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faust18 [17]
3 years ago
15

What are the advantages of collecting payment at the time of service?

Business
1 answer:
My name is Ann [436]3 years ago
8 0

<span>Your business can make a profit but still not have enough cash on hand if you don’t collect payment at the time of service.  At one given time, you may not have enough cash to pay your bills or payroll, Collecting payment at the time of service will ensure that you have enough cash coming in when you need to pay cash out. </span>

The best example is hospitals. These days, insured <span>patients are no longer allowed to walk out of the hospital without paying because of high administrative costs and low collection rates.</span>

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the government makes a new law about how to dispose of production materials. What factor will impact economic conditions? A) Nat
vovikov84 [41]

Answer:

goverment policy

Explanation:

5 0
3 years ago
Common allocation bases are a.direct labor dollars, direct labor hours, and machine dollars b.machine dollars, direct labor doll
kkurt [141]

Answer:

The correct answer is letter "C": direct labor dollars, direct labor hours, and machine hours.

Explanation:

The allocation base is the method of assigning overhead costs to the source that causes it. More often, the allocation base is used for goods being produced in the manufacturing industry. In case the allocation base has properly been applied, changes in the allocation costs will not have a major impact on the costs of the source.

<em>Examples of allocation bases are assigning costs of Human Resources (HR) according to the number of employees in each administrative department or direct labor dollars, direct labor hours, and machine hours in production.</em>

8 0
4 years ago
Donovan's would like to increase its internal rate of growth. Decreasing which one of the following will help the firm achieve i
IgorC [24]

Answer:

D) Dividend payout ratio

Explanation:

Internal Growth Rate of a firm is the maximum growth rate at which the firm can grow without involving external financing i.e. without assuming additional debt or equity infusion in the firm. At this level of growth the cash available from the operations can be used to fund the company.

It is calculated using the formula

IGR= ROA* b / (1-ROA * b)

where

IGR is the Internal Growth Rate

ROA is return on assets

b is the retention ratio or (1-dividend payout ratio)

To answer the question we look at each option

If ROA (Return on Asset) is decreased the numerator decreases and denominator increases in equation (1) and thus the Internal growth rate decreases, so ROA is not the answer

If Net Income is reduced the Return on Assets also falls thus as in the above case Internal growth Rate decreases

If retention ratio is reduced the numerator decreases and denominator increase leading to a fall in IGR

If dividend payout ratio is decreased the retention ratio increases leading to the increase in numerator and decrease in denomonator leading to an increase in the IGR. Thus Decreasing the dividend payout ratio will increase the IGR.

If Return on Equity is reduced i.e. indirectly Net Income is reduced for the same equity the similar effect as in part for Net Income and thus reduces the IGR.

So decreasing dividend payout ratio increases the interna growth rate of a firm

3 0
3 years ago
The merchants in Dallas, Texas, suffered flood damage in May 2003. Stores were closed for remodeling nearly two months. What is
Solnce55 [7]

When merchants in Dallas had to close their stores for remodelling, this type of variation is known as the irregular components.

<h3>What is an irregular variation?</h3>

An irregular variation in sales occurs when sellers change the quantity of things they sell as a result of an unexpected event.

In this case, sellers stopped selling because they had an irregular event when a flood damaged their stores.

Find out more on effects of unexpected events at brainly.com/question/26951330.

#SPJ4

5 0
2 years ago
) If investment decreases by $20 billion and the economy's MPC is 0.5, the aggregate demand curve will shift A) leftward by $20
SSSSS [86.1K]

Answer:

Option C. Leftward by $40 billion at each price level

Explanation:

The shift would be leftward because the decrease in investment results the decrease in the aggregate demand which will decrease the aggregate demand by decrease in investment divided by multiplier 0.5, which gives $40 billion decrease in aggregate demand. So the result would be the leftward shift by $40 billion at each price level.

5 0
3 years ago
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