the coffee shop every morning and spends $10 f
Vera_Pavlovna [14]

Answer:

The management can make Elena a loyalty card holder or loyalty program member.

Explanation:

A customer loyalty program refers to a kind of reward program offered by a company to it's those customers who frequently purchase it's products or avail it's services.

Usually, under such loyalty programs, a customer is provided with a loyalty card, wherein for each purchases he/she makes, some loyalty points are earned. These loyalty points can collectively be redeemed later on, in the form of discounts.

So, in the current case, since elena is a frequent buyer of coffee on routine basis, the management can include her in their customer loyalty program and provide her with a loyalty card.

Such card will provide her with rewards and would make her feel privileged, strengthen her bond of loyalty with cuppo' coffee and may lead to increased customer share.

4 0
3 years ago
The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations.
guajiro [1.7K]

Answer:

Net account receivable

2021 $8,085

2022 $5,335

Explanation:

Calculation for the net account receivable

2021 2022

Total account receivable 14,700 9,700

(33,200-18,500=14,700)

(48,200-38,500=9,700)

Less: Allowance for doubtful accounts (6,615) (4,365)

(45%*14,700=6,615)

(45%*9,700=4,365)

Net account receivable 8,085 5,335

(14,700-6,615=8,085)

(9,700-4,365=5,335)

Therefore Net account receivable will be :

2021 $8,085

2022 $5,335

6 0
3 years ago
In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variab
tankabanditka [31]

Answer:

Until Marginal Revenue = Marginal Cost

​

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

8 0
2 years ago
During its 1st month of business, Noodlecake's cash increased by receiving $5,000 from issuing common stock to its owners, borro
Anestetic [448]

Answer:

Noodlecake

On its statement of cash flows, Cash Provided by Operating Activities equals $__1,000____ Cash from Investing Activities equals $__(3,000)______ Cash from Financing Activities equals $_7,000______  and the Change in Cash equals $_5,000______ Be sure to use parentheses around the amount if it is a cash outflow, e.g. $(1,000)

Explanation:

a) Data and Calculations:

Financing activities:

Common stock $5,000

Bank loan            2,000

Net cash           $7,000

Operating activities:

Cash from customer $3,000

Cash to employees   (2,000)

Net cash                    $1,000

Investing activities:

Equipment     ($3,000)

Net cash from cash flows = $5,000

The net cash from cash flows or the change in cash flows is the summation of the changes in the operating, investing, and financing activities of Noodlecake during the period under review.  It shows by how much the cash has increased or decreased when compared to the beginning balance, which can be zero as in this case.

3 0
3 years ago
Prejudice would be an example of what factors affecting wages?
Elodia [21]
C. Social attitudes
7 0
2 years ago
Read 2 more answers
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