1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kisachek [45]
4 years ago
8

Rock Solid Concrete Company does not offer customers a cash discount for early payment of their accounts receivable. As a result

, most customers wait to pay their bill on the last day before late penalties are charged. These customers apparently understand the
Business
1 answer:
Evgesh-ka [11]4 years ago
4 0

Answer:

the time value of money.

Explanation:

The time value of money is a concept that states that money held today is worth more than more held tomorrow or at any future date.

Money has the capacity of earning interest or some other type of return, that is why money paid in the future should account for the lost interest revenue.

Rock's clients understand that if they wait to pay until the last possible date, they can use the money to generate some type of gain.

You might be interested in
The market rate of interest​ ________.
Anit [1.1K]

Answer:

The answer is: A) affects the amount of cash interest the borrower pays each year

Explanation:

The market interest rate is the rate that investors demand to earn for lending their money. It affects the interest rate of every type of loan (including the stated interest rate of bonds, car loans, credit cards, etc.) because when it increases (because investors want to earn more money), the general level of interest rate for loans also increases.

3 0
3 years ago
John pays $35 to have quick oil and filter change his car's oil every few months. he could change his own oil, but the time that
Oliga [24]
Opportunity cost would be the answer.
7 0
3 years ago
Read 2 more answers
Match the following characteristics with their relevant project team organizational structures. The project is housed within a f
Rasek [7]

Answer:

A. Pure project A project manager leads personnel from different functional areas = Team members can work on several projects. Duplication of resources is minimized.

B. Functional project Personnel work on a dedicated project team = Team pride, motivation, and commitment are high.

C. Matrix project A team member reports to two bosses = The project is housed within a functional division of the firm.

Explanation:

For A answer, this kind of project management conducts the people, to work on a multitasking way, because they have to accomplish the responsibilities on their functional area as the same that they must accomplished their responsibilities on the project areas. This can minimized the resources for the project but could impact negatively on the compliment of responsibilities because is the same person for two work fronts.  

For B answer, if the people can focus their efforts only in the project, that creates more interest on reach the goals efficiently than if the team were distributed on functional and projects departments

For C answer, when the project is developed in a functional division of the firm, you, as a team project member, must report to the project manager and your functional area boss.

5 0
3 years ago
Phil owns 150 acres in fee simple absolute. tThese 150 acres are known as his?
SIZIF [17.4K]

Phil owns 150 acres in fee simple absolute. These 150 acres are known as his ownership

<h3>What is ownership?</h3>

Ownership is the legal possession and control of property, which can be any tangible or intangible asset. Ownership can involve multiple rights, referred to collectively as title, that can be separated and held by different parties.

The legal right of an individual, group, corporation, or government to possess a thing is referred to as ownership. Material and immaterial things are the two types of subjects of ownership. Material ownership refers to tangible items such as property, land, a car, a book, and so on.

The legal right to use, possess, and give away something is defined as ownership. Ownership can be of tangible things like personal property and land, or of intangible things like intellectual property rights.

To know more about ownership follow the link:

brainly.com/question/523607

#SPJ4

6 0
1 year ago
Are employers required to provide training for mandated reporters.
Mariulka [41]
It may be required by law.
This small bill also requires that employers provide mandated reporter training to appreciate staff members. Your employer provided mandated reporter training should include informational how to identify and report instances of child abuse or neglect.
6 0
3 years ago
Other questions:
  • You have been offered a job with an unusual bonus structure. as long as you stay with the firm
    15·1 answer
  • Bruce and lou, who sit next to each other, distract each other in the classroom. the teacher has tried rewarding them for approp
    9·1 answer
  • Lectors, lamplighters, and pinsetters are careers that have become _____ due to social, technological, and economic changes. in
    12·1 answer
  • Saine Corporation will pay a $3.06 per share dividend next year. The company pledges to increase its dividend by 6 percent per y
    13·1 answer
  • Stockholders in a corporation entrust control over the company's daily operations to managers selected by the board of directors
    15·1 answer
  • The two fixed overhead variances are the A. rate and efficiency variances. B. rate and volume variances. C. price and usage vari
    11·1 answer
  • An entrepreneur is considering opening a coffee shop in downtown Cookeville. The building that he is considering will have a mon
    15·1 answer
  • Assume household income has fallen dramatically in Country X and the cost of construction materials for building new houses has
    8·1 answer
  • On October 25, 2019, the company paid $29,400 rent in advance for the six-month period (November 2019 through April 2020). On De
    15·1 answer
  • Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!