Accounts receivable turnover is the number of times that a company collects its average account receivable per year. The ratio evaluates the ability of a company to issue credit to its customers efficiently and collect funds from them in a timely manner. A high turnover ratio indicates a number of high-quality customers. A low turnover ratio represents a large proportion of clients having financial difficulties. It also indicates an excessive amount of bad debt.
To answer the question -- what is the accounts receivable turnover for the imagine company, use this computation:
Given:
Net Sales - $1,000,000
Beginning Account Receivable =$700,000
Ending Accounts Receivable = $300,000
Let X = Accounts Receivable Turnover
X = Net Sales ÷ ((Beginning Accounts Receivable + Ending Accounts Receivable) / 2)
X= 1,000,000/ (700,000+300,000)/2
X = 1,000,000/ (1,000,000/2)
X = 1,000,000/500,000
X = 2
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The answer is Inflation premium. Inflation Premium is a part of the interest rates that the result from the lenders compensation to the expected inflation by making the nominal interest rate to higher rates. It is also the investment returns that compensates for the expected increase of price levels of products.
Answer:
increase
increase
Explanation:
Inferior goods are goods whose demand falls when income rises and increases when income falls.
If frozen pizza is an inferior good, a decrease in income will increase the demand for frozen pizza. this would lead to an increase in price and quantity
Answer:
s protected from defamation liability under the opinion/analysis quasi-privilege.
Explanation:
Answer:
Service-learning opportunities
Explanation:
Service-learning is the learning which is referred to the learning which actively comprise the students in a wide range of experiences and it often advantage others as well as the community.
Therefore, the opportunities which allow the students to give back to the community and the set of learning goals which are attached is known as the service-learning opportunities.