Answer:
49 days
Explanation:
Account receivable turnover ratio = Net credit sales / Accounts receivable
Account receivable turnover ratio = $602,000 / $79,922
Account receivable turnover ratio = 7.53
Average collection period = 365/7.53
Average collection period = 48.47277556440903
Average collection period = 49
Thus, firm’s sales uncollected for year is 49 days.
The highest score is the best option upon concluding the multi-criteria analysis .
<h3>What is a multi-criteria analysis' benefit?</h3>
By evaluating the results, performance, implications, and trade-offs of various policy alternatives, a Multi-Criteria Analysis (MCA) can be used to discover and contrast them. MCA offers a methodical method for supporting complicated decisions in accordance with predetermined standards and goals.
<h3>What is a multi-criteria analysis' benefit?</h3>
Managers can make environmental management decisions that involve trade-offs between a variety of intended management action outcomes with the aid of multi-criteria analysis. Transparent decision modeling begins with clearly specified criteria and hierarchically arranged objectives (particularly when employing qualitative measures).
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Discharging waste from the facility into the bay can result in a. <u>penalties </u><u>and damages</u>.
Many companies are known to discharge their wastes in an estuary bay. Such companies are subjected to heavy penalties by the government and also as there are aquatic organisms in a bay, the toxic compounds from the water can cause damaging results to the bay ecosystem.
Hence, companies such as Deep earth extraction inc, they discharge waste in the bay, and there are penalties and damages that they have to afford due to the risk they had caused to the bay. All companies should make sure to have a proper disposal system where other life forms and the earth is not damaged by the toxic wastes.
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The SAFE act assures the payment of otherwise non-collectable court judgments against licensees who have committed fraud, misrepresentation, deceit, or conversion of trust funds in a transaction.
<h3>What is the SAFE act?</h3>
This was the act in the United States that made it mandatory for houses to be registered and licensed.
The act is based on houses that are used as residences. The full meaning of the act is the Secure and Fair Enforcement for Mortgage Licensing Act.
The main purpose of the SAFE act is to try to ensure that consumers are protected and also help in the reduction of fraud. This would be done by setting a standard for licensing and the originators of mortgage loans.
Hence the correct answer to the question is the SAFE act.
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