honestly you would need all of them because they are very important to have as you get older
Answer:
9.60; 10.62
Explanation:
In 2016:
Average accounts receivables:
= (Beginning accounts receivable + Ending accounts receivable) ÷ 2
= (37,500 + 40,800) ÷ 2
= 39,150
Accounts receivable turnover = Net sales ÷ Average accounts receivables
= $376,000 ÷ 39,150
= 9.60
In 2017:
Average accounts receivables:
= (Beginning accounts receivable + Ending accounts receivable) ÷ 2
= (40,800 + 43,000) ÷ 2
= 41,900
Accounts receivable turnover = Net sales ÷ Average accounts receivables
= $445,000 ÷ 41,900
= 10.62
Answer:
The order, in terms of relative size, will be as follows:
(b) Consumption
(c) Investment
(a) Net Exports
Explanation:
The aggregate demand consists of the sum of four components which are government spending, consumption, investment and net exports.
Amongst which the consumption is the largest component of all, as it represents the total income spent by an individual or household on the goods and services in the economy. It's calculation is dependent of several factors such as disposable income, interest rates and future economic conditions.
Investment is the second largest component, after consumption, as shifts in it's value results in improvement/fall on the quality and quantity factors of production in the long run.
In terms of size when compared with the other components, the Net Exports stands as the smallest component. Practically due to the fact that it is calculated after deducting imports from exports.
Answer:
A) The GAAP statement is based on cost function rather than cost behavior.
Explanation:
Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.
While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?
Answer:
Maybe on hoteljob has but has been deleted T T
Explanation: